TELOS NETWORK:

The TELOS Network is a Blockchain and a project built on the EOSIO Software. This Network is aimed at Enabling Visionary Leaders and communities from all over the World so as to build and promote a sustainable new Global digital economy. Experienced Developers and Freelancers are not an exception in this Network building. Users who are signing up on this network are expected to create a Telos account via the Desktop wallet or the Telos wallet for mobile users. TELOS blockchain has a local cryptocurrency called the TLOS available on Newdex and CoinGecko exchanges. Tangible ideas are being established on this network as they will benefit the Blockchain and Cryptocurrency space globally. With this efforts, A robust digitally powered economy is ensured for the future.
The following features are what you experience being a part of our Network

TELOS TRAIL (VOTE AS A SERVICE): This feature allows developers and freelancers to start building digital corporations at scale and this corporations are being governed. The new user interfaces are user-friendly and allows members to build corporations at any point in time.

WORK PROPOSALS: The Governing economies of the TELOS Network are powered by a concrete work system which gives professional developers and experienced freelancers of all skill sets to partake in the constant development of the Telos Project.

DISPUTE RESOLUTION: This function is a function that is optional for sub-platforms built on the TELOS Network. This function ensures key recovery and enforces the TELOS HUMAN READABLE CONTRACTS.

USE CASES OF TELOS:

ACCESSING A TRULY GLOBAL ECONOMY: Unlike what we get when we run transactions in banks, there are no intermediaries when we create digital assets and currencies on the TELOS Blockchain. There are billions of people worldwide who have access to this network.

BUILDING OF AUTONOMOUS CORPORATIONS: TELOS Network gives users who tend to be Visionary Leaders an opportunity to create Core and stable network effects which is done by building a improvised socially and incentive alligned network driven entities.

MOVING DIGITAL ASSETS INSTANTLY:
TELOS Network ensures instant moving of digital assets so you do not have to wait for 24 hours before your assets are being moved. Once your assets are created, you get to receive them and this takes a maximum of 0.5 seconds.

TLOS TOKEN AND CIRCULATION SUPPLY:
TLOS is the local token of the TELOS Blockchain. The token is used to stake and also rent application resources on the Blockchain. The TLOS token has a Circulating Supply of 355,208,371 TLOS and Max Supply of 224,883,669 TLOS.
Download the SQRL desktop wallet via https://sqrlwallet.io or download the Telos wallet for mobile on the App store or Google Playstore to create a TELOS account easily and also to start investing in TLOS tokens.

TELOS FOUNDATION
The TELOS Foundation is an independent organization which operates on behalf of the TELOS Network. Funded by the telos blockchain from genesis. The telos foundation promised to fund very good projects on the telos blockchain which applied for funding through the WPS but didn't get funded because it failed because of votes.

WHAT CAN BE FUNDED THROUGHT THE TELOS WORKER PROPOSAL SYSTEM?

On the telos proposal system there are virtually no rules or barriers to submitting a worker proposal beyond a refundable submission fee equal to 3% of the first cycle funding requested (minimum 50 TLOS) and writing a good and equitable proposal for the telos community.
The 3% fee gotten upon submission is refunded if the proposal receives at least 1% of votable tokens with at least 20% Yes votes.

The fee was established to reduce the network from being abused with multiple frivolous proposals.

Currently, anyone can pitch their ideas to the stakeholders and have those ideas voted on in a transparent, timely manner. Proposals are often discussed at length by stakeholders throughout the voting period. The best proposals give detailed and clear information, milestones and provide updates to stakeholders on progress and issues that arise.
Those not passing scrutiny are voted down. In order to pass, a proposal must receive a simple majority of votes with a minimum threshold of 5% of votable tokens.

Anyone can see the complete roster of proposals on The Teloscope’s Network Dashboard, https://chainspector.io which provides an easy to use interface that lists all the current worker proposals and their status.

Additionally, the Sqrl Wallet v1.0.6 and above provides detailed information on Worker Proposals as well as the best interface for not only submitting a proposal but also voting on them.

You can learn how to submit a Work Proposal using the Sqrl wallet with our guide. There are so many great EOSIO innovations coming through Telos.

The main feature of any blockchain is decentralization and the backbone of decentralization is the reliability and performance of it's validation process or consensus algorithm.
These four tolerant mechanisms, validates transactions by unifying manners or block producers positions. The earlier blockchains were based on the proof of work consensus (POW), and energy consuming and inefficient mechanism when miners compete against each other.
To address this draw backs, more efficient mechanisms establish a new mechanism called, proff of stake (POS), with this, Validation is performed by block producers who are assigned a work share, proportionate to their stakes. This mechanism leads to unequal payments amongst BPs.

Delegated proof is take (DPOS) is the algorithm adopted by the telos blockchain and in this case, transactions are validated by block producers chosen by the token holders, not because of it's stake. Every active block producer takes equal turns validating transactions and are all assigned, equal shares of the work. This guarantees a stable and energy efficient network. This consensus algorithm contributes to the superior performances of telos and well guaranteeing, equitable and fair payments of the block producers, incentivising task performance among them.

Learn more at https://telosnetwork.io