What exactly is Telos Network(TLOS) and How to Buy TLOS?

TLOS is a next-generation DPOS Layer-1 blockchain network. It is a decentralized computing network that runs smart contracts on the fastest EVM in the world.

Telos Network Concept

The Telos Network is a live blockchain that is ready for use. They were founded in 2018 and have since grown into a network capable of meeting the demands of the future world. The Antelope.io source code was first used by the primary development team. They are now presenting TLOS with a customized version that includes additional layers of governance, tools, and node configuration.

What Are Their Benefits?

Telos takes pride in its speed. They grow faster and more easily than traditional proof-of-stake networks. They can currently process up to 10,000 transactions per second. Furthermore, the numbers are constantly increasing due to code changes, sidechains, and other factors. This transaction speed is fast enough to compete with the likes of Visa and Mastercard.

Following that, Telos provides a 0.5-second block time. It meant they were faster than Solana, who had a 0.6-second block time, and Avalanche, who had a 6-second block time. How did they accomplish this? They accomplish this with the help of 21 active validators and backup validators. The backup validators will be rotated in automatically by the blockchain. This serves as an evaluation process. Every two and a half minutes, the blockchain will assess their readiness, resulting in a 0.5-second block time.

How to Purchase Telos Coin (TLOS)

Follow these steps to purchase Telos Coin (TLOS) on MEXC:

Log in to your MEXC account and then select [Trade]. Select [Spot].
To see the available trading pairs, type "TLOS" into the search bar. As an example, consider TLOS/USDT.

3.Scroll all the way down to the [Spot] box. Enter the amount of TLOS you wish to purchase. You can place a Limit order, a Market order, or a Stop-limit order. Consider the Market order. To confirm your order, click [Buy TLOS]. The TLOS you purchased will be stored in your Spot Wallet.

Telos Coin's Current Price and Performance (TLOS)

TLOS is the Telos Network's native token. It is used for system resource allocation and governance. TLOS is currently trading at $0.17166 per unit on the market. They have a market capitalization of $46,122,138 and a fully diluted market capitalization of $60,591,959.