You might have noticed that one of the Pools in Bitdorado Turkey is Klimatas (KTS) coin.

Well, about two weeks ago this Coin has been taken over by Transcendence, or, to be more precise, by Pascal and BitCoin_Bond_007, meaning in practice it will be part of Transcendence now, although technically perhaps not exactly.

Original Klimatas coin, as the name already suggested, had to do with environmental values, mainly focusing on sustainable development, and concretely they for example had this idea about a Cryptoforest, which meant that through blockchain technology, you were able to plant real trees.

Drawing connections between dots, their whitepaper mentioning it took a year for them to get EU regulations done and their final message to their community after the change in leadership, it gives me a picture that Pascal’s way of preparing for all the future EU regulations first as a foundation have been the right choice since seems like trying to figure out how to get those regulations in place in practice was what pretty much killed Klimatas old leadership. that instead of being able to focus on getting more trees to the world, they had to focus on how to get those regulations in place for those things you make from trees that tend to make people happy when they get and use them.

New Klimatas will likely change its focus a bit. It will still be a do-good coin, but instead of focusing on planting new trees and stuff, Klimatas will likely take its focus more towards kids and young people, this according to a discussion I had with BitCoin_Bond_007.

The integration to the Transcendence world has basically already started even before the takeover since as mentioned at beginning of this news item, you have been able to join Klimatas Pool through Bitdorado Turkey for some time already.

In addition, after Telos upcoming change to full POS, blueboxes won’t be able to run Telos master nodes anymore, since there won’t be any master nodes in Telos anymore, instead, blueboxes are planned to start running Klimatas master nodes. Hence, if you own one of the blueboxes, you are already without doing anything getting yourself involved with Klimatas coin.

And Klimatas (KTS) coin will also be accepted as a payment option when buying a bluebox.

According to BitCoin_Bond_007, There are plans to integrate KTS in the future for even more to the Transcendence ecosystem, but right now this is where it starts from.

As “Lottery Block”-voting passed (haven’t told that to you yet), while doing the change to reflect the addition of a monthly Lottery Block, why not vote about other Telos Fundamentals too to see if some more changes should be done at the same time, especially when considering that the latest halving came by surprise and hence no voting about fundamentals were done.

Dashboard therefore now has two votings:

One about POS/MN split, and another about The Master Node collaterals.

Masternode Collateral options are following:

1. 1K / 10K / 30K / 1M / 3M
2. 1K and 100K
3. only 1K
4. only 100K
5. only 300K

Right now the option 5 is winning with 767 votes, and the only other option that seems to be having votes is option number 4. However, due to how the dashboard displays those votes, it is difficult to say how many votes number 4 has, maybe 50, so well behind option number 5.

This Masternode Collateral voting however might not have any relevance in the end, since the other voting is about the split between POS and MN.

POS/MN split options are following:

1. 50/50
2. 30 POS / 70 MN
3. 10 POS / 90 MN
4. 90 POS / 10 MN
5. 100 POS

Option number 5 means there will not be any Masternodes anymore, but only Proof of Stake, which by other words mean wallet staking, and right now it looks like Option number 5 is winning by slide, for option number 5 currently has a whopping 120 105 votes for it and due to how dashboard displays votes, I can’t really see if any of the other options have any votes or just some compared to this option.

What do these changes mean in practice?

well, Masternode collaterals give a different kinds of options. Like currently as we have had 100k – 10M nodes, it means that entry to master nodes is a bit expensive compared to 1K nodes, and such high options like 10M seem to have also contributed to having perhaps even too few nodes since the network has had problems every now and then.

Few nodes however is not automatically a problem.

having only for example 100K nodes, would increase the number of nodes, and keep things simple, since each node is always just that 100K, and also theoretically increase network stability, however, in practice it also tends to mean that people who want to run 10M worth of nodes (that’s hundred 100K nodes) might look at cheapest possible options, which in practice results in bad nodes, and bad nodes result into a bad network.

When it comes to POS / MN split, this naturally affects the appeal of running nodes. Less for MN, less appealing it is to run one, which naturally affects the number of nodes.

