TOP Network
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TOP Network

TOP Network Biweekly Report: July 21st — August 3rd, 2021

TOP Mainnet

According to TOPScan data, there are currently 697 miners and nearly 3.7 billion voting deposits on the TOP mainnet chain, the mining reward is about 330 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. With the expansion of the TOP ecosystem and the rise of currency prices later, the long-term miners in the TOP mainnet will gain immeasurable benefits.

Technological progress

TOP Chain

1. Token mapping mainnet V1.2.3 is completed in the mainnet upgrade. Ether users are now able to map TOP ERC20 Token to TOP Native Token via DApp.

2. The tools and DApp for TOP mainnet mapping have been deployed. Staking DApp for iOS and Android App is still being reviewed in the App Store.

3. Coding for Trust Wallet integration has been completed and is still in the process of acceptance. Technical process for 3rd party hardware wallet has been worked through.

4. The design of TOP dynamic data cropping has been completed. (Note: Dynamic cropping allows the size of consensus node disk space to be related only to the instantaneous maximum TPS and the total number of chain accounts, significantly reducing the storage cost of nodes.)

5. TOP mainnet V1.2.4 minor release (1 month development cycle, expected to be completed on 31 August) is optimising the storage redundancy of various blocks/transactions as expected.

Event Review

1. On July 24, one of the “2021 World Blockchain Conference” series of events organized by TOP Network and TopBlocks, a global leading mining power service provider, was successfully held at the Future Blockchain Innovation Center in Hangzhou.

During the event, Top Network and TopBlocks not only brought the latest breakthroughs in Web 3.0 and the layout of mining power in America to the audience, but also brought an unprecedented amount of benefits to the audience, attracting a lot of visitors. In addition, this private event was also reported and supported by dozens of media outlets, including 8BTC.

2. On 31 July, the TOP Mainnet Mapping Meme/GIF Contest was successfully concluded on Twitter. The contest received a lot of support from the global users, with a lot of creative memes coming out. According to the rules, community users were free to create TOP-related memes to participate in the competition, and depending on the popularity of the memes, the creators would receive a large amount of TOP, and everyone would be rewarded with TOP. In the end, more than 100 global users participated in the competition.

Upcoming Event

1. In the near future, the TOP mainnet mapping benefit events will come soon. “Zero cost to be TOP miners”, “Stake to share 10 million TOP”, “Stake FIL get free FIL mining power”, many benefits to enjoy! Follow TOP mainnet mapping and join the TOP community to get the first news of the benefits online!

Join thses everts: https://www.topstaking.io/activity

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.

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TOP Network Official Account

TOP Network is a decentralized blockchain ecosystem composed of public blockchain, DApps & decentralized communication. Website: www.topnetwork.org