Telestai is an open-source blockchain platform designed to foster innovation and empower developers and users alike. It offers a decentralized ecosystem aimed at providing solutions for sustainable mining, secure authentication, and user-focused tools. Forked from Ravencoin, Telestai adopts the Meraki algorithm to enable low-power, energy-efficient mining while maintaining a high level of decentralization.

Key Features of Telestai

Low-Power Mining

Telestai utilizes the Meraki algorithm to achieve energy-efficient mining, making it accessible to a wider audience and promoting sustainability. This innovative approach reduces the resource-heavy nature of traditional mining practices.

Developer Incentives

To encourage continuous improvement, Telestai allocates 25% of block rewards to development. This ensures a sustainable ecosystem for contributors and fosters the creation of decentralized applications and tools.

Open-Source Ecosystem

Telestai is committed to open-source principles, enabling developers to build innovative solutions and integrate blockchain technology into their projects without barriers.

Blockchain Specifications

• Maximum Supply: 1,969,194,240 TLS coins.
• Block Time: 1-minute intervals for faster transaction confirmations.
• BIP44 Coin Type: 10117, offering compatibility with popular wallet applications.
• Public Key Address Prefix: 66, creating unique identifiers for Telestai wallets.

Wallet Solutions

1. Core Wallet: A full-node wallet designed for advanced users seeking maximum control and enhanced security.
2. Electrum Wallet: A lightweight wallet that offers a balance between convenience and security by connecting to remote nodes.
3. Web Wallet: A non-custodial wallet accessible via browsers, ensuring user autonomy and privacy without relying on third-party services.

Lascaux – Decentralized Social Media

Telestai introduces Lascaux, a text-based decentralized social media platform. It emphasizes:

• Community-Driven Moderation: Users collectively manage content visibility.
• AI-Assisted Curation: AI tools enhance user experience by prioritizing relevant content.
• Blockchain-Based Authentication: Secure, passwordless login is achieved through blockchain signatures linked to Telestai wallets.

Users can also participate in a transparent voting system, upvoting or downvoting content. These votes are tied to blockchain-based wallet authentication, ensuring accountability.

Node Setup for Lascaux

To promote decentralization, users can set up Lascaux nodes that host databases and APIs, strengthening the platform’s resilience and scalability.

Mercatus – Ethical Data Sharing

Mercatus is an experimental platform allowing users to control their data-sharing preferences. Key features include:

• Streamlined Data Management: Users oversee their personal data streams.
• Future Monetization Potential: Ethical frameworks enable users to benefit financially from their shared data.

Zeroa – Wallet and Data Capture Tool

Zeroa is a browser extension functioning as:

• A cryptocurrency wallet for seamless transactions.
• A data capture and authentication tool for easy access across Telestai services like Lascaux.

Mining and Network Contribution

Mining Options

Telestai supports various mining approaches:

• Pool Mining: Join mining pools to share rewards.
• Solo Mining: Mine directly to the core wallet for independent operation.

Comprehensive documentation provides guidelines for both methods, encouraging user participation in securing the network.

Economic Model

Telestai’s ecosystem is built on the TLS cryptocurrency, which incentivizes network engagement. Users earn rewards for activities like data storage and engagement. Simultaneously, creators and developers benefit from transparent monetization options, fostering a fair and symbiotic environment.

Trading Opportunities

Telestai’s native coin, TLS, is available for trading on several platforms. Additionally, a wrapped version (wTLS) exists on the Ethereum network, broadening accessibility and compatibility with Ethereum-compatible wallets.

Community Engagement

Telestai is built on collaboration, encouraging active participation from users and developers. Rewards are available for contributions in areas like development, documentation, and marketing. The community stays connected via Discord, promoting an interactive and inclusive atmosphere.

Vision

Telestai aims to revolutionize digital ecosystems by:

1. Empowering Users: Providing tools for decentralized authentication, social media, and data sharing.
2. Fostering Sustainability: Utilizing energy-efficient mining practices.
3. Encouraging Collaboration: Offering a transparent and open-source platform for developers and contributors.

For more comprehensive details, explore Telestai’s official documentation.