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December 5, 2024
Telos November Recap: Milestones, Updates, and Community Growth
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min read
Telos November Recap: Milestones, Updates, and Community Growth
November has been a big month for Telos. We unveiled the Telos Manifesto, launched Telos EVM 2.0, shared progress on SNARKtor, and gave a sneak peek at Telos X. With new integrations and community events, we’ve set the stage for an exciting 2025. Here’s a quick look at what happened this month.
Key Announcements
Telos Manifesto Unveiled
In November, we unveiled the Telos Manifesto, authored by our CEO, John Lilic. This vision sets the stage for Telos as a community-owned Web3 Venture Production Studio, dedicated to empowering its members with true digital sovereignty.
Built on Delegated Proof of Stake (DPoS) and backed by nearly 400 million uninterrupted blocks since 2018, Telos is a blockchain designed for everyone—offering accessible governance, shared ownership, and the tools to innovate and thrive together.
At its heart, Telos is about shared ownership and innovation. Powered by the TLOS token, we fuel governance, ecosystem growth, and collective success.
Telos EVM 2.0 Launched
Telos EVM 2.0 marks a new chapter for Telos, pushing performance with speed, scalability, and developer accessibility. This upgrade makes it easier for developers to build and innovate while providing users with a faster, smoother experience.
Key features include:
- Full Ethereum RPC compatibility for seamless dApp integration.
- Faster performance and improved scalability to handle more users and transactions.
- Advanced tools like Execution Extensions (ExEx) to enhance functionality.
- A low-latency, resource-efficient environment for thriving dApps.
Read more
Product Updates
SNARKtor Roadmap Progress
Our zk-SNARK proof aggregation protocol is advancing steadily.
Highlights include:
- Multi-chain aggregation capabilities.
- Ongoing development of decentralized scheduling and reward mechanisms.
- Preparations for a fully decentralized protocol by Q1 2026, enabling scalable and privacy-centric applications across the blockchain ecosystem.
Telos X Sneak Peek
Development of Telos X, our native crypto exchange, continues. Keep an eye out, as @TelosX_official will:
- Integrate seamlessly with the Telos ecosystem.
- Provide enhanced liquidity and security.
- Expand TLOS token utility across trading pairs.
- Stay tuned for the official launch.
Buy or Burn Program
With Telos X launching soon, the Buy or Burn Program takes center stage. What is the Buy or Burn program?
Telos X trading fees automatically purchase $TLOS.
Community members vote to either burn or repurpose these tokens. This initiative enhances tokenomics and community participation while aligning with the goals of sustainable growth.
Ecosystem and Integrations
oooo Money
Telos now benefits from expanded cross-chain functionality, enabling seamless asset transfers and liquidity aggregation.
SimpleSwap:
Offering Telos users easy access to over 2,000 currencies, this integration strengthens cross-chain swaps and simplifies trading.
SwapSpace
Exchange $TLOS quickly and securely with SwapSpace, a crypto aggregator providing competitive rates and over 600,000 trading pairs.
Network Stats
Community and Events
Tekika Season 1 Finale
Tekika wrapped up its first season, with tekikans claiming their final $TLOS prizes and partner rewards. Season 2 development is underway.
Follow Tekika on X for updates.
Web3 Dev Huddle at Devcon 2024
Telos CEO, John Lilic spoke at Hackquest and Gate Ventures’ event at Devcon 2024, sharing his thoughts on the current and future state of EVMs.
Community Shoutouts
@pxlgames_bot: Shoutout to PXLGAMES for bringing fun Telos games to the community:
https://x.com/pxlgames_bot/status/1860322414145495501
@NicolasYSL: Big thanks to Nicolas for spotlighting Telos X in their latest post
https://x.com/NicolasYSL/status/1862501925901545878
@trungcanhnguyen: Huge appreciation for breaking down Telos technical facts so clearly. https://x.com/trungcanhnguyen/status/1860542609632166369
@rioblocks: Props to Rio Blocks for a fantastic breakdown of Telos’ updated roadmap. https://x.com/rioblocks/status/1854942355326914733
@MosaicBP: Shoutout to MosaicBP for starting Telos X Spaces! https://x.com/MosaicBP/status/1864709100073779577
@Solarfeen: Thanks for showcasing Tekika earnings while rocking the Telos X glasses
https://x.com/solarfeen/status/1859015281076748454
@TelosFanatics: Big congratulations to the Telos Fanatics Telegram group for launching their X account!
https://x.com/TelosFanatics/status/1862869369618846086
Looking Ahead
As we step into 2025, Telos is poised to continue innovating. With the launch of Telos EVM 2.0, and the upcoming launches of our hardware-accelerated zkEVM, SNARKtor, and Telos X, we’re building a stronger ecosystem for developers and users alike.
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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