TORUS
Blockchain
Whitepaper
Disclaimer:
This
document is a technical white paper that outlines the present state
and plans of
the
TORUS platform and ecosystem supported by the TORUS CHAIN Verein.
The sole
purpose
of this document is informational, aimed at providing an overview
and not an
exact
roadmap
of
plans.
Unless
explicitly
stated,
the
innovations
and
products
described
in this document are under active development and have not yet been
fully
incorporated
into the platform.
TORUS
does not provide any guarantees or declarations regarding the
successful
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or
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innovations,
or
activities
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©
2024 TORUS CHAIN Verein. All Rights Reserved.
Abstract
TORUS
is a blockchain developed to meet the specific
challenges of the digital media
industry.
Leveraging the Asynchronous Byzantine Fault Tolerance (aBFT) model
and
Directed
Acyclic
Graph
(DAG),
TORUS
provides
exceptional
scalability, speed, and
unique
monetisation opportunities. It seeks to redefine
the digital media landscape by
seamlessly
integrating into existing platforms and addressing the scalability
issues
that
burden centralised media networks. By fostering a more efficient,
decentralised
solution,
TORUS
stands
to
propel
the
digital
media
industry
into
a
new
era
of
blockchain-driven
transformation.
Introduction
In
the digital era, blockchain technology continues to grapple with
challenges in real-
time
transaction settlements and scalability. Despite the ground-breaking
innovations
from
Bitcoin
and
Ethereum,
the
sequential
processing
of
transactions
results
in
delayed
confirmations,
thus limiting broad adoption.
While
smart contract platforms such as Substrate and CosmWasm are
emerging, the
application
of
public
distributed
ledgers
across
industries
remains
sporadic.
The
TORUS
network has been developed to counter these challenges, leveraging
the EVM
principles
to provide an advanced smart contract solution.
TORUS
is aimed at addressing the scalability issues that are
characteristic of existing
public
distributed ledger technologies. Eschewing the traditional block
ledger-based
storage
infrastructure,
TORUS
works
to
enhance
existing
DAG-based
protocols,
thereby
offering
a more robust solution.
Visualisation
of Direct Acyclic Graph
TORUS's
protocol, which is built on an Asynchronous Byzantine Fault
Tolerance (aBFT)
model,
ensures network consensus. This feature enables applications on the
TORUS
blockchain
to have their transactions
finalised
in
less
than one second.
Beyond
merely ensuring compatibility among global transactions, TORUS is
designed
to
foster an ecosystem that enables real-time transactions and data
sharing at a
minimal
cost, specifically
tailored to the needs of the digital media industry.
With
its capabilities in scalability, speed, and low transaction fees,
TORUS presents a
decentralised
solution to the scalability issues that afflict
centralised media networks.
Byzantine
Fault Tolerance Visualised
Overview
TORUS
is a high-performance, media-centric blockchain platform inspired by
the
innovative
technology
of
the
Fantom
network.
Built
for
speed,
scalability,
and
reduced
transaction costs, TORUS is perfectly suited for the fast-paced,
high-volume
digital
media industry. It supports a high volume of transactions, and it
supports a
high
volume of transactions suitable for the media industry needs that
facilitate
content
creation, distribution, and monetisation in ways not possible on
traditional
platforms.
Mission
TORUS
is dedicated to addressing and overcoming the existing scalability
and speed
limitations
in blockchain technology, particularly in the digital media
industry, and is
also
suitable for businesses and governments. In strategic alliance with
Asia's premier
digital
media company, we strive to provide a transformative, decentralised
solution
that
revolutionises how digital content is generated, distributed, and
monetised.
Vision
Our
vision
is
to
stimulate
widespread
adoption
of
blockchain
technology
across
various
sectors, thereby enabling a more decentralised, transparent, and
effective
digital
future.
TORUS
envisions
a
future
where
blockchain
technology seamlessly
integrates
into
the
fabric
of
the
digital
media
industry,
propelling
real-time
transactions
and efficient
data.
sharing,
and
fair
monetisation.
