Telos Weekly Report — March 29th, 2019
It’s fun to see all the pieces coming together. Our voting systems are not only up and running now, but yielding results. Not only have our first arbitrators been elected, but the second election is already open for voting. The arbitration voting portal is coming along in development (I’ll have a report this coming week) so we should be able to actually start filing our first cases in April (hopefully mid-April). On top of that, the first Worker Proposal for Scatter has now passed and two more are going to close this week. (Both look like they’re passing.) And right after, WordProof will be decided. This WordPress plug-in can expose many general computer users to a useful blockchain purpose for the first time through EOSIO and Telos.
The ability to do these things show why we built Telos. Some people question the value of these governance features, but the ability to help worthy projects come into existence is a major advantage for our community and blockchain in general.
We also heard more this week about the second big exchange that will be picking up TLOS trading and getting us onto Coinmarketcap where a much broader audience can be exposed to Telos. The critical mass that we need is building.
Have a great week!
— Douglas Horn
Arbitrator Elections status
On to the newest set of arbitrator elections! The next round of arbitration elections have begun as there are still 17 available arbitrator seats. If you’re interested in arbitration, check out our Telos User Guide tutorial about it!
The new election has begun! Be sure to vote by April 25th at 19:32 GMT.
Worker Proposals of Note
Ended and passed!
WP #3 “Reward Scatter for Supporting Telos”
Voting closes: March 30 0:46 GMT
50,000.0000 (1 cycle) to ‘scatter.tlos’ as financial support to the wallet Scatter for support of Telos users to date. No required deliverable. https://ipfs.telos.miami/ipfs/QmUyXMxc3czoDdyR8aoS4BXSjWTrHxyR1GBQayiGXS1HDT/
Yes: 6,088,690 | No: 629,599 | Abstain: 3,171,126
WP #6 “WordProof — Open Source WordPress Telos Plugin”
Voting closes: March 30 0:46 GMT
900.0000 TLOS times 5 cycles to ‘wordprooftls’ to fund an open source Telos WordPress plugin.
Yes: 3,370,304 | No: 681,197 | Abstain: 3,169,126
WP #5 “Telos Core Devs WP #1 — Fund TCD for Work Done Since Launch”
Voting closes: April 3, 22:46 GMT
800,000.0000 (1 cycle) to ‘teloscoredev’ as financial support to the Telos Core Devs for support and work to date. No required deliverable. https://gateway.ipfs.io/ipfs/QmYq7MWJcbYjPqsKyeA2Gdaupqy1Mf4cMxS6GxA9fPh4dh/
Yes: 5,412,500 | No: 620,085 | Abstain: 3,539,527
Here’s what happened this week:
- CoinTiger will list TLOS/USDT in April
- WP to give Scatter funds has passed
- Voting begins on the second arbitrator election
- Block 18 million snapshot recorded
- Telos is featured on Crypto Unqualified podcast
- Sebastian van der Lans interviews on EOS Podcast #72 featuring WordProof
- GoodBlock is now on Instagram — follow us @goodblockio
CoinTiger will list TLOS/USDT in April
After several weeks of anticipation, the Telos Foundation announced this week the second large exchange that will list TLOS in our bid for Coinmarketcap lisiting. The exchange is CoinTiger from Singapore with a strong presence in Korea. I understand that the listing is supposed to be live by the middle of April, so two weeks or less. I have heard from some that the implementation process is already in the works. Very exciting. The CoinTiger announcement follows the P2PB2B announcement of a few weeks ago. Unlike P2PB2B, CoinTiger already handles EOS trading and should have an easy time integrating TLOS trading.
WP to give Scatter funds has passed
The Telos community has concluded voting on its first major worker proposal: Reward Scatter for Supporting Telos. At the conclusion of voting, the ballot was closed and the 50,000.0000 TLOS in allotted funds were transferred by smart contract to the account, scatter.tlos, which is controlled by Scatter. Telos is the first blockchain in the world to have a worker proposal system entirely on-chain and smart contract-controlled. The final vote tally was Yes: 6,088,690 No: 629,599 Abstain: 3,171,126
I had the honor of proposing this WP (and paying the submission fee of 1,500 TLOS, which also was refunded by the smart contract). Any user is able to make a new proposal, should they wish to create ongoing funding for Scatter. The text of the first proposal is available on Telos IPFS here: https://gateway.ipfs.io/ipfs/QmUyXMxc3czoDdyR8aoS4BXSjWTrHxyR1GBQayiGXS1HDT/
Read more about the proposal here: https://medium.com/goodblock-io/vote-to-support-scatter-d9e4a729317c
Voting begins on the second arbitrator election
The second arbitrator election also began this week following a 1 week registration period. There are again four arbitrator candidates in this election, which will last 5 million blocks or about 29 days.
The arbitration system is waiting on the arbitration portal and tutorial articles. The Telos Core Devs are working hard to bring the arbitration portal online. Once it reaches a near-final build, I will be able to create the rest of the Telos Users’ Guide chapter on the arbitration process, which is currently in progress.
Block 18 million snapshot recorded
Thursday March 28th at 2:14 UTC block 18 million on the Telos mainnet was produced by OctagonTelos. As a service to app developers to aid them in performing airdrops, the Telos Foundation and Telos Core Developers capture a new snapshot every 6 million blocks. The Telos Foundation pays the cost in RAM to record this data to the chain for several months on a rolling basis. The work of capturing is performed by GoodBlock, CalEOS, Kainos BP, and Telos Madrid. Past snapshots have been used for airdrops such as QBE, CNT, and ROBO. Two airdrops have already announced their intention to use the block 18 million snapshot, Viitasphere and TelosDAC.
Telos is featured on Crypto Unqualified podcast
The podcast Crypto Unqualified added a new feature talking about crypto projects that people need to know more about and they started with Telos. They had some great points about Telos including what a great opportunity it is. The whole episode is really good, but you can jump right toe the Telos discussion here: https://youtu.be/bfnzXDJZqtw?t=1436
Sebastian van der Lans interviews on EOS Podcast #72 featuring WordProof
WordProof is a WordPress plug-in for recording blog submissions on the Telos blockchain. It is up for vote as a Telos worker proposal. If passed, it will create a plug in that could expose Telos not only to 75,000,000 WordPress publishers, but to their vast audiences. Sebastian is planning to have the first version ready by the WordPress conference June 22, if approved. This could be the first real-world use of any blockchain that many people ever encounter. Sebastian discussed the project on the EOS Podcast this week. You can watch it here: https://youtu.be/INJsB359CgU
GoodBlock is now on Instagram
We added an Instagram channel. Please check it out and follow us on Instagram: @goodblockio
About the author: Douglas Horn is the Telos architect and whitepaper author, and the founder of GoodBlock, a block producer and app developer for the Telos Blockchain Network.
More about GoodBlock can be found at: www.goodblock.io
Join us on Twitter @GoodBlockio
Vote for GoodBlock on the Telos Blockchain Network @goodblocktls