Validators process the transactions on a blockchain. A blockchain is a public network used for recording transactions and events in an encrypted and immutable form. Blockchains enable trust-less transactions to occur, without middlemen or their commissions, and without unnecessarily sacrificing your privacy. Telos public network is managed by 21 Active Block Producers and 20+ Standby Block Producers voted for by TLOS token holders.
Blockchains can handle thousands of transactions per second and are the underlying technology empowering the people who are committed to driving the next chapter in our evolution. Telos UK are your Block Producer team, join and support us as we journey into this exciting new world of fair and open source solutions for currencies, commerce and perhaps one day even governance.
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