Telegram to Release TON Blockchain Code on September 1

Telegram will release the code required to run a Telegram Open Network (TON) node on September 1, according to individuals close to the project.

The news was confirmed by two individuals familiar with the project, an investor and an affiliate with TON labs. There has been a high level of secrecy around the project, and some analysts have previously raised concerns regarding the lack of activity from Telegram on advancing its proposed blockchain. Francois Pouliot, a prominent crypto analyst, said, “Is the real use-case of blockchain technology the elaboration of mechanisms to launder money via shady …