Blockchain platform Telos today announced the scheduling of the first in a series of quarterly calls with stakeholders to provide project updates for initiatives on its technical roadmap. Scheduled for April 7 at 11 a.m. PDT, the call will be accessible to all interested parties via the @Goodblock YouTube channel. Subsequent calls will be scheduled for the first week following the close of each quarter.
Telos recently announced its technical roadmap for 2021 that highlighted five key development initiatives designed to make the platform stronger and more developer-empowering, while also growing its governance features and general-user appeal across the board. Douglas Horn, chief architect of Telos, will lead the discussion in an effort to provide greater transparency into the project.
“Crypto and blockchain projects aim to move beyond traditional business organizational structures seeking a better way to organize people and resources,” said Mr. Horn. “The intent is to avoid byzantine corporate or government structures and usher in a new era of transparency and trustless organizations. So it’s ironic that most crypto projects are less transparent and accountable than typical corporations, with many crypto teams operating anonymously and providing little timely feedback to their communities. Telos’s new series of quarterly calls represents our commitment to providing a high level of transparency and accountability that should accompany any public project.”
Among other topics, Telos will discuss the state of development around key roadmap initiatives including dStor, Telos EVM, Telos Private, Telos Identity and Telos Location. Participants will also have the opportunity to submit questions in advance for the team to answer.
In addition to speed, capacity and zero transaction fees, Telos’ governance structure gives developers and community members control of the platform to a greater extent than any comparable blockchain, rather than a centralized entity, oligarchy, or individual whales. These governance functions are also extended as a governance toolset to any Telos developers to use in their own dApps via the Telos Decide governance engine. The Telos network currently supports 10,000 transactions per second (TPS) with zero transaction fees, compared to Ethereum’s 14 TPS with fees.