Leveraging
our
access
to
New
Media
Holding’s
expansive
network, with its reach of 1.9 billion followers, 4 million
influencers,
and 20
billion
monthly impressions, we are poised to lead the transformation of the
digital
media
landscape with blockchain.
Industry
Applications
TORUS
is strategically positioned to further venture into various sectors,
including
healthcare,
NGOs, government,
fintech,
entertainment, consumer utilities, gaming,
and
others. The architects behind TORUS are committed to creating a
dynamic, smart
contract-based
ecosystem designed to be integrated seamlessly with the
operations
of
present and future global partners.
Collaboration
Committed
to
facilitating
smooth,
accurate,
and
trustworthy
global
transactions,
TORUS
stands ready to usher in a new chapter of distributed ledger
technologies. As a
strong
proponent
of
the
open-source
approach,
TORUS
encourages
community
participation
in
the
use,
improvement,
and
enhancement
of
its
ecosystem.
To
stimulate
the
creation
of
decentralised
applications
(dApps),
TORUS
will
provide
comprehensive
developer
documentation
and libraries. Through this collaborative
framework,
TORUS
envisions
a
mutually
beneficial
environment where users and
developers
work
together
to
drive
digital
transformation
across
diverse
sectors,
paving
the way toward a genuinely decentralised era.
Torus
Network Enhancement Framework
The
Torus
network
is
undergoing
a
protocol-level
enhancement
designed
to
strengthen
tokenomics,
improve
validator
incentives,
and
support
long-term
ecosystem
sustainability.
To
ensure
network
integrity
and
economic
fairness
throughout
this
process,
a
comprehensive
state
snapshot
of
all
token
balances
including
validators, delegators, investors, holders, and ecosystem partners
will be
conducted
on the existing Torus network.
Following
the snapshot, all legacy tokens will be permanently and
cryptographically
burned.
A corresponding and equivalent token supply will be retained within
the
enhanced
Torus network based strictly on the recorded snapshot. This
mechanism
guarantees
immutability of total supply, one-to-one balance preservation, and
robust
protection
against duplication or double-claim risks.
The
Airdrop Program, described in the following section, establishes the
operational
framework
governing this process.
Token
supply
management
under
the
enhanced
framework
adheres
to
strict
economic
principles:
●
Tokens
may be burned in cases of excessive inflation.
●
Tokens
may
be
redistributed
to
support
liquidity
provisioning,
community
initiatives,
or
ecosystem
growth,
and
will
never
be allocated for profit-making
purposes.
●
Ecosystem
partners on the Torus Chain will independently snapshot user
balances
and
mint equivalent tokens on the enhanced network.
●
An
updated ABI will be provided to ensure seamless ODP integration and
ongoing
application
compatibility.
Block
Rewards and Inflation
●
The
base inflation
rate is set at 1 TQF per second, serving as a reward
distributed
to
validators.
●
Validators
receive a 12% commission as compensation for maintaining
network
security
and operations.
●
Transaction
fees are distributed as follows:
-
50% to validators and delegators (to incentivise
participation).
-
25% burned (to help control inflation
and maintain token value).
-
25% transferred to the treasury, managed by the association for
community
development
and reinvestment.
Challenges
in Contemporary Blockchain Systems
The
transformative potential of contemporary blockchain systems is built
around the
promise
of
eliminating
centralised
authorities
and
intermediaries,
enabling
permissionless
transactions without the need for a trust-based system. This
disruptive
shift
lays the foundation for a more transparent, equitable, and
decentralised digital
economy.
However, this potential is currently shackled by significant
challenges.
A
major hurdle remains the scalability of these systems. As the size
of the network
grows,
so
do
the
demands
on
processing
power,
storage,
and
bandwidth.
This
scalability
problem is further exacerbated by the fact that most blockchain
systems
process
transactions sequentially, resulting in slower confirmation
times. This inability
to
handle high volumes of transactions efficiently
is a considerable roadblock for
industries
that require high transaction throughput.
Additionally,
high transaction costs associated with existing blockchain platforms
act
as
a
deterrent
to
mass
adoption.