However, especially since now the 100 POS option is most voted, which I personally hope will win, I will point some pros and cons about that.

One bad thing is that currently Blueboxes are at least theoretically running a Telos master node. With 100 POS, they might not be doing so anymore. So those rewards might be gone for the bluebox owners, although there isn’t really any reason why blueboxes couldn’t change into running 24/7 wallets instead to support the network, except as far as I have understood, blueboxes are not running master nodes currently, but owners have anyway been paid the amount of Telos they would have received if 100K masternodes had been run on them.

Another bad thing is that Telos will lose some visibility, for example places like masternodestats.info list master nodes and their profits, but if Telos moves to fully POS, will masternodestats.info update its system to also show full POS Telos, or simply remove it from the list?
While masternodestats.info, I hope, will update POS Telos to its list, many other places might not.

To me, good things however outweigh those bad things like possibly losing my Bluebox Telos income.

For one thing is that POS is very simple. You just keep your wallet open and Telos inside it and you can get more. This is very beginner-friendly compared to running master nodes where just setting up one takes a lot of know-how, and on top of that if you don’t know what you are doing you might end up messing the whole Network, like happened with Telos 1 when we had over 10 000 Master Nodes in the network and many of them were run by noobs or people who didn’t care but just tried to squeeze every penny out of it with the cost of network stability.

This beginner friendliness might well attract some new people into Telosland since you buy some amount of coins and they start getting more very easy.

Another problem solved is that Teloscoins codebase is based upon PivX, and as far as I have understood, there seem to be lots of bugs in PivX code that haven’t really been fixed by most of the PivX based coins. And to my understanding many of these bugs have to do specifically with Master Nodes.

One exploit bug was actually tried to be fixed in Teloscoin once, but since not enough master node owners started running the new fork, the new fork couldn’t get off, and hence the fix never happened.

Which also gives one more reason to go to full POS. Who says we have enough master node owners who care to update to the next fix fork either?

Of course this doesn’t mean that wallet users will do any better, but at least it is easier to just update your wallet and start it, than setting up an updated master node. So my guess is getting new forks with changes in effect will be easier with full POS, and we already know that at least master node owners failed us once.

If you are not happy with how voting is going on currently, or if you wish to make sure it goes as it now looks like, now is the time to go to your Dashboard to vote on the options.

You have time to vote until 5 pm (UTC) on the 29th of October, which is roughly one week from now, and each vote costs 1 Telos, and you can cast as many votes as you like to the options you like.

edit 25.10.2021:

According to the username halalsolutions message on bitcointalk thread “old Transcendence ANN”, it seems my understanding of Blueboxes mostly not running Telos master nodes anymore was confirmed.

However, it would also seem that my understanding of the basis of today’s bluebox payments is wrong.

As said in the article, I thought the basis on payments was on “virtual” Telos master nodes, but appears, according to halalsolutions message, that the basis has been in some sort of storage renting system, probably something similar, if not the same, to what Project Alexandria is supposed to have in Blueboxes.

When in the article I said that full POS could remove bluebox income, halalsolutions seems to think it could rather triple the bluebox income since according to him, bluebox rental income is based upon the collateral represented by blueboxes, and full POS would mean more income since blueboxes represent most of the collateral. I don’t know if halalsolutions is right, but my guess is that halalsolutions is better aware of the system than I am.

When I noticed I had missed one of lucky 7s articles when I was updating his article links, I noticed another oversight of mine, I had missed telling you about Onat 42s last two Vpiggy tutorials.

Onat 42 did some good tutorials about using Vpiggy to save you all the trouble of figuring those things out yourself, that if you are simply just wanting to get one of the specific things done with your Vpiggy, Onat 42 saves you all the hassle by simply telling how to get them done.

