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Introduction

What is Telos?​

Telos is a next-generation Delegated Proof of Stake (DPOS) Layer-1 blockchain network. It features unsurpassed compatibility for developers and provides an extensive suite of tools and onboarding support to develop and deploy smart contracts on the world's fastest, most scalable, and affordable Telos EVM. The network is backed by robust governance features and a vibrant community of passionate contributors and users excited about the future of Web3.

Telos Comparison chart

Establishment​

The Telos Network is a real-world-ready blockchain. Through years of challenges, innovation, and web3 firsts, Telos has grown into a network capable of supporting the extreme demands of the decentralized world of tomorrow. Launched in 2018 without an ICO and through a fair token distribution, the lead development team initially utilized the Antelope.io source code and debuted a specialized version with additional layers of governance, tooling, and node configuration requirements. Through the years, the development team has continued to innovate based on the needs of builders and, in late 2021, launched the first bespoke/ground-up Ethereum Virtual Machine (tEVM), which runs using a smart contract on the Telos Zero chain's quick finality and node infrastructure. The launch of the tEVM has given builders and users two networks, Telos Zero supporting C++-based applications and the tEVM allowing for complete compatibility from any traditional EVM/solidity-based applications. Telos continues to push beyond the boundaries of what web3.0 networks can achieve, and builders can look forward to additional performance and language capabilities as the Telos Network continues on its sharp growth trajectory.

Distinctive Attributes Telos provides​

Distinctive Attributes Telos provides

A graph showing that Telos has been up and running for 99.99% of the time in the last year.A graph showing that Telos has been up and running for 99.99% of the time in the last year.

Uptime

Operational integrity of the Telos network has maintained a 100% uptime since December 2018 without any breaks, forks, or outages.

A diagram showing how Telos prevents front running, a type of attack where a miner can see a transaction before it is broadcast and then front run it by mining a competing transaction with a higher feeA diagram showing how Telos prevents front running, a type of attack where a miner can see a transaction before it is broadcast and then front run it by mining a competing transaction with a higher fee

No Front Running

Telos is architected not to have a mempool and allows for transactions to be processed on a 'First in First Out' basis, eliminating the ability for transactions to be front run.

A clock showing that Telos transactions are finalized in under 2 seconds.A clock showing that Telos transactions are finalized in under 2 seconds.

Transaction Finality

.5 second block times. It takes half a second to complete a transaction.

A graph showing that Telos can process over 10,000 transactions per second.A graph showing that Telos can process over 10,000 transactions per second.

Transaction Throughput

.5 second block times. It takes half a second to complete a transaction.

A shield icon representing the security of the Telos network.A shield icon representing the security of the Telos network.

Security

DPOS consensus mechanism provides strong security protection against a 51% attack. Telos requires 2/3s + 1 of the validators to sign blocks.

A dollar sign icon representing the fixed gas rate on the Telos network.A dollar sign icon representing the fixed gas rate on the Telos network.

Fixed Gas Rate

Telos Gas Fees average .01 per transaction. In addition, gas fees do not fluctuate with network volumes. As a result, costs are more predictable and affordable for users and infrastructure.

A tree icon representing the sustainability of the Telos network.A tree icon representing the sustainability of the Telos network.

Sustainable

Low carbon footprint. A typical transaction currently only consumes 0.000001 kWh to execute.

A code icon representing the support for smart contracts on the Telos network.A code icon representing the support for smart contracts on the Telos network.

Smart Contract Support

Developers can build smart contracts on Telos in multiple languages, including Solidity, C++, Go, and Rust. This makes Telos the most compatible and versatile blockchain to build on (Additional language support to be added soon).

Documentation Purpose: The Telos docs provide a list of comprehensive guides for building on Telos dedicated to web2 and web3 developers. If you have any suggestions, please visit our EVM or Zero development channels. To contribute, please visit our documentation repository and do a Pull Request in an area where you can apply specific information/knowledge.