These
costs,
combined
with
the
system's
performance
limitations, contribute to a lack of widespread utilisation across
various
sectors,
particularly in industries such as digital media and gaming, which
require a
high-speed,
low-cost, and secure transaction framework.
Thus,
while the foundational premise of blockchain is potent and
promising, these
constraints
hamper its wider application and acceptance. There is a pressing
need for
an
innovative solution that can tackle these inherent challenges and
fulfil
the promise
of
blockchain technology. TORUS endeavours to be that solution,
offering
a fresh
approach
designed to surmount these obstacles and unlock blockchain's full
potential
in
the digital age.
Scalability
Blockchain
technology
promises
permissionless,
decentralized
transactions,
but
widespread
adoption remains limited by scalability constraints. Traditional
consensus
mechanisms
such as Proof of Work (PoW) and Proof of Stake (PoS) were not
designed
to
support high transaction volumes. PoW systems like Bitcoin are
energy-intensive
and
process roughly 7 transactions per second (TPS), while PoS networks
such as
Ethereum,
though more energy-efficient,
typically handle only 15–45 TPS—far below
the
requirements of large-scale applications.
In
addition to throughput limitations, conventional blockchains
suffer
from latency,
requiring
multiple confirmations
before transactions are considered
final.
This results
in
delays that are incompatible with real-time use cases in industries
such as digital
media
and
financial
services, where fast, low-cost transactions are
essential.
These
limitations highlight the need for a new architectural approach that
improves
scalability
and speed without compromising security. By leveraging Directed
Acyclic
Graph
(DAG)
technology
and
an
Asynchronous
Byzantine
Fault
Tolerance
(aBFT)
consensus
model, TORUS adopts a next-generation solution designed to deliver
high
throughput,
low latency, and secure transaction
finality—unlocking
the full potential
of
blockchain in the digital age.
“
TORUS Blockchain Evolution of DAG to DAG and then to
DAG’’
Transaction
Fees: A Critical Consideration in Blockchain Networks
Blockchain
technology is synonymous with democratizing transactions and
enabling
peer-to-peer
interactions
without
reliance
on
a
central
authority.
However,
the
transaction
fees, a crucial aspect of conventional blockchain systems, often
create
barriers
and limit the scope of their application.
Transaction
fees are indispensable for two primary reasons: they incentivise
miners or
validators
to ensure network security, and they act as a safeguard against
potential
network
spamming. In both Proof of Work and Proof of Stake systems, miners
or
validators
receive
these
fees
as
compensation
for
validating
transactions
and
maintaining
the network's robustness. Moreover, by assigning a cost to
transactions,
potential
network spamming by malicious actors can be deterred, ensuring
network
stability.
However,
these very fees often become a hindrance due to their
unpredictability and
size,
especially during periods of high network activity. Transaction fees
in networks
like
Bitcoin and Ethereum can escalate dramatically, making it unviable
for users to
conduct
small-value transactions or engage with smart contracts.
This
issue
is
particularly
pertinent
in
industries
where
microtransactions
are
commonplace,
such
as
the
digital
media
industry.
High
fees
can
restrict
the
broad-based
application
and
adoption
of
blockchain,
and
the
often-opaque
fee
structure,
influenced
by factors like transaction complexity, network congestion,
and
mining
capacity, can introduce uncertainty for users.
High
and unpredictable fees not only limit user participation, especially
for those who
cannot
afford
high costs, but also deter developers from creating applications
that
require
high-frequency
transactions.
This
situation
highlights
the
need
for
a
blockchain
solution that addresses not only scalability and speed but also
ensures a
low
and predictable fee structure.
Transaction
History and Data Integrity in TORUS
In
the
case
of
TORUS,
the
management
of
historical
information
alongside
transactions
inside blocks plays a crucial role in ensuring the robustness and
reliability
of
the
blockchain.
Just
like
in
any
blockchain
system,
each
block
in
the
TORUS
blockchain
contains a collection of transactions, forming a chronological chain
that
serves
as an immutable record of transaction history.
The
inclusion of historical information within blocks is fundamental to
the functioning
of
TORUS. It enables the verification
and validation of transactions, facilitates auditing
and
traceability of the transaction history, and upholds the principles
of transparency
and
immutability that blockchain technology aims to achieve.
