Review on Teloscoin by Robiul Islam
It is a network ecosystem that enables leaders, developers and communities to work together to build a new global economy.
It has a strong community and is moving in the right direction with the right action. This is a relatively new project and more work needs to be done to launch important and value-added applications on the network. Liquidity needs to be improved by listing tokens on top exchanges. Notable exchanges currently listed are Kontiger and P2PB2B. There is no third-party auditor of the code.
However, the code is open source and transparent. Although it initially tried to solve the problem of whales by applying initial allocation caps, the cap was canceled and invalidated in the case of additional purchases The Future Roadmap was not clearly highlighted.
Pros
- Its public blockchain has 4,000 transactions per second (TPS). It can process more transactions.
- Blockchain has extremely low latency. In it, a value can move in 0.5 seconds.
- It uses base level administrative built-in controls and transparent processes to determine how users can interact with the network, including arbitration, as a service, and sets code-applied standards for network custodians.
- It has 21 block producers based on votes and a fixed number of 30 standbys. All block producers are paid the same amount and 50% of the block producer rate is paid on all standby.
- There is no transaction fee.
Cons
- The Future Roadmap is not highlighted clearly.
