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September 26, 2024
Telos' Next Growth Leap: Unveiling Major Announcements and Product Updates, One at a Time
2
min read
At Telos, we’re rolling out a series of key announcements that highlight the progress we’ve been making across blockchain technology, zero-knowledge research, and ecosystem development. This blog will keep you updated with a clear summary of each new development as it’s announced.
Telos X Summary:
Telos X is a new cryptocurrency exchange, powered by Binance Link Program. It enhances the Telos ecosystem by streamlining token listings, increasing liquidity, and offering key features like the $TLOS token as a main trading pair. With global expansion in mind, Telos X aims to simplify the listing process for projects and provide rewards like discounted fees and airdrops. This platform is set to play a vital role in the growth of the Telos network, making it easier for projects to thrive in a competitive market.
SNARKtor Development Updates:
SNARKtor is Telos' innovative proof aggregation protocol, designed to solve scalability issues in zero-knowledge proofs (zk-SNARKs). By aggregating multiple proofs into a single, efficient proof, SNARKtor drastically reduces gas costs and verification times, making decentralized applications more scalable. Its integration with Telos' zkEVM will further enhance Ethereum-compatible applications, bringing real-world use cases like DeFi and privacy-focused transactions to the forefront. SNARKtor sets a new standard for blockchain efficiency, offering solutions for both scalability and cost reduction.
Learn more about the most recent SNARKtor updates
Roadmap: Decoding the Path to Telos' Hardware-Accelerated zkEVM L2
The Telos zkEVM roadmap outlines key milestones for both testnet and mainnet, focusing on hardware acceleration and SNARKtor integration. Starting in Q4 2024, the zkEVM will leverage TLOS as its native token, optimizing cryptographic operations for faster, more scalable decentralized applications. By Q4 2025, full SNARKtor integration will enable efficient proof aggregation, reducing gas costs and improving dApp performance. This roadmap highlights Telos' commitment to providing cutting-edge, cost-effective zero-knowledge solutions.
Learn more about the zkEVM roadmap
Stay tuned as we continue to share the major steps we’re taking to shape the future of Telos.
Disclaimer
The content provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always conduct your own research and consult with a professional before making any financial decisions. Cryptocurrency investments along with other asset classes can be volatile and can result in potential losses. Always use caution, practice due diligence, and never invest capital you cannot afford to lose. Remember to always maintain the security of your accounts, use strong passwords, enable two-factor authentication, and be wary of phishing attempts. Stay safe and invest responsibly.
About The Telos Foundation
Telos is a decentralized blockchain ecosystem that includes Telos EVM, which is tested as the fastest Ethereum Virtual Machine globally, and its high-speed consensus layer, Telos Zero. With its continued focus on helping push forward the global adoption of Zero Knowledge technology, Telos is also currently developing a hardware-accelerated Ethereum Layer 2 network powered by SNARKtor, with the goal of enhancing privacy and scalability for global use cases at scale. Telos is overseen by The Telos Foundation, an ownerless foundation dedicated to advancing the Telos blockchain network and its community.
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