TORUS
diligently
maintains
this historical information within each block, securely
storing
and
preserving
the
complete
record
of transactions. By doing so, TORUS
guarantees
the
integrity
and
accountability
of
the
blockchain
network,
allowing
participants
to easily access and verify the transaction history.
This
meticulous
management
of
historical
information
within
blocks
not
only
enhances
the
consensus
and
trustworthiness
of
the
TORUS
blockchain
but
also
enables
seamless auditing, validation, and verification
of past transactions. It fosters a
transparent
and immutable environment, reinforcing the core principles of TORUS
and
its
commitment to revolutionising the digital media industry.
Revolutionising
Scalability and Transparency through DAG-Based Consensus in
TORUS
TORUS
is committed to revolutionising the blockchain landscape. With a
distinctive
approach,
TORUS aims to harness the potential of DAG-based consensus to
overcome
existing
challenges and establish a groundbreaking platform that
redefines
scalability
and
versatility.
TORUS
envisions unlocking the power of potentially infinite
scalability, empowering
the
network
to
process hundreds of thousands of transactions per second,
even
amidst
a multitude of participating nodes. At the heart of TORUS lies the
adoption of
the
Lachesis
Protocol,
a
DAG-based solution meticulously tailored to address the
scalability
limitations encountered by conventional
blockchains.
The
implementation of the Lachesis Protocol within the TORUS ecosystem
introduces
a
novel
paradigm.
Transactions
are
verified
and
processed
asynchronously,
eliminating
the need for conventional validator approvals that can lead to
delays and
bottlenecks.
By adopting a method where each event block independently
verifies
the
preceding
transaction, TORUS ensures uninterrupted transactional
flow,
even under
heightened
loads.
Remarkably,
TORUS
takes
autonomous
control
of
historical
information
management. Event blocks within TORUS house a rich tapestry of
data
packages,
encompassing transactions, Smart Contracts, historical records,
reputation
management,
and rewarding mechanisms.
Through
its
pursuit
of
fast
and
secure
processing
methodologies rooted in DAG
technology,
TORUS
envisions
a
future
where the processing infrastructure across
diverse
industries becomes transparent and reliable. With the Lachesis
Protocol as its
guiding
force,
TORUS
aims
to
expand
its
influence
across
sectors,
collaborating
seamlessly
with Smart Contracts to empower domains including healthcare,
NGOs,
government,
fintech,
entertainment, consumer services, utilities, and gaming.
Technical
Overview
Introduction
Through
extensive research and analysis of blockchain technology, it becomes
evident
that
Fantom
serves
as
a
valuable reference for the development of TORUS. The
insights
gained
from
their
innovative
approach
provide
crucial
guidance
for
addressing
similar scalability challenges in the context of TORUS, with a
particular
focus
on catering to the specific
needs of the digital media industry.
TORUS
has
demonstrated
its
potential
to
significantly
enhance
and
transaction
processing on a large scale.
TORUS
ensures
compatibility
with the broader EVM Networks while enabling the
compilation
of smart contract bytecode specifically
designed for TORUS.
The
Lachesis Consensus Algorithm
The
TORUS Chain is designed to use parts of the Lachesis Consensus
Algorithm (LCA),
which
aims to increase both throughput and robustness by utilising
Directed Acyclic
Graph
(DAG) technology. The LCA is capable of handling up to 300,000
transactions per
second
and
provides
Byzantine
Fault
Tolerant
(BFT)
reliability.
It uses a complex
structure
called the "Lachesis DAG" to preserve irreversible data and ensure
security
through
high-end cryptographic practices. The algorithm operates
asynchronously,
checking
account nonces and transaction chain IDs to prevent replay attacks,
and
coordinates
transaction chronology with the Main Chain list.
TORUS
Development Timeline
Achievements
Stage
1 (Q2, 2023):
●
Research
&
Development:
Kickstart
an
exhaustive
R&D
phase,
laying
the
groundwork
for the TORUS Blockchain.
●
Digital
Presence:
Roll
out the official
website.
