Telcoin network Once you've reviewed and decided to which pools you would like to provide liquidity, you All Telcoin mobile application customers who enter another user’s referral code and stake TEL on TAN may participate as Stakers. Key topics include the inaugural Telcoin Association Election, Telcoin Network updates, team expansion, network testing, legal & organizational developments, and broader Miner Harvesting Activities Y1 TEL Allocation Basis for Income; Validators: Blockchain Security Manage a validator node to create and verify blocks of transactions to the Telcoin Network blockchain. Latest Blocks. As one of the four Miner Groups who collectively possess power within the Telcoin governance system, Stakers can exert authority and protect their functionally distinct interests at all three levels of the Telcoin governance system, including at the constitutional level of analysis in which the terms and conditions of governance are set and refined, at the collective-choice level of Telcoin mission, vision, and set of values: Mission: The Telcoin Association’s mission is to connect Mobile Network Operators (MNOs) and a global user base through a shared blockchain infrastructure - the Telcoin Platform - and to sustainably maintain and develop that platform and its decentralized governance, including facilitating legal structure for stakeholders. They harvest TEL at a rate of 547,945. 205 TEL per day, based on their pro-rata share of blocks secured to the Telcoin Network blockchain, according to rules that are set Telcoin Network: Predictability of System Dynamics. The network is also composed of numerous blockchain infrastructure components involved in the The productivity of the Telcoin Network blockchain is measured based on the supply, demand, and TEL fees paid to access blocks over time, the supply and the demand for smart contract-based, digital goods and services built on on the network over time. core, networking, interfaces, meta Forum Proposal: The prospective developer, the Telcoin Autonomous Ops, Ltd (TAO), or another forum member must submit an Application Developer authorizations proposal to the “Authorizations: Developers” section of the Telcoin forum. Activity: Trading cryptoassets for other assets, paying fees on each transaction. Background As consumers pay a fee to liquidity providers on every trade, the productivity of TELx depends on the adoption of the marketplace by users and their trading volume. The native token for Telcoin Network is Telcoin (TEL). Introduction The following section intends to make clear the two positions within the Miner type of Staker, the participants who can take those positions based on their attributes and subject to what conditions that The function of TELx as a component of the Telcoin Platform is to produce a liquid network of decentralized financial markets for Telcoin users and miners to exchange and otherwise transact their assets (lending, borrowing, etc). They have a global reach and operate mobile networks all across the world. Anyone with an internet connection may access the system, GSMA Operator Member, MNOs are the exclusive set of Validators who secure the system, and the Platform and The Telcoin Platform is a nested structure of three blockchain infrastructure networks, including TAN, TELx, and Telcoin Network, each generating flows of TEL issuance that originate from a primary, renewable inventory (TEL Treasury), markets and products that are complementary, and systems that depend on each other to function. Sector: Public, EVM-compatible proof-of-stake blockchain network Description: The sector focuses on blockchain networks that are compatible with the Ethereum Virtual Machine (EVM) and utilizes a proof-of-stake (PoS) consensus mechanism. 0”. The Telcoin Wallet is the most affordable way to send remittances to mobile money platforms globally. They are AMM pools that are produced by liquidity miners, who provide TEL and other assets as liquidity, stake their liquidity provider tokens in TELx, earn fees from trades through their pool, and harvest TEL issuance from TELx. TELx: Products TELx is a network of AMM liquidity pools, which are smart-contract based token reserves used for automated, self-custodial TEL digital asset exchange and on-chain FX powered remittances. • Characteristics: A network of Telcoin mobile applications and a set of smart-contract based infrastructural systems that can be easily verified on-chain including storage, distribution, extraction, governance facilities. Governance: Telcoin Association; Native Token: TEL; The size of Telcoin Network is a measurement of the number of validators securing the network and users with assets stored on the blockchain, the total value of all goods secured by the network, the total TEL staked by validators for proof of stake consensus, and a variety of other blockchain factors. Withdrawals A list of withdrawal objects Thus it’s required for you to connect to the Matic Network to sign the transactions. Home; Blockchain. Polygon, Telcoin Network, Ethereum). Perfect for beginners and experts alike. TELx Council: Liquidity Miners select 3/6 representatives; Stakers, Developers, Validators each select 1/6 representatives. Description: The Telcoin Application is a compliant, secure, and easy to use interface to the Telcoin Platform. Stakers are Telcoin mobile application customers who stake TEL, connect with other users through the Telcoin Platform by sharing their referral code, earn a percentage of their referred users’ fees, and harvest TEL issuance based on their network’s adoption of the Platform and the quantity of TEL they have staked. Validators are part of four Miner Groups with equal authority in Telcoin governance. Telcoin Network is an EVM-compatible, public blockchain secured globally by GSMA Operator Member MNOs using a Proof-of-Stake consensus. TEL Consumption Use: Stakers exchange TEL for other assets using TELx, use TEL to settle payments, to access other blockchain products available to mobile users, and use TEL to pay gas fees on Telcoin Network in order to have all of their transactions included in blocks and secured to the blockchain. Introduction This document is designed to aid Telcoin Association Compliance Council Members better understand their roles and responsibilities within the Telcoin Association governance structure. Telcoin Network Harvesting Rules. 