Telcoin Platform
Telcoin Platform
Blockchain Networks: Infrastructure
The Telcoin Platform is a nested structure of three blockchain infrastructure networks, Telcoin Network, TELx, and TAN, which combined generate mobile-based, decentralized financial products and other blockchain services.
Blockchain Networks: Infrastructure Overview
Telcoin Application Network (TAN): Infrastructure
TAN is a network of Telcoin mobile applications that integrate with the Telcoin Platform and enable users to access the system and its products. The system includes both mobile application infrastructure, which are mobile systems that are produced and governed by developers and must meet certain standards, and network infrastructure, which includes TEL storage, distribution, and extraction facilities.
Component | Description |
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TAN Application Infrastructure Mobile application systems that are required to be put into place and maintained by Developers for users. | Telcoin Mobile Application: iOS or Android mobile applications built on the Telcoin Platform including User Interface to the Telcoin Platform: An intuitive interface and system connected to TELx and Telcoin Network services. Banking Infrastructure: Including at least one-fiat on and off-ramp for stablecoins. Staker Capabilities: Staker production, harvesting, and governance functionality in place for users to participate as stakers. Secure-Self Custody Implementation: a secure, multi-signature or multi-party computation wallet implementation for users. Trade Router: Connecting the app to TELx markets for exchange. KYC/AML systems: Verifying the identity of users to ensure 1 user 1 account and compliance with local laws |
TAN Network Infrastructure The technological systems involved in the creation, storage, distribution, and extraction of TEL issuance and other benefits on TAN, managed by the TAN Council. | Storage Facilities: TAN Council and TAN Distribution gnosis safes Distribution Facilities: TAN Council Telcoin-Distributor, TAN Issuance Calculation Script Extraction Facilities: Staking contracts |
TAN Platform Infrastructure The underlying blockchain systems that TAN depends on to function. | TELx: Miners and consumers at the application layer depend on TELx and other adjacent markets to supply and service exchange demand with liquid, decentralized financial markets. Telcoin Network: Telcoin network serves as the execution and settlement layer for application layer users. 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 accessing the open, immutable, distributed ledger the network generates. Adjacent Markets: The other blockchain networks, liquidity pools, and other adjacent markets on the Platform serving as infrastructure for Telcoin mobile applications to offer products to their customers. |
TELx: Infrastructure
TELx is a network of decentralized financial markets, produced by liquidity miners on DeFi protocols, that enable actors to exchange their assets on the blockchain at any time using automated, self-custodial liquidity pools that operate according to programmable, self-executing code independent of a central operator. TELx is composed of DeFi systems involved in the production of decentralized exchange markets, TEL storage, allocation, distribution, and extraction facilities.
Component | Description |
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Network Infrastructure The technological systems involved in the creation, storage, maintenance, generation of TEL within TELx for liquidity miners to harvest and DeFi protocols that facilitate exchange on TELx, managed by the TELx Council using the TELxIP process. | Production Facilities: A network of liquidity pools on DeFi protocols, used for exchange. Storage Facilities: TELx Council Safe, TELx Distribution Safe. Distribution Facilities: TELx Staking Manager, TELx Telcoin-Distributor Extraction Facilities: Staking contracts, TELx.network front-end site. |
Platform Infrastructure The underlying blockchain infrastructure systems that TELx system depends on to function. | Telcoin Network: Serves as programmability, execution, settlement, data storage layer for TELx. 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 verify their ownership and transaction history at any time by accessing the open, immutable, distributed ledger the network generates. Other Blockchains: The other blockchain networks, such as Polygon and Ethereum, which host TELx DeFi markets. |
Telcoin Network: Infrastructure
Telcoin Network is an EVM-compatible, public blockchain secured by GSMA Operator Member, mobile network operators globally using proof of stake consensus. Telcoin Network serves as the base layer execution, settlement, programmability and data availability layer that TAN, TELx and other applications built into the system depend on to operate. The network consists of block production facilities and TEL storage and extraction infrastructure.
Infrastructure Type | Components |
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Block Production Facilities The blockchain systems involved in the production of blocks and other blockchain goods and services. | • Mempool Protocol: Narwhal • Consensus Mechanism: Bullshark · Ethereum Virtual Machine: Execute transaction data • Quality-of-Service: Independent fee markets based on transaction categories • Gas Tokens: TEL • Bridges: Share digital assets across chains · Immutable Distributed Ledger: A real time, transparent, cryptographically-secured and verifiable record of all transactions, ownership, and ownership history. |
Storage Facilities: TEL The facilities that store TEL inventories within the system prior to allocation, distribution, and extraction. | • 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. |
Extraction Facilities: TEL Infrastructure involved in the calculation and extraction of TEL units from the system by miners. | • Telcoin Network Issuance Contract: Automated distributed issuance to validators on a per block basis. Stores TEL on main net that validators can harvest each time the produce valid blocks (block rewards). |
TEL Destruction and Regeneration Facilities Systems involved in the destruction and regeneration of TEL units to the TEL Treasury. | • TEL Burn Mechanism: Transfers a percentage of gas fees contained in each block to a burn contract, where any TEL sent to that address are destroyed and replenished in equal quantity to the TEL Treasury. |