Toponet Establishing a Fast, Safe and Convenient Network, Promoting the Blockchain Development of Token Economy

The rapid development of blockchain technology is bringing new changes to the world, and the economic system formed by digital assets is gradually improving. At present, there are tens of thousands of digital assets in the market, and the market is still expanding, yet the problems and challenges are increasing rapidly. How to solve the current blockchain TPS problem? How to avoid frequent security problems? How to achieve the change of Token to Token Economy? Toponet is exactly facing up to the problems and challenges of the Blockchain, and is trying its utmost to make a contribution with its part.

The core of the blockchain technology is to decentralize, which allow each user to participate in the validation and backup of transactions. It has an intention of excellent design, but its TPS is too low to meet the increasing load demand due to the limitation of mechanism and hardware network. If uncontrollable factors result in a decrease in network Hash Rate, the network will be in congestion, and the utility of the network will continue to decline. In order to improve the performance of blockchain, Toponet first allows institutions or organizations to set up nodes through a set of auditing and reward mechanisms, and then allows users to enjoy the services provided by the nodes. Toponet optimizes the connection between each node to ensure the synchronous speed. Toponet creates "channels" to help users manage block-chain assets, achieving rapid digital asset exchanges while reducing fees. After the channel is closed, the Toponet trading engine can settle the digital assets to the user with the lowest GAS, which can not only bring good service to the user, but also reduce the load on the chain.

The security of digital assets in the blockchain has always been the focus of attention. So far, there have been many security incidents and a large number of digital assets have been stolen, so that in blockchain, the security of the private key becomes particularly important. Toponet is making a lot of efforts on security. We use annular signature technology to secure channels and make private key signature devices to help users protect their digital assets. Toponet has started the design and planning of Planet Series hardware products, and a private key signature device code-named”Mars” is under development. We want to make a secure and easy-to-use private key signature device, which can be connected to any device by wireless and authenticate the signature. Toponet has worked with multiple teams to design and create new communications protocols that will be compatible with more devices in the future, including digital assets, POS machines and other pay-receiving devices.

Blockchain is facing new challenges, and its practicability of digital currency is controversial. Token is transforming from tokens to certificate, the using of Token means a kind of interest that people have gained, by presenting generally tickets, integration, contracts, certificates, credit cards, securities, authorities, qualifications, etc. IN Token Economy, and circulating in the Toponet to let the market to find the value. Toponet is building its own virtual machine, providing richer functionality support, and building complex application scenarios. It is working hard to make a new contribution to advancing blockchain technology.