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Telos Blockchain is Revolutionizing the Industry: Yet its Undervalued

3y ago
bullish:

7

bearish:

2

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Throughout human history, we have always only seen value where we believe that value should be. This has never changed, even in today's present world. We tend to flow with what most people think is valuable, and most times, we never stop to think it through.

This is the exact same thing happening in the blockchain industry with Telos blockchain. Since its launch in 2018, it has been disrupting and revolutionizing the industry, yet it appears the project is undervalued. In this article, we will point out why we believe the Telos network is grossly undervalued. First, let us have a basic understanding of what Telos is all about.

What is Telos Blockchain, and what does it do?

Telos is a blockchain protocol that started in 2018 as a grassroots project, launched without an initial coin offering (ICO). The project is a decentralized chain that is run by more than 50 validators elected by TLOS holders. These validators operate and maintain the network; there, it is mainly community governed.

This blockchain is built on the eosio protocol. Today, it is the highest-ranked chain on Blocktivity based on most daily transactions. Telos is a public blockchain network designed to lead the mainstream adoption of blockchain. It is built for speed and scalability; therefore, it is the ideal network for mainstream adoption. The technology has created powerful tools to help developers ease their development cycles.

Today we already have Telos-based tokens, non-fungible tokens, and smart contracts already deployed in gaming, DeFi, and social media apps. 

Advantage Telos Blockchain Over Other Blockchain Networks

Certain things set the Telos network miles ahead of some of the notable blockchains we know today.

  • Advanced smart contract feature

Telos boasts of having the most advanced smart contract network obtainable in the industry today. To put things in perspective, there are very few blockchain networks that can match Telos in terms of speed and scalability. It is miles ahead of Ethereum, Polkadot, Cardano, and Tezos blockchains. It feels odd that the price of TLOS is yet to reach 50 cents while some of the "inferior" blockchains are doing double digits and thousands of dollars in the market.

  • Fast Transaction Time

The Telos network processes up to 10,000 transactions per second. That is roughly a 67000% increase of the Ethereum transaction per second (15 tps). Just a few days ago, the price of Ethereum surpassed $4,000, a new all-time high for ETH. On the other hand, TLOS has been oscillating between $0.1 and $0.3 within the same period. Considering the current price and advanced features of Telos, even a novice will acknowledge that it's hugely undervalued.

The Telos network is natively powered by C++ smart contract technology. This is the leading decentralized stack for high-performance decentralized applications (dApps).

  • Highly innovative projects

The Telos Ethereum Virtual Machine (EVM) is currently on testnet and will soon be launched on the mainnet. Upon launch, it will become the cheapest, fastest, and highest capacity EVM available. It will also become the only existing EVM with the capacity to prevent front-running. The Telos blockchain governance engine (Decide) is the most advanced in the blockchain space.

Why is Telos Undervalued?

Judging by the listed advantages of the Telos network over its competitors, there is every reason to question why TLOS is undervalued in the market. From all indications, the founding team needs to up their game in terms of PR for Telos. It is not just enough to have a great product; marketing such a product also plays a vital role. Telos has existed for more than two years, yet it hasn't been listed on any of the major exchanges like Binance, Coinbase; it is not even on Trustwallet. The team needs to do better in terms of promotion and marketing.

Closing Thoughts

Having a great product doesn't always guarantee that people will see its value. The Telos blockchain is an excellent example in this regard. However, it is only a matter of time for the story to turn around for good.

3y ago
bullish:

7

bearish:

2

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