January 28, 2023

Telegram introduced Grams test wallet without SEC approval

Telegram introduced Grams test wallet without SEC approval

The Telegram team launched a crypto wallet test for its Gram token. In addition, the company gives new wallet users a small amount of cryptocurrency.

Grams Wallet Telegram is available on GitHub in test mode for MacOS, Windows, and Linux. You can download the Gram-wallet on the official website of the project.

After installing the wallet, users will receivethe ability to control your Gram tokens without the help of intermediaries. To ensure security, the wallet uses a seed phrase of 24 words and private keys for transactions.

Telegram also launched a special TestTonBot,through which you can get from 5 to 20 Gram tokens for each new user to test the wallet. Test transactions take less than a minute, with free traffic, and are reflected in the TON test network.

Initially, the launch of the token was supposed to happen before October 31, but the SEC stopped the launch by a court decision. In September, the project team released testnet and introduced the software and block explorer for TON.

Telegram received investor approval in Octoberpostpone the launch until April 31, 2020 in order to gain more time to clarify the situation with the SEC and published the terms of use for the Grams Wallet wallet. Despite the postponement of the SEC court hearing on February 18-19, 2020, Telegram did not stop preparations for the launch of the blockchain project and the Gram digital currency.