So far he has written following Vpiggy tutorials:

vPiggy – different types, different purposes different ways to get (this is helping in choosing which vPiggy model to get)

how 2 Update to the newest Version (will be updated with every update) / how to install the latest bootstrap

#3 How to set up a 3rd party wallet on the Piggy

#4 how to prepare your Wallet on the vPiggy correct for the best staking result

These articles could be extra helpful now that with the price of Telos being so much down right now, I am quite confident that vPiggys are world cheapest option for Virtual Computers, for normally you might need to pay 30 euros a month from a cheap version only already, and here you have a one-time payment option of just 35 000 Telos (if you are Bluebox owner), which is roughly 2-3 months virtual computer rent, and you already covered the cost for life.

I am no expert on Pads, hence I am not even going to try to give you detailed info on whether this is better/worse than Kindle, Ipad, or any of the less than 50 Euro pads from markets.

I can just suppose that this is made to last better than those cheap Pads, and probably also has more power, for since part of the idea is to run Master Node in this, and it should be even suitable for mining – I suppose at the same time, then it can’t be ultimately unpowerful to be able to do so like the cheap market Pads to my knowledge are.

Gaia CryptoPAD has been a long way coming, already mentioned in the Telos discord channel in 2019, and now is finally here in that you can start buying them and deliveries start already roughly a month later, estimation being at the end of this month.

What Gaia CryptoPAD offers compared to other Pads is that it is aimed at Crypto stuff. Hence it will be suitable for running master nodes, as well as all Transcendence stuff, like keeping Dashboard open for 24/7 and even kept beside your bedside turned on to show what is happening in dashboard continuously, which is actually the reason why Dashboard was designed with its Orange color theme since it has been noticed that orange color display doesn’t bother the sleep the same as for example blue colors would.

For the first 100 CryptoPAD orders, there is some special included:

First is the 100k Telos coins that you can use to set up your master node to run with your CryptoPAD.

Another bonus is that first 100 CryptoPADs will also include a random standard card deck for Cryptomages.

How much worth is this standard Cryptomages deck is difficult to say since this is the first time I hear it being announced that this standard deck can be bought at all.

Naturally, the idea would be that when you buy CryptoPAD you would eventually make a profit – two different ways this time. If the price of Telos jumps back to 1 cent for example, you would already be on the winning side with the included Telos coins. Although you could argue that for the price of CryptoPAD you could already at current price buy more than 200k Telos Coins, wait for the 1 cent price, sell 100k away, and you would have more than the cost of CryptoPAD in Euros in your hand, and in addition, have the 100K still left for the CryptoPAD, making you be in an even better position than by directly buying CryptoPAD you had been.

But mystery is still if the value of those Cryptomages card deck is worth how much now and in the future, and will they even be available through any other method than through this.

To see more about technical details about the device, check these pictures about it and also the selling pages, notice also the docking deck in the article’s main picture which is optional to buy.

Or, you could also use it as your Point-of-Sale device which would accept both Crypto and FIAT payments, so when compared that at least here you need to pay several tens of euros a month from a card reader machine, and this is just a one-time payment, it could well be worth as an alternative or additional device to your card readers for your business, especially to prepare for the Crypto payments future.

The price of Gaia CryptoPAD depends upon where you buy it from. Roughly price is somewhat shy of 1 000 Euros when taxes are included in the price. If ordering to outside of the EU, you could get it even as low as only 750 Euros the cheapest version when taxes are not included. The optional Docking station will cost roughly 100 Euros more with taxes included.

Currently there should be three places where you can order them from, although one of the places I couldn’t confirm to be actually selling them.

Halal Solutions sells Gaia CryptoPAD for 899 and 999 Euros (with dock), probably excluding Taxes and from Halal Solutions you can only buy with FIAT money.

To buy with Crypto Currencies, you can turn towards Blueboxing.net, which is selling Gaia CryptoPAD for 755,46 and 839,50 Euros (with dock), excluding taxes.

The third place to buy, probably for Germans only would be Peerschweinchen.de, but at least when I checked its shop, I couldn’t find Gaia CryptoPAD from there, so what is the price, or is it even available, I cant confirm, I can just say that Halal Solutions sale page mentions Peerschweinchen as one of the places to buy Gaia CryptoPAD with Cryptocurrencies.

It appears we have a new roadmap for this year ready based upon that Pascal tweeted it, well, actually not so new since this was tweeted already a month ago.

