Article Summary, Automatically Generated By AI
About Telos
- Launched in 2018 by a collective of over 100 visionaries
- Focus areas: usability, scalability, and data protection
- Novel work on Zero Knowledge (ZK) proof technology for scalability and data protection
- TelosEVM: Ethereum-compatible platform with 15,200 transactions per second
- 3 platforms in the Telos ecosystem: TelosEVM, TelosZero, and Telos ZKEVM
- Independently verified by Baylor University
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Key features:
- No front running
- Advanced governance
- Regulatory clarity
About Telos: Empowering a New Era of Blockchain Innovation
Telos is a highly decentralized blockchain ecosystem, meticulously crafted to facilitate seamless mainstream adoption.
Launched in late 2018 by a collective of over 100 visionaries, Telos has been resolute in its pursuit of widespread adoption, driven by innovations in usability, scalability, and, more recently, a concerted focus on data protection. The foundation’s groundbreaking work on Zero Knowledge (ZK) proof technology is poised to propel the network towards unprecedented scalability and robust data protection, thereby paving the way for seamless real-world adoption.
Home to the World’s Most Advanced Ethereum Virtual Machine, Powering Lightning-Fast Transactions:
Telos’ flagship platform, TelosEVM, boasts unparalleled Ethereum compatibility, achieving an astonishing throughput of over 15,200 transactions per second. This cutting-edge platform empowers a vast community of over 100,000 Solidity developers, providing a robust framework to build scalable and affordable real-world applications.
In the Telos ecosystem, three distinct platforms coexist:
TelosEVM: A trailblazing Layer 1 blockchain boasting an impressive throughput of 15,200 transactions per second (TPS). TelosZero: A groundbreaking C++ consensus layer that achieves a remarkable performance of over 50,000 TPS. Telos ZKEVM: The forthcoming Layer 2 solution, poised to power the K2-18 gaming platform, with performance metrics to be announced.
The performance capabilities of the Telos platform have been independently validated by Baylor University, a testament to its exceptional operational efficiency. Learn more.
Salient Features of Telos:
Eliminating Front Running: Our system adheres to a strict first-in, first-out processing protocol, ensuring seamless compliance with the stringent requirements of premier global exchanges, such as NASDAQ and NYSE.
Elevated Governance: Boasting on-chain amendment voting and foundation elections, ensuring a decentralized and democratic decision-making process.
Regulatory Clarity: By forgoing an initial coin offering (ICO), we ensured a level playing field from the outset, thereby mitigating regulatory risks and fostering a more equitable environment.
Secure Bridge: Leverages the robust Layer Zero protocol to bolster security and safeguard transactions.
Economical by Design: With transaction fees starting from a mere fraction of a cent, at less than $0.01, our platform ensures that users can transact with confidence, without breaking the bank.
Reliability: Boasting an impeccable track record, our infrastructure has consistently delivered 100% uptime over the past five years, ensuring uninterrupted service and unwavering dependability.
The Telos Foundation
The Telos Foundation draws upon the expertise of seasoned professionals from esteemed institutions spanning both the Web 2.0 and Web 3.0 realms, including luminaries such as SpaceX, ServiceNow, IOHK (Cardano), Consensys, Decentraland, and Polygon.
The TLOS Token: The Paragon of Dynamism
At the core of the Telos network lies TLOS, its native token, which plays a pivotal role in facilitating transactions, governance, and liquidity.
In a strategic bid to transition into a deflationary asset, the community embarked on a monthly gas fee burn initiative in December 2023.