So I don't think it's legit to say that it does 50,000 TPS when all signs say that Solana crashes at over 300 real TPS exclusive of its own consensus messages.
It's probably more accurate to say that Telos has 42 paid & elected validator nodes with 21 in any particular schedule but rotation among them.
For Telos tx fees, it's no fee / 0 for native and then currently around $0.05 for tEVM.
That's a good point, insider! It is helpful for the growth of vlx to question now! Let all fans who invest in vlx understand its advantages and disadvantages!
Hi Admin, could you clarify this?
- Fork of Solana with full EVM compatibility built on top - Competitor of Ethereum 2.0 in performance; - Fast optimistic finality (1.2 sec); - Highest throughput; - Ultra-cheap transactions (you can make thousands of transactions for $1); - Bridges with all liquid EVM chains. -High throughput. More than 50,000+ transactions per second. -Resistance to various types of attacks. -DPoS consensus based on VLX tokenomics. -Support for applications written for the Ethereum ecosystem. In other words, support for Metamask, Solidity Language and Ethereum Virtual Machine. -New level cross-chain interaction. Fully decentralized custodian and management of assets of different blockchains like Bitcoin, Ethereum, ZCash. -Decentralized and autonomous storage of user secrets and secrets managed by smart contracts.
/informatin
MAIN USE CASES: ✅Smart Contract for DApps, Cryptocurrency, Internal products, Wallet🔥 Velas is the first AI-operated delegated proof of stake blockchain, that allows building decentralized applications and smart contracts on its mainnet, and ables scalability of the transactions. Why you should believe in velas, What Velas makes special? -AI integration -Advance Smart Contract for DApps - Multi-currency Wallet - Interoperable Network - Delegate Staking - Future Proof Blockchain NetworkMain use case -Smart Contract for DApps, Cryptocurrency, Internal products, Wallet more use cases in the future.
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