It appears to be very similar in style to the previous Roadmap for 2020 in that it tells only about some technical things and mainly leaves all the fun stuff out, like Cryptomages. But then again, Cryptomages didn’t come out in 2020, so maybe it was for accuracy.

When reading this roadmap, it is good to compare it to the previous one to have some idea how well these plans will come together. I would say, without actually thoroughly checking it, that about half of what was in roadmap 2020, did happen, and then another 1/4th happened in some different form than originally planned, and another 1/4th didn’t happen. So perhaps this is what we can expect from this one too.

But what is there now:

TELOS WALLET isn’t really telling us much anything. It mentions there are going to be two votings, one about Telos fundamentals (rewards, collateral, split) and another about a hard fork, which actually sounds pretty much the same as the first one, except that it adds voting about magnet links, which seems to be connected to the third thing mentioned, which is to add Transcendence Cloud to wallet I suppose, although the wording is just talking about adding magnet links to use in Transcendence Cloud (which it says will be voted on hard fork part?)

In short. Seems the plan from technical stuff is to add Transcendence Cloud (used to be Amicloud) to Wallet and add a Magnetic link feature to be able to use it with the blockchain. And non technically to have votes about telos fundamentals, which will probably happen through Dashboard actually, although they technically are Wallet features.

XBTX WALLET section mentions only DYNANET being added, more about that in the DYNANET DEX part.

XBTX ASSETS section mentions a couple of Assets that are planned to be created using the XBTX Asset creation system:

AML token is for the AML-Now KYC system
BAM (Brick And Mortar) is meant for real estate stuff
EUREX is to my understanding Euro Bound token, meaning the price of one Eurex should always be exactly one Euro
CO2 token is meant for Greenbox (a different version of a Bluebox).

DYNANET DEX tells in more detail about the DYNANET that is mentioned in the XBTX Wallet part. It is planned that next month first trusted nodes will be put up for this Dynanet DEX, and I suppose these are the same trusted nodes that I have mentioned in “Telos R – What is it?”-article, which also tells you more about the part where it mentions Telos R as one of the roadmap features in DYNANET.

It also mentions that DYNANET will have Crosschain feature that will be used by bitdorado, probably meaning that Bitdorado could be used as an exchange basically.

Swap & Merge part I leave uncommented, since I am too unsure what exactly it is talking about.

TRANSCENDENCE DASHBOARD tells about stuff that has actually partially been even done already (I saw the first work-in-progress version of this Roadmap already at February I think). It mentions built-in KYC, which might be the AML there already, or maybe something else, Built-in Masternode hosting, meaning you can easily set up master nodes without tech-how just using the dashboard, and hash power renting using the dashboard, which is basically the same as we have in Bitdorado already but would be doable directly from the dashboard.

Cloud I suppose is the same as Transcendence Cloud in the TELOS WALLET section, and Multiservice is just vaguely without details mentioning that there is a plan to merge Indiego, Cloud, and dashboard all into the same. That basically I suppose Indiego store would work through the dashboard. Last, CO2 token is mentioned again, as it was mentioned in XBTX ASSETS already once.

GENERAL UPDATES mentions built-in arbitrage trading, does it mean that users can do it automatically or something else, is not told. Tax reporting is mentioned, and have also to at least some part even added to the dashboard already, I myself used it for end of year tax reporting already. And then there is mention of antifraud on the on-chain analysis level. I am not sure how exactly that works, but I guess this vague description gives already quite a good idea of the general idea.

This is the plan, and hopefully it works out fully and more stuff comes too. Based upon how the 2020 roadmap happened, I suppose we can expect quite many of these to become reality and some more stuff too that are not mentioned here at all.

Another Lucky 7 article has come out. This time telling about Bitdorado Turkiye a bit as well as about Bluebox Turkuaz editions.

Basically the same stuff you have read from TELOSNEWS.COM, but instead of having to read multiple articles, all this info is combined into just one article.

You can read the article from

Cryptoacid

Publish0x

Steemit

Medium

When you put Piggybank to a cloud and get a Remote Desktop Access to it, what do you get?

