On December 8, 2018, Telos announced it had launched its blockchain TLOS.

Telos is a sister blockchain to EOS. Telos code has arised from "EOSIO" open source software which powers blockchains such as: EOS, Telos, Worbli, WAX, etc. Therefore. Telos is 100% code-compatible with EOS for development of decentralized application.

Telos focuses on security, needs of developers, and user acquisition. It has numerous pretty traits. Let's discuss which they are.

1. Telos has improved on token allocation. You will receive 1 TLOS token for each EOS you owned at the EOS genesis snapshot. And up to a max of 40,000 tokens per account.

In that way, Telos decentralizes the distribution and reduces the overall token supply. The lower token supply has an additional benefit for developers in the utility provided by each TLOS token. One TLOS token provides 3x the utility of one EOS token.

2. The first million accounts are free! User numbers are critical for every social or economical network. In Telos, there will be null cost to onboard the first million of new users. With that fraction of users, Telos enables to build a network of true economic value.

3. Telos is utilizing inverse-weighted voting. The more you select and vote block producers (up to 30), the hevier the weight of each your vote.

4. Telos infrastructure and governance are run by high quality and trusted custodians individually referred to as a Block Producer.

5. The Block Producer compliance will be strictly code-enforced and non performing Block Produces will be sidelined.

Among Telos's shortcomings at this moment are low brand recognition and smaller number of developers and funds involved as compared to EOS.

Sources:

https://www.reddit.com/r/eos/comments/9ncm7a/telos_governance_system_a_recommended_visit/

https://medium.com/@lumeos/the-telos-advantage-lumeos-analysis-f1ed9392f16e

https://www.youtube.com/watch?v=QQSsSsR_rcc&feature=share

Author: Alena Snezhnaya