FAQ
  • I. Project Overview
  • II. Technical Details
  • III. Tokens How to Earn Them
  • IV. For Developers

I. Project Overview

Q1: What is TOP?

TOP Network is a decentralized blockchain ecosystem composed of a 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.
TOP Chain is powered by an innovative three-layered ledger architecture consisting of the main chain, service chains, and off-chain ledgers, and 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. The result is a public 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 communications, 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.

Q2: Why did the team want to build a public blockchain platform?

We didn't intend to build a public blockchain platform, but we soon realized we had to.
When we started the project in 2017, we had 40 million users to move onto TOP Network, which meant TOP Network needed to process over one hundred thousand transactions per second upon its launch. We tried to find an existing public blockchain platform to serve as a ledger for TOP Network, but it turned out that no blockchain platform could reach such high TPS. In the end, we had no choice but to build our own ledger – a general-purpose public blockchain platform that can handle real-world business of any size or volume.

Q3: What is the current status of TOP?

The Whitepaper for TOP Network is available! Click “Whitepaper” on our website to get access to our whitepaper.

Q4: Who has invested in your project so far?

We closed $11 million in early investments from prestigious institutional investors, including Fenbushi Capital, Danhua Capital (DHVC), NGC, LD Capital and more.

II. Technical Details

Q5. What’s the plan to build up the TOP Network ecosystem?

The number of blockchain platforms is now far more than the number of DApp developers. We have a very large user base, and the apps we have already built can be moved to TOP Network. So, these users will be brought to TOP Network.
Essentially, we will not count on third-party developers in the early stages. We have enough users and apps to jumpstart the ecosystem ourselves. We even have established two in-house game teams. They are building serious blockchain games beyond the complexity of simple gambling games currently topping the DApp market. Once we get all of these things done, we will reach out and begin marketing to third-party developers.

Q6. What’s the plan to build up the TOP Network ecosystem?

Several years ago, we designed a distributed network layer before we developed our communication apps—Dingtone, CoverMe and SkyVPN. These apps share the same underlying network layer, which will be replaced by TOP Network. That means Dingtone, CoverMe and SkyVPN will be transparently moved to TOP Network. In fact, the users won't even notice the migration process.

Q7. How many developers are involved in TOP? Why is three layers of distributed ledgers better than a single layer?

BitVPN is only a demo app that is being built on TOP network. TOP Network is much more than a VPN app. We are building a public communication network infrastructure that can provide any kind of communication services, such as messaging, calling, CDN, streaming, storage, IoT data sharing and more. VPN is only one of the communication services that TOP provides.

Q8: What kind of measures will be implemented to secure the chain with sharding and its security liabilities?

Several years ago, we designed a distributed network layer before we developed our communication apps - Dingtone, CoverMe and SkyVPN. These apps share the same underlying network layer, which will be replaced by TOP Network. That means Dingtone, CoverMe and SkyVPN will be transparently moved to TOP Network. In fact, the users won’t even notice the migration process. Over 50 million users will be immediately available on TOP Network once it’s launched.

Q9: What’s TOP’s innovative sharding technology?

TOP Chain is the world’s first full-state sharding public chain powered by sharding technology that supports true horizontal scale-out. Each shard can achieve 500 TPS.
In terms of sharding, TOP Chain scales through three types of comprehensive sharding: network sharding, state sharding, and compute sharding.
The consensus network is split into three layers: the Edge Network which provides client access points, the Routing Network which audits transactions and synchronizes state, and the Consensus Network which validates transactions sent to each shard.
State sharding manages storage across the lattice data structure, and compute sharding partitions the computation between clusters and shards to perform transaction validation in parallel.
Thanks to comprehensive multi-layer sharding technology, TOP Chain is able to achieve horizontal scale-out to reach up to 1024 shards in total. Moreover, we can increase scalability essentially linearly by simply increasing the number of shards.

III. Tokens & How to Earn Them

Q10: What is TOP’s token economics?

The token economy is core to the ecosystem. Buybacks and burning has been effective in maintaining the value of stocks. In our token economy, TOP token will be burned. 10% of the communication service fee is burned. For example, let’s say a VPN app needs to pay 100 TOP tokens to some service nodes. In this case, 10 TOP tokens will be burned, and the nodes will receive 90 tokens. Secondly, apps need to deposit tokens to access resources such as bandwidth, storage, and CPU. Lastly, every validator needs to stake tokens and receive votes from token holders based on token ownership.

Q11. How can I convert TOP tokens to cash after I get tokens from mining?

TOP tokens are listed on several cryptocurrency exchanges such as Huobi Global, Coinsuper, Bithumb Global, Binance Dex, and Piexgo. You can sell TOP tokens for other cryptocurrencies or cash on those exchanges.

Q12. Will you offer a bounty or proof-of-care program?

Yes, we have kicked off an array of TOP Network bounty programs! You can find them on our bounty bot: https://t.me/TOPNetworkBot.

Q13. I'm trying to develop a Dapp on my own. How can I make use of your project?

Once TOP tokens are listed on a cryptocurrency exchange, you can sell the tokens for cash.

IV. For Developers

Q13. Will you offer a bounty or proof-of-care program?

TOP Network is the world’s first full-state sharding public blockchain built for high-frequency business such as communications, gaming, social networking, big data, AI and IoT. Any app can tap into the platform through our APIs and SDKs. If you are building a DApp, TOP is the perfect choice for you. With TOP, you no longer need to build your own stack, deploy servers, and maintain the network. With relatively few lines of code, you can build powerful and scalable DApps.

Q14: If an individual wants to develop a DApp using TOP Network, how can he/she develop that DApp on your platform and what benefits can you provide him/her?

Steve: You build the user interface and we handle the technical stacks. Traditionally, you may need a year to build a DApp, but with TOP you will only need a few weeks. You do not need to host your own network, which saves you tons of money.

Q15. I’m trying to develop a messaging app on my own. How can I make use of your project?

TOP Network provides cloud communication services such as messaging, calling, video, VPN, CDN, IoT data sharing and more. Any app can tap into this network through the API and SDK we provide. If you are building a messaging app, TOP is the perfect choice for you. With TOP, you no longer need to build your own communication stack, deploy servers, and maintain the network. With a few lines of code, you will have a powerful messaging app.