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Review on TOP by Rajarshi Mitra

Revainrating 5 out of 5

An Impressive Team, Highly scalable, High Transaction Rate, Superfast Confirmation - all the ingredients to make it to the TOP

The TOP Mainnet is yet to be launched in Q2 of 2020, but the project has already generated hype due to its rather amazing features.

TOP is a public blockchain project capable of supporting any DApps requiring high volume transactions such as communications services or gaming.

The main idea behind making TOP a public blockchain is to create a chain capable of delivering 100,000 or more transactions per second (TPS). TOP uses the sharding technology where each TOP can manage 400-500 TPS. With the horizontal scale-out strategy TOP employs, shards can be continuously added, thus TOP can keep increasing the TPS as the network grows. This makes TOP highly attractive.

TOP takes 1-3 seconds to complete transaction confirmation which is much better than Ripple’s 4-5 seconds. To achieve this, TOP uses a two-layer lattice DAG - a unit-lattice data structure to organize transactions and a block-lattice data structure to synchronize account states. This is one of the key technologies (along with two-layer sharding and its pBFT-PoS consensus mechanism) that allow TOP to execute super fast confirmation.

The Co-founder and CEO of TOP, Steve Wei has successfully founded four startups including WebEx, Cenwave Communications, and Dingtone communication app. The TOP team includes early employees of WebEx, Fortinet, and has many years of development experience under their belt, with the founding team having 20 years of hands-on development experience. The experience of successful startups and expertise in communications, cloud computing, encryption, and cybersecurity makes the TOP project look like gold.




Pros
  • The horizontal scale-out strategy of the TOP network makes it highly scalable and the reason behind its extremely high TPS capability (100,000 TPS).
  • TOP offers very fast transaction confirmation speed thanks to its dual lattice DAG architecture.
  • TOP has a highly experienced team of talented developers from successful startups and various fields including communications, cloud computing, encryption, and cybersecurity.
Cons
  • Needs to make its presence known outside Asia