5. The Telcoin Application Network (TAN) is a network of mobile applications and smart contracts nested on top of TELx and Telcoin Network as a mobile interface and self-custody layer to the Telcoin Platform, enabling users to access the products and services it The base fee is managed by the Telcoin Network’s protocol automatically based on how much of the previous block’s gas limit was used. Powered by. By aligning telecoms around a user-owned, decentralized financial platform, Telcoin aims to provide every mobile phone user in the world with access to fast and Connect your MetaMask or other EVM-compatible wallet to request from the Telcoin Network Testnet. Application Developers are GSMA members who stake TEL and produce mobile applications on TAN that integrate with the Telcoin Platform and connect users to its services and each other through the system. Liquidity Miners: Provision TEL and other TELx assets to liquidity pools, earning fees when users exchange assets through their pools and mining TEL issuance based on their pro-rata share of staked liquidity across markets over time. Validator 0x4444444 0 txns in 10 sec The Telcoin Network, through decentralized consensus, generates, secures, and makes available blockspace which users pay gas fees to consume on a per block basis. Telcoin Association and other legal structures The set of processes and applications used by miners to nominate themselves for Council Member positions. The Telcoin Platform, including its native token TEL, is governed by the Telcoin Association. Benefits: Users benefit from the ability to trade at any time, instantly, at low costs and miners at every layer earn fees. TEL Production and Harvesting Use: Staked TEL is required to participate in Proof of Stake consensus, ensuring honest computation at risk of stake slashing and an individual All Telcoin mobile application customers who enter another user’s referral code and stake TEL on Telcoin Application Network may participate as Stakers. Total TEL Staked: Total TEL units staked in production processes by Developers and Stakers. To become a staker, individuals must register on a Telcoin Application, connect to the network using a referral link, and stake TEL to participate. Example: A proposal that alters the allocation and basis formulas for Telcoin Network issuance. Telcoin Association Forum Category Topics; Miner Assembly. Blockchain Security: Produce and verify blocks of transactions to the Telcoin Network blockchain. The system enables the construction of liquidity pools in smart contracts that self-execute exchange and markets production functionality in programmable code, enables users to transfer, exchange their assets through a peer to peer network, and to GSMA Operator Member Mobile Network Operators (MNOs) who manage nodes on Telcoin Network, earn TEL gas fees and issuance each time they secure a block to the blockchain, and participate with others in their Miner Group in governance. Mobile, self-custodial access to the Telcoin Platform, its decentralized financial products, other blockchain services, and the unique products offered by each Telcoin mobile application. Additionally, the productivity of the network can be measured based TEL Consumption Use: Developers exchange TEL for other assets using TELx and use TEL to pay gas fees on Telcoin Network in order to have their and their user base’s transactions included in blocks and secured to the blockchain TEL Production and Harvesting use: Developers must stake TEL to participate, the quantity of TEL an individual developer has staked determines The 12th Telcoin Community Update is live! Read all about our successful MWC24 showing, Telcoin Network’s reception at the big show, the future of remittances powered by Digital Cash, Middle layer of the platform, exchange infrastructure. Wallet; Digital Assets; Remittances; Support Center; About. The system serves as TELx is a decentralized liquidity network powered by active Telcoin users on selected DeFi protocols (TELx Markets). GSMA Operator Member, mobile network operators stake TEL for proof of stake consensus on Telcoin Network, manage a validator node, and harvest from a TEL allocation of 200M TEL in year one. TNIP-1 governs how TNIPs are Telcoin Application. Stake TEL on Telcoin Network Stake TEL on Telcoin Network to participate in proof-of-stake consensus. Instead, the base fee is increased or decreased based on network demand. Description: Due to the nature of Telcoin Network’s protocol, estimating the number of blocks in a given time period is difficult. Council Members are encouraged to reach out to compliance@telcoin. Telcoin Network -> TAN TAN is nested within the EVM and depends on Telcoin Network for: • Security: Telcoin Network serves as an execution, settlement, and data availability layer for the whole platform. This is useful for regular maintenance tasks, like a weekly airdrop for example. After the main network is live with 10 authorized Validators, policy-making authority and provisioning duties will transfer to the Platform and Treasury Councils, while the TAO will continue to maintain Telcoin Telcoin’s network distributes Telcoin tokens (TEL) among network operators as rewards. This system is designed to establish a global blockchain network and token standard for GSMA mobile network operators and Stakers are Telcoin mobile application customers who stake TEL, connect with their networks to establish the Telcoin Platform as a shared infrastructure for settling payments. 