茶魔 / chama.base.eth

A few days ago, Pavel Durov, the founder of @Telegram, announced the launch of a native non-custodial Gram wallet. I've been digging through some codebases since then, and this is what I think is coming. Here's what you need to know first: on TON, a wallet is a small program living on the blockchain, and that program decides what counts as permission to move your money. Normally, permission means a signature from your seed phrase, those 24 words everyone is scared of losing. But Telegram quietly added a feature where Telegram itself can sign data with its own key. So a wallet can be built to accept THAT as permission instead. You tap approve in Telegram, Telegram signs it, the blockchain checks the signature, money moves. Your Telegram account is the key. Seed phrases don't exist here at all. And no, this is not custodial. For example, trading bots hold your seed phrase on their servers and can rug you if they really wanted to. Here, there is no seed phrase to hold; the blockchain itself checks that Telegram signed your exact transaction. Now the question everyone may ask: "What if my Telegram account gets banned?" This is where extensions come in. Your wallet can keep a list of trusted backup programs, called extensions, and anything on that list can also control the wallet, following whatever rules are written into it. Like giving a spare house key to a robot that only follows the exact rules you set. A spending limit. A second signature requirement. A recovery timer if you go missing. So if your Telegram account ends up getting banned, your backup extension still controls your funds. You can even switch Telegram access off completely and run fully on the backup. The wallet code won't even let you delete your last remaining access, so you can't lock yourself out. And none of this is me guessing. Back in January, 6 months ago, a TON core dev quietly published a working prototype of exactly this wallet on GitHub. Nobody paid attention. Durov's announcement makes it obvious why it existed. Even the current Gram Wallet (by MyWallet team) already runs on this exact Telegram signing tech. Its recent 2FA feature uses it, and the 2FA itself is literally one of these extensions. I believe the rails are live in production right now. Last thing. @ Wallet on Telegram is a mini app, and it was opt-in; you had to go find it, enable it and add it to your settings menu. Expect the Gram wallet to be the opposite. Built directly into Telegram itself, not a mini app, and enabled by default for every user. TON assets only, no other chains. Over a billion accounts waking up with a working wallet inside, powered by $GRAM💎 To be clear, none of this is officially confirmed. It's what the public code suggests. We'll see how it turns out in the end. Seems like this summer is going to be really interesting :)