Understanding Telos Blockchain by menoski

hive-167922 · @menoski · Jan 14 '22

$10.06

Understanding Telos Blockchain

Hello everyone, hope you all are doing good? This is an exciting article, which promises to be informative and also educative, do well to read through, as you will definitely gain 1 or 2 useful information from this article.

___

<center>![telos-cryptoninjas.jpg](https://files.peakd.com/file/peakd-hive/menoski/48SNFJ6S6puydgwF9JLF3VAhuPvDY9LWQ3WFfbwao6JYpFXBRiBmQDCufig7PLkwvb.jpg)</center>

<center>[Source](https://www.cryptoninjas.net/2020/12/31/telos-launches-conditional-nft-protocol-allowing-crypto-projects-to-unlock-liquidity/)</center>
___

My personal opinion about Telos Blockchain, is that, it will surely take over the world of cryptocurrency, in coming years. Why would I say that? It is currently one of the most scalable blockchain in the world, it charges very low fees and it has a lightning fast transaction speed. A gem like this will surely take over other blockchains, such as Bitcoin, Ethereum and others, that is suffering from scalability, which results to high transaction charges and slow transaction speed. Telos blockchain is the blockchain for the future.

This amazing blockchain was launched almost three years ago, December 2018. In just less than three years, it has been able to put itself in a recognizable place in the crypto world. Many people believe Telos blockchain is what the crypto world has been waiting for, because of it's unique feature, it might lead to the mass adoption of cryptocurrency. We notice a great increase in the volume of people in Telos blockchain, when it integrated into DeFi ecosystem.

___

Telos blockchain is a third generation blockchain, as it's purpose of existence is improve on the shortcomings of the blockchain already in existence, before it's launch, and that's why I believe it is truly the blockchain for the future. There are some unique features of Telos Blockchain which makes it the best blockchain for me and I will like to share with you all, and they are;

+ Scalability
+ Transaction Cost
+ Speed Of Transaction

___

+ **Scalability:** Telos blockchain is the currently the most scalable blockchain in the world. It generates new blocks every 0.5 seconds, that's totally insane. Steemit which quite very scalable, takes 3 seconds to generate new block. Bitcoin and Ethereum on the other hand, takes 10 minutes and 15 seconds, respectively. Telos blockchain has the capacity and capability to take cryptocurrency mainstream, because of it's level of scalability.

___

+ **Transaction Cost:** It's transaction cost when compared to other blockchain is quite low for now. Alright, you may ask why I said for now. The reason why I said so, is that, the native currency of the Telos Blockchain, **TLOS**, is quite low in price now, but in future it will definitely increase in price and the cost of transaction will also increase alongside. Judging by it's cost of transaction currently, it is one of the lowest as compared with other blockchains in the DeFi ecosystem.

___

+ **Speed Of Transaction:** Telos blockchain has the fastest speed of transaction in the world currently. Can you imagine a blockchain capable of processing over 10,000 transactions per second? That's seems impossible, right? Well, not for Telos Blockchain, as the blockchain is capable of processing more than 10,000 transactions per second and they(devs of the Telos) believe the chain will be capable of processing even more transactions than it currently is, in the future.
___

The Telos Blockchain marvels me with it's incredible usability, scalability, speed and low transaction fees. This blockchain will take the world by surprise soon enough.

___

<center>![FB_IMG_1614668216834.jpg](https://files.peakd.com/file/peakd-hive/menoski/48HeGVSWFAK9zoYXmnDeQhpTTqoSvLgn1nLxYe5MMzskSF22ByB6mzP8UvnqoT7FGw.jpg)</center>

<center>[Source](https://hive.blog/hive-167922/@markosky01/about-telos-blockchain)</center>
___

<center><h4>What do you hope will happen to the Tlos token?</h4></center>

___

Telos Blockchain native token is called **TLOS**. I **believe** the TLOS will be more valuable than BNB in the nearest future. Please note, this is not a financial advice, this is my thought about the future of TLOS token and nothing more.

Just this month alone, TLOS noticed a whopping 500% increment in it's price, from $0.2 to $1 and I believe, this is only just the beginning for the amazing journey of this superb token.

The token has superb use cases which will make the token even more valuable in the future. Below are some of the use cases of this amazing token and they are;

___

+ It is used to pay for transaction fees for transactions carried out on the chain.

+ Possession of a huge sum of the tokens, grants you access to the governance of the blockchain, such as, having more vote power to vote for witnesses, make suggestions and even approve or disapprove proposals from the devs of the chain.

