Telegram’s Exclusive TON Integration Sparks Debate Over Decentralization Concerns
Telegram’s recent move to require TON Connect for all third-party cryptocurrency wallets has caused an impact throughout the Web3 community. It has instantly raised concerns about decentralization and exclusivity. The decision effectively restricts Mini Apps to the TON blockchain, causing backlash from both developers and users alike. TON Takes Over: What’s Changed? In its most recent update, Telegram reaffirmed its exclusive relationship with The Open Network (TON) Foundation, making TON the only supported blockchain for crypto-related activity within its ecosystem. This means that: All third-party crypto wallets on Telegram must use TON Connect as their only wallet connection protocol. Mini Apps already running on other blockchains must migrate to TON by February 21 or risk being suspended. Telegram’s default wallet service, Wallet in Telegram, is unaffected because it is already TON-based. Also read: US Court Orders Over $130 Million in Penalties Against EmpiresX Founders for Crypto Fraud TON’s architecture is built to manage bulk transaction volumes, which is a significant advantage for Telegram. Its sharding features allow it to handle transactions efficiently, which is crucial given its large user base. Steve Yun, president of the TON Foundation, says that this architecture is critical for security and scalability. But here’s the catch: if everything is built on a single blockchain, how secure is that? What risks might be lurking? Developers Face Tight Deadlines Many developers are hurrying to bridge current assets, move smart contracts, and adapt their applications to the TON blockchain in a couple of weeks after the introduction. Those who miss the deadline will be cut off from Telegram’s ecosystem. Though some wallets, like Bitget Wallet Lite, have already implemented TON Connect, others are considering their choices. Tim Delhaes, CEO of Grindery Wallet, slammed Telegram’s sudden shift, stating: “Telegram is following in the footsteps of Big Tech and creating monopolies.” Also read: Jupiter DEX and Former Malaysian PM’s X Accounts Hacked to Promote Scam Meme Coins Telegram’s decision to restrict its crypto ecosystem to TON has raised questions about its adherence to decentralization. Critics claim that by requiring developers to use a single blockchain, Telegram is centralizing control in an industry that values transparency and interoperability. As February 21 approaches, the crypto community will pay close attention. Will developers cooperate, or will this change lead to an exodus from Telegram’s ecosystem? Also read: Billionaire Investors Go Crypto: TIGER 21 Commits $6 Billion to Digital Assets Though Telegram’s relationship with TON improves its blockchain ambitions, the limited approach may turn off multi-chain developers and Web3 enthusiasts. The real test will be whether TON can handle the increase in activity, or if dissatisfied projects will look elsewhere.