TELOS THE PERFECT BLOCKCHAIN
Telos is a network based on a blockchain, which uses the EOS.IO protocol, the same used by the EOS project.
The EOS.IO protocol simulates the characteristics of a real computer, which includes hardware (CPU (s) and GPU (s) for processing, local memory / RAM,
hard disk storage) with computing resources distributed equally among EOS cryptocurrency holders, and soon with the launch of the mainnet, also of the new TELOS project.
EOSIO operates as an intelligent contract platform and a
decentralized operating system for the development of decentralized industrial scale applications through a decentralized autonomous company model,
with the aim also to eliminate transaction costs and process millions of transactions per second.
The TELOS network is a fork of the EOS project, the ratio will be 1: 1. Each TELOS account will contain a maximum of 40,000 tokens.
Telos aims to correct some distortions of the Eos project.
Eos is a decentralized paper project, but in reality it is the 1.6% of the community that owns 90% of the coins in circulation, with a strong chance of piloting the market.
Telos also, unlike EOS, has available documented solutions and processes to maintain block manufacturers' compliance, arbitrage mechanics and limit RAM speculation.
The TELOS network is a decentralized project, much more democratic than EOS, in fact each TELOS account can hold up to 40,000 tokens.
A fair redistribution of the TELOS in circulation will give
a lower probability of market manipulation by the whales.
The Telos network offers:
1.Economic decentralization – No whale addresses
2.Equitable pay structure for block producers and standbys
3.DApp developer-friendly with proprietary DApps and lower cost deployment
4.Additional token holder protection and pre-activation resolution of stolen tokens
5.Delegated Proof of Stake is the future of smart-contract blockchains.
Telos offers additional value to developers through features like lower DApp
deployment costs and the ability to deploy proprietary code. These features may make the Telos network
more attractive and more valuable to developers over time.
Lower Inflation
Eos inflation is set at 5% per year. Telos will aim for inflation of 2.5% per year. TLOS token inflation will be
as much as 50% lower than that of EOS.
Preactivation Resolution of Stolen Tokens
The Telos Foundation and ABPs will provide a smart contract
to allow any EOS holders who had tokens
stolen to prove their ownership prior to Telos mainnet launch. This will return the tokens to their rightful
owners and prevent additional members from unwittingly purchasing tokens that may later be frozen due
to theft.
The Telos mainnet will be launched unforeseen during the month of October and will be a revolutionary blockchain in the world of crypts.
Topic: TELOS THE PERFECT BLOCKCHAIN (Read 130 times)
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