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Telos

TLOS Medium of Exchange Services Enterprise Solutions
$0.0236
-2.77% (24h)

Market Stats

Price
$0.0236
-2.77% (24h)
Market Cap
$10.7M
Volume (24h)
$427,971.92
Supply
451.03M TLOS
FDV
$11.06M

Shariah Analysis

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Last Screening: Q1 2024

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Trading Signals
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About Telos

Telos is a next-generation Delegated Proof of Stake (DPOS) Layer-1 blockchain network built to deliver unmatched scalability, affordability, and performance for Web3 developers and users. It offers a full suite of tools for seamless smart contract deployment through its high-performance Telos EVM, known for low, fixed gas fees, lightning-fast transaction speeds, and uninterrupted uptime. Supporting this is Telos Zero, the foundational layer focused on governance and block production, ensuring network security and decentralization via robust on-chain voting mechanisms. Telos is further expanding blockchain efficiency with SNARKtor, a protocol enabling decentralized recursive proof aggregation to boost zero-knowledge scalability. The ecosystem is supported by Telos X, a dedicated exchange developed through Binance Link to enhance liquidity and token accessibility. At the core of this ecosystem is the native TLOS token, used for transaction fees, staking, governance, and resource allocation, enabling a participatory and inclusive blockchain network. The Telos network maintains decentralization through its governance engine and incentivizes network participation via a reward mechanism backed by a community reserve.

Consensus Mechanism

Delegated Proof of Stake