●
Blockchain
Explorer:
Embark
on
the
development
of
a
dedicated
TORUS
Blockchain
explorer.
●
Technical
Feasibility:
Undertake
studies
to
implement
a
zk-Rollups
L2
consensus
(a
cryptographic
method
bolstering
privacy
and
scalability)
on
TORUS
Blockchain.
●
Torus
Documentation Platform:
Deploy
a public documentation platform for
Torus
users, validators, Delegators and Developers.
Stage
2 (Q3, 2023):
●
TestNet
Launch:
Unveil
the
TORUS
TestNet,
providing
a
sandbox
for
developers
and early adopters.
●
Feedback
Integration:
Incorporate
community feedback, refining
the TestNet.
●
Testnet
Block Explorer Launch:
Officially
introduce the Blockchain Explorer,
synchronised
with the test net.
Stage
3 (Q4, 2023):
●
Mainnet
Launch:
Officially
launch the TORUS chain Mainnet.
●
Mainnet
Block Explorer Launch:
Launch
a new instance of the block explorer
synchronised
with the TORUS Mainnet.
●
Smart
Contract
Wizard:
Implement
a section in the Torus Documentation
Platform
that allows the creation of a smart contract (such as an ERC20
token)
through
a graphical user interface.
Stage
4 (Q1, 2024):
●
Introduction
of Validator Program:
Release
staking rewards study to Validator
Operators
●
Development
& Release of the Staking Dashboard:
Allows
both Validators
and
Delegators to see their staking details.
●
Development
& Release of the Staking Calculator:
Allows
both Validators and
Delegators
to calculate their expected rewards.
●
Development
of Vesting Platform:
Allows
the distribution of coins according
to
an agreed schedule.
●
Development
of Gas Rebate Platform:
Allows
users to claim a portion of the
gas
spent on specific
types of transactions back to their wallet.
●
Feedback-Driven
Iteration:
Continuously
refine
the TORUS chain based on
user
feedback.
Stage
5 (Q2, 2024):
●
Monitoring
and
Alerting
Dashboard:
Implement
a
monitoring
dashboard
based
on Grafana for collecting different
metrics for running nodes.
●
Development
of Torus Arbitrary Message Bridge (AMB):
Allows
the Web3
community
to send and receive arbitrary messages between Torus and
other
EVM
networks.
●
Cross-Chain
Token Derivatives:
Built
on top of Torus AMB, it allows foreign
tokens
to have a presence on the Torus Network.
●
Purchase
TQF with cross-chain payments:
Build
on top of Torus AMB, which
allows
the purchase of TQF on Torus Chain by making a payment in a
stable
coin
on a different
EVM Chain.
●
Security
Enhancements:
Bolster
security
protocols,
ensuring
airtight
protection
for users
Stage
6 (Q3, 2024):
●
Mainnet
Performance
Optimisation:
Optimised
TORUS
Mainnet
configurations
to improve throughput, reduce transaction confirmation
times,
and
enhance gas efficiency.
●
External
Token
Partner
Integrations:
Initiated
integrations
with
multiple
external
token partners to expand the TORUS ecosystem and enable
deeper
cross-chain
interoperability.
●
Partner
Onboarding Framework:
Established
a structured onboarding process
to
streamline technical collaboration, testing, and integration
validation for
ecosystem
partners.
●
Smart
Contract Library Upgrades:
Upgraded
core smart contract libraries to
support
evolving token standards and implement gas optimisations.
●
Extended
Monitoring for Partners:
Enhanced
Grafana dashboards to capture
partner
activity, system health, and performance metrics across
integrations.
●
Developer
Enablement
&
Documentation:
Launched
developer-focused
initiatives,
SDK references, and technical documentation to support
third-party
development
on TORUS.
Stage
7 (Q4, 2024):
●
Mainnet
Infrastructure
Enhancements:
Improved
node
synchronisation
speed,
transaction propagation, and overall network resilience across
TORUS
Mainnet.
●
Multi-Token
Transaction
Support:
Introduced
support
for
multi-token
transactions,
enabling
seamless
user
interaction
with
multiple
integrated
assets.
