The founder of TG, Pavel Durov, announced some days ago that Telegram will replace the role of TON Foundation to become the largest validator on TON.
What's happening when TG becomes the main driver of
@ton_blockchain?
ICYMI, this is a step in a bigger roadmap introduced by Pavel Durov in April called MTONGA (Make TON Great Again).
The outcome includes:
+ faster network (6 times faster block speed)
+ <$0.0005 transaction fee
+ 10x for sub-second confirmations via Catchain 2.0
$TON price surged nearly 90% in only 9 days, reaching over $2.3.
imo, this is only the short hype driven by the announcement and also by the 20% APR promised by Pavel Durov.
Some may be concerned that when TG becomes the largest validator, this may reduce the 'decentralization' of the whole network.