TON’s Journey Over Before It Began as Others Take Up Telegram’s Mantle
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Telegram Open Network is off to a very uncertain future. Earlier this week, Telegram CEO Pavel Durov announced his company’s “active involvement with TON” was over, following a drawn-out legal battle with the United States Securities and Exchange Commission.
The project remains decentralized, however. Although TON lost its main ideologist, an independent community of validators has recently launched the blockchain platform separately from Telegram. So, what is TON without Durov’s supervision, and should other high-scale crypto projects — such as Facebook’s Libra — be even more worried about the SEC coming after them?
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