Telos launches its very own EVM and combat Front Running in Crypto Market

When the news of Ethereum 2.0 broke out, many people were beyond excited. The issue of transaction scalability and sustainability was going to be fixed. However, even Ethereum 2.0 left an essential problem out that crypto investors are still facing, an important problem known as FRONT RUNNING. This problem resulted in the loss of thousands of dollars, and it is still causing the loss of more. Imagine the joy on people’s faces when Telos, a popular third-generation blockchain, announced their new EVM that claims to solve this problem and many more. Yes. Just what you thought. Hope at last! But before we get a little too delighted, let’s get a clear picture of how Telos will solve this problem and outperform other systems. Telos EVM was created to solve problems faced by other EVMs. Each part of Telos EVM seems to fix different problems common in other networks. Telos EVM works just like Ethereum, but it’s different from the original EVM. The platform was built to host a large number of programs from other networks without having to modify anything. Even though Front running is very common in the crypto world today, and it’s why many people lose millions of dollars, not many people know about it. That’s because it happens without them even knowing. Front running happens when bots or miners with insider knowledge about pending trades make a profit off it. The involved individual can skip lines, complete transactions, and then tak...