Trading Card #8 - Telos Network discussed by EOS UK

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Telos Trading Cards

Cards & Tokens is going to be deployed over TELOS blockchain and celebrate it we decided to create a brand new album dedicated to promote this new blockchain the best way we can do it, with trading cards !!

Carshare by Telos UK

This two gentlemen have a youtube channel called Cardshare, title that comes from the format of the videos. They have a camera on their car and record themselves when driving while they discuss several topics around the crypto space. They have dedicated some of those videos to Telos network since they have become one of the block producer candidates for this new blockchain.
Below there's a summary of what they have discussed.

TELOS

• If you where an EOS holder by the genesis snapshot was taken and you hold your keys, you will get your TLOS Tokns capped at 40K.
• The decision to launch the blockchain or not is evaluated from time to time or voted upon. Basically the decision is based on the list of tasks that must be fulfilled and be completed before putting the blockchain into operation.
• The "J's" are gonna launch the chain:
  • Jeson from EOSBarcelona
  • Jesse from CalEOS
  • JT from Kainos
  • Jerry BlindBlocArt
  • two more people (unnamed) from TelosVancouver and EOSMetal

What does mean "Launch" and "Activation" ?

Once all the points in the launch list are finished (have a green check icon) the blockchain will be lauched but this does not mean the network is ready to use. In this state all settings will be performed along with the load of the genesis snapshot capped at 40k per account.
You may remember the EOS activation process consisted in having 15% of the total tokens voted for at least one block producer. In this new blockchain the activation will automatically after reaching the block 1 million.
Only after activation take place you will be able to unstake your TLOS tokens and after tree more days you will have a liquid balance to do whatever you want with your TLOS tokens.

Exchanges

For the moment we have at least four exchanges that will trade TLOS tokens (almost) as soon as the blockchain is activated. It is expected to have some days of delay because there will be some testing in production befor going live, but is expected to be as soon as possible after activation.
The exchanges are:

• ChainRift: https://www.chainrift.com/
• DEXEOS: https://dexeos.io/
• FINDEX: https://findex.pro/trade
• Swap.Online: https://swap.online/

SQRL Wallet

SQRL is the official wallet for TELOS. It is a fork of the greymass eos-voter excelent wallet that no only connects to the TELOS network but any eosio blockchain that you could have an endpoint (even local chains).
One of the key differences that highlights this wallet is to have full governance features, meaning voting for BP, delegating to a proxy voter, having worker proposals and ratify/amend.

Telos original Snapshot

At block 6 Million Telos will perform a new original Snapshot based on how many TLOS tokens. This new snapshot is going to be abailable (but no mandatory) for all new airdrops performed on Telos network. This way Telos is rewording the TLOS holders instead of rewarding only EOS holders. If you want to be included in that new snapshot you MUST interact with the blockchain at least once by any transaction you take (transfer, stake/unstake, vote, etc). If you don't do this before the snapshot is taken, you won't be included but you don't lose your TLOS tokens.

Inactive accounts prune

At block 63 Million there will be a prune of all the accounts that never made a single transaction on the blockchain. In this case if you don't interact with the blockchain within the first year your tokens will be taken away forever.

Find out more about this new aewsome blockchain at
https://telosfoundation.io/