In Bloktopia, Telos, a reliable layer 1 backbone provider for Web 3.0 / Metaverse, takes on virtual space. Telos Blockchain (Tlos) has become a virtual tenant of Bloktopia and is already putting the space to good use. The Telos team will be able to utilize the area as a virtual conference room for all of its AMAs now that Bloktopia is set to start its Alpha (ask me anything - meetings). Telos has a lot to say about its newly released Ethereum Virtual Machine (tEVM), its decentralized file storage system (dStor), and its plans, and a metaverse environment seems like the ideal venue for these discussions. After all, both the tEVM and the dStor can and will be used to support Web 3.0 dApps.
"Bloktopia's metaverse is a significant step forward in Web 3.0 adoption, and the Telos team is excited to go in head first." This is only the start of a multibillion-dollar industry, and it's only the beginning of our enormous metaverse goals." (Justin Giudici).
Telos is a 3rd Generation layer 1 blockchain that has been continuously executing energy-efficient smart contracts since 2018. Every Telos Network transaction consumes less than 0.000002 kWh of energy and costs end customers $0 to near-zero in gas expenses. Telos is quicker than any other chain in generating blocks and smart contracts for Solidity, Native C++, and Vyper. The network's main strength is its heavy reliance on C++ and a unique Wasm runtime environment. It's extremely efficient, and it's one of the key reasons why Telos allows Web 3.0 dApps to perform immediate transactions.
Before any future sharding / rollups, Telos is currently capable of serving hundreds of millions of nearly fee-free transactions each day. This degree of capability will be required for the Metaverse to thrive. Telos' present capacity is adequate to fulfill the transaction demands of every existing layer 1 chain, as well as all of their projected future development over the next decade.
With any of the third-party comparisons below, one can plainly observe some of Telos' demonstrated qualities for themselves.
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