The Daily TON | News
@thedailyton
Your wallet starts with your Telegram account
When Pavel Durov announced the built-in non-custodial Gram Wallet, we assumed there probably would not be anything fundamentally new to expect. But it looks like one key piece of that future wallet may have been sitting in public for months. Back in winter, Lagus, one of the TON Core developers, published an experimental Telegram Wallet — and after Durov’s recent announcement, he directly hinted that the future mass rollout may be tied to this exact idea.
The main idea behind Telegram Wallet is to remove the seed phrase entirely. Users do not need to write down 24 words or store them anywhere: the wallet is created for a specific Telegram account, and every action is confirmed with a cryptographic signature through the Telegram app itself. At the same time, the funds in the wallet still belong to you, rather than being held by a centralized service.
In recent years, many crypto wallets have been moving toward the social login model: instead of saving a seed phrase, users create and recover a wallet through a Google or Apple account. Telegram Wallet follows the same idea, but uses Telegram itself as the login layer. This makes the wallet dependent on access to the messenger, but significantly lowers the barrier to entry.
As the developer explains, this setup is possible specifically because of TON’s architecture, where every wallet is essentially its own smart contract. That makes it possible to change the authorization logic itself — for example, replacing a private-key signature with confirmation through Telegram — while keeping the rest of the wallet’s functionality intact. In Lagus’s version, this includes the V5 features we wrote about earlier.
There is still no confirmation that this architecture will actually become the foundation of the future Gram Wallet. But the idea itself looks realistic and could make onboarding much easier by simplifying crypto access for millions of Telegram users. Hopefully, we will find out how it really works before the end of the summer.
@thedailyton
When Pavel Durov announced the built-in non-custodial Gram Wallet, we assumed there probably would not be anything fundamentally new to expect. But it looks like one key piece of that future wallet may have been sitting in public for months. Back in winter, Lagus, one of the TON Core developers, published an experimental Telegram Wallet — and after Durov’s recent announcement, he directly hinted that the future mass rollout may be tied to this exact idea.
The main idea behind Telegram Wallet is to remove the seed phrase entirely. Users do not need to write down 24 words or store them anywhere: the wallet is created for a specific Telegram account, and every action is confirmed with a cryptographic signature through the Telegram app itself. At the same time, the funds in the wallet still belong to you, rather than being held by a centralized service.
In recent years, many crypto wallets have been moving toward the social login model: instead of saving a seed phrase, users create and recover a wallet through a Google or Apple account. Telegram Wallet follows the same idea, but uses Telegram itself as the login layer. This makes the wallet dependent on access to the messenger, but significantly lowers the barrier to entry.
As the developer explains, this setup is possible specifically because of TON’s architecture, where every wallet is essentially its own smart contract. That makes it possible to change the authorization logic itself — for example, replacing a private-key signature with confirmation through Telegram — while keeping the rest of the wallet’s functionality intact. In Lagus’s version, this includes the V5 features we wrote about earlier.
There is still no confirmation that this architecture will actually become the foundation of the future Gram Wallet. But the idea itself looks realistic and could make onboarding much easier by simplifying crypto access for millions of Telegram users. Hopefully, we will find out how it really works before the end of the summer.
@thedailyton
👍 12
🔥 7
❤ 4
🤬 1
🎉 1
2 5 454
Обсуждение 2
Обсуждение не доступно в веб-версии. Чтобы написать комментарий, перейдите в приложение Telegram.
Обсудить в Telegram