As mentioned in previous weeks news item, there was voting about whether to list XBTX to Graviex Exchange or not, and this voting has now come to an end:

And it was successful. 1200 votes were needed, 1201 was given, and option 1, which was “Yes”, was the only option getting votes.

In his comment on Saturday, Pascal mentioned he will contact Graviex about listing XBTX on Monday – that be today.

However, there has been some discussion in the discord channel by community members if it would be possible to instead list XBTX to TradeOgre Exchange. So far this discussion hasn’t gone to a serious level, but it does seem at least some people are thinking TradeOgre as a good alternative, so if you wish to push this idea forward that instead of listing to Graviex, list to TradeOgre, hurry up to Discord and voice your opinion, and perhaps there comes a new vote either to dashboard or in discord.

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.

As I was updating links to Lucky 7s articles since his old Cryptoacid.com had changed to wordpress.cryptoacid addresses I noticed I have actually missed one article from him from more than a year ago.

On may 5th 2020 Lucky seven published two articles, which might be why I missed the other one, perhaps thinking I already released a news item about it when it was actually about the other one.

Basically these two articles are two parts of the same topic, both teaching you about how to use Bitdorado (now Bitdorado Turkey). Articles content has got a bit out of date now that Bitdorado Turkey has concentrated more heavily towards Coin & Growth pools, but it might well be worth a read still since who knows what direction Bitdorado Turkey will take in the future.

For a couple of days now there has been in the dashboard voting about adding Bitcoin Subsidium (XBTX) to Graviex:

To put it simply, one vote costs 1000 Telos, and you can either vote “yes” or “no”.

Usually those voting “no” don’t actually vote, but in case you like to do that, you can, in which case if “no” wins, the amount collected will be passed to the next similar kind of listing a coin to some exchange vote.

Actually, this will also happen in case “yes” wins but there are not enough votes to pay for the Graviex listing price, which is 1.2 Million Telos, or 1 200 votes in votes.

On the 10th of Aug there were 163 votes there, so could use some more love, especially since Pascal is matching with one vote for each “yes” vote, making the community need to vote only 600 votes in total from which 1/4th might already be there.

While I did like it when XBTX was all in Bitdorado only, since it was nice seeing all trades in one place, I however voted “yes” myself too since the idea with this Graviex listing is that it would be the third exchange that Coingecko and similar accept and demand. That the idea isn’t actually so much in getting XBTX to Graviex, but in getting XBTX listed to Coingecko and similars, and they demand 3 exchanges that they approve, and Graviex would be the 3rd one. And this then again opens more opportunities for the conquering of the world for our dear Bitcoin Subsidum (XBTX).

Do notice that basically voting is open until the 14th day only, but in the description it explains that if the vote hasn’t reached its target, then voting will be extended.

Now is a good time to try Dashboard’s new voting system which is much simpler than before. No more manual transactions, but you just confirm you want to vote “yes” or “no”, and the rest is automatic.

Quake Andy might not have been promoting Telos and XBTX lately anymore, but when he did, he was likely the most effort-taking community member at doing that. And once again we have another proof that his work wasn’t in vain for even after almost 2 years, things he did are still bearing fruit as shown by this news item.

Yesterday I received an email I had no recalling what it was that said “A post you voted on, Bitcoin Subsidium (XBTX), has been marked as Complete”. Clicking the link took me to an old thread from almost 2 years ago which was requesting to list XBTX to some place I had no recalling of where nor recalling having voted on this in the first place, except there read this “Delta” there. I am pretty sure Quake Andy posted to Discord forum a link about this and asked people to vote, and I just went to vote and didn’t really pay much attention to it even.

After a bit of searching I finally found out that this was a request to list XBTX to Delta Investment Tracker App, and it had now finally been completed, which I suppose means that they have just now added XBTX to the App.

Trying out the App a bit I found out that this is a pretty good app. You can keep following the prices of not only loads of Cryptos, including Telos and XBTX, but also stocks, currencies, futures, and a couple of other things, and also get notifications about them.

