Toncoin will be accepted by Telegram verified payment bots-

Co-founder of Telegram and Pavel Durov His latest post highlights the return of an improved version of the Telegram Open Network (TON) project, which surprised crypto enthusiasts. The technology will enter the crypto market under a new brand name “Toncoin” and will provide unparalleled scalability for crypto users. Pioneers of popular messaging platforms show that even after Telegram withdraws in 2020, TON technology is still evolving.

In his post, Durov mentioned his Decentralized project This is the first time. He seems to be happy to announce that the project is still under development and operation. He added that TON is far ahead of all existing blockchain solutions in the market in terms of scalability and execution speed. The person in charge clarified that, unlike TON, Toncoin will be completely independent of Telegram. He hopes the project will be successful, and pointed out that if the correct market strategy is adopted, the team is likely to create something of historical significance.

Recently, Donate, a telegram-verified payment service provider, revealed its plan to promote donation collection and subscription payments on Telegram through Toncoin tokens. This aptly explains Durov’s tendency towards this long-lost project. As part of this cooperation, local administrators of the portal will be allowed to collect their income in virtual currency.

TON was founded in 2017 by brothers Nikolai and Pavel Durov, and became the focus of attention when facing some serious legal issues with the US Securities and Exchange Commission. The SEC won this protracted lawsuit. The authorities accused the brothers of conducting a $1.7 billion ICO in 2018 and violating U.S. securities laws. This led Telegram to abandon its decentralized currency project in 2020. However, despite this, TON’s core philosophy continued to flourish and paved the way for multiple independent derivative projects. The Toncoin community is a fast-growing cluster with nearly 50,000 fans.The company is working hard to make it Cryptocurrency industry.