The whitepaper of TON, the Telegram ICO, is leaked, which will fully enter the cryptocurrency market, with a third-generation blockchain, which promises to support millions of operations per second.

We have been talking a lot about the Telegram ICO for a few weeks and this platform aims to revolutionize the cryptocurrency market and present a different blockchain. Every day dozens of ICOs appear, but not all of them have the necessary characteristics to be popular and reach the objectives. Telegram Open Network, so far they are only rumors, but now the whitepaper has been leaked, which contains a total of 23 pages, which explain everything that this new system or platform will be, of which until now we have only seen bits and pieces.

TON is a third generation blockchain, which has the ability to be scaled and will allow efficient transactions. Bitcoin only supports seven transactions per second and Ethereum, a maximum of fifteen, something that limits these platforms, but the idea of ​​TON is to admit millions of operations per second, something that at the moment seems complicated, but with masternodes and miners it is could see feasible.

This whitepaper, according to The Next Web , is a real document, and they claim to have obtained it from an independent source. Telegram has over 180 million users, and its privacy features make it ideal, so the move to its own cryptocurrency, which will surely offer strong privacy, is a logical step, especially considering Telegram will use it as a wallet. Users will receive Gram, the name of the cryptocurrency, as TON represents the entire infrastructure. The messaging app already has minigames that pay in Bitcoin, so minigames could be developed using Gram, for example.

This document establishes a capitalization for the ICO of 500 million dollars, a collection that would begin in March and that will surely last seconds. Gram and the TON network, could have a final valuation of $ 3.000–5.000 billion, at the very least. Additionally, the whitepaper establishes a total of 5.000 million Gram, but not all of them will be available, it seeks to restrict speculation and the company will reserve 52% of the tokens, to avoid price manipulation. 200 million grams are saved for the development team, which can be acquired after the passage of four years. The remaining 44% will be publicly accessible.