July 4, 2024

Telos Network June Recap: Integrations, Product Updates, Events and Community

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As we enter July, let's take a moment to reflect on the key developments and milestones achieved last month.

We proudly announced our Diamond sponsorship at EthCC, where we'll debut our SNARKtor proof of concept. Our ecosystem welcomed new integrations with Ormi Labs, Yasp.Fi, Ankr, and dRPC, enhancing our platform's functionality and reach. Additionally, our role as Super Sponsors at ETH Belgrade and the launch of the MinoNFT fantasy football competition have kept our community engaged and excited. Let’s dive into the highlights of June and explore what lies ahead for Telos.

Major Announcements: 

Telos Diamond Sponsorship EthCC

In June we announced our Diamond sponsorship at EthCC from July 8th to 11th. At EthCC, we will showcase our SNARKtor proof of concept (POC) for the first time. Alberto Garoffolo, our Head of ZK Technology, will present it on the main stage on Wednesday, July 10th. That's not all—our team will be on the ground at our booth in the EthCC[7] Sponsors Hall, located in the ATLANTIS Block, Level -2 of the venue. 

We will also be participating in a number of side events, including Telos ZK Brewing@EthCC, BOUNDLESS at EthCC and Aggregation Day Brussels, focusing on emerging trends and innovations in the Web3 and ZK space. 

Learn more about SNARKtor

Telos (TLOS) Token Migration on Ethereum and BNB Network

In June, we announced the Telos (TLOS) Token Migration on Ethereum and BNB networks. The new TLOS token contracts are now available, transitioning from our third-party bridge provider to our own contract based on the LayerZero OFT standard. This change affects the existing BNB Chain and Ethereum-based TLOS but does not impact TelosEVM and TelosZero-based TLOS. The previous ptokens TLOS will no longer be the primary version on BSC and Ethereum, and all exchanges and wallets are advised to transition. The new cross-chain TLOS is available on our official bridge.

Learn more 

Integrations:

Ormi Labs

Ormi Labs integrates with their 0xgraph product, providing Telos developers with high-speed, on-chain data indexing essential for real-time applications and advanced analytics.

Read more

Yasp.Fi

Yasp.Fi enhances DeFi on Telos by offering a unified platform for DEX aggregation and yield optimization, ensuring secure and streamlined transaction experiences for users.

Read more 

Ankr

Ankr’s integration introduces seamless RPC services to Telos, enabling developers to effortlessly interact with the blockchain through a globally distributed node network, optimizing application performance and accessibility.

Read more

DRPC

dRPC supports Telos with both free and commercial RPC API endpoints. dRPC's integration with Telos provides developers with reliable RPC services backed by a global network of proficient node providers, ensuring high performance and cost-effectiveness for blockchain interactions.

Telos endpoints

dRPC Docs

Partnerships:

Athena DexFi

Telos partners with Athena DexFi to simplify and secure DeFi investing through their user-friendly platform. Offering exclusive investments, managed presales, and access to launchpads without platform tokens, Athena DexFi enhances accessibility and transparency in crypto trading.

Learn more

Swing

Swing partners with Telos to enable seamless cross-chain experiences. With APIs, SDKs, and tools supporting single and cross-chain swaps from major EVM chains to Telos, Swing provides developers with easy integration and access to 51+ blockchains and 100+ bridges and DEXes.

Learn more

Tellor

Tellor, a decentralized oracle protocol, joins Telos to enhance data reliability and security for smart contracts. Supporting various data types and fostering a permissionless network for data reporting and validation, Tellor ensures robust crypto-economic incentives and censorship resistance.

Learn more

Events:

Eth Belgrade

Telos joined as Super Sponsors at ETH Belgrade from June 3rd to 5th, a major Ethereum conference in Europe. We highlighted our hardware-accelerated zkEVM Layer 2, developed with Ponos Technology, to improve Ethereum Virtual Machine scalability and speed up transactions using zero-knowledge proofs. Our team discussed real-world uses and connecting with attendees at our booth. Side events included the ZK Belgrade conference, advancing conversations on blockchain innovation and community partnerships.

Development updates 

EVM 1.5 Updates:

  • Audit Fixes: Finalized and received sign-off on all audit fixes for version 1.5,

zkEVM Proof of Concept Progress:

  • Continued progress and testing on zkEVM proof of concept ready for presentation at EthCC in July. 

RPC 2.0 Progress:

  • Made significant advancements in the development of RPC 2.0, aimed at enhancing system interaction and reliability.

Teloscan Updates:

  • API Integration and Refactoring:some text
    • Transaction ABI summary corrected to prevent null values.
    • Compatibility API issue with missing ERC20 transfer data resolved.
    • Export CSV filter by block number fixed.
  • Enhanced UI/UX:some text
    • Upgraded design and usability of all pages for a more intuitive user experience.
  • Improved Contract and Transaction Handling:some text
    • Enhanced handling of NFT metadata and transaction page transfers, including partial loading and highlighting native withdrawals & deposits.
  • Responsiveness and Accessibility:some text
    • Optimized various pages for responsiveness across devices, ensuring better accessibility.
  • Functionality Enhancements:some text
    • Added new features such as token list sorting, ERC1155 transfer handling, and improved contract interaction.
  • NFT Image Scraper Improvements:some text
    • Implemented improvements to the NFT image scraper.

Teloscan, Wallet, and Bridge:

  • Further enhancements and feature delivery.
  • Preparation for cross-chain support.

Community Updates: 

MinoNFT Fantasy Football Competition

Robinos Predict launches their MinoNFT fantasy football competition linked to Euro 2024 and Copa America 2024. MinoNFT is a NFT collection designed for the Robinos sports prediction platform, allowing players to collect digital cards representing real-life athletes.

How it works?

Players collect #MinoNFTs featuring athletes from both tournaments.

Assemble your fantasy team using these MinoNFTs.

Earn points based on real-life player performances during Euro 2024 and Copa America 2024.

Telos Sponsorship Announcement (Patrocinio de Telos)

Telos sponsors @criptolawyer's free webinar series "Criptomonedas desde cero" (Cryptocurrencies from Scratch) for beginners. Join our LATAM ambassador for insightful sessions on crypto basics:

Dates: July 2nd and 9th

Time: 6 PM VE / 7 PM ARG

Location: Online

Learn more

Register here

Community/partner shoutouts:

Looking Forward:

As we look ahead to July, we’re excited to share the following developments:

  • EthCC Diamond sponsorship
  • Debut of SNARKtor POC
  • Rollout of numerous exciting integrations
  • Implementation of new product updates
  • Unveil our roadmap of future events in which we will participate over the summer.
  • And a plethora of additional initiatives to come!

Conclusion: 

As we conclude June, it's evident that this month has brought significant advancements for Telos. From announcing our Diamond sponsorship at EthCC to our new token migration on Ethereum and BNB networks, and integrating with key partners, we've made substantial progress in enhancing our ecosystem. Stay tuned for more exciting developments and initiatives as we continue to innovate and grow the Telos community.

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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