Well, I admit I at first missed it myself since I was just looking that you are getting a Piggybank on a cloud with a remote access, which is exactly what it is, but what I missed at the start was that there is actually a more familiar name to this kind of access called Virtual Computer or Cloud Computer or Remote Access Computer or…

And when I realized that, I understood what a great deal here is on offer for Telos users.

For only roughly 100 Euros with the current Telos price, you are getting a lifetime Cloud Computer access. This is dirt cheap. Or I would actually argue more expensive than any other deal, for, after all, next day you could have sold those 35k Telos for 35K Euros. So you decide if it’s dirt cheap or extortion. Is it 100 euro bargain or 35K Euros of lost profit.

A couple of years ago I was myself looking at getting a Remote Access Virtual Computer since I was having difficulty getting connected to some specific websites, and on holiday vacation we noticed the vacation place had an excellent connection to those websites, so I started looking at getting Virtual computer from that precise location, and I did find they were for rent, but the price was much more than the one-time payment of 100 euros, for it was much more than that each year.

If you are asking from me, this a real killer deal for anyone already owning one of the Telos products that lower the price to 35K Telos in case you are looking for a Remote Virtual Computer access. I would have jumped to a deal like this couple of years ago had one like this been available.

In addition to this Virtual Computer, you could use this simpler way too. For one thing you could do is to simply use this as a wallet for different coins.

The good thing about this is that what I have learned when using my own Windows machine as a wallet, sometimes something might cause some unexpected behavior, for example, my Antivirus decided to automatically erase my wallet.dat file, since it decided it was a suspicious file (I guess it figured Telos price was suspiciously lower than it should be). Well, good thing I had a backup, except it deleted that one too. But luckily I had also one file named differently than wallet.dat, and that one my antivirus didn’t recognize.

Anyway, that is just an example of what could happen, and one way to likely prevent something like that is to use Virtual Piggybank as your wallet machine.

And as long as you don’t use it for anything else but as a wallet, you are likely going to be able to avoid all the hackers getting into your computer to steal your wallet.dat files, etc.

So it can be pretty good solution from security point of view as well.

Not to mention that part of the service is that every 30 days there will be a backup done of your virtual piggybank, so even if something nasty would happen, you wouldn’t lose more than 30 days of stuff done (although I still recommend you make backups for yourself manually too, especially since the newest auto backup will replace the previous one always)

The next possibility, which is also interesting from a cost point of view, is that you can actually use this to mine some coins the same way you can use the previous Piggybanks that were sent to you.

This means that basically you could buy this already just in case you happen to ever need a virtual computer, and while waiting for that, simply use it for mining, and at point you finally need a virtual computer, you might have actually made more money back than you ever used to buy it.

All in all, a very interesting product for many different needs, even at start it doesn’t seem like much. Just another piggybank until you realize it isn’t.

Now do notice couple of things however.

First of all. Sad thing is, if you do use this as your wallets, it, unfortunately, works the same as with your home computers in that you do need to update the wallets yourself. ARES will simply provide you with Piggybank and access to it, but other than that, for security reasons, they won’t be able to touch your virtual machine, so you have to touch it yourself, including updating your wallets.

But at least Virtual Piggybank does come preinstalled with XBTX and TELOS wallets, so the first time installation is saved from you.

Also, the Operating system is Ubuntu 20, which might be good or bad, depending on your taste. I would myself have preferred AEROS.

But other than that. What a great deal!

The pricing starts from 35K or 150K Telos. Idea is, if you don’t own any Telos product suitable for discount (Piggybank, Bluebox) then the price is 150K Telos.

If you do however own Bluebox or Piggybank, then the price is only 35K Telos (dirt cheap, except of course you are losing huge profits that you would have got by selling those Telos a week later).

There are currently three different options. Piggybank S, M, and L, S giving the least and L naturally the most.

S is 35K/150K and includes 2.6 GB Ram and 60 GB Hard Disk space and 1 Virtual Core,

While L version is 80k/250K and offers 8GB Ram and 250 Gb Hard Disk Space and 2 Virtual Cores.

