A decentralized blockchain system. Image from pixabay.com
Give us $2 billion and we would solve all blockchain problems- says Telegram ICO

In what appears like a leaked white-paper of the Telegram ICO, the company which has more than a 100 million users of its messaging service, is seeking to raise $2 billion. With the aim to develop censorship resistant applications such as anonymous web surfing, micropayments and decentralised storage systems, Telegram proposes to solve the most difficult blockchain problems since the challenge is to develop a system that is cheap to operate while being efficient at large scale and remaining truly decentralized.

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