TCD Chronicle: January 2024

‍What's New on Telos

A Word From the TCD’s Head of ZK Technologies — Alberto Garoffolo

During December and January, we finalized the Protocol for Scaling Zero Knowledge Proofs in Blockchains Whitepaper. The whitepaper describes the key aspects of the protocol including the general scheme, the incentives, the functional and security requirements and other important features of the protocol. The pre-print version is ready and will be announced soon along with other supporting material helping the understanding of the protocol at a high level. 

In January we also started expanding the ZK Team hiring Daniele, a cryptographer with an amazing background in Zero Knowledge and with deep expertise on several proving systems. Daniele has a Ph.D in Mathematics and he is already proving a key contribution in our research efforts on ZK technologies. 

In the last few weeks, we also began working on the architecture and on the actual implementation of some base components needed to process the ZK base proofs by the Scaling Proof Protocol.  This required a preliminary analysis on the most computationally efficient ways to wrap and verify in circuit one of the ZKVM base proofs we are envisioning to use. 

In February we will further concentrate our efforts on the actual implementation of the components needed to process the ZKVM base proofs. In parallel to that, we will also support the marketing activities providing material to facilitate the ongoing communication and the explanation of the protocol.

A Word From the TCD’s Head of Engineering — Jesse Schulman

The TCD has really started heating up, with EVM 1.5 almost fully hardened and ready for release, work has begun in full force on our major 2024 initiatives.

Several major improvements are released or will soon be released for Teloscan, Telos Wallet and the Telos Bridge!  Thanks to the hard work of the UI team, we continue to see all our frontends receiving upgrades to add features that improve our user experience.

The 2.0 EVM RPC is shaping up to be an amazing improvement for TelosEVM that will bring significant performance improvements, and ease of operations for node operators as well as enabling several very exciting integrations!

The ZK team has been heads down the past few months and we are very excited to see the results of their hard work beginning to show.  The coming weeks/months should have more and more information becoming public around the ZK technologies that Telos will be building, I expect a lot of buzz as that hits full stride.

Last but not least, the zkEVM work for K2-18 has also fully kicked off and is making great progress.  Very excited to see this Telos L2 chain coming together, we expect it to be the first of many!  Expect even more excitement as we get closer to a demonstrable testnet deployment for everyone to try.

TCD Roadmap 2024—

The 2024 strategic roadmap was revealed in our second town hall and significant progress is already being made towards key milestones. This year is set to feature substantial developments across four pivotal areas: Scalable Proof Protocol, K2-18 (the zkEVM gaming chain), Telos EVM + Telos Zero, and BAAS. Completion of the zkEVM Whitepaper marks a preparatory step towards its upcoming public release.

For an introduction to Zero-Knowledge Proofs and their importance, visit: https://www.telos.net/post/leading-the-zk-innovation-telos-networks-vision-for-a-scalable-blockchain-future 

Telos Integrations — 

Infrastructure

Ramp Network

Website: https://ramp.network/ 

Ramp is a financial technology company building solutions that connect the crypto economy with today’s global financial infrastructure. Through its core on- and off-ramp products, Ramp provides businesses and individuals across 150+ countries with a streamlined and smooth experience in converting between cryptocurrencies and fiat currencies. Ramp is fully integrated with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more. 

Xerial

Website: https://xerial.io/ 

Xerial enables game developers to effortlessly connect with the blockchain, without requiring Web3 programming skills. Non-crypto gamers can easily access on-chain assets using their social media login and secure credit/debit card payments.

DAOLabs

Website: https://www.daolabs.com/

Founded in 2021, DAO Labs is comprised of experts originating from leading blockchains, such as Celo, NEM, QTUM, and EOS. DAO Labs provides governance products and consulting services to businesses that aim to transform their organizations with blockchain technology.

