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Market
Telos
TLOS
$0.02437
-2.71%
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One time
USD
TLOS
≈
410.28
TLOS
$50
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$500
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Telos latest news
Telos & Swapsicle: A Partnership for Seamless Crypto Access and User-Friendly Experience
The Telos Network Blog - Medium
February 10, 2023
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Market data
Market cap
$10.84M
Rank
#1255
24H volume
$1.73M
Circulating supply
444.93M TLOS
95% of total
All-time high
$1.43
-5762.56%
All-time low
$0.01
59.98%
Total supply
466.86M TLOS
About Telos
Telos Price Summaries
Telos's price today is $0.02437, with a 24-hour trading volume of $1.73M. TLOS is -2.71% in the last 24 hours. It is currently -9.55% from its 7-day all-time high of $0.02695, and 5.62% from its 7-day all-time low of $0.02308.TLOS has a circulating supply of 444.93M TLOS.Telos (TLOS) describes itself as a smart contract blockchain running on EOSIO software. It makes use of Delegated Proof of Stake (DPOS) consensus. TLOS is the native currency of Telos and is used for acquiring resources for decentralized applications (dApps), voting for block producers, worker proposals, election arbitrators and other on chain governance. The governance features used by Telos' core system are available for dApp developers to include in their projects.
The Telos blockchain reportedly offers dApp developers 0.5 second block times, transaction rates in excess of 1000 transactions per second, and free transactions. Developers can reportedly build blockchain applications that provide a similar user experience to conventional applications.
The blockchain went live in December 2018 using a modified EOS genesis snapshot (the result of the EOS token sale) where all accounts were capped at a maximum of 40000 TLOS. This resulted in a broad and relatively equitable initial distribution of approximately 300 million tokens EOS genesis account holders. 18 million tokens were granted to the founders of the chain and 6 million to the Telos Foundation. The current supply of TLOS is 355 million and token inflation is 0%.
