Hello friends, this time I'm trying to complete the task given by our professor @pelon53 entitled [Telos Blockchain,](https://steemit.com/hive-108451/@pelon53/crypto-academy-season-4-intermediate-course-week-2-telos-blockchain)..Hopefully I can finish it well.
> ¿Cuál es su opinión sobre Telos Blockchain? ¿Qué esperas que pase con el token Tlos? Justifique su respuesta.
Actually I am not too familiar with what is called Telos Blockchain, because in several Crypto and Blockchain Forums I have never heard of a name other than the Ethereum protocol, Polkadot, Tezos, ADA, I think, when I first read the assignment given by @pelon53, it was Tezos, I was wrong.
After I studied the course that was given, I saw many advantages of this protocol, but why is this protocol very little talked about? I don't know what is the reason why this Protocol is not so well known. (or did I just hear about it?).
But in my opinion, this Telos is a new revolution in the Blockchain World. The Telos network has many advantages over other blockchain protocols, including the speed and scalability of this network. The Telos network is able to create a block chain in just 0.5 seconds, meaning that there are 2 blocks formed in one second.
Not to mention, transaction fees in Telos are very cheap
Telos also has its own token called TLOS, as of this writing, the price of one Telos Coin reaches $0.790371 with a Market Capitalization of $178,445.072
Why this Telos network is still very rarely known by other people in my opinion is because Telos is unable or has not registered its tokens on major exchanges such as Coinbase, Binnace and Upbbit. Whereas in terms of capabilities and advantages, Telos is above the Polkadot and Ethereum networks.
This Telos Token transaction is really cheap, because as our Professor has explained, the Virtual Machine in Milki Telos is also still similar to Ethereum's Gas Filling, but its value is estimated to be less than 0.1% for identical transactions.
> Usando el explorador de bloques telos tracker, tome capture de pantalla del último bloque irreversible en el momento de realizar su tarea y detalle el BP y la fecha.
Well here I did the last Irreversible Block Tracking when I made this post.
By visiting Telos [Tracker block explorer.](https://telostracker.io)
Then we will see irreversible block as I marked below.
Here I get the last Block Num is 173612124, then we search for Block Num in the Search Bar, then the result is like this:
With the following details:
- Block Number: 173612124
- Block Producer: eosiodetroit
- Date: 2021-09-15T14:50:53.500
- Block Id: 173612124
- Producer Signature:SIG_K1_JvfJRT6Jy5sTKirb2DE1hhgBuTkbAZmn4m76TYAKhRMn59g7aQsiDTELz9STBgxRESxH11c7VKBFXoW6wZrkuxxFDvf18z
- Number of transactions: 1
#### Transactions :
- Trx ud : 86e84eee0e9753fa4117f0df12e3bc6b5dfd9999544f087cd7226c058ed437d1
- Status : executed
- CPU : 269 s
> Verifique en los 3 exploradores de bloques, los bloques: 15.007.389 y 171.790.000, muestre el BP y la fecha de esos bloques. Se requiere captures de pantalla.
- ### Check Block 15,007,389 in Telos Tracker
Okay, Alright, we will start checking the Blocks ordered through the site: https://telotracker.io/
After we visit the site https://telotracker.io/, Paste or write 15007389 in the Search Bar.
- Then, click enter
So I get results like this:
#### With details as follows:
- Block Number: 15007389
- Block Producer: octagontelos
- Date: 2019-03-10T17:56:52.500
- Block Id: 15007389
- Producer Signature: SIG_K1_KYzHeBvtcoMQQXf6LNyZzNQghw5mjtkRMmpmeswRCCr9TRgXThLa9pMjG4z59rMrJGx4D84RCupeBosA4L6ka6Fr9Rt2M1
- Number of transactions: 0
- ### Check Block 171,790,000 in Telos Tracker
Same as before, Go to the site https://telotracker.io/, Paste or write 171790000 in the Search Bar.
Then, click enter
And I get results like this:
#### With details like this:
- Block Number: 171790000
- Block Producer: teloskitchen
- Date: 2021-09-05T01:30:15,000
- Block Id: 171790000
- Producer Signature: SIG_K1_KWiZrzjeLk3pJGm51WXkXd46wjibGNRgSrxniAZug4bmvb9F6K7w2DCkQwjA1FKHpwXZ1QoGmUYTKyw5AsTymAzPPeDTMS
- Number of transactions: 1
##### Transactions :
- Trx ud : dc78fbf761083603b9673667d43240e1f67de8f76ca5bf86544d6a3ad98ccd67
- Status : executed
- CPU : 5675 s
- ### Check Block 15,007,389 at https://telos.bloks.io/
Visit the Site https://telos.bloks.io/ Paste it or write 15007389 in the Search Bar.:
And I get Details Like this :
I get the information ***"Telos Account Name Invalid"***
- ### Check Block 171790000 at https://telos.bloks.io/
Just like before, Paste or write 171790000 in the Search Bar.. then press enter, and I get results like this:
Here are the details:
- Block number: 171790000
- Block producer: teloskitchen
- Timestamp: 2021-Sep-05, 07:00:15
- Total CPU Usage: 5ms 675 s
- Total NET Usage: 179 B
- Block ID: 0a3d4eb028bdf79864d0774636fa986847d4a58bf569491d2e62f88591262623
- Number of transactions: 1
- Transaction that took place: Transaction.