+ Users can earn interest through lending of their tokens and more use cases.

___

As you can see already, they are good use case of the token already and I strongly believe, there will be more and more lucrative use case for this token in the nearest future, and that will influence the price of the token positively.

Currently, the TLOS token is worth about $0.84, as at the moment of me writing this article. The token is currently ranked number 266, with a market capital of over $227 million. It rose to it's all time high on September 10, 2021(9 days ago) which was $1.02. It fell to it's all time low on December 5, 2021(9 months ago), which was $0.009753. TLOS token has no maximum supply yet, as it has not yet been disclosed to the general public. It has a total supply of 355,208,371 TLOS and circulating supply of 270,123,444 TLOS.

___

<center>![1.1.jpg](https://files.peakd.com/file/peakd-hive/menoski/23tSz3RGdvoHv8B9Mn3yqaGbJ6kzszwaV8AaUBWZiuAYcG5ffyDMQKc5yE8d4NiQFtHcD.jpg)</center>

___

I know most people will already be asking the question, where can I buy this token already, having read the article so far till this extent. Don't worry, I gat you. You can get this token on Kucoin Exchange, Gate.io Exchange, PancakeSwap, 1inch Exchange, UniSwap, Probit Global Exchange and Newdex Exchange. The token is not yet listed on Binance and Coinbase yet, and the price is still at this rate, once it does, expect a huge increase in price of the token.

___

<center>![2.1.jpg](https://files.peakd.com/file/peakd-hive/menoski/Eo2BRcX73gXabkKurdnpHrBqXS37RCkutTMmhkfmWYx2uUfXTtxo1KHFiCY3fuQejA9.jpg)</center>

___

*Disclaimer: This is not a financial advice, kindly do your own research before investing in any token. This is an educative and informative article and not a financial article*

<center><h4>Thanks For Reading</h4></center>

</div>

👍 ph-support, nathanmars, project.hope, crypto.piotr, zuerich, taskmaster4450le, karamyog, quochuy, steemitcentral, planetauto, majes.tytyty, samminator, culgin, merlin7, lbi-token, onealfa, ecoinstats, lennyblogs00, menoski, josevas217, help.venezuela, creativeblue, adambarratt, gohive, thetimetravelerz, uwelang, pundito, wilhb81, jacuzzi, dinglehopper, oldtimer, carrieallen, eric818, hykss.leo, lebey1, iptrucs, akdx, sawcraz.art, ctime, valchiz, janettyanez, kristall97, ew-and-patterns, franyeligonzalez, defi.campus, doifeellucky, dknkyz, eliel, adesojisouljay, benie111, r0nd0n, jagged, great-a, syedumair, mariusfebruary, reverseacid, minerthreat, lnakuma, mccoy02, karupanocitizen, khan.dayyanz, successforall, alokkumar121.leo, francis.melville, and 107 others

`author`	menoski
`permlink`	understanding-telos-blockchain
`category`	hive-167922
`json_metadata`	{"app":"peakd/2021.12.1","format":"markdown","tags":["leofinance","business","proofofbrain","piotr","neoxian","palnet","trading","blog","creativecoin","cryptocurrency"],"users":["markosky01"],"image":["https://files.peakd.com/file/peakd-hive/menoski/48SNFJ6S6puydgwF9JLF3VAhuPvDY9LWQ3WFfbwao6JYpFXBRiBmQDCufig7PLkwvb.jpg","https://files.peakd.com/file/peakd-hive/menoski/48HeGVSWFAK9zoYXmnDeQhpTTqoSvLgn1nLxYe5MMzskSF22ByB6mzP8UvnqoT7FGw.jpg","https://files.peakd.com/file/peakd-hive/menoski/23tSz3RGdvoHv8B9Mn3yqaGbJ6kzszwaV8AaUBWZiuAYcG5ffyDMQKc5yE8d4NiQFtHcD.jpg","https://files.peakd.com/file/peakd-hive/menoski/Eo2BRcX73gXabkKurdnpHrBqXS37RCkutTMmhkfmWYx2uUfXTtxo1KHFiCY3fuQejA9.jpg"]}
`created`	2022-01-14 14:15:12
`last_update`	2022-01-14 14:15:12
`depth`	0
`children`	3
`last_payout`	2022-01-21 14:15:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	5.079 HBD
`curator_payout_value`	4.980 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	6,820
`author_reputation`	95,229,595,773,648
`root_title`	"Understanding Telos Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	109,481,378
`net_rshares`	6,700,753,952,705
`author_curate_reward`	""

properties (23)vote details (171)

