TOP Network Biweekly Report: December 13, 2023 -December 26, 2023

Technical Progress

1. Web3 Framework Part One: The Web3 gaming framework that integrates the TOP SDK, consolidating common mechanisms of various mainstream mini-games and unifying game settlements for non-wallet mode gaming businesses. Currently, the unified game settlement framework has completed development and self-testing, and it is expected to pass the testing verification next week.
2. Web3 Framework Part Two: The cross-chain universal DAO governance system built on the TOP chain that supports the TRON (TRX) blockchain has completed its development, with the testing group anticipating the completion of validation within 1–2 weeks.
3. Web3 Framework Part Three: The SocialFi framework based on the TOP chain assists ecosystem project partners in finalizing the product design processes for new versions, verifying the feasibility of this framework.
4. The overall progress of the TOP mainnet version 1.15.0 is delayed due to recent changes in research and development resources and will take some time to complete. The version initially scheduled for January is now expected to be postponed by more than two weeks.

Composition of the Total Reward of Miners

Node vote reward: Each node needs to have a deposit when running, and the total number of votes must be higher than the deposit. All nodes’ votes are combined and the node’s ratio is calculated after which the node can earn rewards in proportion. In general, the impact of users’ votes on this part can be ignored.

Auditor reward: As an auditor, the node needs to compete to become an auditor when a block is produced. The success of the competition is determined by the node’s auditor stake value, which the higher the value, the greater the node’s winning probability and the more work required. The stake is calculated as follows: stake = (node deposit + node votes/2) * node credit score.

Validator reward: As a validator, the node needs to compete to become an validator when a block is produced. The success of the competition is determined by the node’s validator stake value, which the higher the value, the greater the node’s winning probability and the more work required. The stake is calculated as follows: stake = sqrt((node deposit + node votes/2) * node credit score).

Therefore, the higher the node’s credit score, the higher the total reward that the node can earn itself.

Node Stake Algorithm

All nodes that need to participate in consensus have node stakes which include auditor, validator, Beacon, and Beacon. Different roles correspond to different node stakes and algorithms for different roles are different.

#Auditor stake
Auditor stake is related to node deposit, the votes obtained, and the auditor credit score.

Auditor Stake= (Miner Deposit+Votes/2) * Auditor Credit Score

#Validator stake
Validator stake is related to node deposit and votes obtained.

Validator Stake=sqrt[(Miner Deposit+Votes/2) /*Validator Credit Score]

The maximum validator stake is 5,000 (can be adjusted by on-chain governance).

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