Hello Steemians!

I hope you are doing fine in your respected life. I hope you are keeping your health in this pandemic as first priority. This is my homework post on Telos blockchain provided by our professor @pelon53. So let's get started.

Q1 What is your opinion about Telos Blockchain? What do you hope will happen to the Tlos token? Justify your answer.

Telos Blockchain, in my opinion, and based on research supplied by our lecturer, is a decentralized blockchain. The user has complete control over all settings in this blockchain. In this blockchain, he is a one-of-a-kind seller. The user can check transactions, set their own pricing, and keep track of his transactions in this way. The users of this blockchain, known as block Producers, have complete power. By "full control," I mean "complete control" over security and authentication. In 2018, this blockchain was launched. This blockchain aids in the detection of mistakes or flaws in other blockchains. This blockchain has the potential to push the envelope in terms of creating blocks in less time. It is built on top of EOSIO and EVM.
This blockchain has a lot of benefits and the ability to stay up with other blockchains. Let's have a look at some of the pros.

Some of the benefits of this blockchain are given below;

• In less than 0.5 seconds, our blockchain can generate blocks.

• The telos blockchain has a transaction rate of above 10,000 per second.

• This blockchain makes use of a platform to construct fast-moving applications, with transactions that are either free or low-cost.

My Hope/Opinion on the future of Tlos token:-

On coinmarketcap, the market price of this token is $0.7814, with a volume of $1967577. It has a rank of 269 on coinmarketplace, which is likewise quite low. This token is in its falling period, but in my opinion, it still has potential. Also, for investment purposes, there is a printable option. A long-term increase is projected, according to the prediction. This coin may be a good investment for people looking to put their money in for a period of two to three years.

Q2 Using the telos tracker block explorer, take a screenshot of the last irreversible block at the time of performing your task and detail the BP and the date.

As you can see in the above photo that I visited the Telos Tracker website to see the last irreversible block,and you can see in the ss that the last irreversible block num is 173481601

After that, I entered the block num in the above search box to gain more information about the block, which took me to this page where you can see the information of the last irreversible block such as ;

* Block Num : 173481601

* Date : 2021-09-14T20:43:11.500

* Block Producer : eostribeprod

* Producer Signature :

SIG_K1_KiLbe5pXKqwN2qNWRKSd3rHRemBtVpBvPzi7T3D3uGRLbrE2faEFrL5rrafkvMenH4u4iKzMPnRu4uLaJ6iGLGcPioFoB5

* nº of transactions : 0

Q3 Check in the 3 block explorers, the blocks: 15,007,389 and 171,790,000, show the BP and the date of those blocks. Screenshots required.

As the question demands use these three sites Telos Bloks, Telos EOSX, and Telos Tracker to explore the 15,007,389 and 171,790,000 blocks.So i searched these blocks all these sites.

For Block : 15,007,389

• Telos Bloks

as you can see in the above picture that i searched for the block 15,007,389 but it was not found.

• Telos EOSX

The same goes here i searched at the Eosx site for block 15,007,389 but was showing failed operation.

• Telos Tracker

When I searched at the telos bloks, the block producer was octagontelos and the block time was 17:56:52.500. and the date was 2019-03-10

For Block : 171,790,000

• Telos Bloks

In the above picture you can see that The block producer is teloskitchen and the Timestamp was sep-5-2021,06:30:15 AM BST

• Telos EOSX

In the above ss, you can see that the block producer is teloskitchen and the timestamp is: 2021-sep-05,06:30:15

• Telos Tracker

Here in the above picture, you can see that the block producer BP was teloskitchen and the block production time and the date were 2021-09-05 and 01:30:15.000.

Q4.- In the Telos swap demo platform, click here. Connect the wallet to Metamask. Then Transfer 20 Tlos to Fiat. And determine the gas you consumed. Then make the 100,000 Fiat to Soon transaction, and determine the gas consumed. Show the screenshots of the whole process that you ran. Was the gas consumption excessive in both cases? Explain?

Firstly as the professor asked in the question to go to the Telos Swap site, I visited this website. It's a demonstration platform. I connected my Metamask wallet and moved 20 tlos to fiat, followed by a procedure that resulted in 100,000 fiats being transferred to soon. So let's get started, I'll explain to you ss step by step with ss.

first, I visited this demo platform, and as you see in the picture that on the top right corner there is connect wallet option so I connected my wallet by clicking on it.

When you first click on that button it will ask you to connect your meta mask wallet.

it asked for my password as I already have a wallet. It unlocked after entering the password.

when the metamask wallet is unlocked it will show on the top right corner that it is connected.

When you click on "get testnet EVM TLOS " it will give you a successful message.
After that, you need to click Test Demoswap now which will get you to exchange.

now we will swap 20 TLOS to FIAT as the professor demanded in the question. So i entered 20 TLOS to FIAT by selecting clicking on the swap.

When you click on Swap it will again ask you for confirmation so click on the confirmation button to proceed.

After that, i will give some kind of receipt of the swap with the gas fee so click on the confirm. The gas fee i was charged was 0.10318

Now Flat to Soon :

Now as the professor asked I will swap 100000 Fiat too Soon. In the Fiat box, I entered 100000 FIat and for exchange, I chose SOON and then clicked on the Swap button.

Again it asked me for Confirm swap to transfer 100000 FIAT to SOON.So i clicked on it and it was successfully transfered.

The gas fee I was charged in this swap was 0.10296 TLOS.

Gas fee consumption:

No according to me the gas fee consumption in both cases was not excessive. In both the swaps or cases the gas fee consumption was reasonable.

Conclusion:-

I will conclude that the homework provided by our professor was a great overview and also a detailed explanation of telos blockchain. Through this homework post, we came to know about the blockchain that it is a decentralized blockchain. It has many different benefits. It gives complete control of security to the user and many other things are discussed in it.