Telos Blockchain - Crypto Academy | S4W2 - Homework post for @pelon53.

4개월 전

Hello Everyone!

This is Sami Zuberi , hope you all are well. I am exceptionally hope set aside a few minutes for perusing my homework post for @pelon53 and valued it. Here i am going to impart my views on "Telos-Blockchain". So how about we begin

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Telos Blockchain.

Telos blockchain is designed to help third-generation blockchains realize their full potential, but first and foremost, what is blockchain? It is a peer-to-peer network that maintains a decentralized shared ledger where transactions are kept. First, a user makes a transaction, and then a block with that transaction is generated and published in the network for the nodes to verify. Finally, a block is added to the chain completing the transaction.

Telos is capable of producing 5,000 of these transactions in less than a second. In 2009, blockchain became relevant. The EOSIO protocol, upon which Telos was based, was the actual breakthrough in 2018. Telos is a third-generation blockchain with a consensus process based on delegated proof of stake. It's a network that's built to be fast, scalable, and secure, which makes it ideal for Dap-Dev development and commercial applications.

Telos is a network system that allows young minds and communities to collaborate in the creation of a global ecosystem. A company may utilize the Telos blockchain network to increase efficiency and decrease operating expenses, as well as greater visibility, traceability, and sustainability of their data and information. It also enables new business models that will provide additional options. Telos blockchain provides a user-friendly platform for achieving all of these objectives at a lower cost and with more benefits than any other blockchain. Telos is the only blockchain that is both fast and safe, scalable and decentralized, and extremely cost-effective, allowing it to provide the finest solutions for your company.

According to coinmarketcap, the current market price of TLOS token is $0.7879, with a market cap of $212,834,010 and a ranking of #270, The volume of telos is 1,847,938. Because of the benefits it offers, there is reason to believe that this token will skyrocket in value in the future. Some platforms have purchased telos and predicted that the price of telos will rise.

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Source

I believe it is a highly platform with great potential, and one of its most notable aspects is its technique of minimizing commissions by using the same projects to cover user fees. I believe that in the future, the Telos Blockchain will be one of the greatest Blockchains in the world since it has lower transaction fees, is incredibly fast (processing around 5,000-10,000 transactions per second), and has excellent scalability, making it one of the finest Blockchains in the world.

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Question 2.

Using the telos tracker block explorer, take a screenshot of the last irreversible block at the time of performing your task and detail the BP and the date.

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As per the question requirement, I visited Telos Tracker Block Explorer and here I took a screenshot of last irreversible block which is 173586996 as you can see in below screenshot.

telos1.PNG

The block number is 173586996 and the BP is persiantelos and the date is 2021-09-15 and time is 11:21:29

telos2.PNG

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Question 3.

Check in the 3 block explorers, the blocks: 15,007,389 and 171,790,000, show the BP and the date of those blocks. Screenshots required.

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Telos Blocks :

  • For Block 15,007,389

Inside the search field, I put block number. There seems to be no account for this block number, according to the display that appears.

teloslast.PNG

  • For Block 171,790,000

telos1717.PNG

The block number is 171790000 and the BP is teloskitchen and the date is Sep-05-2021 and time is 06:30:15

Telos EOSX :

  • For Block 15,007,389

block2(1).PNG

When I started searching for this block, I discovered that the platform had marked it as an error and that its function had been restricted.

  • For Block 171,790,000

block2(2).PNG

The block number is 171790000 and the BP is teloskitchen and the date is 2021-Sep-05 and time is 06:30:15

Telos Tracker :

  • For Block 15,007,389

block3(1).PNG

The block number is 15007389 and the BP is octagontelos and the date is 2019-03-10 and time is 17:56:52

  • For Block 171,790,000

block3(2).PNG

The block number is 171790000 and the BP is teloskitchen and the date is 2019-09-05 and time is 01:30:15

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Question 4.

