TELOS Is Ready For Launch!: 3 Amazing Things About It

in #telos5 years ago

TELOS is ready for LAUNCH!.png

This is Telos

Today, at 17:00 UTC, the block producers (interim) met in a video call to analyze if the TELOS main network met all the technical requirements to be launched. EOS Venezuela, along with other participants, voted yes, TELOS is ready, which opens a whole new chapter of expectations and innovation for the EOS.IO software.

This is how TELOS has entered the process of launching its mainnet, which will take a few days (possibly 48 hours).

While this is happening, we want to tell you some of the features that make TELOS a very interesting proposal:

1. More equitable distribution of its initial tokens:

This is intended to be achieved by having all the TELOS Initial accounts, created from an EOS snapshot, receive up to 40,000 TLOS, preventingthat many tokens from accumulating in a few accounts.

2. Equal vote and vote incentive:

Based on the previous point, it will be more difficult - at least initially - to train whales that can determine who are BP's only with their vote, in addition, TELOS proposes the incentive to vote for at least 30 candidates, making your vote worth more while You have voted for more of them.

Simple: If you vote less, your vote less. If you vote more, your vote is worth more.

3. Lower Cost DApp Deployment:

The Telos network will manage RAM requirements in a way that scales with actual usage. This will limit early RAM hoarding and keep the cost of deploying DApps more affordable.

A different way


As you can see, TELOS promises to generate many advances in the field of on-chain governance, which will allow experimenting with new ways to achieve decentralization.

That is why EOS Venezuela is present and willing to continue contributing to the dissemination and adoption of Blockchain technologies based on DPoS and EOS.IO software in Venezuela and Latin America, with the aim of achieving a real impact in our societies.

If you want to know more about our plan, click here.

Let the blockchain build our future!

Please consider vote for EOSvenezuela as Block Producers in the TELOS chain


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