04 TEL Utility: How do market participants use TEL across the Telcoin Platform stack? As a full-stack, decentralized financial platform with a unique set of market participants at each layer, active users utilize TEL to provide supply side services to the networks that power the platform and benefit end users, who in turn use TEL to access those services. Telcoin Network: Interactions Between Subsystems. Validators harvest from a flow of 547,945. Telcoin Network is composed of a variety of infrastructural components involved in the production of blockspace markets, on-chain programs called smart contracts, a continuously updated immutable ledger, and a variety of other goods and services enabled by public blockchains, as well as systems involved the storage, distribution, and extraction of TEL from the system by Telcoin Network: TEL Levels. org with any questions or concerns. Platform Council: Must approve before submitting to the Treasury Council Approval: 6 out of 8 Quorum: 100% Duration: 120 hours Channel Telcoin Network: Serves as programmability, execution, settlement, data storage layer for TELx. Telcoin users provide self-custodial TEL liquidity reserves against other platform-native assets on supported TELx Markets, earning Telcoin issuance and transaction fees that flow through the Telcoin Application. The system serves as the underlying blockchain architecture securing private property The Telcoin Association is the legal framework providing guidelines for the Telcoin Platform and the Actors that engage with it. Treasury Council Handbook. A portion of all TEL gas fees paid on System: Telcoin Network is an EVM-compatible, public blockchain secured by MNOs globally using proof of stake consensus. Blockchains are designed to operate with 100% uptime and predictability according to open-source code operated by validators. Their existing customers include all mobile phone users, and they earn gas fees and TEL issuance from block production. The industry is rife with examples of new chains launching their own native tokens, then wrapping them. The document is split into two sections: Miner Councils Overview - Introduces council members to the broader Telcoin Association structure and the high level Telcoin Network Harvesting Rules: After 10 authorized validators are producing blocks on Telcoin Network, determines and enforces (1) who can harvest (2) how much TEL issuance from Telcoin Network (3) based on what formula (4) by what means (4) using what technology (5) and the infrastructural mechanisms involved in the calculation and Validators earn gas fees from exchange activity on Telcoin Network. The Telcoin Association is a non-profit Swiss Verein that governs the Telcoin Platform. Every other block is finalized using a DAG-based Telcoin Network: After Telcoin Network is live with 10, authorized block producing validators with TEL staked for PoS consensus, proposals that alter Telcoin Network rules and systems. The quantity of TEL a miner has staked on the platform determines both their TEL earning power and their political Telcoin Network, as a public blockchain architecture that enables users to transfer value from peer-to peer over a decentralized network and secures a continuously updated immutable ledger of all transactions and ownership history, has high storage capabilities. Once a block is created and added to the Telcoin Network blockchain, it remains part of the chain and does not change its order. 962204. 205 TEL per week Their mobile application’s pro-rata share of (referral fees paid to stakers plus TELx exchange fees plus Telcoin Network Activity: Consumers can verify the entire record of ownership, ownership history and transaction history on the Telcoin Network. It functions as the self-custodial “liquidity engine” of the Telcoin TELx is a decentralized liquidity network powered by active Telcoin users on decentralized financial (DeFi) protocols. Telcoin Network: Telcoin network serves as the execution and settlement layer for application layer users. The Telcoin Network, an EVM-compatible blockchain exclusively validated by GSMA networks, aims to become the industry standard blockchain infrastructure powering “MFS 2. The system creates, stores, and maintains blockchain-based goods and services, and enables users to store and Telcoin Network consists of infrastructure that is involved the production of blockspace markets, on-chain programs called smart contracts, a continuously updated immutable ledger, and a variety of other goods and services enabled by public blockchains, as well as systems involved the storage, distribution, extraction of TEL from the system by Validators. TELCOIN Price $ 0. Rules for Maintaining Position. These points all minimize moving parts, and mean Telcoin Network is one rock solid solution. Communication: All TELx Council Members are required to attend all recurring meetings, to keep their constituency and the broader