You can also pick some of them as your favorites and see the prices of them all on the same screen, and you can also mix these with several of the different kinds of investments. Like you could favorite all the cryptos and stocks you own, and then simply see all those prices on one screen:

There is also the possibility to add a portfolio, and this can be as easy as adding your wallet there, however, it boldly says “we support over 10 cryptocurrency wallets” so I doubt there be Telos or XBTX wallets there. Similarly on exchanges they tell they support over 20 exchanges.
But, you can also manually add transactions and there it seems to accept Telos as well as XBTX, so although I didn’t try concretely adding any, there don’t seem to be any reason to think it wouldn’t.

There is also a tab to check news feed, which I suppose are tailored a bit based upon which coins and other stuff you favor, so basically, if you favor Telos and there comes some Telos-related news feed to them, they will add it to your news feed tab. What a terrible oversight it is therefore from them then that I didn’t see a single TELOSNEWS.COM news item there!

To put it short, this is an all-in-one App to keep eye on your Crypto/Stock/Other investments, and by the quick look that I took about it, it does look like it is a pretty good one at it, good enough that I might keep using it.

If you are wanting to have App where you can follow all your investments effortlessly, this does seem like it is well worth the look. And especially if you take the extra effort of adding your portfolio, it looks a lot like you might not really need much else besides this one.

Thank you again Quake Andy from another valuable addition to XBTX, we wouldn’t have this excellent App without you!

Username AI in discord tipped that MiningPoolStats have updated their list of Bitcoin Subsidium Pools and now there is much better idea of where all the hash power to Bitcoin Subsidium mining is coming from.

Here is how the stats looked there on the 5th of August this year:

About a week ago Pascal wrote a message to the Bitdorado Turkey channel that is very interesting to Bitdorado users wishing to get VIP status for themselves, for he revealed some actual numbers about it and with it also revealed some more info too.

In this message he mentioned that currently there are 75 active Bitdorado users, and he also mentions that just 5 more people and one more member gets a VIP status.

This means that the amount of VIP members is based upon full 10 percentage numbers, not a rounded one. That while 7.5, or especially for example 7.9 would normally round up, In this case, there need to be full 80 active bitdorado members before number 8 in the list becomes a VIP-member.

Another interesting was that Pascal gave a list of the amounts of Telos owned by the top 10, which actually included only the top 9, and which is as follows:

10.000.000
10.000.000
3.401.101
3.333.333
3.300.000
3.277.120
3.086.000
————–> Below this line not yet VIPs
3.008.800
3.007.278

It is not clear if Bitdorado Premiums 10 percent extra gets calculated to the calculations or not, for while the exact 3.3M in the list would make it seem like someone put 3M and got 300K premium bonus, on the other hand, both 10 Million in the list are exactly 10 Million, instead of 10 M + 1 M, and I would expect those with 10 Million to also want Premium membership for them.

And just like I mentioned in previous Bitdorado Turkey VIP status related News Item, Pascal too mentions that it might be wiser to simply gift some small amount of coins for someone to join Bitdorado and hence increase the number of VIP members, than to start fighting from currently only Top 7 spots, especially now that AML-Now KYC, that is required to join Bitdorado Turkey, is free for first 1000 people.

And regarding marketing Bitdorado, Pascal also mentioned that there is a referral system coming to Bitdorado Turkey, making marketing/gifting coins to friends perhaps even a profitable venue, and that he is also planning on starting to market Bitdorado to outsiders himself, of which this news item is probably first fruits of.

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.

Transcendence Dashboard tends to have this bit of a Chicken and Egg problem.

Basically it is meant as your way into getting into the Telos world, but before you can get into the Dashboard, you need some Telos to pass the AML-Now KYC, meaning you already need to be in the Telos World to get into Dashboard which is the good entry to the world of Telos.

However, about two weeks ago Pascal Tweeted that 1 000 users can get their AML-Now KYC done for free, which would solve this problem temporarily at least and finally make Dashboard work as the entry to Telos world as now you don’t need the Telos first to use the Dashboard, at least until those 1 000 free entries are used up.

To use this free option, when AML-Now KYC is asking for your Telos Transaction ID, you need to write “1000” to it.

Do notice that there is a sort of catch to this free entry. For while it is free indeed, it also means you are not getting the AML-Now tokens that those who do pay the fee get, and AML-Now tokens are expected to be worth much more than the fee.

Zpool.ca is a mining pool where you can mine over 150 different coins currently, and that is not the only catch, but they have this auto mining feature where idea is that they keep automatically on your behalf switching between these over 150 coins based upon which one is most profitable to mine at any time, which is one way to try to guarantee your mining profits are maximum.

