Platform
TELx: Storage Capacity
TELx has a very high, if not infinite storage capacity. Automated Market Maker (AMM) liquidity pools can store any infinite number of tokens and facilitate decentralized exchange for consumers. Liquidity miners produce liquidity pools, earn fees from consumer exchange, and all parties maintain self-custody over their property throughout the entire lifecycle of the exchange without reliance on third party intermediaries at any time.
| Characteristic | Description |
|---|---|
| System Storage Capacity Degree to which the system can store, maintain resource units for later use. | High Storage facilities, staking contracts can be programmed to store, maintain, generate TEL for extraction over any duration of time. Liquidity pools store assets on blockchains by utilizing smart contracts that hold the pooled assets and manage the interactions between liquidity providers, traders, and the AMM protocol. Liquidity providers deposit assets into the smart contract, maintaining ownership through their LPT, and creating a pool that facilitates trading, maintains a market for the tokens, and collects fees from traders. The smart contract stores the deposited assets on the blockchain and updates their distribution based on trades and liquidity provisions, ensuring transparent and secure management of the pooled assets. |
| Individual Property Storage Capacity Ability for individuals to store their assets and systems used by actors to store private property. | High Miners and consumers can use any web3 wallet to provide staked liquidity and exchange their assets. The system itself does not have built in user-storage and access systems (like e.g. TAN). |
| System Memory The ability for the system to retain information about system dynamics and internal use patterns. | High Blockchains are designed to store and retain information in an immutable and transparent manner. This feature makes it possible to track TELx system dynamics and internal use patterns in real time, over time as interactions occur. Each block in a blockchain contains a set of transactions, along with a timestamp and a reference to the previous block. This creates a chronological and tamper-proof record of all transactions that have occurred on TELx embedded in the DNA of the production system itself. By analyzing blockchain data, one can gain insights into various aspects of the system, such as transaction volumes, the distribution of assets, network congestion, and fee structures. |