35K is actually not even the cheapest price, but there are some other discounts available too, like if you are a Bitdorado Premium Member. But you can find more details about those from Peertoro.eu Virtual PiggyBanks order page, where you should anyway have hurried up already at halfway this article.

Cryptocompare.com have took a notch up on quality of their articles by releasing an article about Teloscoin.

Sadly it seems it takes a sponsored article to make them finally write something worth writing about, but regardless, they finally did it, they wrote something worth reading.

The article mainly tells about VIM3 boards, which all the good news medias have of course already reported about a long time ago, but it also gives some brief mentions of other Telos things, so well worth a read.

Just today it was announced in the Discord channel that there is now a Master Node competition going on for the next 10 days.

The competition idea is to get Telos nodes to spread all around the world to have a more stable network.

To achieve this, or to at least find out the current situation, anyone with a Telos node can now win 1000 Telos, as long as it is located in a country that hasn’t been listed as a winner yet, excluding Germany, and as long as we are talking of a VPS or own server, so that excludes Blueboxes out of the competition as well.

There is one winner per country, but the same person can win a prize from several countries if he is the first one to tell that he has a node running on a country that has not been claimed yet.

However, it is not enough to just say that you have a node in some country but you need to prove it, and in addition, this node must have been running for at least 7 days.

However, since this is a 10-day long competition, it means that you could actually set up your node to one such country that has not been claimed yet and then 7 days later claim that prize, supposing of course someone else does not do that before you.

To prove that your node has been running for 7 days, it has to be seeable through https://masternodes.online/ or https://explorer.teloscoin.org/ or https://masternodestats.info/

And to claim for a win, you need to do that in the Community Discord I suppose, or at least that is where the first ones have done so.

At the time of writing this, which is roughly 1 hour after the competition was announced, 5 countries have been claimed so far: the USA, Canada, France, Finland, Poland.

And you thought TELOSNEWS wasn’t keeping an eye out for you on new Alejandro Finol articles? WRONG! TELOSNEWS have kept eyes on him all this time, even on this two months ago published article where he talks about Telos and Corona and Bluebox Corona offer, which you should notice that the Corona offer is basically not available anymore, although, you might ask from Discord username Bitcoin_Bond_007 if you might be lucky to get one from him still.

To read the article:

STEEMIT

MEDIUM

It seems Alejandro Finol, whose articles we have previously told you about too in TELOSNEWS.COM in here and here, have now upped his game a bit.

Not is his text slightly more readable than before, but he is also writing a very timely article in which he advises to buy Telos now to make some quick profits since he gives some proof about how it is likely that 100 SAT is the bottom, and how it is likely that from this point on way is only up.

Well worth reading and also sharing to your friends who are interested in Cryptos but haven’t dipped their toes into Telos coin yet.

Read from one of these places:

Steemit

Medium

Bitdorado isn’t yet open the way other crypto exchanges are, but parts of it are already opening, and OTC (Over-The-Counter) Trading is now available.

What this OTC in Crypto World, and specifically in Bitdorados case means is that you can send an offer to buy or sell some crypto coins, and bitdorado will send you an offer about what price they are willing to do the trade for.

Idea is that normally when we are talking of, especially, low volume coins, if you try to buy a bigger amount the problem is that the price goes up because there aren’t many coins on sale, or if you want to sell many at once, then the price goes down since likewise, there aren’t that many sellers either.

By doing Over-The-Counter trade you are doing the trade outside of any exchange and you will be doing the deal directly with Bitdorado. Hence your deal won’t affect the price since either the coins you are buying are not available through any exchange, but they are given directly by bitdorado from their big bag of savings not visible to anyone, or likewise, bitdorado will pay you euros directly from their pocket, in which case none of the sale orders available in exchanges are being filled, since once again, your coins will end up directly to bitdorados big bag of coins.

However, do notice that currently Bitdorado demands that OTC deals need to be valued at a minimum of 5 000 Euros to do them.