voter	rshares	pct
onealfa	55,979,979,464	5.25%
leprechaun	1,055,354,330	50%
webdeals	1,996,100,254	10.5%
velourex	1,899,686,488	16.65%
oldtimer	19,391,181,501	51%
uwelang	32,891,262,543	3.15%
r0nd0n	9,682,079,433	7.87%
successforall	6,317,868,733	5.25%
lastminuteman	3,401,056,639	39.75%
gbenga	1,123,865,592	53%
l337m45732	551,195,473	2.1%
eric818	18,079,113,103	100%
eliel	11,533,249,796	5%
jagged	9,283,639,628	26.5%
scooter77	3,096,483,584	3.15%
samminator	117,834,991,117	53%
ew-and-patterns	13,215,813,759	5%
adambarratt	43,068,888,024	20%
shebe	515,549,795	8%
nathanmars	1,018,474,977,269	13%
francis.melville	5,838,224,794	10.5%
qsyal	5,586,274,644	13.25%
syedumair	8,678,793,928	5.3%
valchiz	13,697,876,678	26.5%
devcoin	1,106,962,530	53%
carrieallen	18,777,853,184	15.9%
sawcraz.art	14,059,898,253	53%
takeru255	1,130,089,907	53%
majes.tytyty	144,206,217,616	30%
gotgame	2,379,777,338	53%
rodent	3,986,655,505	18%
dinglehopper	19,472,441,570	26.5%
thetimetravelerz	35,787,302,251	53%
doifeellucky	11,915,806,326	100%
planetauto	152,526,818,655	100%
cjsean	860,921,705	18.54%
alvinauh	2,075,110,501	26.5%
mtl1979	1,128,547,616	26.5%
dashroom	1,482,669,315	80%
not-a-bird	4,908,399,938	20%
hendersonp	3,319,271,390	26.5%
iptrucs	14,445,630,569	25%
tolustx	1,035,359,245	13.25%
fortunex	4,963,857,212	26.5%
phgnomo	3,520,380,351	13.25%
benie111	10,729,809,112	53%
sholly1	2,506,785,016	53%
not-a-gamer	506,791,032	40%
legoman	5,826,244,524	53%
adesojisouljay	11,443,305,211	26.5%
culgin	82,502,793,283	100%
trabajosdelsiglo	2,738,822,195	13.25%
wilhb81	24,781,704,253	13.25%
lanzjoseg	4,585,214,094	3.31%
gabyrutigliano	1,301,256,010	53%
anderssinho	1,855,615,237	25%
pundito	29,230,440,071	13.25%
allyson19	3,847,790,442	21.2%
victorialanz	2,021,005,845	42.4%
steempampanga	1,802,263,529	26.5%
yurilaya	3,733,059,216	26.5%
joelagbo	2,518,428,141	37.09%
yohan2on	2,473,037,038	13.25%
zoniacb	4,286,076,649	53%
josevas217	49,512,709,256	13.25%
karupanocitizen	6,856,730,216	13.25%
franyeligonzalez	12,714,967,177	26.5%
machnbirdsparo	2,774,744,165	13.25%
quochuy	177,555,480,147	5.53%
mariusfebruary	8,518,506,029	26.5%
menoski	49,817,289,016	100%
ritxi	4,111,959,100	100%
crypto.piotr	624,019,450,413	53%
minerthreat	7,486,975,519	26.5%
akdx	14,319,848,324	13.25%
khiabels	2,995,802,876	23.85%
truthtrader	957,815,055	26.5%
tysler	3,906,527,183	50.35%
vietthuy	809,890,188	50%
drawing4life	778,230,580	53%
foxicoreviews	658,365,144	42.4%
karamyog	220,434,718,834	53%
shortsegments	4,267,589,722	2.65%
cyberspacegod	1,250,592,859	100%
zuerich	532,414,356,744	10%
lebey1	16,524,602,673	26.5%
quatro	1,491,174,059	21.2%
indianapatt	1,143,310,710	53%
rakison2	572,255,780	26.5%
erica005	3,998,719,291	31.8%
cubapl	2,641,345,128	26.5%
london65	2,629,178,583	23.85%
steemitcentral	164,575,945,184	70%
perazart	1,845,561,623	53%
anira.art	1,850,705,792	53%
ecoinstats	55,618,388,652	20%
creativeblue	47,046,764,992	53%
merlin7	65,870,317,621	26.5%
janettyanez	13,579,814,525	15.9%
reverseacid	8,307,808,163	53%
kristall97	13,393,657,679	6.5%
pablo1601	4,389,304,213	6.62%
veronik28dic	1,074,217,242	53%
edgarare1	1,805,095,093	53%
khan.dayyanz	6,530,134,935	5%
jacuzzi	19,761,508,258	5%
mintymile	1,298,878,796	50%
kaux	619,373,905	53%
esclavos75	1,130,683,884	6.62%
blackbird24	741,550,160	53%
ctime	13,826,916,125	2.5%
cabalen	660,699,417	18.54%
jadung	1,686,903,399	26.5%
help.venezuela	47,112,153,287	30%
rappler	697,259,091	13.25%
theithei	1,064,253,240	21.2%
dknkyz	11,895,536,713	40%
blockchainfo	533,431,409	100%
contrabourdon	640,554,739	5.25%
helgalubevi	1,064,577,086	15%
rollingbones	61,346,375	16.64%
tinster	782,437,830	26.5%
glstech	1,245,487,191	26.5%
roadofrich	876,186,426	100%
abh12345.leo	2,018,671,244	75%
leovoter	240,716,086	7.87%
mindtrap-leo	1,234,070,644	51%
onealfa.leo	2,924,975,955	10.5%
capp	4,854,140,380	100%
taskmaster4450le	349,180,866,530	20%
project.hope	708,444,493,596	53%
revise.leo	3,355,264,765	100%
ph-fund	1,273,765,196	53%
lnakuma	7,210,602,035	20%
anahid	579,712,356	13.25%
defi.campus	12,067,397,998	50%
ph-support	1,100,867,000,675	53%
talktofaith	721,060,545	100%
mandate	1,247,736,615	10%
gohive	42,255,749,444	100%
great-a	8,703,696,008	100%
eddie-earner	1,050,056,099	20%
dknkyz.leo	805,126,579	50%
psicologiaexpres	3,934,070,789	15.9%
lbi-token	59,918,133,787	20%
sharkleo	652,483,797	10%
mccoy02	6,980,691,643	13.25%
potpourry	546,138,394	15.9%
cranium.leo	654,539,567	100%
hykss.leo	16,923,942,524	5.25%
zdigital222	196,262,865	89%
star.leo	1,541,259,804	51%
lennyblogs00	51,603,492,926	100%
alokkumar121.leo	6,170,288,446	100%
leoball	1,118,192,915	20%
meesterleo	1,182,945,474	75%
jlvillamizar	2,033,760,821	53%
onealfa.pob	905,274,656	16.65%
gimme-your-coinz	949,700,706	3.15%
take-my-coinz	601,471,865	5.25%
jocieprosza.leo	804,833,068	20%
foreverhero	645,891,434	100%
waivio.welcome	424,527,187	0.87%
waivio.com	274,131,338	0.87%
saboin.pob	59,373,581	16.64%
leo-curator	195,717,673	70%
pob-curator	356,985,359	50%
pal-curator	202,235,339	70%
neoxag-curator	390,939,574	50%
vyb-curator	142,241,839	70%
friendmoose.pob	584,816,324	16.65%

