Cryptocurrency price today, December 4: BTC is in balance at $ 4,000 per currency

To begin with, Gram is the currency that will be launched on the basis of the TON platform (Telegram Open Network). The creator and the main ideological inspirer of this project is Pavel Durov. If someone does not know, Durov created the Russian social network "VKontakte". After selling his stake in VK, he switched to the new Telegram messenger project. By March 2018, the user base of this project amounted to over 200 million people (there are no more recent official data).

From 2013 to 2017, the performance and functioning of the messenger were made exclusively by Pavel Durov's personal funds (about $ 1 million a month) and the question of monetization of the project was still open. But after the emergence of information on Durov's desire to create a decentralized platform on the basis, everything went smoothly. First of all, this it became known not from official sources, but after a short time this information was confirmed. Durov's team presented the White Paper project in open access. This document has 140 pages of detailed descriptions of the next project.

Durov calls Gram the third-generation cryptocurrency. The TON blockchain platform will be able to process hundreds of thousands of transactions per second. This mark is many times more than that of VISA or Mastercard, not talking about other cryptocurrencies.

The project has become so popular that its creators have not even organized one Public ICO. As a result, two closed pre-ICO tours were held during which the project managed to raise more than $ 1.7 billion. It is worth noting that Durov had to reject many willing investors, as the token request was huge.

At the moment, there is not much information on this project. The new official statements of the development team have not been received for a long time. To get a rough idea of ​​what's going on inside the project now, you can see its roadmap.

We want to remind you that in mid-April 2018, the Telegram messenger has been blocked across Russia. Of course, many users will be able to get around the blockade of Roskomnadzor without problems, but such a policy of the Russian Federation will still negatively affect the basic expansion of the users of the messenger.

By the end of 2018, all Telegram users should receive a Gram cryptocurrency portfolio. But it is very important to understand that this currency can not be bought anywhere. There are many scammers on the Internet, who offer the purchase of Gram cryptocurrency. It is absolutely wrong to trust. Its production and, consequently, the listing on the main stock exchanges it will happen not before 2019.

The Gram blockchain will work on the Proof of Stake consent protocol. It is possible to extract this cryptocurrency, but the developers have developed a series of rules that have never been found before. Let's take a closer look at the main features of the Gram coin extraction process:

• Multitasking. Miners will be responsible not only for the extraction of new currencies, but also for the control of transactions, supervision of the emergence of new blocks, etc.
• Random 1,000 miners per month. Every month there will be a new selection of miners, to which all users of the Telegram messenger will be able to participate.
• The bonus system and fines. In case of fulfillment of their duties, the miners will be rewarded with an additional amount of coins. This scheme will work in both directions, and in case of disdain for their duties, the miners will be fined.

Pavel Durov's project has aroused greater interest in the whole community of cryptocurrencies. For over a year and a half after ICO, we objectively evaluate all the pros and cons of the TON platform. Let's start with the advantages:

• Processing speed of the cosmic transaction. For comparison: the Bitcoin blockchain can process 7 transactions per second, Ethereum – 17, Visa declares support for 24 thousand (but in fact processes about 1,700), the Gram indicator is hundreds of thousands and in theory also millions of transactions per second.
• Convenience and usability. The entire platform will be implemented on the famous Telegram messaging base. All operations with Cryptocurrency Gram can be performed directly from the Telegram account. Against the background of modern cryptocurrency portfolios with their uncomfortable and not always logical interface, the Telegram will appear much more attractive.
• Wide functionality. According to the plans of Pavel Durov, it will be possible to pay with Gram cryptocurrency not only in digital, but also in the real world. The VPN function (to get around the block), which is integrated into the messenger, is a good answer to Roskomnadzor. To understand the full functionality of the future TON platform, it is necessary to read the project white paper. It consists of 140 pages of text.
• Investment tool Only in the near future, Gram crypt will be able to show crazy growth. It was not for nothing that many rich people invested in this project, the Google company even sent a blank check to Durov, saying that he could enter the required amount alone.

But like any company on the planet, the TON project has its drawbacks, which we will discuss now:

• This is just a concept. Many experts and skeptics believe that the existence of the TON project is only possible on paper. Durov and his development team have put an almost impossible task (functionality too large), whose implementation can cause a number of difficulties.
• The lack of official statements throughout 2018 is alarming. The lack of news does not mean anything negative, but indirectly, this could confirm the existence of difficulties in the implementation of the platform.

Gram cryptocurrency is one of the most important events in the industry throughout 2018. In theory, the successful implementation of the project will be able to bring the cryptocurrency market to a qualitatively new level. Cryptocurrency Gram is expected a great future. The investors of this project are a group of the richest people on the planet. But the development team has not yet been a truly working product for a large audience, so it's too early to talk about the future of the TON platform. We can only wish good luck to Durov and his team, as well as carefully follow the development of the events.

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