TOP Network Bi-weekly Report: April 14, 2022 — April 26, 2022

Tech Progress

TOP Chain

1. The TOP mainnet 1.4.0 version (optimizing real-time and data cutting efficiency, simplifying third-party integration of TOP software development kits, etc.) has been transferred to the mainnet, and most nodes have been upgraded.

2. The second important phase of the TOP-compliant Ethereum specification and contract development project has been completed. EVM virtual machine and TOP consensus, status, synchronization, and other functions have been integrated, and support for deploying contracts and executing Ethereum Solidity contracts. The next phase will improve stability and optimize performance, as well as to conduct security acceptance and in-depth testing.

3. It is expected to debug the cross-chain token transaction between the Ethereum chain and the TOP chain around April 30, which is also the second important stage of the decentralized cross-chain bridge project between the Ethereum ecosystem and the TOP ecosystem.

Activity Review

At 21:00 EST on April 15th, TOP Network co-founder Steve was invited to a panel on how to implement Web 3.0 held by TSVC and MITCEO. In the panel, Steve analyzed the essential difference between Web 3.0, Web 1.0, and Web 2.0, introduced the business model of Web 3.0 in detail, and also deeply analyzed the role of DAO in Web 3.0. TSVC was founded in Silicon Valley in the United States in 2010. It is the first angel fund, focusing on seed round venture capital, and is the only institutional investor in the Zoom seed round.

Important Reminder

Recently, Filet, a partner of TOP Network, has been using the Filet brand for fraud on several platforms such as Telegram and Twitter, as well as on WeChat.

The scammers directly steal Filet’s brand, project materials, and creative content to conduct false publicity on various platforms to lure users into investing.

Investors are reminded that “www.filet.finance" is the only official website of Filet, and the rest of the websites have nothing to do with Filet.

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