TOP Network Biweekly Report: August 18th — August 31st, 2021
According to TOPScan data, there are currently 700 miners and nearly 3.7 billion voting deposits on the TOP mainnet chain, the mining reward is more than 400 million TOP. At present, TOP mainnet mining is still in the bonus period. The earlier you join the mining, the higher profit you can get. TOP mainnet mapping campaigns are coming soon, please stay tuned for more rewards and benefits!
1. Progress of integration between BitVPN App and the latest version of TOP mainnet: New economic model, H5 wallet integration, Point/Tokenization, user incentive and other product definitions have been completed.
2. Progress of Sidechain Service Platform: The first hard-coded demo version of the one-click issuance sidechain was completed, and the technical feasibility verification of the sidechain platform was completed.
3. Progress of TOP V1.2.4: Acceptance of V2 version of transaction structure was completed, acceptance of receipt batch optimization was completed, and data validation of the second phase of Block Store I/O optimization of TOP Chain was completed.
4. Progress of TOP node data dynamic cropping: StateStore has supported dynamic cropping.
5. The development of tools for on-chain data off-chain automatic verification and reconciliation is completed, and the mainnet data can be compared and verified.
6. Full-node V2 optimization completed.
On September 15, TopBlocks, an overseas head computing power service provider funded by TOP Network, will be invited to participate in the “2021 World Blockchain Industry Summit Forum and the First Blockchain Application Experience Exhibition”, which will be guided by the Office of Information Network, the Ministry of Industry and Information Technology and the Shenzhen Municipal People’s Government and hosted by the Shenzhen Communications Administration.
The conference will be held at Shenzhen Convention and Exhibition Centre from 15 to 17 September 2021. More than 100 experts and scholars from government, associations, research institutes and other organisations will be invited to discuss the development of blockchain technology and other cutting-edge high-tech concepts.
About TOP Network
TOP Network is a decentralized blockchain ecosystem composed of 4th-generation public blockchain, decentralized Apps (DApps) and decentralized communications services.
TOP Chain, the public blockchain infrastructure underpinning the entire decentralized ecosystem, is the world’s first full-state sharding public chain and a high-performance platform for large-scale DApps. Powered by an innovative three-layered ledger architecture consisting of a main chain, service chains, and off-chain ledgers, TOP Chain is capable of handling real-world business of any size and volume. TOP Chain applies technological innovations such as a two-layer lattice DAG, two-layer sharding, and a parallel pBFT-PoS consensus mechanism, making a single chain capable of processing over 100,000 transactions per second. Equipped with high TPS, airtight security, and extremely fast confirmation times, TOP Chain is a reliable platform for services demanding high-frequency transactions such as communication, gaming, social media, big data, artificial intelligence, IoT, and more.
The long-term mission of TOP Network is to build a public blockchain infrastructure for all DApps. Our world-class team of over 100 developers is striving for this goal. We have already developed HiWallet, a cryptocurrency wallet, and are currently developing a series of blockchain games and more large-scale DApps on top of the ecosystem.
Moreover, over 100 million global users will be progressively migrated from the pre-existing communications Apps — Dingtone, CoverMe, and SkyVPN — to TOP Chain, generating a huge volume of transactions and traffic to make TOP a prosperous blockchain ecosystem.