Goldsky

Website: https://goldsky.com/

Goldsky is Web3’s real-time data platform, giving developers access to world-class data infrastructure to power their on-chain applications. With lightning-fast indexing, resilient subgraphs, and flexible data streaming pipelines, Goldsky lets you spend less time on infra and more time building core UX. 

Liminal

Website: https://www.liminalcustody.com/ 

Liminal is a licensed and regulated digital asset custody and wallet infrastructure provider. Launched in April 2021, Liminal is a CCSS Level 3, SOC Type 2, ISO 27001 and I27701 and ISO 27001 and 27701 certified organization. Liminal is based in Singapore, has operations spread across APAC MENA and Europe, along with offices in Hong Kong, Singapore, India and Abu Dhabi.

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DeFi- Always DYOR when engaging with DeFi protocols.

LogX

Website: https://www.logx.trade/

LogX is an innovative perps trading platform with aggregated liquidity across their native pools and other perp DEXes. 

Entangle

Website: https://entangle.fi/

Entangle is the first fully customizable & interoperable data infrastructure built for Web3 and institutions. 

Reactor Fusion

Website: https://reactorfusion.xyz/ 

ReactorFusion is a native money market based on unique bribe-reward tokenomics. Combining battle-tested codebases and veDEX's reward system, ReactorFusion paves the way for the safest, most logical and innovative approach to DeFi lending markets in the zkSync era and Telos ecosystem.

Poolz Finance 

Website: https://www.poolz.finance/ 

Poolz Finance is a decentralized fundraising platform that has pioneered unique tools to safeguard its users. To date, they have successfully conducted over 125 IDOs for various Web 3.0 projects on our platform.

Coinstore

Website: https://www.coinstore.com/#/home

Founded in 2020, Coinstore is a world-leading crypto asset trading platform that strongly focuses on emerging high-growth markets.

Galador

Website: https://www.galador.io/ 

Galador provides DeFi traders with fast execution & advanced trading with their hyper-efficient liquidity infrastructure.

Airswap

Website: https://www.airswap.io/ 

Airswap is the original trustless OTC and RFQ token trading network.

Rivera

Website: https://rivera.money/ 

Rivera provides liquidity infrastructure for concentrated DEXs.

Gaming

Victorian Murder Mystery

Website: https://www.mercuryforge.io/ 

Victorian Murder Mystery is an enthralling social deduction game set in the elegant yet mysterious Victorian era. 

Network Performance

As part of an ongoing effort to provide more visibility into network statistics, the TCD has begun tracking key metrics. This will enable us to identify potential trends on-chain. More metrics will be added over time.

TCD November Development Updates

Executive Summary

Throughout December and January, the TCD made significant progress across various components of the ecosystem, highlighting advancements in the Telos Bridge, Telos EVM (Ethereum Virtual Machine) components, Telos Wallet, and broader system integrations. This development update encompasses a series of enhancements aimed at improving functionality, security, and user experience. From integration and fixes in the Telos Bridge to the introduction of new features in the Telos Wallet, and substantial updates to the GitHub, App Telos Native, API Telos Net, Token List, and Telos EVM Contract, the development team has been focused on refining the platform's robustness and efficiency. Notably, this update also touches on the Telos EVM 2.0, marking a pivotal step towards evolving the network's infrastructure to accommodate future demands.

Key Development Updates

Telos Bridge 

• Integration of ecosystem OFTs and native gas token OFT into main bridge interface. 
• Fixes for slippage issues and gas modal language. 
• Updates to analytics, links, and copy. 
• Addition of Faucet to navigation bar. 
• Adjustment of network selection list order. 
• Mobile interface adjustments. 
• Addition of rel="noreferrer" to external links to improve security. 
• Removal of unused OFT check. 
• Fixes to layout style and redirects. 

