TOP Network
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TOP Network

TOP Network Biweekly Report: June 10 — June 23

Highlight

On June 23, TOP Network Co-Founder Noah Wang attended a meeting with the Chairman of Tianjin Wenheng Technology Development Co., Ltd. — Li Hongying. This meeting, titled “Information-based Data Security Strategic Cooperation,” took place in the conference room of Tianjin Foreign Economic and Trade Enterprises Foreign Development Promotion Association. Attendants included the likes of Hu Hao, deputy head of Nankai District, former first-level inspector of Tianjin Federation of Industry and Commerce, and Geng Wei, former president of the Council for the Promotion of Foreign Development of Foreign Economic and Trade Enterprises. This powerful alliance presents an exciting opportunity for TOP and also allows blockchain and the traditional construction industry to explore new use cases.

TOP Staking

On June 23th, the number of TOP tokens staked exceeded the 1 billion mark hitting a new high. Over the last two months, there has been a surge in the amount staked on TOP network. It looks like our Toppers are staking more and more because they are confident about TOP and very optimistic about its future. We are very grateful for their support. If you have any questions about staking, please feel free to reach out to our admins.

Technological progress

1. The functional development on the main branch of the main chain (Main-Branch) has ended, and the development model has shifted from agile to a strict process to ensure stability. The growth of regression and new bugs has been controlled in the past two weeks, and the overall quality has continued to improve.

Specifically, looking into the current version (kernel version (xtopnode v0.97)): the basic-level module is stable, but there are dozens of bugs in the service and application modules that need to be completely resolved.

2. The optimization tasks of the current version of the main chain have been basically completed. The key task list is mainly the following three items:

  • Chain system-level contracts (main voting contracts, workload consensus/rewards) increase rapidly with the increase in the number of shards and nodes and hence needs to be further optimized. This will include data compression, reducing the number of Logic Tables, reducing Beacon and Interaction between shards, etc.
  • State-VM to record and playback the changes of instructions to VM. This will compare the state’s consistency at any height and any order number and will be used for in-depth testing of consensus data consistency.
  • P2P network anti-DDOS attack optimized version 3.

3. Operation and maintenance to accelerate the progress of the main chain and temporarily reduce key tasks. We are also in the process of creating a maintenance kit for large-scale mining pool services..

Community Activity

On June 18, TOP Network Co-Founder Noah Wang was invited to participate in the community AMA of Blue Sea, a popular Vietnamese community. During the AMA, Noah Wang gave a comprehensive introduction to the TOP Network and answered various community partners’ questions. TOP has been busy cultivating overseas markets. The Southeast Asian, Japanese, and Korean markets have received close attention from us. We will continue to increase investment in overseas markets in the future.

On June 23, we held a Korean KOL AMA in the TOP Korean telegram group! As always, we loved interacting with them and find their enthusiasm very infectious.

You can find TOP Network on:

Email Contact: contact@topnetwork.org

Official Website: http://www.topnetwork.org

Telegram: https://t.me/topnetwork_top

Twitter: https://twitter.com/topnetwork_top

Medium: https://medium.com/@topnetwork

Kakao: https://open.kakao.com/o/g7g9YBwb

Steemit: https://steemit.com/@topnetwork-top

Reddit: https://www.reddit.com/user/topnetwork_top

Instagram: https://www.instagram.com/topnetworktop/

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 80 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.

TOP Network was founded by Steve Wei in Silicon Valley in 2017, with the R&D team based in China. Steve was one of the earliest employees of WebEx in the 1990s. After WebEx, he founded Cenwave Communications, a successful video conferencing software company which was acquired by Huawei in 2010. In 2012, Steve co-founded Dingtone, a publicly listed company operating a set of communications Apps with over 80 million global users.

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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