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    Home » Telegram developers published rules for using the wallet for Gram tokens

    Telegram developers published rules for using the wallet for Gram tokens

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    By BlockchainJournal on October 9, 2019 News
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    The creators of the Telegram messenger this Tuesday published on their website the first official version of the rules for using a wallet to store Gram tokens .

    According to the publication, the wallet will be available as a standalone application and built into the Telegram messenger.

    Persons over 18 years old and residing in jurisdictions where it is not prohibited by law or other rules, including sanctions, can use the wallet.

    Telegram will not have access to or store public or private keys, recovery phrases or passwords and other user identification information. In the event of data loss, the company will not be able to help restore it, and the user may permanently lose access to their Gram tokens.

    At the same time, the company reserves the right to stop providing services to the user and close his account "at any time and for any reason."

    “The implementation of transactions with Gram tokens requires validation and entry in the registry of the TON blockchain. We do not control the TON blockchain network and, therefore, cannot guarantee that the transaction data you transmit will be validated and confirmed on the TON blockchain. Transactions you send may not be completed or may be significantly delayed, ” Telegram writes, adding that the company cannot cancel or modify already completed transactions.

    Significant attention in the rules is given to Telegram's disclaimer. The maximum amount of losses claimed by the company may not exceed $ 10.

    Last week, TON investors were notified of further actions that they need to take to receive the purchased tokens.

    Publication date 10/09/2019
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