On October 17th, Telos Network Launch contributors unanimously voted No-Go on activating the Telos Blockchain Network. The Telos Blockchain Network will only activate when all Launch Checklist items are completed, and several milestones reverted from ‘Completed & Tested’ to ‘Functional/In-Testing’ this week.

The items were contracts that relied on the new form of Telos voting for worker proposals, arbitrator elections, and ratifying or amending governance documents. While the voting system worked correctly, an exploit was discovered that would let votes be counted multiple times in some scenarios when they had been voted and then moved and re-voted. A solution for this exploit has been found and now the voting system is being re-written and tested. This necessitated a move from “Complete & Tested” back to “In Testing.”

While this move is unfortunate, overcoming setbacks like these is a reality of software development. Better to find and fix them now, rather than after the launch. The next Go/No-Go vote is scheduled for October 31, which should give us enough time to resolve the great majority of outstanding tasks. You can track our progress with the Launch Checklist: https://telosfoundation.io/launch

Watch the latest Go/No-Go call here: https://www.youtube.com/watch?v=cPJ2GLfwNes

2. ChainRift to list BTC/TLOS and EOS/TLOS

We are excited to announce our partnership with ChainRift, a cryptocurrency exchange led by an experienced team that shares our commitment to establishing a truly community-led blockchain network. They will be the first exchange to list the first BTC/TLOS and EOS/TLOS trading pairs.

Read the full press release here: https://medium.com/@teloslogical/telos-chainrift-collaboration-announced-9840bf902fd1

3. Telos Launch Directors perform 17 practice runs

The Telos Launch Directors, Jerry Huff (BlindBlocArt), J.T. Buice (Big Iron BP/Kainos), Josep Rosich (EOS Barcelona) and Jesse Shulman (CalEOS) have spent the week testing a variety of launch scenarios in preparation for the upcoming network launch. So far they have performed 17 complete launches on the Telos Stagenet, a private version of the Telos Testnet that is used to test all new system software before it is moved into production. Testing continues as new issues are flagged and corrected by the development team.

4. Telos public key prefix changes from TLOS to EOS

Changes in several EOSIO wallets have caused the Telos development team to revise its previous position on the chain’s public key prefix. Previously, the Telos public key prefix was changed from EOS, as it exists on EOS to TLOS. The rationale for this was that it would help Telos members better maintain their key pairs in a future when there are multiple EOSIO chains.

However, recent code changes from Block.One have changed the future plans for EOSIO key prefixes. In the near future, keys will begin with the prefix PUB_K1_ or PUB_R1_ instead of EOS. EOS will be the only legacy prefix to be preserved in the code. Wallet makers like Scatter have responded to this change for their upcoming versions. The key prefix is merely a convenience for users and is not used in hashing functions. For the benefit of users and to ensure that Scatter and other wallets will be able to easily access the Telos mainnet, once launched, we decided to revert our key prefix to EOS. This expands usability for all and the concern over confusing token prefixes is much less daunting because in the future, very few chains are likely to use the EOS prefix at all. Probably only EOS, Telos and a few others.

5. Network Maintenance Updates

The Telos testnet has passed 8.5 Million blocks with high stability throughout the week. The testnet is preparing to re-launch with build 2.5.1.1 today or tomorrow. This will include new voting, BP rotation, and kick features. It will also included the revised public key prefix. An injection of the Telos snapshot with all addresses including those that have performed the key recovery process is scheduled for early this coming week.

6. Governance documents approved

Last week, the Telos Launch Contributors group passed key governance documents: the “regarb” Human-language Contract, Telos Blockchain Network Data Protection Policy, and Telos Blockchain Network Arbitration Rules and Procedures.

“regarb” Human-language Contract

The “regarb” Human-language Contract establishes how arbitrators nominate themselves and was approved by members of the Telos Blockchain Network contributors group on October 12, 2018 with a vote of: Yes — 20, No — 0, Abstain — 0.

https://medium.com/@teloslogical/telos-regarb-human-language-contract-e1a4d0650128

Telos Blockchain Network Data Protection Policy

The Telos Blockchain Network Data Protection Policy affirms the responsibility of Telos Blockchain Network participants and block producers responsible to follow data protection laws and individual regulatory requirements. This contract was voted into effect by members of the Telos Blockchain Network contributors group on October 12, 2018 with a vote of : Yes — 22, No — 0, Abstain — 0.

Review the full document here: https://medium.com/@teloslogical/telos-blockchain-network-data-protection-policy-f5b9fbc65a5b

Telos Blockchain Network Arbitration Rules and Procedures

The Telos Blockchain Network Arbitration Rules and Procedures outlines how elected arbitrators will resolve disputes . This contract was voted into effect by members of the Telos Blockchain Network contributors group on October 12, 2018 with a vote of : Yes — 26, No — 0, Abstain — 0.

Read the full document here: https://medium.com/@teloslogical/telos-blockchain-network-arbitration-rules-and-procedures-d91d5081dbf8

Read the annotated “explainer” version here: https://medium.com/@teloslogical/telos-governance-explained-the-tbn-arbitration-rules-and-procedures-28002852b4f7

9. Telos Improvement Proposals introduced and voted on

A number of Telos Improvement Proposals were introduced, voted on and withdrawn from consideration this week. The recent increase in Telos Improvement Proposal activity is the result of ongoing discussions about equitable token distribution to specific contributor groups and working members of the Telos Foundation.

TIP-12: A mechanism for establishing director salaries for the Telos Foundation. Approved with a vote of: Yes–42, No–0, Abstain–0.

TIP-13: Lower the maximum airdrop in the Telos Initial Distribution from 40,000 TLOS to 20,000 TLOS per EOS wallet. Approved with a vote of: Yes–4, No–30, Abstain–4

TIP-14: Increase the Telos Founders’ Reward Pool from 6 million TLOS to 25 million TLOS. Rejected with a vote of: Yes–6, No–30, Abstain–6

TIPs 15–19: withdrawn by the author.

TIP-22: Adopt initial RAM buy for launch of 25,000 TLOS for account creation. Approved with a passing vote of: Yes–34, No–0, Abstain–0.

TIP-24: Adequately Rewarding Telos Contributors. Introduced for consideration.

TIP-25: Contribute unclaimed TCRP funds to free Telos account creation fund. Introduced for consideration.

TIP-26: TFVT Distribution. Introduced for consideration.

Review all of the Telos Improvement Proposals on our GitHub repository: https://github.com/Telos-Foundation/tips

10 Telos Command Reference Published

This document lists useful commands and their EOS.IO counterparts, which will be especially helpful once the testnet relaunches with EOS prefix keys. https://github.com/Telos-Foundation/telos/wiki/Telos:-command-reference

11. More Telos Foundation Nominees

There are currently fifteen (and counting) excellent nominees for the Telos Foundation Board , but we are still accepting applications in order to build a diverse and competitive selection pool. Candidates or those nominating should send emails and short bios to hello@telosfoundation.io

Read all nominee profiles here: https://www.telosfoundation.io/foundation

Join the Telos conversation and get more info!

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