Third party will launch TON | Bitcointalksearch.org

makishart

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Quote from: greylandm on May 18, 2020, 01:59:50 AM

Quote from: ningrum on May 16, 2020, 10:28:52 AM

Too bad they are in the United States and dealing with the SEC, many projects have problems there,
it's better not to participate in the TON, because it is very risky

SEC was the reason of many worth projects to shut down. I have heard somewhere they also were a reason for Enigma to shut down. It actually makes me really sad that SEC negatively affect crypto space.

You should add a small not those projects that have alreadt shutdown by SEC was not following the regulation that already applied for US citizens.
Blockstack was getting approved by SEC and that's running perfectly. If the project was no following all of conditions that already ruled by SEC and it will be actually get shutdown

greylandm

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Quote from: ningrum on May 16, 2020, 10:28:52 AM

Too bad they are in the United States and dealing with the SEC, many projects have problems there,
it's better not to participate in the TON, because it is very risky

SEC was the reason of many worth projects to shut down. I have heard somewhere they also were a reason for Enigma to shut down. It actually makes me really sad that SEC negatively affect crypto space.

X-ray

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Quote from: EdvinZ on May 17, 2020, 10:50:53 PM

Quote from: Alhamza24 on May 14, 2020, 07:24:06 AM

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

Ideally, it would be great if the project was based on open source. But even without this, the project does not necessarily have to be based on open code, it will be great if the position of the head is occupied by no less significant figure than Pavel Durov.

This project will be a opensource project because it will be launched for free by the community. this project will be totally open source and it will be same as another public blockchain.
I thought that you should not feel worried about that dude and it's clearly stated by the dev who will launch that blockchain.

EdvinZ

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Quote from: Alhamza24 on May 14, 2020, 07:24:06 AM

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

Ideally, it would be great if the project was based on open source. But even without this, the project does not necessarily have to be based on open code, it will be great if the position of the head is occupied by no less significant figure than Pavel Durov.

ballerin and giroud

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I don't think if this project is running by thrid party will run well since being runned buy its team this project is not develop even they refused to continue developing this project. I just curious the problem TON's developer until they were decided to abandone the project whilst if I see in their whitepaper this project will be successful because its anynomous for payment system. I just hoping the developer of TON project will come back and rebuild its project again.

iconoclast

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I am sure that there will be lots of third parties claiming that they are launching TON. But being third party completely negates the trust that goes with launching from a trusted name. Both Libra and TON are getting lot of resistance because the SEC is saying they are a Security. The only way around that is by following the same development model as coins that are not securities like Bitcoin and Ethereum and that would negate the level of control that both Telegram and Facebook want over their projects.

yazher

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Quote from: ningrum on May 16, 2020, 10:28:52 AM

Too bad they are in the United States and dealing with the SEC, many projects have problems there,
it's better not to participate in the TON, because it is very risky

I agree, whether they used its name but developed by other companies if we don't see some promotions from telegram it'll be futile to invest in it. it'll be an ultimate gamble which will likely have a higher chance of losing than winning. I mean, whos gonna buy it if they don't see the benefits that they read in the roadmap anymore. There will be some confusion and I think this not gonna work at all.

disconnectme

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Quote from: Alhamza24 on May 14, 2020, 07:24:06 AM

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

I knew this is what would happen at last since the platform has been built there is an incentive for some one to just fork the code and start working on the project.

I think greediness and arrogance on the part of Telegram team kill the project, let us wait and see how the distribution would be.

hatshepsut93

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Quote from: Alhamza24 on May 14, 2020, 07:24:06 AM

But will Third-party project be safe?

What do you mean by "safe"? It will be a (shit)coin/blockchain like any other out there, it will be open source and people will verify that it doesn't contain something malicious. Will it be good? Probably no, every newly launched coin makes a lot of mistakes, and TON itself is nothing revolutionary, it shares similarities with Libra, ETH, TRON, etc. It's time to stop hyping new coins, because it's precisely their goal, instead give them time to prove themselves.

rexxarofmoknathal

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Then they're going to feel the wrath of the SEC instead of Telegram then.

You always get third party firms trying to steal the thunder and work of other people, however, it usually ends up going wrong because they dont. have the technical expertise or manpower necessary to make Telegram open Network.

Expect this fork to flop big time.

fvb

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Yes, it is certainly bad that the project refused further development. Because the company has a prospect, this is a potentially successful project. The platform is very convenient and with a large number of users. I am very interested in what will happen next and how the fate of this coin will turn out, good luck to an independent development group.

suryapro

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I did not really follow about this project, but what needs to be regretted is why this project stopped? is it not going well or there is no good management management in it

tycsols

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This is the right way to go, i always thought that there is always a way out when your intentions are good and you have the right passion to prove your worth to the world. I am happy that atleast the project will continue in one way or the other.

judaspriest

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C O M B O

I am not sure if TON has a third party, TON is indeed from a large company, yup Telegram,
but they fail to legalize, I am not sure they can be safe

Akiko

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Quote from: Alhamza24 on May 14, 2020, 07:24:06 AM

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

About the raised fund ton have is there any plan to give it back to those investors. I just heard that they ICO receive a large from investors are they going to stop the project and return the money to all ?

And for the third party what will be the use of ton if the owner doesn't have plan to launch it. Unless third party want to adopt it and plan to create new demand in TON coins.

tvplus006

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Quote from: bartolo on May 16, 2020, 10:26:17 AM

It doesn't matter at all, the TON network will be absolutely useless and valueless if Telegram is not behind the project and Gram, or whatever coin or token they create, can't be used on Telegram.

The main advantage of TON could be its integration into Telegram. Therefore, no matter what an independent development team creates, it will not have the same advantage as a closed Durov project. It's the same thing, how to create a Libra without the participation of Facebook.

nreal

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When TON is deployed by a third party, does it get the attention of the community, is it Telegram's effort to save TON by letting the third party develop TON to avoid problems?

masterrex

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Quote from: Alhamza24 on May 14, 2020, 07:24:06 AM

Telegram finally announced to stop its TON and Gram initiative. The firm has abandoned the project as SEC imposed regulatory restrictions. However, an independent group of developers has stated that they would work to create a Free TON network. But will Third-party project be safe?

Telegram's TON project was another casualty of the SEC intervention, By the way, if other third-party developers want to continue the TON project the developer should be transparent and have proven credibility because who knows it will be another form of scam that waiting to happen in due time. we need to be sure if those so-called developers are legitimate for the sake of future investors.

SyndicateLabs

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Quote from: ningrum on May 16, 2020, 10:28:52 AM

Too bad they are in the United States and dealing with the SEC, many projects have problems there,
it's better not to participate in the TON, because it is very risky

Agree, it is best to stay away from projects created in the US because all will fail. The SEC will not accept any projects created, if we invest in them we will definitely lose money

Tipstar

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Quote from: GreatArkansas on May 16, 2020, 08:00:43 PM

I am curious enough if it's okay with Telegram to use their project that suspended? For sure, these groups of developers has authorized by Telegram. The difficulty here is what if, these groups of developers are also connected with Telegram? Do they just want to cut the connection of Telegram to the TON cryptocurrency?
Read more about the issue here: Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution

I don't think Involvement of telegram developers on a project that was pursued by telegram is a bad thing. It's not the people who wanted to exclude telegram of TON. It was the Securities and Exchanges Commission which is forcing Telegram to not get involved in it. It's more of a legal issue that telegram is not involved not and ethical one.

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