Altcoin

Telegram & Blockchain: 2018 Updates Expected

 

Telegram, the cloud-based instant messaging platform, has its focus on security and neutrality among nations when it comes to freedom of speech and press through the platform itself, as co-founder and CEO Pavel Durov has strongly made known to its users on Twitter. Its recent public announcement excites many users and reveals its long-term plans for the future as we begin the new year.

With a growing database of daily active users, shooting nonstop encrypted messages worldwide, a need for security has risen since its founding in 2013. Since then, the amount of daily new users has grown exponentially, all running on various iOS, macOS, Windows, and web clients. As the numbers continue to rise, and in light of heated political involvement,  a much-needed improvement for security has been at the top of their priorities recently.Telegram utilizes a symmetric encryption strategy, known as MTP. The protocol was developed and adopted by Nikolai Durov (among other devs at Telegram), and is sustained by 256-bit AES, 2048-bit RSA, and Diffie Hellman key exchange. Servers powering the instant cloud-based app is based on a proprietary software. Currently, app developers have access to the API and assets, giving them the ability to create new client applications, both desktop and mobile, and bots (within the app). The security method used by Telegram has grown old, and a new protocol is demanded.

BLOCKCHAIN ANNOUNCEMENT

Today, Durov himself made public the group’s efforts to launch their own Blockchain platform and cryptocurrency. In a tweet, concerns about government censorship have arisen, and Telegram is working on “blockchain-based anticensorship tools”. Blockchain would fit the organization’s mission: providing top level security combined with speed. The platform, to be called either “The Open Network” or “Telegram Open Network”, is expected to be “based on an improved version of Blockchain technology”; unofficial sources have suggested that the coin would be dubbed “Gram”. These security changes are expected to come as early as Q1 2018, according to Durov, and would be implemented into a completely new version of the official mobile/desktop app and developer API. Features and continuity updates are also much anticipated into the year, following the numerous alpha/beta updates, alongside the usual bug fixes and performance upgrades.

 

With the cryptocurrency markets experiencing an extremely healthy year, and the number of users belonging to the platform steadily growing, the 2018 year looks bright for Telegram as they work hard to hold their own ICO and roll out major features/improvements. Being a long time user of Telegram and having a high interest in crypto, I can’t wait to see where the Telegram team takes this, and what it will mean for its future! Here’s to a new year of Telegram!