About Tokamak Network (TON)
Tokamak Network (TON) is a protocol that enables frictionless deployment of plasma chains on Ethereum. The protocol will help build an environment where more robust DApps can be developed by improving the scalability of Ethereum, which is used as the root chain. Plasma, proposed by Joseph Poon and Vitalik Buterin from Ethereum Foundation, is a scalability solution for Ethereum. In plasma, child chains periodically commit the root of the block to the root chain, Ethereum. Invalid plasma blocks can be corrected by verifying the root data on the root chain.
PlasmaEVM) is an architecture run a turing-complete plasma proposed by Onther in 2018, which is also used as a critical engine for the Tokamak network. Plasma EVM periodically submits the merkle root and state root of the plasma block to the root chain, prevents double spending through a truebit-like-verification game, and resolves data availability problems through continuous rebase.
Tokamak Network (TON) Storage Key Points
Coin Basic | Information |
---|---|
Coin Name | Tokamak Network |
Short Name | TON |
Circulating Supply | 2,727,340.00 TON |
Total Supply | 50,000,000 |
Source Code | Click Here To View Source Code |
Explorers | Click Here To View Explorers |
Chat | Click Here To Visit |
Whitepaper | Click Here To View |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Token Supply and Distribution
The total supply of TON is initial issued amount plus additional issued TONs which is commit reward. New TONs are issued every time the operator commits a block, and the amount is determined proportion to the amount and duration of staked TON.
Principles
All policies related to the supply of TON are based on the following principles:
- A fixed amount is issued every year.
- The amount of new TONs issued is proportional to the amount of staked TON and its period. If the staked TON is less than the total amount of TON in the chain, or the staking period is shorter than the maximum value, there will be less TONs issued than the amount in #1.
- The unissued amount in #2 will be used as prize money for the PowerTON game (check details in [PowerTON])
Supply
Initial issued amount is ISIS and maximum commit reward every year is denoted to S_{y} = IS*IR_{y}Sy=IS∗IRy. However, depending on the amount and duration of the staked TONs, as specified in principle 2, the actual amount issued annually, s_{y}sy, may vary. s_{y}sy is calculated as follows:
s_{y} = \sum_{i=1}^{N_{y}}\cfrac{td_{i}}{ts_{i}} * S_{b}sy=∑i=1Nytsitdi∗Sb
Notation
- ISIS : Initial issued amount
- IR_{y}IRy : Annual target inflation Rate
- S_{y} = IS*IR_{y}Sy=IS∗IRy : Annual maximum commit reward
- s_{y}sy : Annual actual commit reward
Challenge
Ethereum, a powerful platform for decentralized applications, has limitations.
Various Layer 2 solutions are emerging in effort to tackle such challenges. All layer 2 solutions are excellent; however, a protocol that safely connects different layer 2 solutions to expand and improve the ecosystem does not exist yet. This slows down the application and improvement of layer 2, causing fragmentation of the ecosystem.
Solution
Tokamak Network is a network of Layer 2 networks; a protocol and a platform that easily and securely builds and connects Layer 2 networks.
Easy custom layer 2 network deployment
Support all types of layer 2 protocols
Ensure full verification from day one within Tokamak Network ecosystem
Support interoperability via Cross-layer Message Protocol
Optimistic Rollups Layer
2 solution with on-chain data computed off-chain. Its validity is verified with a fraud-proof system
zk Rollups Layer-2
solution with on-chain data computed off-chain. Its validity is always fully verified with validity proof (a.k.a. zero knowledge proof)
Tokamak Plasma
Fully EVM-compatible Plasma implementation secured with continuous-rebase
Leave a Review