Telcoin community apprised of all improvements to the system and flow of issuance, and changes to the operational-rules. Increased exchange volume drives increased gas fees. Spatial: TELx liquidity pools are available to all users of the blockchain network in which they are located (e. Includes a network of TEL and on-chain fx liquidity pools, TEL storage, distribution, extraction, management facilities nested in the EVM on Telcoin Network and other blockchains as assigned by Validators are GSMA Mobile Network Operators (MNOs) who stake TEL for proof-of-stake consensus (PoS) and manage validator nodes to produce, verify blocks of transactions to Telcoin Network, and earn TEL gas fees and TEL issuance when they secure blocks to the blockchain. Example: A user swaps 100 USDC for 129 CADC using the USDC/CADC liquidity pool on DFX, paying . 205 TEL per week Their mobile application’s pro-rata share of (referral fees paid to stakers plus TELx exchange fees plus Telcoin Network Enable the Telcoin Association to submit and discuss potential governance proposals. 5 USDC in fees. The Telcoin Platform Telcoin is a user-owned, decentralized financial platform powered by active Telcoin users, Mobile Network Operators, and Mobile Financial Service Providers. Telcoin Network harvesting rules are set, enforced, and Adiri Network is an EVM-compatible, public blockchain secured globally by GSMA Operator Member MNOs using a Proof-of-Stake consensus. Miner Y1 TEL Allocation Formula Basis Formula for Income; Developers Application Developers compete to harvest TEL from TAN based on their customer base’s adoption of the Telcoin Platform. How will you represent your miner group in decision-making processes to ensure their interests are being voiced and protected? As a current protocol engineer on Telcoin Network, I can act as a direct voice on the protocol development team. Decentralize TEL ownership to long-term oriented users who provide durable and quantifiable value over time TAN: Consumer Products. Valid blocks enable network users to transact between peers, self-custody their digital property, and access automated, decentralized blockchain-based goods and services, autonomous (independent) of trusted, third-party intermediaries. 0 and MIT licenses. In the same way users of the SMS Network conduct send and swap transactions The Telcoin Association’s mission is to connect GSMA Mobile Network Operators (MNOs) and a global user base through a shared blockchain infrastructure - the Telcoin Platform - and to sustainably maintain and develop that platform and its decentralized governance, including facilitating legal structure for stakeholders. The Treasury Council Votes on TELIP proposals that regulate the primary TEL inventory and source of issuance, the TEL Treasury, including issuance, grants, other discretionary policies related to the Treasury and its inventory, Telcoin Network harvesting policies and improvements. Specification If this proposal passes, both repositories will be released to the public on January 20, 2025. Example: A user trades 1,000 USDC for 1,000,000 TEL, paying 7. TEL Consumption Use: Validators exchange TEL for other assets using TELx liquidity pools, and pay TEL gas fees on Telcoin Network to have their transactions included in blocks and secured to the blockchain. The Telcoin Wallet is your mobile access point to the future of personal finance, including fast and affordable remittances and a secure place to access the best of DeFi on the Polygon Network. Rationale: Local miners possess enough delegates on their own governing bodies to ensure they must consent The objective of generalized incentives is to scale the TELx marketplace alongside the introduction of new assets on the Telcoin application as efficiently as possible. Miners stake TEL as a production and harvesting input on the Telcoin Platform, earn TEL fees from transactions and harvest from flows of TEL issuance. : TELx marketplace: A network of automated, DeFi liquidity pools produced by liquidity miners and used for exchange. network - bookmark it to be safe. 200M TEL distributes from the TEL Treasury to Telcoin Network in year 1. 205 TEL per day, based on their pro-rata share of blocks secured to the Telcoin Network blockchain, according to rules that are set and Telcoin Application Network (TAN): System. They The Telcoin Distributor allows funds from a Gnosis Safes to be used in transactions proposed by semi-trusted parties without requiring a snapshot vote. Once they are built and finalized they are As one of the four Miner Groups who collectively possess power within the Telcoin governance system, Validators can exert authority and protect their functionally distinct interests at all three levels of the Telcoin governance system, including at the constitutional level of analysis in which the terms and conditions of governance are set and refined, at the collective-choice level of Telcoin Network may support these later, but chooses to prioritize a separate node type for data availability. DeFi Protocol (Network): Balancer V2 (Polygon PoS) Markets: 3 Storage Facilities The facilities that store TEL inventories within the Proof of Stake: The Validator stakes TEL from their governance-approved wallet address and begins producing blocks on Telcoin Network. ReferralsIncentivesCalculator. telcoin. Finalization: The rate at which new blocks are committed to the blockchain. 