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Tokamak Network (TON) Coin Review : It Is Good Or Bad Review
Welcome To Wootfi All In One Review Blog > Blog > COINS > Tokamak Network (TON) Coin Review : It Is Good Or Bad Review
COINS

Tokamak Network (TON) Coin Review : It Is Good Or Bad Review

Denny Bitsong
11 months Ago COINS Posted by By Denny Bitsong 5 Min Read Add Comment Tags: Tokamak Network Tokamak Network login Tokamak Network sign up
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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 BasicInformation
Coin Name Tokamak Network
Short Name TON
Circulating Supply2,727,340.00 TON
Total Supply50,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
ChatClick Here To Visit
WhitepaperClick Here To View
Support24/7
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:

  1. A fixed amount is issued every year.
  2. 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.
  3. 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=1Ny​​tsi​tdi​​∗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

Tags: Tokamak Network Tokamak Network login Tokamak Network sign up

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Denny Bitsong 09/07/2021
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