Category Archive : Exchanges

Governance.rocks has 1 new voting and 1 new bounty

Governance.rocks is currently having 1 new vote and 1 new bounty.

Voting has to do with Stakegrinding, which in simple terms means that someone is able to get much more staking rewards than he should and which was reported by TELOSNEWS.COM in an earlier article.

This problem can be fixed immediately, and it can be done in two different ways.

The hard way is that a new fork is needed which means that all the nodes and all would need to be set up again for the new fork.

The easier way is to simply turn the staking off completely. No staking, no rewards, not even for the stake grinders, but this means no staking then.

However, since Telos anyway has 70 percent of its coins locked to master nodes, and damage isn’t that bad, instead of doing an immediate fix, the problem can be fixed next summer when next fork is anyway going to happen.

Personally I think this problem is such a minor one, and we can expect more similar-sized problems to happen in future, that I don’t really see sense in fixing every small problem with such heavy features but let the problem exist until next natural fork and while that happens, fix the small problem along.

You anyway now have a chance to voice your opinion by picking one of 4 options:

  1. Fix immediately by removing staking.
  2. Fix Immediately by making a new fork (requires reinstalling all nodes)
  3. Wait until next fork, but fix it by removing staking completely.
  4. Wait until next fork, and just fix it.

The second new one in governance.rocks is a Donation bounty for marketing.

Telos is going to be listed at biki.com exchange, and instead of usual just get listed, this time plan is to list Telos by specific timing (decided mainly by biki.com), and by a marketing campaign.

Marketing campaign, however, costs, especially when idea is to place banners at places like MNO and coinmarketcap.

Therefore if you like the marketing campaign to be bigger, you now have a chance to donate to it.

As an additional incentive, I myself promise to donate 1 telos for every 2 Telos put to that bounty up to 100 000 Telos by the last day of this year.

Right now there are 100 000 Telos, so on the last day of this year I will be putting 50 000 Telos there more, but if you readers put there another 100 000 Telos still, then instead of putting just 50 000 Telos, I will be putting 100 000 Telos there.

Hurry up and fill up that donation Bounty!

Graviex Exchange dropped extra digit out of Telos price

First, the last four digits on the price of Telos at Graviex were 1030, and then just one hour later, the last four digits were 0105!

What had happened, did the price crash? No, Graviex had just dropped the extra digit from its Telos price, so price actually went up.

Yep. Graviex has this system where it instead of using 8 digits after the full unit has 9 digits. This means that as the 8th digit is commonly called Satoshi, Graviex’s last digit is actually 0.1 Satoshi.

This is good for coins which price goes around 1 Satoshi since people can still make some profit without price reaching even that 1 Satoshi, but for coins with higher price, like Telos, this can be confusing to many who haven’t got used to it as they might look price has become ten times better than before when in reality it is just the same as elsewhere.

But no worry anymore, since Graviex gives an option for Coin developers to request removal of this extra Graviex digit, this is what Pascal did, and now price even in Graviex is based upon 8 digits instead of 9.

Notice, however, that to execute this digit change Graviex had to cancel all active orders. So if you were trying to buy/sell anything, your order has been canceled and you need to place the order again.

DelionDEX exchange lists Telos/BTC pair

Delion Coin has set up its own decentralized exchange DelionDEX Exchange just recently, and what a better way to start an exchange but by including Telos as one of the traded coins, and this is exactly what the DelionDEX Exchange has just done.

It might be they are still small and only starting yet, but at least they have more promising start than some bigger exchanges like Binance who still don’t see what coins they really should be listing, but instead they keep constantly adding some sub-par coins while at same time calling through twitter for coins like Telos is.

Those of you who like to support something new, you could consider going to DelionDEX Exchange to trade some Telos.

All set and ready and first trade, probably test one, already done. Now it is time for the next ones!

Malta Rumors

As reported earlier, Pascal was in the Malta Blockchain summit.

From this meeting, Pascal have already talked about some things, and here’s the summary:

Pascal have now made some new friends all the way between US and Dubai.

Then there is some IEO token based on ETH-XBTX about to become that will be released on Bitdorado. Since things are still kept a secret regarding this token, TELOSNEWS.COM doesn’t have anything else to tell you about that topic.

If I understood right, Pascal is actively looking at the possibility to whitelabel nodes in the network so that without permission you couldn’t be running nodes. Will this be the future of Telos/XBTX, I suppose the future will show and will also be up to voting. Regardless, It seems Pascal is already starting with Birake DEX White labeling although fork of Bitshare is already in the works, and with some extra unspecified surprise to it.

Pascal also mentioned some coins that he is planning to integrate into Telos, as long as these coins are willing to. Idea is that these coins have only one use case which is same that Telos already have as a use case too. Therefore it would make sense for them to instead of running their own use-case to join forces with Telos and have a chance to expand to much further than their single-use case allows them. He mentioned three coins specifically: Aliencoin, abay, atube.

Pascal also mentioned having talked with several agents, most of whom worked with multiple exchanges, and he’s eye got especially caught on www.biki.com, which seems to have a good amount of trading going on there. Will this soon be a new exchange for Telos, I guess we will soon find that out, or if not, then after a long time of wait we realize it.

Pascal had also met with Wirex, and while listing seemed possible, it did seem too expensive to do at this moment but worry not, Pascal already had a plan on how to target towards listing in unspecified future time.

It also seems he is convinced that in the next convention he will be ripping BSV into pieces by showing Telos use cases and the next thing to check next is Dubai as he has some friends there.

Ios Wallet is about to be free and is right now waiting for Apples approval due to their new updates again.

And as the last thing. The final Model of Bluephone should already be waiting to be cleared from customs. Might not be that long anymore that we have a chance to get one.

Meet Pascal, WhiteBit, and YourBrainOnBlockChain in Malta – for free?

On November 4-8th there will be Malta AI & Blockchain summit held in, well, Malta.

In addition to AI and Blockchain, that are already mentioned in the name, it will also be about Quantum Technology, Big Data, and Internet of Things.

This event will be attended by WhiteBit Exchange (7-8th day only), Pascal Papara, and YourBrainOnBlockChain.

And hey, what do you know. You have a chance to be there too!

for Whitebit Exchange is planning on giving 20 free tickets to people by randomly drawing winners among people who are signing up for the draw.

Ah, but what a bummer, the trip itself is not included, just the ticket.

Lucky Seven Monday Article: “Transcendence progress made buzz again! Highlights and report” been out for a week now.

And TELOSNEWS.COM is still not telling you about Todays Monday Article, which isn’t out yet, but in case you missed the previous week’s Monday Article by Lucky Seven, then now is a good time to read it before he releases today’s article.

While TELOSNEWS.COM was a bit away for the last two weeks, Lucky Seven happened to be writing about the latest Transcendence progress, therefore keeping you guys updated on things which TELOSNEWS.COM wasnt during this time.

This article covers news about Polispay, Whitebit Exchange, Update on Future Blueboxes, MNO having added all Telos Tiers, Cryptocurrency checkout, and Midas Investment.

So there, go and read for yourself:

CryptoAcid

Publish0x

Minds

Steemit

Medium