Token2049, the renowned event in the blockchain and cryptocurrency industry, once again gathered influential thinkers and innovators from all corners of the globe. This year, Cryptonews reporter Matt Zahab had the privilege of conducting an exclusive interview with John Lilic, the Executive Director of the Telos Foundation. The conversation delves deep into Telos’ recent advancements and strategic direction.
The Telos Foundation is a dedicated organization that supports and promotes the Telos Blockchain Network. Its role in fostering community engagement, funding projects, and driving innovation on the Telos blockchain is vital for the growth and development of the ecosystem. This April, the Telos Foundation made an exciting announcement: it has partnered with Ponos Technology, a leading Zero Knowledge Proof (ZKP) research and development firm, to embark on the development of an optimized, hardware-accelerated Ethereum Layer 2 network. This network will feature SNARKtor, a decentralized recursive proof aggregator developed by Telos. By adopting a hardware-software co-design approach, the teams aim to unlock unprecedented scalability, enhanced data protection, and trustless interoperability for Ethereum users worldwide.
Token2049 remains an essential event for professionals and enthusiasts in the cryptocurrency realm. It serves as a platform for critical discussions and networking opportunities among the industry’s most innovative minds. Esteemed figures like John Lilic take center stage to share their insights and perspectives on the present and future state of crypto on a global scale.
For a comprehensive recap of Day 1 of the TOKEN2049 event, including more insights and in-depth analysis, be sure to explore the link below. And don’t forget to follow us on Google News for the latest updates.
(Link to TOKEN2049 Day 2 Recap: Branching Crypto Cap, Uniting L2s, Tokenizing Staking and More)