September 17, 2024

Telos' Journey: Laying the Foundation for the Next Growth Leap

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At Telos, we’ve been hard at work laying the foundation for a major evolution in blockchain technology. From assembling a ‘Gigabrain’ team of ZK researchers and developers to participating in industry-leading events, redefining our brand, and launching various user acquisition campaigns, we’ve been fully focused on creating something extraordinary. Now, we’re excited to finally share it with our community. But before we dive into what’s next, let’s take a moment to recap everything that has unfolded at Telos over the past few months.

Growing Our Development Powerhouse

Behind the scenes, our development team has been rapidly scaling. We've onboarded top talent, bringing in some of the brightest minds to work on two key technological fronts:

SNARKtor Protocol:

 Since the release of our SNARKtor whitepaper in February 2024, Telos has been focused on evolving the protocol into a scalable solution for Zero-Knowledge Proofs (zk-SNARKs). SNARKtor tackles blockchain scalability and data protection challenges by aggregating multiple zk-SNARK proofs into a single, efficient proof, reducing gas costs and improving verification speeds. Our proof-of-concept demo at EthCC showcased SNARKtor’s potential, and we've made significant progress since, including repository optimization, Docker integration, and on-chain user registration.

zkEVM: 

Our zkEVM Layer 2 solution is designed to deliver unparalleled speed, data protection, and cost-effectiveness to the Ethereum Virtual Machine (EVM). Looking ahead, SNARKtor will integrate with our zkEVM Layer 2 solution, further enhancing scalability for Ethereum-compatible applications. We're also exploring hardware acceleration to boost performance. With SNARKtor’s universal proof aggregation capabilities, Telos is set to redefine how blockchains manage scalability and privacy, benefiting developers and businesses across various industries.

These cutting-edge developments push the boundaries of what's possible on the blockchain, improving both user experience and developer capabilities.

Positioning Telos for Success: A New Brand, Global Campaigns, and Industry Leadership

While our development team has been laser-focused on SNARKtor and zkEVM, the marketing team has been equally busy, driving strategic initiatives to strengthen our brand and global presence. We've undergone a comprehensive rebrand, refining our image to better align with our vision and positioning within the blockchain ecosystem. Key initiatives include:

Redefining Our Identity: 

We've launched a new website, enhancing our brand image with a clear focus on product positioning and messaging across the Telos Foundation. Our goal is to improve both user and developer experience, ensuring the ecosystem is intuitive yet powerful.

User Acquisition Campaigns: 

We've built our own interactive quest platform and experience, Tekika. Tekika is an NTT/NFT project that guides you through narrative-driven quests. Completing these quests earns you experience points, rewards, and upgrades for your own Tekika. We've also introduced interactive initiatives on platforms like Galxe and Midle, designed to engage the community and drive adoption through challenges that promote exploration of our DeFi ecosystem.

Developer Campaigns in China: 

Through Hackquest, we've created opportunities for developers in the growing Asian market to engage with zk-related technologies, fostering global innovation in zkEVM and SNARKs.

Content Marketing: 

We've prioritized creating educational and engaging content around zero-knowledge proofs, significantly boosting community understanding and adoption. Our efforts have empowered both users and developers to fully realize the potential of zk technology. We’ve also highlighted major milestones, including partnerships with dApps joining our ecosystem, new exchange listings, and regular recaps to keep the community informed.

Global Event Participation: 

Our team has played a pivotal role in organizing and attending some of the most influential blockchain industry events. Notable highlights include Token 2049 Dubai, where John Lillic unveiled our hardware-accelerated zkEVM Layer 2 plans, as well as Eth Belgrade and EthCC, where Alberto presented SNARKtor’s groundbreaking Proof of Concept. Most recently, we showcased our innovations at Token 2049 Singapore. These high-profile events have not only demonstrated our technological advancements but have also strengthened key relationships with industry leaders—driving Telos forward into its next phase of growth.

Unveiling the Future: Key Updates and Announcements Powering Telos' Next Growth Leap

After months of intense preparation, we are excited to enter the next phase of our development. Starting this week, and over the coming weeks, we will reveal a series of major announcements aimed at increasing transparency and connecting our community with the groundbreaking technologies we've been working on. Here’s a glimpse of what’s on the horizon:

To wrap up this exciting series of announcements, we’ll be hosting a live Townhall, where the community can engage directly with our team, ask questions, and learn more about what lies ahead.

Join Us on the Journey Ahead

We’ve been working tirelessly across all fronts at Telos—business, marketing, and development—and it’s all thanks to our incredible community. We wouldn’t be here without your unwavering support, and we hear you loud and clear! Transparency is crucial, and we’re fully committed to sharing our journey with you as we continue to develop groundbreaking products. Stay tuned for exciting updates in the coming weeks as we lay the foundation for the next phase of Telos' evolution. By leveraging Zero-Knowledge technology, we’re not only scaling Web 3.0 but also enhancing data protection while maintaining compliance with regulatory standards. Together, we’re building the future—and we’re bringing it to everyone.

Disclaimer

The content provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always conduct your own research and consult with a professional before making any financial decisions. Cryptocurrency investments along with other asset classes can be volatile and can result in potential losses. Always use caution, practice due diligence, and never invest capital you cannot afford to lose. Remember to always maintain the security of your accounts, use strong passwords, enable two-factor authentication, and be wary of phishing attempts. Stay safe and invest responsibly.

About The Telos Foundation

Telos is a decentralized blockchain ecosystem that includes Telos EVM, which is tested as the fastest Ethereum Virtual Machine globally, and its high-speed consensus layer, Telos Zero. With its continued focus on helping push forward the global adoption of Zero Knowledge technology, Telos is also currently developing a hardware-accelerated Ethereum Layer 2 network powered by SNARKtor, with the goal of enhancing privacy and scalability for global use cases at scale. Telos is overseen by The Telos Foundation, an ownerless foundation dedicated to advancing the Telos blockchain network and its community.

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