Telegram has announced that it will take control of the TON blockchain, replacing the TON Foundation as its primary operator. This change is expected to improve user experience and drive adoption, with transaction fees cut sixfold and block production times reduced to 400 milliseconds.
The move is seen as a return to Telegram's original 2018 vision for the blockchain, which was interrupted by regulatory forces in 2020. With Telegram taking control of the TON blockchain, the company can now focus on improving user experience and driving adoption through its Mini Apps ecosystem.