Telos EVM (Ethereum Virtual Machine) Translator 

• Unit testing & storage schema validation. 
• Hyperion sequence updates. 
• Elasticsearch Docker updates. 
• Reindexing improvements. 
• Connector API creation. 
• Genesis document updates. 
• Test utils module & data verification. 
• Logging & error handling. 
• Docker scripts & build updates. 

Telos EVM Docker 

• Updated revision to 1 for local runs. 
• Updated templates to latest versions. 

Telos Wallet 

• Added Allowances management page where you can view, edit, and revoke allowances for ERC20, 721 and 1155 tokens. 
• Debug tools update. 
• Telos Zero liquid balance display fix. 
• Telos Zero wallet login streamlined. 
• Improved Unit testing coverage. 

GitHub 

• Discord permalink fix. 
• GitHub metrics updates. 

App Telos Native 

• TestNet Faucet for EVM. 
• Redirects during active election. 
• IPFS document rendering and ballot image fallback. 
• Dependency update: Follow-Redirects. 
• Linter fixes and conflict resolution. 
• Logo link update. 
• Date comparison and status condition fixes. 
• Loading indicator for ballot view. 
• Active election flag and rerouting. 

API Telos Net 

• Account creation and management endpoints updated. 
• Code maintenance and cleanup. 

Token List 

• Logo updates. 
• Removal of multichain assets. 
• Updates to Archly Arc and veArc information. 
• Addition of wTLOS icon. 
• Updates to README.md. 
• Updates to Archly DEX entries. 
• Addition of new TelosEVM list and tokens. 
• Updates to Arc logos and entries.

Telos Native Rust Client (antelope-rs) 

• Shared with Antelope community as an available open-source library. 
• Reached MVP as needed for EVM 2.0 functionality. 
• Published to crates.io for others to use. 

Telos EVM Contract 

• Addition of non-existent sender addresses to accounts table for transactions without signatures. 
• Fixed bug when doing gas estimation for non-existent sender addresses. 
• Updating trace-related variables for create collision bug. 

Telos EVM RPC 

• Removal of EOSJS and localization of TelosEVM-js library. 
• Debug logging fixes. 
• README configuration sample update. 
• Configuration standardization and cache usage. 
• Elastic Index for cache prefix. 
• Query fix for latest block delta. 
• Reference fix to TelosEVM-js API. 

Teloscan 

• Analytics updates. 
• Improved site interaction notification system. 
• Improvements to contract interface. 
• Improved network switching handling and other wallet login functionality 

Teloscan Indexer 

• API Improvements:  
• Block range option for address/transactions 
• Start/End date support for account transfers and transactions. 
• Metrics routes and API. 
• Approval routes fixes. 
• Mint retrieval fixes 
• Contract model refactoring and timeout handling. 

Open Block Explorer 

• CSV upload for contract interaction 
• Improved search experience 
• Fix store reference scope. 
• Prepending EOSIO system accounts for search results. 
• Remove ABI when viewed account changes. 
• Upgrade JSON viewer. 
• Force account tab refreshes upon URL change. 
  

Telos EVM 2.0 

• Designed the architecture for 2.0 clients (validator mode and light mode) and performed required changes to the Reth 
• Started development of a consensus client for communication between EVM translator and Reth 
• Examined the performance of Reth for handling 0.5 sec block time and validation of architecture integrity by designing a couple of scenarios for syncing through either P2P network and translator 

Conclusion

The enhancements across the Telos Bridge, tEVM components, wallet functionalities, and system-wide integrations not only enhance the current capabilities but also lay a solid foundation for the forthcoming Telos EVM 2.0 advancements. As the ecosystem continues to evolve, these updates signify the team's commitment to delivering a secure, efficient, and user-friendly platform, reinforcing Telos' position as a future-focused blockchain leader. Stay tuned for further developments as the team progresses towards achieving new milestones and enhancing the overall user experience.

To explore repos being actively worked on, maintained or being explored by the TCD or to participate in testing or provide feedback on the various tools being worked on, visit: https://github.com/telosnetwork