#### Block Information :
ID : dc78fbf761083603b9673667d43240e1f67de8f76ca5bf86544d6a3ad98ccd67
Expiration : Sep-05-2021, 08:30:43 AM
CPU Usage : 5,675 s
NET Usage 1,432 Bytes
Num Action : 20
- ### Check Block 15,007,389 at https://telos.eosx.io/
- After we visit the site https://telos.eosx.io/, Paste or write 15007389 in the Search Bar.
Then, Click enter, and I get a description like this:
- I get the information: ***"Operation failed"***
- ### Check Block 171790000 at https://telos.eosx.io/
- After we visit the site https://telos.eosx.io/, Paste or write 171790000 in the Search Bar.
- Then, Click enter, and I get a description like this:
With detail :
- Producer : teloskitchen
- timestamp : 2021-Sep-05, 08:30:15
- Total CPU Usage : 5 ms 675 s
- Total NET Usage : 179 B
- Block ID : 0a3d4eb028bdf79864d0774636fa986847d4a58bf569491d2e62f88591262623
#### Transactions :
- Trx id : dc78fbf761083603b9673667d43240e1f67de8f76ca5bf86544d6a3ad98ccd67
- Action : 20
- CPU Usage : 5,675 s
- Net Usage : 179 B
- Expiration : Sep-05-2021, 08:30:43
> En la plataforma de demostración de swap de Telos pulse aquí. Conecte la billetera a Metamask. Luego Transfiera 20 Tlos a Fiat. Y determine el gas que consumió. Luego realice la transacción de 100.000 Fiat a Soon, y determina el gas consumido. Muestre las captures de pantalla de todo el proceso que usted ejecutó. ¿En ambos casos el consumo de gas fue excesivo? ¿Explique?
- Before completing this Task, Make sure we have installed the Metamask Wallet, both on Android and in the Browser, I am currently using the Firefox Browser, and I have installed the MetaMask Wallet
After that, visit the site: https://demo.telos.finance/
- Then click Connect Wallet in the upper right corner.
- Choose Metamask Wallet
- Then a notification like this will appear:
- - After that Click Connect Wallet To Get Test New EVM TLOS, Until You Get Notifications Like This:
- Check Your Wallet, Then You Will Get 100 Telos DEMO.
Now it's time for us to do a demo swapping of Tlos to FIAT and FIAT to SOON
### Swapping 20 Tlos to FIAT .
- On the Main page, Click Test Demo SWAP Now
- And you will be on the swap page, in the section select currency, change to FIAT token.
Enter the number of 20 FIATs that you will swap, and here you can see that I will get an estimated number of FIAT as much as 7109160.
Then, Click the Swab Button, and you will get a confirmation like this:
- Click Confirm, and your MetaMask Wallet will be connected.
Click Confirm, and your MetaMask Waller will confirm to swap 20 Telos to 7109160.
- Then click Confirm, here you have successfully swapped.
- These are the transaction details that I got:
0xaef244314c42bdc2d62bfaa82880049dafa958ae4e4ce8a0ae8b94598ff1549a
Block Number: 130587935
Block Timestamp: 9/17/2021, 8:54:57 PM
To: 0xd03d102C9dfCE013eA4671B5c282D65Cf1eB1DC5
From: 0xE32708dfb96C13363fc8ecB255FE3f7fBC32142c
Value: 20000000000000000000
Gas Price: 2000000000
Gas Used: 51535000
Nonce: 0
### Now I will swap 100000 FIAT to SOON :
- Still on the Swap Demo Page.
- Change Your Main Currency To FIAT, And Change Destination Currency to SOON Token
- Enter the amount of 100000 FIAT in the Currency Section
- And it can be seen that we will exchange I get 0.810234 SOON Token for 100000 FIAT Tokens, Then Then Click Swap, and Confirm.
- Activate FIAT in your MetaMask Wallet and Confirm Again.
- And We Have Successfully Swaping 100000 FIAT Tokens to 0.810234 SOON.
- Add SOON Token To MetaMask Wallet
Block Number: 130588691
Block Timestamp: 9/17/2021, 9:04:33 PM
To: 0xd03d102C9dfCE013eA4671B5c282D65Cf1eB1DC5
From: 0xE32708dfb96C13363fc8ecB255FE3f7fBC32142c
Value: 0
Gas Price: 2000000000
Gas Used: 51700000
Nonce: 2
### Is the Gas Fee Excessive in this Transaction?
Now we will detail:
Transaction of 20 TLOS to FIAT :
Number of Outgoing FIAT Tokens:
20.024201 TLOS
Gas Fee Payment : 0.024201 TLOS
---
Transaction 100,000 FIAT to SOON
FIAT Approve Fee : 0.023989 TLOS
Gas Fee Transaction 100,000 FIAT to SOON = 0.077TLOS.
Total Fee for All FIAT to SOON Transactions : 0.100898 TLOS
---
> So, as I have explained, the cost for the 20 TLOS transaction to FIAT Token is only very little, only 0.024201 TLOS or about $0.02USD at the current Telos price and the Swap Gas Cost of 100000 FIAT to SOON Token is 0.077 TLOS or only around $0.064USD at the exchange rate. TLOS at this time and indeed this depends on how much Token you exchange. But this is only a small part, you will not be at a loss with this low fee, so I can conclude that the transaction fees on the Telos Blockchain are really cheap, I'm sure no one has matched it.
### Closing
I admit that, I do not fully understand this Telos Blockchain, but I have tried my best to complete this task, I thank Professor: @pelon53 who has given a very extraordinary course, thank you
<center>
<h1>Regard by @atim1234</h1>
CC To My professor
@imagen
@pelon53
</center>
