TOP Network Biweekly Report: June 8th — June 22nd, 2021
TOP Mainnet
According to TOPScan data, there are currently 737 miners and nearly 1.5 billion voting deposits on the TOP mainnet chain, the mining reward is about 280 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. The mainnet v1.2.3 has completed development and testing, and the community is expected to start the mainnet upgrade process next week.
2. A new independent full node role (with all sharded data, but not involved in consensus and forwarding) has been developed, simplifying the capital and time costs for 3rd party browsers, wallets, exchanges, etc. to deploy their own nodes.
3. The acceptance of DApps and Ethereum contracts etc. for TOP Chain mapping has been completed. Some tweaks and optimizations to the homepage, documentation, and blockchain browser are in progress.
Event Review
On June 11, TOP Network teamed up with Venus Queen to conduct an AMA in Telegram community on topics related to TOP mainnet mapping, synchronizing the current progress of TOP mainnet to TOP’s global community users and answering various questions about mapping.
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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