Episode #482 from 3:44:23

TON

Plus there's a bot API. And I mean you have to tell me about the TON blockchain and the crypto ecosystem available through Telegram. So what is TON aka The Open Network blockchain? TON is a blockchain technology that we initially developed in 2018 and 2019, and we started to develop it because we needed a blockchain platform to be integrated deeply into Telegram because we believe in blockchain. We think it's one of the technologies that enable freedom. But at the time, if you look at Bitcoin, if you look at Ethereum, they were not scalable enough to cope with the load that our hundreds of millions of users would create. They would just become congested. And I asked my brother, "Can we create a blockchain platform that would be inherently scalable so that no matter how many users or transactions there are, it would split into smaller pieces?" which we call ShardChains and would still process all transactions. And he thought for a few days and said, "Yes, it's possible, but it's not easy." And we started building it.

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Plus there's a bot API. And I mean you have to tell me about the TON blockchain and the crypto ecosystem available through Telegram. So what is TON aka The Open Network blockchain? TON is a blockchain technology that we initially developed in 2018 and 2019, and we started to develop it because we needed a blockchain platform to be integrated deeply into Telegram because we believe in blockchain. We think it's one of the technologies that enable freedom. But at the time, if you look at Bitcoin, if you look at Ethereum, they were not scalable enough to cope with the load that our hundreds of millions of users would create. They would just become congested. And I asked my brother, "Can we create a blockchain platform that would be inherently scalable so that no matter how many users or transactions there are, it would split into smaller pieces?" which we call ShardChains and would still process all transactions. And he thought for a few days and said, "Yes, it's possible, but it's not easy." And we started building it.

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TON chapter timestamp | Pavel Durov: Telegram, Freedom, Censorship, Money, Power & Human Nature | EpisodeIndex