Of course we know that is not true anymore since now they have added Bitcoin Subsidium (XBTX) to the list of minable coins and whenever they switch away from mining Bitcoin Subsidium, you lose. After all, 1 Bitcoin Subsidium today, is 10 000 Bitcoins tomorrow.

But, luckily they do have an option where you can ask your mining profits to be paid in Bitcoin Subsidium, even if you are mining some other coin, so perhaps it will yield you the max profits after all since maybe some insignificant coin like Bitcoin will temporarily gain more than Bitcoin Subsidium, but it will then be used to buy Bitcoin Subsidium with its current price, yielding you more than with mining. After all, everyone’s wanting their piece of new XBTX and hence are mining Bitcoin Subsidium, so while the price might be best, competition might however be so fierce you get only a tiny bit of XBTX, and hence mining something else to get XBTX might result in best result.

Acceswire.com has released a news item mainly about Telos R that has spread to quite many other places too, Crweworld, Yahoo Finance, Business Insider being the first three that I have seen, and Reddit also getting a thread about it already.

The article tells about some technical stuff in Transcendence/Telos land, like Dashboard and AML-Now, but the main focus is on telling about Telos R and related things.

While the news item doesn’t really tell much more about Telos R than you can already see from the article I wrote about it earlier, There is however one specific mention there. For it mentions that Telos R swap rate is 2 000 000 : 1, while earlier it has been said that swap rate between Telos R and Telos would be 1:1, this is a change in plan that Pascal confirmed in Discord after this was asked.

While this news item can be a good reminder of what the main focuses in Telos land are right now, what really caught my eye, and which might be the most interesting part of the whole article, is the contact details.

For in these contact details there is under this “Media Contact”-part mention of “PR”, and this PR contact detail is “Cryptoshib.com“.

I asked on the latest Freaky Friday live session from Pascal about this, and he did confirm that this PR firm is in sort of try out for Telos PR right now and I hope to write another article to introduce you to Cryptoshib and tell more about it as long as Cryptoshib answers my questions. But just to mention that one interesting thing about this Cryptoshib is that Pascal thinks it is possible this Cryptoshib owner might own some Telos coins already from 2018, which is pretty much from the beginning times of Telos.

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.

Telos R now has a logo.

There was a vote about the Logo, and winner logo was the one you can see up there in this news item.

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.

Telos R is now looking for a new logo, and you can help in choosing it.

Go to the voting webpage where you can rate each Logo design with 1 to 5 stars, and I suppose the one with the highest rating will be picked.

However, do notice voting has been going on for several days already, and today should be the last day to rate/vote anymore.

Telos R, first of all, is confusingly named. It will not replace our current TELOS but is another coin that in its use case has only very little to do with the original Telos and hence won’t really affect the old TELOS in a negative way.

While Total amount of TELOS R will be a fixed amount, the total amount of Telos R is not yet set, but it will depend upon amount of TELOS used to swap for it.

The thing is that the current plan is that when the prelaunch, or whatever we should call it in this case, starts, then it will be possible to switch TELOS coins to TELOS R coins with 1:1 ratio.

What is interesting in this is that these TELOS coins swapped to TELOS R coins will go out of circulation. Meaning that the TELOS coins left on people’s wallets will basically be more valuable as there are fewer TELOS coins in the market left.

After these three months is over these two coins will separate their paths, and after that you can buy TELOS R coins against TELOS coins through exchanges, just like you would buy any other coins in exchanges, meaning that instead of a fixed price the market sets the value, and in addition, these TELOS coins won’t go out of circulation anymore like the TELOS coins that will be used to buy TELOS R in the first three months will do.

WHAT IS THE USE OF TELOS R?

TELOS R will be DynaNETs reward token for peers, but to understand what that means, I am now going to explain the DynaNET as much as I have understood about it so far, for partially I haven’t quite figured out its usage possibilities.

DynaNET will be a DEX system consisting of 21 Trusted nodes, and unlimited amount of Peers.

These trusted nodes mean they are master nodes, but instead of giving a chance for anyone to put up one, there will only be 21 of these in total, and the ones allowed to run them will be handpicked.

