The world is about to see a tremendous advancement in economy, entertainment, trade, financial service, and personal liberty all due to blockchain technology.
What is TLOS?
TLOS is the native token of the Telos Blockchain Network, and a member of the EOSIO family of highly performant DPoS based blockchains. Telos is a software fork of EOS.IO, meaning that the Telos network has created an entirely new blockchain using an improved and modified version of open-source EOSIO software.
COMMUNITY GOVERNED BLOCKCHAIN
Built on EOSIO. Delegated Proof of stake is the future of smart-contract blockchains. We combine the blazing fast execution and scalability of EOSIO software with true decentralization that makes DPoS sustainable. Telos will have the most even money supply distribution of any blockchain. This token distribution improves governance so the network is more secure and ensures that the future of Telos is decided by its community. Telos has built the most advanced smart contract-controlled governance features of any blockchain.
DEVELOPERS
Telos exists to provide a secure, stable, cost-effective network for deploying world class Dapps. Developer can expect affordable RAM prices and the ability to lunch open-source or proprietary smart contracts with no transaction fees.
Telos is based on EOSIO code and will be compatible with EOS for DApp developers
DApps will not be forced to be open source
DPoS speed
The Telos network handles up to 5,000 transactions per second for blazing fast transactions and massive scalability. This means Dapps can reach a worldwide audience at the fastest average transaction speed of any blockchain-just 1.5 seconds
Governance
Telos has a rich governance system from voting amendment to the user agreement, to ongoing block producer elections, to work proposal funding and dispute resolution. No other blockchain offers the cohesive governance of Telos.
Telos introduces improved governance, by capping whale accounts. Telos will start with the EOS ERC-20 snapshot, but cap accounts at 40,000 TLOS tokens. This will affect less than 0.67% of all addresses while creating the most evenly distributed token ownership of any major blockchain.
Telos will launch its main net with approved wallets, a valid Constitution, referendum voting, worker proposal process, and an arbitration process and body in place.
Price and capitalization of Telos Token (TLOS):
TLOS market cap is currently estimated at $37,534,732 and TLOS price is $0.1088 at the time of publishing. While trading has only just begun, the current estimated daily volume is 2.2138 BTC and 14144 EOS ($40 514 in total)
RAM:
RAM will remain affordable via slower RAM releases, and RAM price stabilization.
Telos will designate a RAM fund to ensure the first 1 million new addresses will be free to create in order to aid rapid user adoption.
Telos includes two powerful tools to help stabilize RAM against speculation.
Supply and distribution:
Telos will have a money supply of approximately 330,000,000 tokens, meaning that each TLOS token will have three times the network equity of an EOS token.
Telos gives new TLOS tokens to all EOS owners included in the original EOS snapshot.
TLOS tokens will be distributed 1:1 with EOS tokens, capped at 40,000 per address.
Block Producer accountability:
Telos enforces minimum requirements for all block producers.
Telos standby block producers must regularly prove their readiness by rotating into production for 6 hours every 5 days. This helps ensure network resiliency. It also gives each of the top 21 block producers 12 hours off per week to perform system maintenance.
Any block producer that fails to produce blocks in 30 minutes (180 blocks) is automatically replaced with a standby BP for 6 hours.
