For some time already Pascal was talking about top 5, top 10, or something, getting VIP status in Bitdorado Turkey. and now, about two weeks ago, it became a reality.
The idea is the following: Instead of top some fixed number, Pascal decided that top 10 percent of users will get VIP status in Bitdorado Turkey.
What does this VIP status mean? Well, that is a very nice thing, it means that whether you have reached TIER 5 requirements or not, you will get all the rewards from all the Coin & Grow pools like you would have reached TIER 5 (the highest TIER).
This means that currently for example you would get 8 percent monthly interest to Telos and XBTX and for example 6 percent monthly interest to BTC Coin & Grow pool.
To become top 10 percent means that you need to have more Teloscoins in Telos main pool (not the Coin & Grow one) than 90 percent of other users have.
Pascal said about a week ago that currently the last one reaching the top 10 percent has a bit over 3 Million Telos coins there.
However, there is a better way to reach the top 10 percent too, for you could invite all your friends to join Bitdorado Turkey, with a hopefully small amount of coins. Let’s just 10 times multiply the amount of Bitdorado Turkey users with small investors, and all of us current Bitdorado Turkey users can be on the top 10 percent without needing to add any more Teloscoins to the Telos main pool.
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.
Well, sometimes news don’t travel so fast. Yesterday I was still planning on writing about how Coinopsy had listed Teloscoin to their “dead coins”- list, and now they already removed it from there.
Unfortunately this all happened at the wrong time since I was on a trip and I didn’t get to get even any screenshots about Teloscoin being on the dead coins list to show here.
Anyway, Coinopsy is a place that has started listing dead coins. Naturally actually finding out which coins are dead is very resource-taking, which I doubt they have, and hence they have this form where people can report about dead coins.
And while I have no actual knowledge, I suspect this is how Teloscoin ended there too, probably form filled by some certain group of people, and then Coinopsy happily listed Teloscoin as a dead coin, If I recall right, under “Scam or Other Issues”-category, which probably means that it was claimed to be a scam, pointing suspicion even more towards this before mentioned group of people who been shouting this scam accusation for a long time already.
However, it seems Coinopsy is interested in actually keeping their list accurate, and after being contacted about Teloscoin, they did remove it from the dead coins list.