The idea with this is that instead of ending up to Telos version 1 situation where we had over 10 000 Master Nodes, and most of them sucked and therefore the whole network was stuck, by giving a chance to only 21 Master Nodes to be run will give incentive for those running them be folks who actually know what they are doing and who are also willing to put money into running their master nodes properly since rewards will be pretty good for them as instead of over 10 000 master nodes sharing the pot, there will only be 21 master nodes sharing the pot.

And this all should result in a good and nicely working network which should require only very little maintenance from Pascal’s side.

The purpose of these Master Nodes is to be running something called VMS which Pascal prefers to call Bubbles for each supported chain (This could be BTC, ETH, TELOS, PIVX, etc.), and the catch for someone wanting to run one of these is that it provides DEX API for its owners, making it possible for them to build their own DEX platform or APP powered by DEX (I admit, I am not sure what exactly that means), and, I guess most important of all, master node owner will receive 1/21 of all fees from transactions, withdrawals from DEX, and trading.

THAT WAS MASTER NODES, BUT WHAT ABOUT THOSE PEERS?

Now notice how I said that TELOS R is a reward token for PEERS. This means (If I understood right) that those running Master Nodes are not getting them.

What PEER means, is Transcendence Dashboard.

Yes, all the people who are running their Transcendence Dashboards, meaning they keep it open and running (and synced I suppose), will get some TELOS R rewards thanks to keeping their Dashboard open and having copies of blockchains in their computers.

These rewards are 1/10th of all the rewards for these 21 master nodes. So these Master nodes are actually not getting 1/21th of all rewards in practice, since they need to pay out 1/10th of them to PEERS.

The interesting part in this payment to PEERs is that these master nodes will pay them with TELOS R. That if you are running your Transcendence Dashboard, you will be receiving TELOS R coins as a reward.

What makes this interesting is that since Master Nodes themselves are not getting TELOS R coins, this means they have to buy them from the market first.

And that means that as long as people keep trading in DEX, there will constantly be an automatic buyer for TELOS R coins making TELOS R have a constant buy force.

This then means that if no one is willing to sell their TELOS R coins for cheap, then that automatic buyer is forced to buy them for an expensive price.

If no one is willing to sell their TELOS R coins for less than a million a piece, then this automatic master node buyer will buy that TELOS R for that price, since it has to get that, for example, 0.005 pieces of a coin to be able to pay it to PEERS (Dashboard users).

And this is what makes TELOS R very interesting. As long as the DEX works out, TELOS Rs value can then be solely decided by sellers as long as sellers don’t start competing against each other.

For normally if you set the price too high, buyers are not interested and refuse to buy, but in this case master nodes automatic buyer is forced to use a certain amount of money to buy TELOS R, regardless of what the price is. Making TELOS R the ultimate Hodler coin.

Because TELOS Rs use case is limited to just this, it will naturally not affect TELOS much in a negative sense. It will not compete against TELOS coin, and for example, if you wish to gain better payment levels in Bitdorado Coin & Grow pools, you still need to use TELOS coins to achieve that since TELOS R will be useless for that purpose.

Now we just wait until Pascal announces that TELOS coins can be swapped against TELOS R coins. until that, better scrape those remaining Telos coins on sale in exchanges.

edit 7th of Aug 2021:

The plan about the Swap ratio has changed. The current plan is that the Swap ratio will be 2 Million Telos : 1 Telos R

Mobile Pay Coin has been focusing on making a marketplace, a bit similar to Kryptobay, and they have now, or it was almost a month ago already actually, added Telos and Bitcoin Subsidium (XBTX) as accepted payment methods.

Time to go and spend some of those XBTX and Telos you been making.

Bit of old news already, but for some time already now you have been able to trade Bitcoin Subsidium (XBTX) against Bitcoin (BTC) in SouthXchange.

Teloscoin was basically expected to have a halving around Mid July, however, no one bothered to actually check it and to everyone’s surprise, halving actually happened two days ago already.

Why did this happen, I have no clue. I can only guess that either guy who coded the block height at which halving would happen did a miscalculation, or blocks are forming about 10 percent faster than they should.

Regardless, from now on each Telos block contains only 25 new Telos coins which are split as 7.5 to Staking and 17.5 to Masternodes.

To the moon!
– and beyond!