`author`	curation-cartel
`permlink`	re-understanding-telos-blockchain-20220115t002228z
`category`	hive-167922
`json_metadata`	"{"app": "beem/0.24.26"}"
`created`	2022-01-15 00:22:27
`last_update`	2022-01-15 00:22:27
`depth`	1
`children`	0
`last_payout`	2022-01-22 00:22:27
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	766
`author_reputation`	1,123,281,846,602
`root_title`	"Understanding Telos Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	109,495,555
`net_rshares`	0

`author`	pizzabot
`permlink`	re-understanding-telos-blockchain-20220115t002356z
`category`	hive-167922
`json_metadata`	"{"app": "beem/0.24.26"}"
`created`	2022-01-15 00:23:57
`last_update`	2022-01-15 00:23:57
`depth`	1
`children`	0
`last_payout`	2022-01-22 00:23:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	201
`author_reputation`	6,158,205,626,770
`root_title`	"Understanding Telos Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	109,495,577
`net_rshares`	0

`author`	sketchygamerguy
`permlink`	re-menoski-3ygpxs
`category`	hive-167922
`json_metadata`	{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@sketchygamerguy/re-menoski-3ygpxs"}
`created`	2022-01-15 00:01:48
`last_update`	2022-01-15 00:01:48
`depth`	1
`children`	0
`last_payout`	2022-01-22 00:01:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	105
`author_reputation`	8,462,155,613,386
`root_title`	"Understanding Telos Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	109,495,232
`net_rshares`	0