Already today, the TELEGRAM blockchain is available for testing for everyone. Of course, all its power will be fully available only in October, but nevertheless the Telegram team is now working in the right direction, launched its project a little earlier. According to the developers, the Gram coin will provide users with a very wide range of services, including the purchase of various content, goods, and other things. Based on this, we can understand that the developers are preparing to create a very wide ecosystem for use in their coins. As it has already become known, the transaction speed in the Ton blockchain will be comparable to the performance of such systems as Visa and Mastercard, which is almost tens of thousands of transactions per second. For comparison, we can say that Bitcoin processes 7 transactions per second, and Ethereum 15.
I see they are all trying to compete within the same region, I am sick and tired of hearing of all these chain things, binance came with its own and we think it would be successful, but till date now, I have not seen anything much to write about it after trusting so much that it is the one that will lead the market to the next phase the way that Ethereum did concerning their ICO in 2017, not gram is coming up with same story.
Facebook is also coming up with similar solution, and I learnt that amazon is also coming up with their also, same chain story everywhere, I think they all lack new innovation again and that is why the crypto industry is not growing because one users cannot be suing same solution with different provider. All these will just disorganize the crypto space.
