Gram, The Cryptocurrency BY Telegram Is Slated To Launch In March

by | Jan 24, 2019 | Cryptocurrency, Cryptocurrency News

Gram | Telegram | Cryptocurrency | March |Launch

The Gram, a cryptocurrency token by the cloud-based instant messaging platform, Telegram will be launched in March this year. It is set to make a grand debut in Japan.

According to news outlet The Bell, sources close to the founders of Gram assert that a major project meeting will be held during the coming four weeks. The meeting will include a demonstration for Telegram’s newly developed TON blockchain platform. The main net of the network is set for March.

Furthermore, the publication states that the Gram plans to initially explore the Asian market, and will be making its debut in Japan.

About Gram’s Development

The CEO of Telegram, Pavel Durov claimed during the previous week that 2019 would be the most important year in the history of the company. Last year, the platform managed to raise over $1.7 billion USD in funding for the Gram and the TON platform, the major blockchain ecosystem project.

Telegram recently claimed the developing on TON was 90% done and expect it to be ready as early 2019. Though the author also conceded that “a slight delay of two-three months” was probable, due to the “innovative nature of the project.” 

The platform boasts, to be able to solve one of the most challenging problems of the blockchain, scalability with an entirely new blockchain shall be capable of processing millions of transactions per second. The article cites terms such as  “infinite sharding” and “hypercube routing.” Even so, these topics have been dropped by other researchers due to how complex they are.

Read more: Nasdaq CEO Believes That Cryptocurrencies Could Be ‘Global Currency of Future’

 

 

Arshmeet Hora

The idea of expressing one’s views and reviews through words is beyond intriguing. What started as a creative let out has now become a passion and a profession for Arshmeet K Hora. In her own words ” with every word, every article that I write, my passion towards this medium has grown stronger.”  Arshmeet covers latest crypto news and updates as well as what happening new revolving around Blockchain Technology.

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