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RE: Earn Telos by Asking AMA Questions to Telos White Paper Author & Co Founder Douglas Horn for an AMA here on Steem posted from Steempeak. We would like to point out the WPS funded Airdrop to top steem account.+Every Serious AMA question will get 1 TLOSP

in #steempeak4 years ago

Bitcoin is an amazing project with its own use cases. Telos is also an amazing project but with different use cases than Bitcoin.

Bitcoin is like a lumbering tank that can't be stopped, but only has a few real uses--mainly as money.

Telos on the other hand is very fast and it can carry a ton of transactions. So imagine a luxury car that can carry as much as a much as a delivery truck and that's as fast as a race car that is taking directions on what to do by the passengers. That's more like Telos. It's more pleasant to use, it can do a LOT of work, it's super fast, and it's governed by the community far more than any other blockchain.

There are a lot of great use cases where Telos will shine. First, I think is in enabling every dapp to have great governance tuned exactly to its users' needs. Telos Decide governance tools make this possible beyond what any other blockchain offers. Telos is already being used for supply chain and provenance transparency and that will only grow. There will be carbon credits recording and trading soon on Telos thanks to its ideal integration with IoT devices like smart meters. Already proof of concepts and prototypes are running on Telos and they'll be expanded soon by real businesses.

So I thing there are a lot of great use cases where Telos will be better than any other chains, particularly Bitcoin--for these specific uses. That doesn't take anything away from the greatness of Bitcoin.

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