In the Telos swap demo platform, click here . Connect the wallet to Metamask. Then Transfer 20 Tlos to Fiat. And determine the gas you consumed. Then make the 100,000 Fiat to Soon transaction, and determine the gas consumed. Show the screenshots of the whole process that you ran. Was the gas consumption excessive in both cases? Explain?

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Firstly, I downloaded the meta mask. Then I visited the Telos Demo Swap site.

meta1.PNG

Then I connected the metamask by clicking on the “Connect Wallet” option in the upper right corner.

meta2.PNG

I gave the connection of a network that my metamask would successfully connect with after clicking on the metamask in the previous stage. Telos has my Metamask wallet embedded.

meta3.PNG

Because my metamask had successfully linked to Telos, I went ahead and clicked on the "Get Testnet EVM TLOS" option in this step.

meta4.PNG

Testnet EVM TLOS was successful according to the notification I got. Then, I pressed the "Test DemoSwap now" button, and my "demoSwap" test got successfully launched.

meta5.PNG

Now I'm going to convert 20 Tlos to Fiat, and then I'm going to pick Fiat from the token list.

meta6.PNG

I'll transfer 20 Tlos to Fiat after I've chosen a Fiat. For the transfer to take place, I must click on the "Swap" tab.

metamask7.PNG

After that, you were given way to a new interface to confirm the Swap. I selected the Confirm Swap option.

meta8.PNG

After completing the above steps, I completed my 20 Tlos to fiat exchange and received a successful transaction confirmation.

meta9.PNG

Now I'm going to perform a 100,000 Fiat to Soon trade and figure out how much gas consumed. To transfer from Fiat to Soon, I typed 100000 Fiat in the From field. In the To section, I chose Soon. After that, I went to the Enable FIAT tab.

meta10.PNG

The following screen appeared after choosing the Enable FIAT tab. Metamask sent me a notification that I needed to confirm. The pricing fee of gas is $0.10296.

meta11.PNG

And that's when I converted from FIAT to SOON. Let's go on to Swap.

meta12.PNG

After selecting Swap, a new section appeared, there i need to click on a confirm swap button.

meta13.PNG

Metamask was prompted for permission by the system. 0.07711 was the gas charge.

metamid.PNG

At last you got confirmation about your exchange.

meta14.PNG

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Special mentions to ;
@pelon53

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Gracias por participar en Steemit Crypto Academy Season 4, Semana 2:

NoPreguntas.Puntaje.
1¿Cuál es su opinión sobre Telos Blockchain? ¿Qué esperas que pase con el token Tlos? Justifique su respuesta.1.0/1.5
2Usando telos tracker, tome capture de pantalla del último bloque irreversible y detalle el BP y la fecha.1.0/1.0
3Verifique en los 3 exploradores de bloques, los bloques: 15.007.389 y 171.790.000, muestre el BP y la fecha de esos bloques.1.3/1.5
4Luego Transfiera 20 Tlos a Fiat. Y determine el gas que consumió. Luego realice la transacción de 100.000 Fiat a Soon, y determina el gas consumido.2.0/3.0
5Profundidad del tema.1.0/1.5
6Presentación / originalidad0.4/1.5
7Total6.7/10

1.- Pregunta 1: Faltó información y del token Tlos faltaron detalles e información.

  • Pregunta 2: Exploró el último bloque irreversible en ese momento.

  • Pregunta 3: Uso los 3 exploradores y verificó los bloques solicitados.

  • Pregunta 4: No explicó las tarifas de las transacciones ejecutadas.

Recomendaciones:

  • La tarea debe tener las conclusiones de lo aprendido en la investigación de la tarea.

  • Debe profundizar un poco más el tema.

  • Debe leer con detenimiento cada pregunta para dar las respuesta adecuadas.

  • Espero seguir leyendo tus publicaciones.

Calificación: 6.7

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Thankyou , I will try to do better next time