Technical analysis by DaVinci_PR about Symbol TLOS: Buy recommendation (12/12/2024)

DaVinci_PR

Telos released EVM 2.0 Upgrade x.com/HelloTelos/status/1867253606535037409See below: We are pleased to announce that as of November 20, 2024, Telos EVM version 2.0 has been successfully deployed to production. It is now accessible at:Mainnet: rpc.telos.netTestnet: rpc.testnet.telos.netKey Features and Technical ConsiderationsThis significant upgrade brings our network closer to feature parity with Ethereum while reducing the install footprint. However, there are a few technical considerations to note:EIP-1559 SupportThe fee market change introduced in the London hard fork (EIP-1559) is still under development and not yet supported.Long-Running OperationsLong-running multicall (eth_call) read-only operations will no longer time out.Long-running transactions, however, remain constrained and should be batched.Solidity Version LimitationsNo new changes to Solidity version compatibility. Version 0.8.23 is fully supported, and 0.8.24 is partially supported. See more details here.Transitioning to Version 2.0To modernize our infrastructure, we will discontinue support for EVM versions 1.0 and 1.5 in phases. Partners should prepare for this transition to avoid disruption.Block Hash Calculation ChangesVersion 2.0 introduces a new block hash calculation methodology:Partners not relying on block hashes can migrate seamlessly.For those dependent on block hashes (e.g., exchanges, indexers, subgraphs), re-indexing the chain may be required.Note: Transaction hashes remain unchanged.Rate-Limiting for Legacy VersionsEffective January 6, 2025, we will begin rate-limiting all Telos hosted 1.x RPC infrastructure:Initial limits: 50 requests per secondFurther reductions will follow to encourage migration to version 2.0.Deprecated RPC EndpointsThe following Mainnet RPC endpoints will soon no longer be supported:mainnet.telos.net/evmmainnet15.telos.net/evmmainnet-us.telos.net/evmmainnet-eu.telos.net/evmmainnet-asia.telos.net/evmResources for Node OperatorsIf you are interested in running your own Telos EVM node, detailed resources are available:Installer Script and Documentation: GitHub RepositorySupport: Telos Developer CommunityNext StepsWe strongly encourage all partners to begin migrating to Telos EVM 2.0 as soon as possible to take advantage of its enhanced capabilities and ensure uninterrupted service.Best regards,Telos Core Developers