TLOS (Telos Network) | Cryptocurrency In Singapore

What is Telos?
Telos is a networked ecosystem enabling visionary leaders and communities to work together to build a new global economy.

Telos is an alternative network based on the same EOSIO code that aims to solve the key problems of Eos.
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

Telos is a new network based on Eos. It offers many advantages over the Eos Mainnet.

For Developers

  • Proprietary DApps allowed
  • Lower cost DApp deployment
  • Fewer network pauses
  • Enhanced Security
  • Public testnet operated by BPs
  • Telos/Eos mainnet compatibility

For Token Holders

  • Meaningful voting for all
  • Higher equity per token
  • Developer focus builds value
  • Lower inflation
  • Pre-activation resolution of stolen tokens

For Block Producers

  • Equitable payout model
  • Equitable voting / Inverse Vote Weighting
  • Smart contract enforced block producer requirements
  • Scheduled windows for node maintenance

TELOS FOUNDATION PTE. LTD.

9 RAFFLES PLACE #05-02 REPUBLIC PLAZA SINGAPORE 048619

Official website
https://www.telosfoundation.io/

Resources
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About
Telos Net
Foundation
TLOS Explorer
Developers
Resources
Whitepaper

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Articles
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Telos to Use Blockchain for Food Assistance Platform

Interoperability Platform to Use Telos Tech for Cross-Chain Transactions

Telos Blockchain Gets Its Own Stable Coin, TLOSD

TLOS Token

TLOS is the name of the token that reflects ownership in the Telos network. A TLOS token is like an EOS token except that there will be around 3X fewer TLOS tokens than EOS.

Total supply: 355,208,371

The Telos(TLOS) coin/token has two primary functions on the network.

Firstly as a utility token representing ownership or ‘stake’ of the networks considerable compute power. The networks utility is provided by 50+ independently operated enterprise grade servers/nodes which keep an immutable consensus of transactions and data for the platforms, networks and economies built with Telos.

If an entity or individual was to own 1% of TLOS, they essentially have the right to utilize 1% of the networks capability at any given time.

The second primary function of TLOS is as a governance token. Any individual or entity controlling TLOS also is capable of proportionally influencing the direction of the network via changes to governance, choice of block producers(nodes) and selecting works proposals(initiatives).

For simplicities sake it might make sense to imagine Telos(TLOS) like digital land. Instead of being the platform for physical buildings such as offices, houses and hotels Telos(TLOS) is used as the platform for hosting digital web 3.0 entities and their digital structures in terms of smart contracts, tokens, transactions, records and digital items.

Just like with owning land or an apartment, users have proportional voting rights to influence the direction of the community/network.

New tokens will be generated to create the Telos Founders Rewards Pool (TFRP) to compensate the founders and the Telos Community Rewards Pool (TCRP) to compensate community members promoting Telos, and to fund the Telos Foundation – a promotional organization for funding work important to the Telos network outside the worker proposals system.

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