Notice also that if you are a Premium Member of Bitdorado, which should be available for 400 000 Telos now that the cheaper 200 000 Telos memberships to my understanding are already gone, then instead of asking an offer from Bitdorado, you can make the deal based upon Coingeckos current price.

And do notice, if you have one of the eligible bitdorado edition items, like bluebox bitdorado edition, you are not eligible for this membership OTC offer, since the bluebox you own is the member, not you yourself.

Bitdorados OTC-trading offer is available to both Buying and Selling, although the form shows only Buying as an option. But it doesn’t really make a difference since to sell for example TELOS against BTC, You just choose the “Buy BTC”-option and Buy them with TELOS, making it the same as selling your TELOS against BTC.

Available currencies to trade currently are:
TELOS, XBTX, AML, LEDLY, VEND, BTC.

FIAT currencies are planned to come to the mix in the already near future, but I guess that will depend upon getting licenses to do so first.

It was announced that Coins can now apply to get listed to the upcoming Bitdorado exchange.

Listing to Bitdorado will also result in being listed to pools, instatrade, OTC and bots. And also being added to Piggybanks and Blueboxes when applicable.

Listing can either be done against a fee, which varies from coin to coin, or coin can try to get listed through being voted, which actually costs too as voting costs and could in worse case cost even more than simply paying the negotiated listing fee.

If someone is interested in working as an agent to some coin in getting listed, this agent will get some percentage of this listing fee to himself, which is nice.

This also reminds me that those with Bitdorado memberships, either with having paid for one, or having got it otherwise, like from one of the bitdorado edition blueboxes, will also get a share of the listing fee if I have understood right.

Biki Exchange has done a very nice interview video about Pascal regarding Telos.

While the Video starts bit slow (if you are impatient, consider skipping first 4-5 minutes), it is well worth watching since at point it finally starts getting to the point, it tells us even things we didn’t know before like Pascal tells a lot about Hive browser and related, including things not told publically before.

Other things he tells about in this Video are PiggyBank, Cryptomages, Kryptobay, AmiCloud, Bluebox, Access to Quantum Computers, Greenbox, governance.rocks.

All in all, you could say that this video works as a very nice second part video for the Introduction to Telos video that we told you about in an earlier article since there is surprisingly little overlapping between these two videos and while the introduction video is mainly concentrating on things already here, this video tells a lot about things coming in near future.

Basically if you want to introduce someone to Telos, I would first show him the previous video, and right after that, this one:

copy-paste link: https://www.youtube.com/watch?v=gIIHxVNxd3I&feature=youtu.be

Here is a slight confusion available for you all: xMiner is a hardware device meant for mining, while xMiner v2 is actually a software meant for mining at Bluepool.

Bluepool have been mentioned before too in TELOSNEWS.COM but what all Bluepool will hold is still to some extent a mystery and previous reports might have some errors in telling about it.

xMiner v2 is software for Windows (64-bit version only) that enables the user to mine with CPU or GPU in Bluepool specifically.

However, since Bluepool is a sort of insiders club where not just anyone can get access to so it would stay nicely profitable, you cant just download the software and start mining, but your wallet needs to get whitelisted first to get the access to the bluepool.

To get your wallet whitelisted, you either need to have bought one of the eligible things from Transcendence Project, which currently would be a Bluebox, xMiner (the hardware one), Piggy Bank v3 (for a limited time only), or you need to buy Bluepool Membership which currently costs 476 000 Telos and if announcement is to be trusted, will be climbing all the way to the price of 1.6 Million Telos soon, making it even at this point already, let alone in future, much cheaper to simply buy yourself one Bluebox to get the access.

When you are mining in bluepool, 80 percent of your mining power is used for your own mining, meaning that 80 percent of what you are about to get, you will get, and the rest 20 of that power will go to be distributed among all pool members – including yourself.

This is basically good since especially at the point when bluepool is going to start mining more than just XBTX, you will get your share of all these other coins too, meaning that you mine just one with for example CPU, and you get access to a whole load of different coins.

The rest 20 percent is being distributed based upon shares you own to bluepool. For example, if you own bluebox, you will get one share for each bluebox you own, so own 5 blueboxes and you get 5 shares.
xMiners, on the other hand, will get 10 shares each, after all, they cost about 10 times more.

