MoneyNews

Button Wallet cryptocurrency wallet adds test support for Telegram Open Network

UNITED STATES, WASHINGTON (OBSERVATORY) — The non-custodial multicurrency crypto wallet Button Wallet has added support for the Telegram Open Network (TON) in test mode and offers 6.6 Gram test tokens to users who activate the application for free. About it writes Forbes .

According to Alex Safonov, co-founder and CEO of Button Wallet, this should give users the opportunity to gain practical experience in conducting transactions with digital currencies without any associated risks.

“The biggest obstacle to the development of cryptocurrencies is their massive adoption. We want to help people feel comfortable when trading without using real money, ”Safonov said.

Button Wallet supports BTC, ETH, LTC, BCH, ETC, Waves, Stellar Lumens (XLM) and ERC-20 tokens, offering the ability to exchange assets without having to leave the application.

Button Wallet’s chief operating officer, Rachel McCrary, meanwhile, noted that simple fear often prevents many people from using cryptocurrencies. The ability to test the capabilities of digital currencies without the risk of losing money, she hopes, will help overcome it.

Note that earlier programmers from Hong Kong, where mass protests were held against the adoption of a law that obliges local authorities to extradite suspected jurisdictions with which this country does not have an extradition agreement, accused the Telegram messenger of issuing their phone numbers to the Chinese authorities .

In the Telegram settings, the user can independently determine the level of confidentiality, indicating who exactly can see his phone number. If you select “Nobody”, the phone will be hidden, but not from everyone: people who have this phone listed in their contacts for calls will still see it.

The suspicions of the protesters are fueled by the fact that even if the user chooses in the settings that no one sees his phone number, this number remains visible to those who entered it in the notebook of their phone. At the same time, the opposition does not want to leave Telegam in messengers like Signal, including because they are less convenient, do not allow creating chats designed for a large number of people, and also disclose the phone numbers of their users.

Telegram reacted to these assumptions, saying that the company “has appropriate security measures to prevent the import of too many contacts” that were “introduced specifically to combat the described scenario.”

Earlier in August, it was reported that a number of investors in the Telegram Open Network ICO were dissatisfied with the delay in launching the project and, in violation of the agreement, began selling Gram tokens in the secondary market .

Online:

This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.

OBSERVATORY NEWS — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.

Contact us: [email protected]

Stay connected with News Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.

Support The OBSERVATORY from as little as $1 – it only takes a minute. Thank you.

We are NEWS OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.