Telos Blockchain - Crypto Academy / Season 4 Week 02 - Homework post for @pelon53 by @shahab1998
HELLO STEEMIT members, I hope you all are fine and doing well, so this is my homework given by the honorable professor @pelon53 , First of all, thank you so much, professor.
Crypto academy professors are doing their utmost to help steemit users learn about a variety of topics by sharing their expertise and information in order to help them make better use of this environment and helping us to not only learn but also enhance our skills here.
So lets begin.
QUESTION 01: .- What is your opinion about Telos Blockchain? What do you hope will happen to the Tlos token? Justify your answer.
TELOS BLOCKCHAIN:
Block One created the Telos blockchain. It has an open information systems that runs on the Proprietary technology operating system. Using Proprietary technology software, it employs a modified genesis block that evenly distributes initial financial accounts. The TLOS token is the primary currency of the Telos system, and it is used to power the cryptocurrency as well as reward individuals that invest their assets on the Telos system. It didnot have any importance till last year and then they created their telosswap' liquidity network, which permits tokens of all types. Telos use the proof of stake technique.
Telos provides a rich collection of functions and delivers on the claim of unrivalled scalability. Also I t seeks to strengthen on the EOS ecosphere fragmentation block pay structure, security, and management.
On June 1, 2018, the EOSIO software was made available to the general public, and the developers launched Telos. Telos was created to take advantage of the DPOS method. Telos has offices all over the world, including Africa, Asia, North and many more Telos was created by a multinational corporation with offices in a number of countries.. There are several offices in this group. App and web development and hardwiring are a few of them.
Not even this but also it is capable of processing 5 thousand of transactions in less than a moment. With the advent of bitcoin, a digital currency used for monetary transactions, It resurfaced in 2014 with the launch of Eth, which introduced developers access configurable unrestrained decentralized applications.
The reason and one of the most important impact was that it was created to deliver living thing answers to social ills. Ordinary person and business collaborations will become progressively more important. Individuals and institutions will want to influence decision-making processes in a more collaborative and transparent environment in order to achieve these aims.
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Question 02: Using the telos tracker block explorer, take a screenshot of the last irreversible block at the time of performing your task and detail the BP and the date.
So, First to do this i opened Telos Tracker webiste, while doing so the Block Producer was persiantelos anad the head block was 174002567 and Blockdate was 17th September 2021.
BLOCK PRODUCER: persiantelos
HEAD BLOCK: 174002567
BLOCK DATE: 2021-09-17T21:06:35.500
I used the last irreversible number and enterted into the search bar. Then this screen with the specifics of the latest irrevocable block will show.
MY BLOCK SIGNATURE:
SIG_K1_JzJ5k72HEeVZT6uN3vdoonK8mQgoSnwAEjCzdf8ndP77GDh8Mux8zuopQNEzDgtHYutq1HuWXrktbmVdArK45GPNdq8mK6
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Question 03: Check in the 3 block explorers, the blocks: 15,007,389 and 171,790,000, show the BP and the date of those blocks. Screenshots required.
So , i used these three block exporersto check these two blocks which are 15,007,380 and 171,790,000 and there BP nd dates. Explorers are
Telos Tracker
Telos Bloks
Telos EOSX
BLOCK 15,007,380
Block no 15,007,380 was easily available on Telos Tracker with the following details
lock Number: 15007389
Block Producer: eosmetaliobp
Date: 018-12-22T11:46:08.000
Block id: 15007389
Block Signature: SIG_K1_KfZqAxfmXTjRu9isucMEgSQCpcxPoFZB46i3FPrBViEvaBctKw4GrZMFiNgYr88VqEfEBSbvzQdSExdtnGFCFfCLV8JWoN
Telos Bloks:
it was not available on Telos Blok.
TELOS EOSX:
this Block id is also not available on third one Telos Eosx.
Block 171,790,000:
TELOS TRACKER:
Block no 171,790,000 was easily available on Telos Tracker with the following details
Block Number: 171,790,000
Block Producer: teloskitchen
Date:2021-09-05T01:30:15.000
Block id: 171,790,000
Block Signature: IG_K1_KWiZrzjeLk3pJGm51WXkXd46wjibGNRgSrxniAZug4bmvb9F6K7w2DCkQwjA1FKHpwXZ1QoGmUYTKyw5AsTymAzPPeDTMS
TELOS BLOK:
Block no 171,790,000 was easily available on Telos blok with the following details
Block Number: 171,790,000
Block Producer: teloskitchen
Date:Sep-05-2021, 06:30:15 AM PST
TELOS EOSX:
Block no 171,790,000 was easily available on Telos blok with the following details
Block Number: 171,790,000
Block Producer: teloskitchen
Date: 2021-Sep-05, 06:30:15
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QUESTION 04: In the Telos swap demo platform, click here. Connect the wallet to Metamask. Then Transfer 20 Tlos to Fiat. And determine the gas you consumed. Then make the 100,000 Fiat to Soon transaction, and determine the gas consumed. Show the screenshots of the whole process that you ran. Was the gas consumption excessive in both cases? Explain?
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For swapoing 20 telos we will follow these steps.
First we willl go to Tolos website and then there will be a connect Wallet option on the right top as you can see in below screenshot, click that button.
After clicking that button simply press Metamask when this screen will apear.
After selecting Metamask there is a newd to connect your Metamask wallet and if you donot have a metamask wallet so you have to create an an account
Then it will ask approval of adding this site to the network then press Approve button as Metamask does this for security purposes.
After the approval it wll ask that Allow this site to switch the network so simply press Switch network button.
Then in this way your Metamask will be connected with it now go back to that swap section and write 20 in telos section and select the token in which you want to swap and press SWAP button.
Aftet that a confirmation screen will appear Press Confirm Swap.
After pressing confrm swap it sill wait for the confirmation and aftet that a TRANSACTION CONFIRMED screen will apear.
CONCLUSION:
CONCLUSION:
Professor@pelon53 , Thank you so much for this wonderful and informative lecture. In this lecture, we talked about Telos, The TLOS token is the primary currency of the Telos system, and it is used to power the cryptocurrency as well as reward individuals that invest their assets on the Telos system. It didnot have any importance till last year and then they created their telosswap' liquidity network, which permits tokens of all types. Telos use the proof of stake technique.
Telos provides a rich collection of functions and delivers on the claim of unrivalled scalability. Also I t seeks to strengthen on the EOS ecosphere fragmentation block pay structure, security, and management.
That's all, This is my homework professor @pelon53 I hope you like it, and once again professor thank you so much for this informative lecture, This post is totally plag free.
Please share your valuable feedback.