TOP Network
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TOP Network

TOP Network Biweekly Report: September 1st — September 14th, 2021

TOP Mainnet

According to TOPScan data, there are currently 703 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!

Technological progress

TOP Chain

1. Progress of integration between the BitVPN App and the latest version of the TOP mainnet: completed the integration of the new version of the H5 wallet client and started docking user points and token exchange functions.

2. Progress on the sidechain service platform: The general outline of the sidechain service has been designed and completed, while the outline design of specific modules is still being discussed and optimised.

3. Progress on TOP V1.2.4: I/O optimisation of accounts and metadata for the TOP master chain is complete, significantly reducing DB reads and writes for these 2 types of objects.

4. Progress on dynamic cropping of TOP node data: completion of Block Store’s demo of dynamic cropping function for blocks, as well as technical feasibility verification and performance validation.

5. Modify some vulnerabilities in the mainnet, mainly the occasional packet loss of some nodes under the rapid rotation of the P2P network, as well as the API-Service data refresh not being real-time enough, and the missing data problem caused by some data not being stored in the DB when the node restarts quickly.

Event Review

TopBlocks, an overseas headquartered distributed storage arithmetic provider funded by TOP Network, exhibited at the China Blockchain Industry Summit at the China National Convention Center in Beijing from September 10–12. The co-founder of TopBlocks also discussed the current status and trends of distributed storage with industry experts and academics in a roundtable session at the conference.

The conference is now in its ninth year. The first conference was supported and guided by five ministries: the Development and Reform Commission, the Ministry of Industry and Information Technology, the Central Bank, the Banking Regulatory Commission (now the Banking and Insurance Regulatory Commission) and the Securities Regulatory Commission. The conference also received academic guidance from the Chinese Academy of Sciences and Tsinghua University, and brought together 100+ digital technology enterprises to exhibit in the same pavilion, covering six major topics: “Blockchain Government and Enterprise Services, Web 3.0 and Value Internet, Digital Finance, NFT and Metaverse, Privacy Computing and Distributed Storage Forum, and Dual Carbon and Green Finance”.

TopBlocks exhibited its hardware and software technologies in distributed storage, showcased the achievements of blockchain technology, presented the charm of blockchain technology to guests and participants, and deepened industry cooperation and communication.

Upcoming Event

On October 13, 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 13 to 15 October 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.

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TOP Network is a decentralized blockchain ecosystem composed of public blockchain, DApps & decentralized communication.

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TOP Network Official Account

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

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