Report: Telegram’s TON Blockchain to Be Compatible with Ethereum DApps
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Telegram Open Network’s (TON) blockchain is compatible and will allow developers to use Ethereum (ETH) smart contracts.
CoinDesk reported that the software startup TON Labs who is managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. Solidity is the primary programming language used to develop smart contracts in the Ethereum network.
Solidity compiler will allow developers to use Ethereum smart contracts on TON’s blockchain. However, they have not mentioned whether there will be changes in their code.
TON Labs CEO and managing partner Alexander Filatov told the outlet:
“That was probably the most difficult thing we built. It will allow the advanced Ethereum community to pull everything they wrote for ethereum into TON.”
TON Labs is also building other tools to improve the TON’s ecosystem, moreover, the team has been testing the compiler since July. Telegram’s team developed TON, which is a blockchain project that aims to enable decentralized applications and messaging.
Tests before the launch
The expected to launch date of TON is Oct. 31. According to the user agreement, Telegram will have to refund all of its investors in their token sale if they fail to launch at the said launch date.
Coindesk also reported that there is an expected code release today, September 1.
Filatov said Sept. 1’s code release will be the most important stage of TON’s rollout.
“We have very little time between the node release and the mainnet launch to test, identify and fix possible bugs and vulnerabilities.”
There was a light client code shared with investors earlier this year and was immediately leaked to the general public.
Filatov said this client allowed users to play around with some of the TON blockchain’s basic functions.
“You can play with GRAMs [the network’s token], write a simple smart contract talking to the node via a light client [and] create a wallet.”
Telegram raised at least $1.7 billion in 2018 for its blockchain, according to Coindesk. They also claim to have over 200 million active users.
