Introduction to Telos
This lesson introduces Telos, a new generation blockchain launched in 2018. Telos did not conduct an ICO and is committed to achieving fair token distribution and decentralized governance. The course covers Telos's core principles, including its mission to enhance blockchain accessibility and utility. In addition, it explores in detail Telos's community-driven approach and the core team behind the project.
overview
Telos is a next-generation blockchain that was launched in 2018 without an initial coin offering (ICO). Unlike many blockchain projects that raise funds through large venture capital funds or public ICOs, Telos has chosen a different path. The project aims to provide a fair distribution of TLOS native tokens, avoiding the centralization issues that arise in other blockchain networks. This approach not only embodies the decentralized spirit advocated by blockchain technology, but also ensures that the network is not dominated by large-scale "whale investors".
The distribution of TLOS tokens is achieved by taking a genesis snapshot of the EOS network and limits the number of tokens per wallet to 40,000 TLOS. This strategy is designed to prevent excessive concentration of wealth and influence, which is a common concern in many blockchain communities. As a result, only about 5.2% of the total supply was allocated to about 150 contributors who helped build and launch the network. This broad distribution model helps facilitate a community-driven development process, ensuring that no single entity has undue control over the network.
Mission and Vision
Telos is committed to improving the ease of use and usability of blockchain technology through its high-performance network. Telos' mission is to provide a robust infrastructure capable of supporting the needs of modern decentralized applications (dApps). By focusing on scalability, speed, and user governance, Telos solves some of the key challenges faced by early blockchain systems.
In addition, Telos attaches great importance to decentralized governance. The network aims to empower its users and token holders with the ability to directly participate in the decision-making process through a democratic voting system. This model allows the community to be more involved in the platform's development, ensuring that changes and upgrades to the network reflect the collective will of its stakeholders.
In summary, Telos stands out for its fair resource allocation, high network performance, and governance model closely tied to decentralization and community involvement principles. These foundational aspects aim to make Telos not just a technological innovation, but a platform that democratizes blockchain technology and creates a fair and prosperous ecosystem for its users.
Team & Founder
The Telos team is made up of experienced leaders and developers who are committed to advancing blockchain technology and fostering community engagement. Key team members include:
Jesse Schulman (Chief Technology Officer):He has more than 10 years of experience in enterprise software and is proficient in Web3 engineering.
Lee Erswell (CEO):Swapsicle is the founder who deeply cultivates the DeFi field.
John Lilic (Executive Director):Former member of ConsenSys, focusing on the construction of the Ethereum ecosystem.
Justin Giudici (Strategic Director):Responsible for supervising strategic initiatives.
Raul A. Quirante (Chief Marketing Officer):Experienced digital marketing expert with extensive experience in cryptocurrency and Web3.
Telos Foundation
The Telos Foundation is a key organization in the Telos ecosystem dedicated to supporting the growth and development of the Telos blockchain. The Foundation's goal is to help individuals and organizations pursue their passions without the bureaucracy often associated with traditional charity and nonprofit activities. The Foundation aims to foster the adoption of the Telos blockchain by providing the resources, support, and infrastructure needed by projects and individuals. Its efforts are focused on creating a more accessible and decentralized blockchain environment.
The Telos Foundation has established a partnership with strategic partners to enhance the capabilities of blockchain and strengthen integration with other platforms. One important partner is the Web3 incubator Atka in Paris, which helps connect Telos with the European Ethereum ecosystem. The foundation supports various blockchain projects through targeted funding and financial sponsorship, helping them thrive without cumbersome administrative management.
The Foundation also focuses on community building, providing educational resources and support to increase engagement and community involvement. The Foundation adopts a decentralized governance model that empowers the Telos community to participate in decision-making through a democratic process. This structure ensures that the development and strategic direction of the Telos blockchain reflects the collective will of all stakeholders.
Historical Context
Since its launch in 2018, Telos has been committed to providing decentralized and scalable blockchain solutions. Telos has taken a unique approach by not raising funds through ICO, but instead choosing a fair token distribution method, including using snapshots of the EOS network to prevent token concentration in the hands of a few large investors. The purpose of this approach is to ensure widespread and fair distribution of the token.
Telos has been at the forefront of blockchain innovation in recent years. In late 2021, Telos launched the first dedicated Ethereum Virtual Machine (tEVM), a significant technical advancement that leverages the fast finality and node architecture of the Telos Zero chain. This enables applications based on Solidity to seamlessly integrate with Telos' native C++ framework. Telos places great importance on decentralized governance and community involvement, with its governance structure allowing token holders to actively participate in the decision-making process and influence the platform's development and direction through democratic voting mechanisms.
Upgrades such as Telos EVM 1.5 mark the continued evolution of the Telos technology stack, with a focus on scalability, performance enhancements, and the expansion of developer tools. A commitment to technological excellence keeps Telos competitive and able to meet the needs of a wide range of applications. Telos actively pursues and has established numerous partnerships to enhance the capabilities and impact of its ecosystem. These collaborations span all areas of the blockchain and tech industries, cementing Telos' position as a versatile and powerful platform.