5 seconds on average, with 6 second max latency. This process involves submitting a Validator authorizations form on the Telcoin forum, proposing the prospective Validator on the Compliance Council Snapshot, receiving approval from the Compliance Council, staking the initial TEL Improvement Proposal (TELIP) Platform-wide rules that involve the TEL Treasury, TEL token contract, Telcoin Network, the Telcoin Association Constitution, and governance infrastructure. These rules establish a level of predictability in terms of network growth and system dynamics. This proposal is to open-source the entire codebase under both Apache 2. . The required characteristics an individual must possess in order to participate in the position of Staker, harvest TEL issuance, and participate Validators are GSMA Operator Member, Mobile Network Operators who have been approved by the Compliance Council and stake TEL for proof-of-stake consensus (PoS) on Telcoin Network. Activity: Users swap their fiat-backed stablecoins for other stablecoins using SMS Network liquidity pools, paying swap fees, and liquidity miners provision TEL and stablecoin liquidity to the marketplace, earning swap fees on every trade through their liquidity pool. Example: A user sends 10 TEL to a friend, and inserts the transaction hash in a block explorer to review that the transaction was processed to the blockchain and has been received by their friend. 66M TEL Flow: 3,205,128. Telcoin Association. The TEL Treasury distributes issuance at a rate of 10% of the TEL in the Treasury per year, with 1B TEL distributed in year one, based on rules that are set by the Platform and Treasury Councils. Read the Telcoin Association Documentation to learn more about the systems and participants it Telcoin Network is an EVM-compatible, public blockchain secured by GSMA Operator Member Mobile Network Operators globally using proof of stake consensus. Increased Please visit https://tnips. Overview Native tokens are what blockchain protocols requires users to pay for transaction processing (gas). Extraction Facilities: TEL Infrastructure involved in the calculation and extraction of TEL units from the system by miners. The council accepts, develops and votes on TANIP proposals to change or introduce new elements to the Telcoin Application Network, alter TAN harvesting User Registration: If you haven’t already, download the Telcoin app and complete KYC. Global Councils: Platform and Treasury Council schedule and host recurring meetings together. The higher the number and level of Telcoin integration a telecommunications provider have, the higher their token reward. TELCOIN price $ 0. The blockchain enables application users to transfer assets through a peer to peer network, to transact peer to contract using on-chain programs (”smart contracts”), and to verify their ownership and transaction history at any time by TELx is a network of AMM liquidity pools, which are smart-contract based token reserves used for automated, self-custodial TEL digital asset exchange and on-chain FX powered remittances. Temporal: The liquidity in a given pool is available to be traded each block produced by the blockchain and can be increased or decreased by liquidity miners each block. Challenges Telcoin originated as an ERC-20 token on Ethereum. To participate as a Validator on the Telcoin Network, mobile network operator GSMA members must follow a specific authorization process. As the base-layer blockchain The Telcoin (TEL) Token is the native token of the Telcoin Platform, and the gas fee token of the Telcoin Network. The Telcoin Application Network is composed of application and network infrastructure, and depends on platform sub-systems to function. Network Connection: Integrate another user’s referral code to This calculator is used to calculate the Telcoin Network gas fees incentives for developers. Several discussions led us to converge on using an Telcoin Association Update: August 2024 - TLDR Introduction The Telcoin Autonomous Ops (TAO) presents an update on the Telcoin Platform’s developments and upcoming events. TELIP. As the network and position will launch after the TGIP-1 governance proposal is accepted by the TEL community, there is currently 1 Developer producing mobile applications on Telcoin Application Network out of a total of ~1200 GSMA Members who are eligible to participate. 1. 2 Always make sure the URL isswap. Liquidity miners provide TEL and other assets to TELx liquidity pools, stake their liquidity provider tokens in TELx, earn fees from trades through their pool, and harvest TEL from TELx. If an executor of a developer initiates a Validators are GSMA Operator Member MNOs who manage nodes on Telcoin Network. Now that you've obtained your LP Tokens, navigate to the product page you are powering, which includes either the SMS Network or TELxchange. These improvements allowed a reduction in trust Track transactions, explore blocks, and view network statistics in real time. The decentralization and security of all layers, which depend on the blockchain to process transfers and secure the ledger, is a function of Telcoin Network → TELx TELx is a set of smart contracts nested within the EVM that depends on Telcoin Network for: • Security: Telcoin Network serves as an execution, settlement, and data availability layer for the whole platform. Telcoin Association Update: Telcoin Network Progress Report An important part of our overall vision is the Telcoin Association’s Telcoin Network, an EVM-compatible blockchain network that global mobile telecom networks have the exclusive right to validate, thereby earning a unique new revenue stream that we believe one day will be a network Telcoin is the core developer of the Telcoin Platform. These systems are managed by the TAN Council, the local governance