This the situation with the Bluepool currently. If you wish to get on mining, go download xMiner v2 from here, and then you need to request your wallet address to be whitelisted either by contacting the place where you bought your eligible bought from or by asking from Pascal at discord.

Notice that during software testing it was noticed that Windows 10 deleted some of the files after unzipping since Windows defender thinks mining software as Malware, so depending upon your settings, especially on windows 10, you could encounter some trouble, so do it with your own risk and only if you know what you are doing.

So far you could have only mined Bitcoin Subsidium if you had permission from Pascal, but as already announced before, Yesterday, 20th of December, changed that and now Bitcoin Subsidium has finally been publically released and anyone with any equipment can mine it themselves.

Will be seen in future if difficulty to mine will increase or if people decide to stay with Blueboxes, xMiners, and others offered by Pascal.

Anyway, If you like, you can now point even your regular home computer to CPU mining XBTX, although I’m not sure that makes any sense.

Have you bought some Telos related products from Pascal? Like Bluebox, Xminer, Peertoro hosting?

If you did, you can ask for some free wine then.

Pascal has made a limited amount of Telos and Bitcoin Subsidium wine to be given to his customers.

As long as you have ordered something from him, you can head on to Official Discord Channel and choose channel #weihnachten and tell you want one too, or write your address to discord username Bitcoin_bond_007 which is even better, as he will be handling the posting from now on.

For German customers, this offer is completely free, but for the rest of the world Pascal asks you to pay 2 500 TELOS for postage, other than that, it is free for the rest too.

So hurry up and get one for yourself while stocks last still, which I don’t guarantee there is any left even at the moment you read this for this offer been available for several days already.

PolisPay has Epay Debit Bank Cards in which you can load money and use them to pay stuff for example in groceries.

While we are still not able to directly buy stuff with Cryptos, it is only 1-step away from that.

If you have Telos stored in Polispay system, then if you are at grocery store and have internet connection available, you could be said to being able to pay your Groceries with Telos since idea is that you would log in to you Polispay account, and there you choose to convert (=sell) Telos to Euros. After this is done, these Euros will be at your use with your Debit Card.

So almost like paying with Telos even technically, you are paying with Euros.

To make this even more appealing, Pascal has ordered 100 Debit Cards from Polispay with Telos Design.

If you wish to have one of these, you can order one from here (not available to all countries), but do hurry up, for as title already says, there are only 100 of these available and due to TELOSNEWS.COM already reporting about this bit late they might soon all be gone.

You might have noticed that many Crypto Exchanges stopped at the later part of this year. This is because laws have changed and are about to change even more having made some exchanges decide to stop instead of complying with the new laws as it had been too hard or expensive to do so.

At 2020 new set of laws will come to effect that will also collide with some of Pascals plans and therefore some Telos projects in the future will need KYC (Know Your Customer) verification done before they can legally be offered.

Luckily this isn’t so bad a situation as it first sounds.

As many companies, smaller ones too, suddenly need to start performing KYC on their customers, this is clearly a problem to them since it can take a lot of resources to keep KYCing people, especially when profits per customer can be quite a small amount only in some of the businesses.

But when there is a problem, it might also be an opportunity, and so it is this time too and companies like Civic have popped up to solve this problem by bringing not only a win-win situation but a win-win-win situation where all parties benefit.

Civics win is that it now has a business from KYCing people. Customer Companies, like Pascals, benefit is that they don’t need to worry about KYC when they can just pay Civic to handle it. And Customers benefit is that when they get KYCed by Civic once, they don’t need to do that again on any of the services that keep using Civic for their KYCing.

This also means that when you KYC yourself once at Civic, you will in future be able to use any Telos services without KYCing a second time.

If you want to be prepared for the future already, you can go and download Civic App to your mobile from Civic.com and KYC yourself.

So far Pascal has specifically only announced that Blueboxes will get affected by KYC and that you either should KYC yourself by the end of December, or if you don’t wish to KYC yourself, sell your boxes away.

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