CLAY asks Telegram, not to interfere | Coin Hero

Days after the Telegram message, you hope it will be the Start of the Blockchain network in April 2021, will start the Free SOUND Blockchain.

SOUND Labs announces: The Community of SOUND-the Blockchain is one of the “Free Version”of the Telegram Open Network at the Start.

Securities and Exchanges Commission (SEC).

The Start is at a time when the Messaging App Telegram is suffering from a regulatory war on the part of the US-American Securities and Exchanges Commission (SEC). So far, Telegram had the hope to be able to its Blockchain-a platform SOUND, at the latest, in April of 2021 and had only recently close to US investors for the repurchase of project shares

Now, however, the really new development is taking place through the SOUND Community. She now leads the so-called Free TONE Blockchain. Are involved in the process, User, validators of the network or the App and software developers. It was announced also a free Token, which is suitable to bear the name “SOUND”.

Said SOUND Token to be distributed to the Community, as it is called from the environment of SOUND Labs.

This means in clear text: The Blockchain is now under decentralized supervision of the Community. The actual Telegram Team adopted inevitably from the project. The announcement of today’s date refers to the fact that independent validators of the Blockchain will be preserved.According to the on the Free the TONE Website information published is of the valida the observance of a strict rule, the gates of the plant, which is present in a document, the term “Declaration of Decentralization (DOD).

The user in question must qualify for the free SOUND-tokens, by you to sign the document.

No access for US investors

The Free SOUND Blockchain occurs actually, for the issues of decentralisation, transparency and, above all, free access to the market. Users and investors from the USA will not be at least considered for the time being, nevertheless.

U.S. company must be patient, until the network is grown and the conditions for a “complete decentralization” meets.

An exact time schedule, however, is difficult to formulate. The Moment has come, when no barriers, and centralized authorities are more in the way of the want to decide who is allowed to join the Community and who is not.

The Community is working on a suitable Blockchain platform as a replacement for the original Telegram-projects. Telegram had collected in 2018 under the leadership of Pavel Durov 1.7 billion US dollars. The then-second largest sale of tokens should form the Foundation for the network boot.

But then the plans of the encrypted Messaging platform in a serious conflict with the SEC’s got. Subsequently, the Community reviewed, what Chance is there for the establishment of a private decentralized network.

According to the SEC, Telegram has the GRAM-Token is not properly registered with the Supervisory authority, which is why the Blockchain-the project didn’t go as planned, and could start.

While the SOUND Labs SOUND-OS would like to develop the Open-Source offerings. Said operating system SOUND Blockchain functions for iOS mobile devices, but also for Smartphones using the Android System and PC.

Telegram itself has so far not given an opinion on the current development. It should give news, inform we, of course, at this point!