organization with authority to alter, remove, replace them using the TANIP process, and duties towards ensuring the GSMA Operator Member, mobile network operators stake TEL for proof of stake consensus on Telcoin Network, manage a validator node, and harvest from a TEL allocation of 200M TEL in year one. TAN and TELx depend on Telcoin Network for execution, settlement, programmability, data storage, and sustained yield of TEL. About Company Onchain validator onboarding, voter committee, epoch storage, and staking In fleshing out Telcoin Network’s consensus mechanisms, it became apparent that a single source of truth is needed for nodes to agree on the network’s validators, voting committee, epoch information, and staking information. The wallet address provided must be a Polygon network compatible web3 wallet, not a Telcoin wallet address, as it will be used publicly for voting and NFT ownership. Access Boundaries Boundaries determining who may access and consume products generated by the system. With more than 5. network for approved TNIPs. The Telcoin Association was established for the purpose of facilitating GSMA Mobile Network Operators (MNOs) in operating as a blockchain consortium for common industry-wide benefit. Summary All individuals must follow the same process in order to participate in the position of staker. The set of rules which structure Miner Group participants, voting power, mechanisms, the number of Council Members, and the basis for representation on the Miner Councils. Any user could then run a client and follow Telcoin Network blocks as they come out. Actual: No data currently available. GSMA MNOs have the widest variety of opportunity to participate in the Telcoin Platform, most notably as a Validator of the Telcoin Network. Telcoin designs and deploys compliant, scalable end-user products, applications, and decentralized networks with the mission of providing every mobile phone user in the world with access to user-owned financial services at a fraction of the cost of market incumbents. Positive feedback loop: Increased liquidity drives increased exchange volume. 13: 1337: November 24, 2024 About the TELIP category. Click the corresponding pool then navigate to the bottom of the page and insert the amount of LP tokens you'd like to stake. But other than Polygon and Telcoin Network Improvement Proposals (TNIPs) The goal for TNIPs is to standardize and provide high-quality documentation for Telcoin Network itself and conventions built upon it. Validators waiting to participate in consensus must receive output from consensus, download all worker blocks that reach quorum, independently execute all transactions, and store all data. Each developer gets a share of the total incentives based on the amount of gas fees paid by their executors. Other areas of improvement were found and fixed as a result of an internal security audit prior to faucet release. The Telcoin Application Network (TAN) is a network of mobile applications and smart contracts nested on top of TELx and Telcoin Network as a mobile interface and self-custody layer to the Telcoin Platform, enabling users to access the products and services it generates. Telcoin Network website: https://telcoin. g. Abstract Telcoin Network is actively developed in two separate GitHub repositories. network Telcoin Association Overview. Transaction History in 14 days Network Activities. This class calculates the referrals incentives for developers. The Telcoin Application Network is composed of a variety of infrastructural components involved in the storage, distribution, extraction of TEL from the system. Telcoin Network serves as the base layer blockchain execution, settlement, programmability Telcoin Network: Telcoin network serves as the execution and settlement layer for application layer users. TEL Production and Harvesting Use: Mobile application users must stake TEL TEL is the underlying asset of the Telcoin Platform. Remittances are a core component to the Telcoin mission, but can also be a subject that many find obscure. 0: 70: December 6, 2023 About the General Discussions category. (MNOs) who manage nodes on Telcoin Network, earn TEL gas fees and High The location of assets and the complete transaction and ownership history of asset flows between actors and on the system is publicly available and updates in real time every block to the immutable, distributed ledger on the Telcoin Network blockchain. Benefit: The ability to verify the history and Protocol Rules: Telcoin Network operates under a defined set of rules, such as block size limits, block rewards, issuance allocations and flows across networks, harvesting rules and fees, which influence influence blockchain dynamics and user behavior. 205 TEL per day, based on their pro-rata share of blocks secured to the Telcoin Network blockchain, according to rules that are set and Telcoin Network serves as the base layer blockchain execution, settlement, programmability and data availability layer that TAN, TELx and other applications built into the system depend on to operate. Telcoin Network gas fees paid by user base; Information Sharing Requirements: Developers must share users’ fees and referral fees metrics each week for the TAN Council to distribute to both Developers and Stakers according to their rules. First, you'll need to review which mining opportunities exist on TELx, which can be found on the SMS Network and TELxchange Staking Portals. Users pay TEL gas fees to have their transaction included in a block, and validators secure blocks of transactions to the blockchain, earning TEL fees and mining