We the teloswriters has been writing series of articles on my blog on different topics about the telos blockchain and today I write this article to answer somee of the questions our readers has been asking us.

What is telos blockchain?
Telos is a 3rd generation smart-contract blockchain network that aims to usher in the Internet of Value via advanced governance tools and decentralized storage solutions. It was launched on December 12, 2018 and is regularly in the top 10 on blocktivity.info for its speed, efficiency, and operational use. It is currently home to 60+ applications

Who owns the Telos blockchain?
Telos is an open source project which means anyone can contribute; however, there are groups and governance structures in place that have been established by referendum passed by the Telos token holders.

The Telos Whitepaper was written in July 2018 by Douglas Horn. Since then the codebase has been maintained by a group called the Telos Core Devs, led by Douglas Horn, it consists of a decentralized group that respond to assigned tasks from the Core Dev lead and get paid for their work via the Telos Works funding pool. Any developer willing to contribute meaningfully to the code can join Telos Core Devs. Additionally, the Telos Blockchain is supported by block.one, the creators of the EOSIO software and their 100+ developer team.

The Telos Foundation was created by the Telos Launch Group and then funded by the Telos Community after launch to be advocates for the Telos blockchain. The board of seven helps with marketing, education, and promotion of the chain. It is structured as a legal entity and thus allows its members to sign agreements on behalf of the token holder community.

This means that the telos blockchain is not owned by any single entity but by the members of the telos blockchain community.

The function of the telos foundation is the marketing of telos, promotion and backup, which the telos core developers, block producers and users keeps the nerwork going.

This decenctralization of governance is a big prove how efficient the network could be to satisfy the demands of the blockchain and users. So telos blockchain the best blockchain to join if you wanna get started on blockchains and EOSIO

Where is ya reference?

“Telos Basics” by Telos Feed https://link.medium.com/QoxyE0NCx5

https://telosfoundation.io
https:///hellotelos
https://twitter.com/hellotelos

Join telos here
https://app.telos.net/accounts/add

Thanks very much for this information. I am a big fan of decentralized government system and I wish this could be applied in our country Nigeria.

Telos blokchain seems very unique.