{"id":5185,"date":"2022-03-05T22:11:52","date_gmt":"2022-03-05T22:11:52","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/telos-whitepaper\/"},"modified":"2022-03-05T22:11:53","modified_gmt":"2022-03-05T22:11:53","slug":"telos-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/telos-whitepaper\/","title":{"rendered":"Telos Whitepaper"},"content":{"rendered":"<div id=\"post-14308\">\n<div class=\"entry-content\" readability=\"63.862310385064\">\n<p>The Telos Project<\/p>\n<p>A sustainably decentralized EOSIO network<br \/>The Eos system offers an amazing promise of a new economy. Unfortunately, high centralization undermines this promise. Just 1.6% of Eos holders own 90% of the tokens. The token ownership, governance, and block producer selection are all compromised by the existence of massive \u201cwhale\u201d addresses that can push Eos in any direction they want without regard to the majority of token holders, developers, or even the overall health of the network.<\/p>\n<p>Telos is an alternative network based on the same EOSIO code that aims to solve the key problems of Eos.<\/p>\n<p>The Telos network offers:<br \/>1. Economic decentralization \u2013 No whale addresses<br \/>2. Equitable pay structure for block producers and standbys 3. DApp developer-friendly with proprietary DApps and lower cost deployment 4. Additional token holder protection and pre-activation resolution of stolen tokens \u201cThe EOS dream will not come true until it fixes its centralization problems.\u201d \u2013 Juan M. Villaverde, Weiss ratings<\/p>\n<p>The Telos Blockchain<br \/>Telos forks EOSIO code into a new blockchain and updates the following elements: \u2022 Remove the extreme economic power of a small number of \u201cwhales\u201d by capping the value of every address in the genesis snapshot at 40,000 Telos (TLOS) tokens.<\/p>\n<p>o Eliminates whales\u2019 control of block producer selection and token holder voting.<\/p>\n<p>o Exchanges will be given a process for petitioning to have TLOS tokens created for their EOS owners at the time of the snapshot, provided that they agree to list TLOS and distribute tokens, capped at 40,000 per account holder.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2019\/10\/telos_white_paper_english.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">telos white paper<br \/><\/a><\/p>\n<p><strong>Buy this token on Binance with our <a href=\"https:\/\/www.binance.com\/en\/register?ref=Z77JMMWN\">referral link<\/a> &#038; get a 10% discount on your trading fees!<\/strong><\/p>\n<p><a href=\"https:\/\/www.binance.com\/en\/register?ref=Z77JMMWN\"><img loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter size-medium wp-image-20207\" src=\"\" data-src=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/binance-300x169.png\" alt=\"\" width=\"300\" height=\"169\" data-srcset=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/binance-300x169.png 300w, https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/binance-1024x576.png 1024w, https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/binance-768x432.png 768w, https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/binance-1536x864.png 1536w, https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/binance.png 1600w\" data-sizes=\"(max-width: 300px) 100vw, 300px\"><\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Telos Project A sustainably decentralized EOSIO networkThe Eos system offers an amazing promise of a new economy. Unfortunately, high centralization undermines this promise. Just 1.6% of Eos holders own 90% of the tokens. The token ownership, governance, and block producer selection are all compromised by the existence of massive \u201cwhale\u201d addresses that can push [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5186,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=5185"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5185\/revisions"}],"predecessor-version":[{"id":5187,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5185\/revisions\/5187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media\/5186"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=5185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=5185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=5185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}