TOP Network is the world's first decentralized open communications network based on Blockchain 4.0 technology.
Existing communication protocols that have already firmly entered our lives face a number of important problems.
Firstly, people all over the world use different applications for mobile messaging, but none of these applications allow cross-platform communications — this is a feature that will be very user friendly.
Secondly, most of these applications are managed by centralized servers that store user information and may be vulnerable to attack. Finally, centralized communications networks are very expensive (server costs, staff costs, etc.). Most of these costs can be eliminated by using cheaper decentralized network structures.
The TOP Network project aims to solve the above problems.
The project plans to create a decentralized open communication network that will provide voice calls, messaging, streaming, VPN service, IoT data exchange, CDN service, cloud storage and other services.
Basic services of the TOP Network ecosystem:
All products used in the ecosystem of the TOP Network project will be linked together by the TOP Chain blockchain chain. The TOP Chain blockchain chain will use the PBFT-DPoS (Practical Byzantine Fault Tolerance with Delegated Proof of Stake) algorithm to confirm the transactions of the internal TOP token and achieve network consensus. Using the API and SDK, which will be provided by the TOP Network project, developers can create applications and integrate them into the ecosystem, where in addition to the base token of the TOP platform, creation of TRC20 standard tokens will be available for the needs of individual projects and applications and interactions between them at the level of smart contracts .Of the total number of TOP coins, 38% will be allocated to the miners for the award, 19% will be nominated for four years (4.75% per year), after the award it will be halved to 9.5% for four years from the initial amount ( 2.375% per year), and so on, halving the rewards to miners every four years.
Product TOP Network:
The TOP Network project has successfully launched a test network, and anyone can test it. On one layer (Shard, from Sharding), the test network reached a speed of 2,000 TPS, which is already more than on some popular blockchain platforms. At the time of publication, according to information from the official site, 88,315,190,992 transactions were successfully completed on the test network, 6 Shards were running at the same time, 192 nodes were running, 433,789 addresses were registered.
On 6 layers (shards), the maximum recorded was 8.664 TPS, the average transaction confirmation time was 1.41 seconds, and the minimum was 0.91 seconds. Anyone can test a temtovy network on the link - Testnet
The tests of the demo decentralized BitVPN application on the network were successfully carried out, and according to the project roadmap, which the project runs without delays, a public release will take place soon, or rather, in the fourth quarter of 2018. As the platform develops, the Dingtone, SkyVPN and CoverMe applications, which are based and developed by the members of the TOP Network team, will be introduced into the TOP Network ecosystem. The implementation of the above projects will provide the platform with about 50 million users, and according to the developers, migration will go unnoticed by users.
t is also the first project that the Huobi Global team selected to launch a new platform “Huobi Prime” on March 26, 2019
Huobi Prime will be launched on March 26 at 21:00 Singapore time (GMT + 8) simultaneously with the TOP Network campaign.
1.5 billion TOP tokens (7.5% of total emissions) will be distributed among users in three rounds lasting 30 minutes each. The price for one token in the first round will be $ 0.00177, in the second - $ 0.00213, in the third - $ 0.00255.
Purchase of tokens will be carried out with the help of market orders in the TOP / HT pair. At the same time, placing limit orders or requests via the API during the three primary bidding rounds will be prohibited. The individual limit for one account is $ 1000.
You can get acquainted in detail by the link
More information about the project you can find on the links below:
Website - https://www.topnetwork.org
Whitepaper - https://www.topnetwork.org/whitepaper
Twitter - https://twitter.com/topnetwork_top
Telegram chanel - https://t.me/topnetwork_top
Bitcointalk Username: vek_airs