TEL issuance. Because there is no concept of “pending blocks” like Ethereum or Polygon, some RPC modifications are necessary to provide developers with accurate information Miner Y1 TEL Allocation Formula Basis Formula for Income; Developers Application Developers compete to harvest TEL from TAN based on their customer base’s adoption of the Telcoin Platform. The Telcoin Application Network (TAN) is composed of a network of Telcoin mobile applications that are integrated with the Telcoin Platform and enable users to access, produce platform products and, and harvest TEL issuance from their mobile device. Validators and end-users have no control over the value. They earn a percentage of their referred users’ fees in TEL, harvest TEL from TAN based on their network’s adoption of the Platform, and participate with others in their Miner Group in governance. As you read through the Telcoin Association documentation, it’s important to understand the broader context of what it During its inaugural term, the Compliance Council is responsible for establishing an authorization process for operational contributors. Please refer to the Matic Network documentation for The Telcoin token (TEL) is a decentralized utility token which functions as the underlying medium of exchange and unit of account between users of the Telcoin Platform. Telcoin Network: Serves as programmability, execution, settlement, data storage layer for TELx. : Annual: 166. Adiri Testnet Explorer by Telcoin Association. 205 per day Basis Formula Pro-rata Liquidity pools are stationary in the sense that they occupy specific smart contracts on blockchains, and are highly dynamic - their composition is constantly changing based on trades through the pool and liquidity provision transactions. 205 TEL per day, based on their pro-rata share of blocks secured to the blockchain. This process will encompass various roles, including code developers, communications personnel, and administrative staff. The total number of blocks committed to the chain can be identified based on the current block number. Each mobile app is equipped with an off-chain, back-end system and database for storing The attributes of the TELx resource system involved in the production of DeFi markets used for exchange on the Telcoin Platform. Description: TELx is a liquidity network powered by active Telcoin users As the base-layer blockchain system providing goods and securing property rights for users, Telcoin Network provides the higher sub-systems with mission critical infrastructure and general-purpose functionality for creating applications. Recurring Meetings: Schedule recurring meetings at least every two weeks, set the agenda for each each meeting, and Telcoin Network Harvesting Rules: After 10 authorized validators are producing blocks on Telcoin Network, determines and enforces (1) who can harvest (2) how much TEL issuance from Telcoin Network (3) based on what formula (4) by what means (5) using what technology and (6) the infrastructural mechanisms involved in the calculation and Telcoin is partnered with mobile network operators and mobile money platforms globally to bring fast and affordable DeFi products to international communities. Component and Function Specification and Rationale; Mobile App Applications enabling users to access the platform from their mobile devices. The benefit is users know the block is final, settlement is reached quickly, and there’s no possibility of forks. The blockchain enables application users to transfer assets through a peer to peer network, to transact peer to contract using on-chain programs (”smart contracts”), and to verify their ownership and transaction history at any time by Introduction This document is designed to aid Telcoin Association TELx Council Members better understand their roles and responsibilities within the Telcoin Association governance structure. Proposals must first be approved by the Platform TAN Council: Stakers and Developers each select 2/6 representatives; Liquidity Miners and Validators each select 1/6 representatives. Additional measurements include the total TEL fees and issuance harvested by Validators, and the total TEL destroyed 200M TEL distributes from the TEL Treasury to Telcoin Network in year 1. Validators are GSMA Operator Member Mobile Network Operators (MNOs) who manage nodes on Telcoin Network, earn TEL gas fees and issuance each time they secure a block to the blockchain, and vote with others in their Miner Group in governance based on their TEL staked for PoS. Related topics Topic Replies Views Activity; Improvement Proposal - Exchange Listings. The Telcoin (TEL) Token is the native token of the Telcoin Platform, and the gas fee token of the Telcoin Network. C. Staker Eligibility Rules: Required Attributes. Users: The ability to trade cryptoassets in a self-custodial way, at any time, instantly, without relying on Component, Definition Description; Production Facilities The blockchain systems involved in the production of TELx markets. Telcoin Association Governance Overview. This repository tracks past and ongoing improvements to Telcoin Network in the form of Telcoin Network Improvement Proposals (TNIPs). Staker Rules Network Size: The total number of users, referred users, stakers, developers and the number of registered Telcoin mobile applications. We aim to educate the masses on a topic that billions of people rely on in their daily lives, bringing financial education to everyone! Blockchain: Telcoin Network; Building a solid and secure foundation for Telcoin Network is my goal. They earn transaction fees from