Telos is a distributed cryptocurrency designed through hybrid POW and runs using existing networks such as Zcash, Ehtereum, Verium, Hush. In the future, cross-chain payment and POS proof of stake models will be implemented. In addition, users of Transcendence Blockchain can access cumputational power.

Project Introduction

Transcendece combines an open source, decentralized blockchain with existing services such as the Telos of Transcendence network tokens applied to AmiCloud and indieGO-Appstore platforms. Its long-term plan is to transfer content in cloud storage and cloud computing in closed-source software to open source blockchain.

Telos is a privacy-focused decentralized open source currency running on the Blackcoin PoS 2.0 protocol and is based on the Bitcoin Core 0.10.x code base. It utilizes the master node network to achieve open and transparent decentralized governance while adding transaction anonymity function. Its main goal is to achieve instant anonymous transactions and governance, benefiting all participating users.

Project Highlights

Reward

Transcendence has predefined bounties, and the community can also customize the rewards.

Wallet

Users can download Transcendence wallets in the Windows, Linux and OS X markets. Buy and sell brand new or used things

Communication

IndieChat can be used to conduct private chats in groups and one-on-one.

Technical Advantages

Distributed P2P Mode

Transcendence/Telos adopts a point-to-point network structure, without the need for central authority to verify block validity and confirm checkpoints, and there will be no single point of failure for any operation. A failure of a single entity does not cause Transcendence/Telos to stop running. Interrupted credit checks will not cause Transcendence/Telos to cease operations. No central organization will interrupt production operations.

Proof of Equity

PoS Proof of Equity 2.0 requires that nodes running the wallet software prove that they own coins in the blockchain to verify a transaction block.

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