Telegram’s TON Blockchain Will Support Ethereum dApps

Libra Coin News
Fri, 08/30/2019 - 18:08
Alex Dovbnya
TON Labs has been testing a Solidity compiler since July 
Cover image via www.freepik.com

Telegram’s TON Blockchain, which is expected to go live by Oct. 31, will support Ethereum-based decentralized applications (dApps), Coindesk reports.

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TON Labs CEO Alexander Filatov has revealed that his company is working on a Solidity compiler, which will allow this synergy to happen.

“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.”

As reported by U.Today, Telegram kicked off closed trials of the TON network back in April.

If TON and the Gram cryptocurrency fail to launch by the end of October, the messaging giant will have to refund the participants of its $1.7 bln ICO.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.