consumers, harvest TEL based on their mobile user base’s pro-rata share of adoption of the Telcoin Platform, and participate with Liquidity pools are smart-contract based token reserves on DeFi protocols used for automated, decentralized, self-custodial exchange. Bootstrap a diverse network of liquid, self-custodial, decentralized exchange markets for end users of the Telcoin Application. The decentralization and security of all layers, which depend on the blockchain to process transfers and secure SMS Network Overview. Miners stake TEL as a production and harvesting input on the Telcoin Platform, earn TEL fees from transactions and harvest from flows of TEL issu Telcoin Network is an EVM-compatible, public blockchain secured by MNOs globally using proof of stake consensus. The total supply of mobile and blockchain services on the network, the total transaction volume and fees paid to access the Telcoin Platform, including to transact on TELx and Telcoin Network, using TAN mobile applications, and the total transaction fees paid to Developers and referral fees paid to stakers over time. Voting and Representation Rules. It functions as the self-custodial “liquidity engine” of the Telcoin Platform’s user-owned products. Transaction capacity estimated at 1,000 per second; when the total number of transactions per block increases above the maximum blockspace allowed, the network congests and transactions are queued for the next block. The “non-voting validators” (NVVs) nodes The TAO possesses authority over Telcoin Network construction rules and is responsible for planning, financing and physically constructing and maintaining the system. TEL does not in any way represent any shareholding, participation, right, title, or interest in the Telcoin Pte Ltd, its subsidiaries, affiliates, or any other company Telcoin Network’s consensus reaches finality every other round. Application Infrastructure Standards: See existing eligibility and authorization rules here. TAN Council Handbook. The Telcoin Network project will be used to track issues and pull requests so the Telcoin (TEL) Token. The system enables the construction of liquidity pools in smart contracts that self-execute exchange and markets production functionality in programmable code, enables users to transfer, exchange their assets through a peer to peer network, and to A network of DeFi markets, produced by liquidity miners across multiple protocols, that enables actors to exchange their assets using liquidity pools that operate on the blockchain in code independent of a central operator. Total Value: Total value of assets held by all actors using or producing the Network. • Rationale: Provides a secure and intuitive mobile application interface, The Telcoin Network blockchain processes TELx transactions into blocks and the EVM enables the creation of the on-chain programs or “smart contracts” that compose the logic underlying TELx protocols. The TAN Council is a local governance organization with authority over and duties towards Telcoin Application Network (TAN) operational rules, system health and social well-being. The capacity to estimate the evolution and dynamics of Telcoin network is very high. : Total: 200,000,000 Flow: 547,945. The SMS Network is a user-owned remittance product that leverages AMMs to enable users to send instant, global, decentralized foreign exchange (FX) and transfer, and to capture FX fees for providing self • Telcoin Network Distribution Safe: A temporary storage facility controlled by the TAO used to store and distribute TEL issuance to staking contracts for Validators to harvest during block production. Marketplace Layer TELx. You can use the following guide to begin using the Polygon PoS Chain from your Web3 Wallet: Config Matic on Metamask. The Validator’s stake is verified when joining the network to ensure only authorized node operators can participate. Table Overview: Required Attributes and Conditions for Topic Replies Views Activity; About Telcoin Network Improvement Proposals. The system serves as the underlying blockchain architecture securing private property rights over digital assets and enabling on-chain protocols and applications in the Telcoin Platform. • Specification: iOS and Android mobile Financial Applications built on the Telcoin Platform stack with a user interface for exchange, transfer, and storage products. The document is split into two sections: Miner Councils Overview - Introduces council members to the broader Telcoin Association structure and the high level Telcoin mobile application customers stake TEL, market the Telcoin Platform to their network using their referral code to establish the system as infrastructure for settling payments, earn a percentage of their referred users’ fees in TEL, and harvest TEL issuance from TAN on a pro-rata basis based on their network’s adoption of the Platform. Agenda: Update the community on platform-wide and treasury activities and outcomes, interview debate TIP & TELIP proposals with the author and the community, and answer general questions related to Platform-wide facilities, Telcoin Network, and the TEL Treasury. 205 TEL per day, based on their Council Members: Harvesting Rules Blockspace refers to the limited space available in a block for storing transactions. Estimate: Blocks committed every 4. The predictability of TAN is a function of the predictability of the mobile application systems built by developers, the network infrastructure such as staking contracts built into the network, and the underlying platform infrastructure. lfawzr wwxhcv ltupx ykwd zvky xeik lrihx zjvuo oint dxz