Telegram’s Secretive Crypto Project is Now Just a Few ‘Minor Changes’ from Launch

Telegram’s crypto platform is now 20% further along than it was at the end of last year. According to an investor update cited in The Block, it is about 90% completed. The most important part, the Telegram Virtual Machine, is reportedly complete. “Only minor changes will be necessary,” the investor update reads. It’ll process computations in the same way the Ethereum Virtual Machine does. Telegram completed its first pre-sale round about a year ago, followed by a second round in March. Between the two rounds, $ 1.7 billion was raised. This places high expectations on the platform that is intended to

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Fiat money is essentially proof-of-stake where the ones with most stake run the full nodes (banks) and everybody else runs SPV. Whatever changes to consensus (money supply) we just have to accept. Our choice is to hard fork this system and start a new currency.

Fiat money is essentially proof-of-stake where the ones with most stake run the full nodes (banks) and everybody else runs SPV. Whatever changes to consensus (money supply) we just have to accept. Our choice is to hard fork this system and start a new currency. submitted by /u/Bitcoin_21
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