Introduction to Telos
This lesson introduces Telos, a new generation blockchain launched in 2018. Telos did not conduct an ICO and is committed to achieving fair token distribution and decentralized governance. The course covers Telos's core principles, including its mission to enhance blockchain accessibility and utility. In addition, it explores in detail Telos's community-driven approach and the core team behind the project.
overview
Telos is a next-generation blockchain that was launched in 2018 without an initial coin offering (ICO). Unlike many blockchain projects that raise funds through large venture capital funds or public ICOs, Telos has chosen a different path. The project aims to provide a fair distribution of TLOS native tokens, avoiding the centralization issues that arise in other blockchain networks. This approach not only embodies the decentralized spirit advocated by blockchain technology, but also ensures that the network is not dominated by large-scale "whale investors".
The distribution of TLOS tokens is achieved by taking a genesis snapshot of the EOS network and limits the number of tokens per wallet to 40,000 TLOS. This strategy is designed to prevent excessive concentration of wealth and influence, which is a common concern in many blockchain communities. As a result, only about 5.2% of the total supply was allocated to about 150 contributors who helped build and launch the network. This broad distribution model helps facilitate a community-driven development process, ensuring that no single entity has undue control over the network.
Mission and Vision
Telos is committed to improving the ease of use and usability of blockchain technology through its high-performance network. Telos' mission is to provide a robust infrastructure capable of supporting the needs of modern decentralized applications (dApps). By focusing on scalability, speed, and user governance, Telos solves some of the key challenges faced by early blockchain systems.
In addition, Telos attaches great importance to decentralized governance. The network aims to empower its users and token holders with the ability to directly participate in the decision-making process through a democratic voting system. This model allows the community to be more involved in the platform's development, ensuring that changes and upgrades to the network reflect the collective will of its stakeholders.
In summary, Telos stands out for its fair resource allocation, high network performance, and governance model closely tied to decentralization and community involvement principles. These foundational aspects aim to make Telos not just a technological innovation, but a platform that democratizes blockchain technology and creates a fair and prosperous ecosystem for its users.
Team & Founder
The Telos team is made up of experienced leaders and developers who are committed to advancing blockchain technology and fostering community engagement. Key team members include:
Jesse Schulman (Chief Technology Officer):He has more than 10 years of experience in enterprise software and is proficient in Web3 engineering.
Lee Erswell (CEO):Swapsicle is the founder who deeply cultivates the DeFi field.
John Lilic (Executive Director):Former member of ConsenSys, focusing on the construction of the Ethereum ecosystem.
Justin Giudici (Strategic Director):Responsible for supervising strategic initiatives.
Raul A. Quirante (Chief Marketing Officer):Experienced digital marketing expert with extensive experience in cryptocurrency and Web3.
Telos Foundation
The Telos Foundation is a key organization in the Telos ecosystem dedicated to supporting the growth and development of the Telos blockchain. The Foundation's goal is to help individuals and organizations pursue their passions without the bureaucracy often associated with traditional charity and nonprofit activities. The Foundation aims to foster the adoption of the Telos blockchain by providing the resources, support, and infrastructure needed by projects and individuals. Its efforts are focused on creating a more accessible and decentralized blockchain environment.
The Telos Foundation has established a partnership with strategic partners to enhance the capabilities of blockchain and strengthen integration with other platforms. One important partner is the Web3 incubator Atka in Paris, which helps connect Telos with the European Ethereum ecosystem. The foundation supports various blockchain projects through targeted funding and financial sponsorship, helping them thrive without cumbersome administrative management.
The Foundation also focuses on community building, providing educational resources and support to increase engagement and community involvement. The Foundation adopts a decentralized governance model that empowers the Telos community to participate in decision-making through a democratic process. This structure ensures that the development and strategic direction of the Telos blockchain reflects the collective will of all stakeholders.
Historical Context
Since its launch in 2018, Telos has been committed to providing decentralized and scalable blockchain solutions. Telos has taken a unique approach by not raising funds through ICO, but instead choosing a fair token distribution method, including using snapshots of the EOS network to prevent token concentration in the hands of a few large investors. The purpose of this approach is to ensure widespread and fair distribution of the token.
Telos has been at the forefront of blockchain innovation in recent years. In late 2021, Telos launched the first dedicated Ethereum Virtual Machine (tEVM), a significant technical advancement that leverages the fast finality and node architecture of the Telos Zero chain. This enables applications based on Solidity to seamlessly integrate with Telos' native C++ framework. Telos places great importance on decentralized governance and community involvement, with its governance structure allowing token holders to actively participate in the decision-making process and influence the platform's development and direction through democratic voting mechanisms.
Upgrades such as Telos EVM 1.5 mark the continued evolution of the Telos technology stack, with a focus on scalability, performance enhancements, and the expansion of developer tools. A commitment to technological excellence keeps Telos competitive and able to meet the needs of a wide range of applications. Telos actively pursues and has established numerous partnerships to enhance the capabilities and impact of its ecosystem. These collaborations span all areas of the blockchain and tech industries, cementing Telos' position as a versatile and powerful platform.