There’s a lot happening in the world today. Most of what we see in mainstream media is nonsense designed to divide and distract. Of course, if you reveal the truth then you risk getting stuck in an embassy for much of your life. TIMM isn’t focused on that stuff so much, but still is trying to dig below the surface in financial markets, which are just as fraught with cronyistic shenanigans.
One of the concerns with blockchain is the influence that a few can have over a given blockchain. Unfortunately, this is glaringly obvious in EOS. Don’t get us wrong. We love EOS. And BlockOne has done, and continues to do, great work and support the project brilliantly. But, like so many projects, it’s succumbed to a top-heavy imposition of power due to both apparent collusion and the ability for certain organizations that hold other people’s EOS to leverage it to vote themselves into a profitable BP position, regardless of their actual productivity on behalf of the blockchain.
With this in mind, Telos is worth watching right now. They’re trying to solve these problems by putting in BP protocols that forbid such shenanigans. And their sharedrop maxes out at 40.000 tokens, so even a whale with 50m EOS only gets 40k TLOS. If you haven’t checked yet, just put your account in this address to see your TLOS balance (https://monitor.telosfoundation.io/account/YOUREOSACCOUNT).
They seem to have some good activity going and a lot of support. Many active BPs are already on EOS, so there’s the expertise right up front. It’s worth taking a look.
As always, our analysts are busy trying to find the best moves for readers. Here are some highlights from the last few days.