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The Open Network (previously Telegram Open Network, [1] both abb. as TON) is a decentralized computer network [2] consisting of a layer-1 blockchain with various components. TON was originally developed by Nikolai Durov who is also known for his role in creating the messaging platform, Telegram .
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Telegram offers end-to-end encryption in voice and video calls, [10] and in optional private chats, which Telegram calls Secret Chats. Telegram also has social networking features, allowing users to post stories, create large public groups with up to 200,000 members, or share one-way updates to unlimited audiences in so-called channels. [11]
Pavel Valeryevich Durov [b] (Russian: Павел Валерьевич Дуров; born 10 October 1984) is a Russian technology entrepreneur best known as the founder and chief executive officer (CEO) of Telegram, a messaging platform launched in 2013.
In August 2012, Trendon T. Shavers (aka "Pirate" and "pirateat40"), the founder and operator of "Bitcoin Savings and Trust" (BTCST), [124] a non-existent company advertised over an internet forum, disappeared from the public scene. Shavers raised at least 700,000 Bitcoin in BTCST investments by running it as a Ponzi scheme. The fact that BTCST ...
BTC was the only telecommunications provider in Botswana until 1996 when an amendment of the BTC Act removed the monopoly of BTC and allowed indirect competition from two cellular companies, Mascom and Orange Botswana. [1] BTC's network is composed of an all-digital microwave and fibre optic system with digital exchanges at the main centres ...
Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan. [1] Launched in 2010, it was handling over 70% of all bitcoin transactions worldwide by early 2014, when it abruptly ceased operations amid revelations of its involvement in the loss/theft of hundreds of thousands of bitcoin, then worth hundreds of millions in US dollars.
The unit of account of the bitcoin system is the bitcoin. It is most commonly represented with the symbol ₿ [ 1 ] and the currency code BTC. However, the BTC code does not conform to ISO 4217 as BT is the country code of Bhutan, [ 63 ] and ISO 4217 requires the first letter used in global commodities to be 'X'. [ 63 ]