Telegram raised $1.7B through private ICO at the end of 2018. Its CEO Pavel Durov promised to refund money back to investors if its blockchain won’t be released to the public before the end of October 2019. Mark Zuckerberg has access to almost infinite financial resources and makes promises to US Senate and special services instead of advertising to investors. In this post we compare TON and Libra projects and their possible future.

Pavel Durov is often called “russian Zuckerberg” by media. But Pavel and Mark have different backgrounds, different views on governments, and different attitudes towards user data. …


Freedom of choice of a virtual asset that one wants to use to make daily settlements is very important if cryptocurrencies are to be treated as a potential form of the currency for daily needs. Some of the large corporations decided to issue their own stablecoin, in order to make quick and cheap settlements in their internal structures, but what about a normal user who has a wide range of cryptocurrencies in his wallet?

Currently, most cryptocurrency holders treat their holdings as investments, susceptible to both — positive and negative market behaviors. For everyday settlements, they still uses traditional currencies, whose value in developed countries fits into the frames of stability. …


Oftentimes the banking sector is spoken of in quite a skeptical way. It’s true that some of the technologies that they are using are outdated and that traditional global transfers can be horrendously expensive and slow. But the reasons behind those problems need to be acknowledged and understood, so that proper solutions may be implemented.

As public interest entities, banks were always under direct regulatory pressure. Every economical and financial crisis revealed their shortcomings and so supervision over their activities has been getting stricter time and time again. …

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