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Telos is a fast and scalable L1 blockchain network that is widely adopted for various use cases including DeFi, gaming, social media apps, and more. With its 0.5s block times and 10,000+ TPS, Telos provides high performance and scalability. It hosts over 100 distinct applications (dApps) such as Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife. Additionally, Telos supports both Solidity EVM and Antelope C++ for smart contract development, making it the most performant version of the Ethereum Virtual Machine available.

Issue Time
1970/01/01
Initial Price
US $ 0.00975328
Circulation/Max
270.12M/420.00M
Dominance
0.00%
ROI+ 1,216.72%
$0.00975328$1.42870620
Low · 2020/12/052020/12/05 · High

Information

What Is Telos Network (TLOS) Crypto?

Launched in 2018, Telos has an impeccable five-year record of uninterrupted service. With the introduction of the tEVM in 2021 - the fastest Ethereum Virtual Machine - Telos has demonstrated its commitment to creating a network that focuses on the user experience at the forefront with features such as no front-running, low carbon footprint, and lightning-fast transaction speeds.

With the introduction of IBC across Antelope networks and upcoming Instant Finality updates, Telos is shifting its focus to becoming a premiere Layer Zero network. The network's impressive throughput allows for 15,200+ transactions per second, and 0.5 second block times, all while maintaining near-feeless operations.

Today, the Telos ecosystem boasts over 100 partners, 250 dApps, 1.2 million accounts, and a rapidly growing community. As Telos continues to propel the industrys transition to Web 3.0, it paves the way for the global adoption of decentralized solutions.

How Does Telos Network Work?

Telos Network (TLOS) is a next-gen DPOS Layer-1 blockchain network that deploys smart contracts on the world's fastest EVM. Founded in 2018, it has matured into a network capable of handling future world demands.

Telos boasts speed, processing up to 10,000 transactions per second, and a 0.5-second block time, achieved with 21 active validators and backup validators. It's also affordable, with a fixed and low gas fee price.

The Telos Network allows apps to stake TLOS on behalf of their users, eliminating transaction fees and providing a free and frictionless experience. TLOS, the native token, is used for governance and system resource allocations.

Telos is a decentralized computing network, global economy, and app ecosystem, offering fast, scalable dapps with feeless transactions. It provides governance features that empower organizations to shift influence and decision-making to a more collaborative and transparent model.

History of Telos Network and TLOS Coin

Telos is a third-generation blockchain platform designed for building fast, scalable distributed applications with feeless transactions. It was launched in December 2018 with no ICO or VC funding, allowing it to grow in a truly decentralized fashion.

Justin Guidici and Lliam Buckley co-founded the Telos network. Justin Guidici is the CEO of Telos Network and Telos Foundation. He heads the business marketing and operations for Telos. Lliam Buckley heads the Telos Culture, a division responsible for block production on the Telos blockchain. At Telos Culture, Lliam Buckley also looks after the media and PR operations to ensure Telos's brand presence in the blockchain world.

The Telos ecosystem has been paving the way to Web 3.0 since the mainnet went live in 2018. Telos is home to over 30 core developers, over 50 validator teams, and dozens of innovative products complemented by hundreds of active community contributors. The broader Telos community includes over 900,000 user accounts on the network, over 6,000 followers on Telegram groups and other social channels, and over 150 companies from over 180 countries.

According to the Telos Network roadmap, Telos has achieved several milestones, including the Telos EVM launch, the Telos Web Wallet 2.0 release, and the development of partnerships & exchanges. The Telos Foundation has significantly increased business development and partnership activities by adding additional full-time resources to the team.

Answers

Is Telos (TLOS) a Good Investment?

There are several reasons why Telos (TLOS) might be considered a good investment:

  • The Telos Network has shown significant growth in DeFi, GameFi, NFTs, community expansion, and developer outreach, which could attract more participants and investors.
  • The implementation of EVM 1.5 and the forthcoming trustless IBC bridge are expected to enhance Telos' accessibility and capabilities.
  • The Telos Decide Voter mobile app enables transparent and efficient decentralized governance, which can attract more users to the platform.

What Is Telos Price Prediction?

While we cannot offer an accurate TLOS price prediction, monitoring the following factors could provide better insight into the price action and volatility of Telos:

  • The level of adoption of Telos Network for various use cases, such as DeFi, gaming, NFTs, and cross-chain interoperability.
  • Future developments in the Telos ecosystem, including technological upgrades and partnership announcements by the Telos Foundation.
  • Efforts to add new exchanges and enhance liquidity and market access for TLOS tokens.

What Is TLOS Token Used For?

TLOS is the native token of the Telos Network and has the following use cases:

  • Value transfer within the Telos network for everyday transactions and interactions with dApps.
  • Execution and interaction with smart contracts and decentralized applications on the Telos platform.
  • Staking TLOS tokens for block validation, earning rewards, and participating in the governance of the Telos blockchain.
  • Trading TLOS on BYDFi and other platforms.
  • Various DeFi applications, in-game assets, NFTs, cross-chain interoperability, supply chain management, identity management, and decentralized insurance products.

How to Stake TLOS on Telos Network

You can stake TLOS on the Telos blockchain in two ways to earn rewards:

Stake TLOS Using Telos Explorer

  1. Fund your wallet by buying TLOS on BYDFi or other supported platforms and transferring your tokens to your wallet.
  2. Visit the Telos Explorer, connect your wallet to the dApp, and access the 'Manage Resources' page under 'Wallet' > 'Resources'.
  3. Stake a recommended amount of TLOS (between 0.1 and 0.5 TLOS) to each CPU and NET.
  4. Confirm the staking transaction from your wallet/signer.
  5. Access the Rex page under 'Wallet' > 'Rex' after staking CPU and NET.
  6. Enter the amount of liquid TLOS you want to lend to REX and click 'Lend'.
  7. Approve the transaction from your wallet/signer to complete the staking process.

Stake TLOS on Telos Web Wallet

  1. Visit your Telos Web Wallet and select the signer you are using (recommended wallet/signer: Anchor).
  2. Connect your signer to the Telos Web Wallet.
  3. Select 'Earn' from the main menu and enter the amount or percentage of TLOS tokens you want to stake to REX.
  4. Click 'Start Earning' and approve the transaction from your signer to complete the staking process.

Please note that there is a minimum unstaking period of 4 days after staking your TLOS to REX.

Who Are Telos Networks Partners?

Telos Network has partnered with renowned brands in the crypto space, including Fortis Network, Tangem, Zo World, CoinSender, IceCreamSwap, ChangeNOW, SideKick, SafePal, and GameStop.