Telos, the EOSIO software fork is launching soon!! Are you ready??

The Telos network is a new network based on a code-fork of the EOSIO software that also powers EOS. Telos will use a token distribution identical to the EOS genesis snapshot but will cap each account @ 40,000 Telos tokens (TLOS).

Some developers that were participants in the initial launch of EOS decided to fork the software to make things better for the whole EOSIO system so they put in time and resources to come up with ways to deal with some of the issues that the EOS network has experienced after the launch. Now this is not to say that the EOS ecosystem has not made proposals or ideas to deal with the issues, but as everyone knows, a few months to solve issues is like many years in crypto. Hopefully as the Telos network launches and these ideas start working, the whole EOSIO ecosystem can benefit from each other.

Anyway, one of the great things with the Telos founding group is the transparency. Since I have been involved in cryptocurrency, I have not really experienced the kind of openness found in the group working on this project. Whatever questions you have, you can ask without anyone making you feel dumb. My hope is that this continues to be the case as the network launches and mass adoption starts happening on the network. One of the areas of transparency is the launch progess update. Anybody can…