●
Upgraded
Cross-Chain
Messaging
(AMB):
Enhanced
the
Torus
Arbitrary
Message
Bridge
for
faster,
more
reliable
communication
with
external
EVM-compatible
networks.
●
Advanced
Network Analytics & Logging:
Implemented
real-time analytics and
logging
tools
to
provide
deeper
visibility
into
network
performance
and
transaction
trends.
●
Validator
Tooling Improvements:
Upgraded
validator dashboards and tools to
support
automated alerting, monitoring, and maintenance workflows.
●
System
Upgrade
Simulations:
Performed
upgrade
simulations
to
validate
network
readiness for the Torus protocol enhancement.
●
Ecosystem
Compatibility
Assurance:
Worked
with
ecosystem
partners
to
ensure
applications and integrations remained compatible with future
protocol
upgrades.
Stage
8 (Q1, 2025):
●
Protocol
Enhancement Analysis:
Completed
an in-depth technical evaluation
of
network
upgrade
requirements,
covering
state
continuity,
economic
alignment,
and infrastructure compatibility.
●
Migration
Planning
&
Architecture
Review:
Initiated
internal
planning
to
identify
configuration
dependencies and optimisation opportunities, including
parameters
such as
maxEpochGas
and
blockGasLimit.
●
Incremental
Security Reviews:
Performed
continuous security assessments to
validate
network robustness following system enhancements.
●
Performance
&
Compatibility
Evaluation:
Assessed
potential performance
improvements
and compatibility considerations under the enhanced
protocol
architecture.
●
Detailed
Migration
Blueprint:
Developed
a
comprehensive
migration plan
outlining
milestones, validation steps, and rollback strategies.
●
Community
&
Validator
Engagement:
Engaged
with
the
community
and
validator
network to gather feedback and align on the protocol
enhancement
roadmap.
●
Ecosystem
Expansion & Token Integrations:
Onboarded
additional ecosystem
partners
and deployed production-ready token integrations.
●
Staging
Environment
for
Migration
Rehearsal:
Established
a
staging
environment
to
rehearse
migration
scenarios
and
collect
performance
benchmarks.
●
Network-Wide
Migration Readiness:
Coordinated
closely with validators and
partners
to ensure full operational readiness for migration
execution.
Stage
9 (Q2, 2025):
●
Network
Enhancement
Execution:
Successfully
executed
the
protocol
enhancement,
ensuring seamless continuity across the Torus network.
●
Post-Migration
Stabilisation:
Optimised
network
performance,
synchronisation,
and validator efficiency
following the upgrade.
●
Expanded
Monitoring & Validator Analytics:
Enhanced
monitoring systems to
include
real-time performance insights and validator-specific
metrics.
●
On-Chain
Governance Enhancements:
Upgraded
governance mechanisms to
enable
greater participation from the community and validators.
●
Cross-Chain
Interoperability
Expansion:
Integrated
additional
EVM-compatible
networks
and
liquidity
channels
to
strengthen
cross-chain
functionality.
●
Comprehensive
Security Audits:
Conducted
full post-migration security audits
to
validate protocol integrity and reliability.
Stage
10 (Q3, 2025):
●
Exchange
& Liquidity Partnerships:
Established
partnerships with exchanges,
liquidity
providers, and market makers to improve trading efficiency
●
Updated
Developer Tooling & Documentation:
Released
updated developer
tools,
SDKs,
and
documentation
aligned with the enhanced Torus protocol
architecture.
●
Ecosystem
Growth & Collaboration:
Continued
ecosystem expansion through
new
integrations, community initiatives, and validator
collaboration.
●
Agent
& Loaner Contracts Deployment:
Deployed
agent and loaner contracts,
enabling
automatic token restaking up to predefined
limits.
●
Price
Stability
&
Slippage
Control:
Implemented
mechanisms
to
manage
slippage
and maintain continuous price stability for buy and sell
orders.
Stage
11 (Q4, 2025):
●
Liquidity
Routing Optimisation:
Optimised
automated liquidity routing and
market
operations to improve depth and user trading experience.
●
Cross-Chain
Trading
Expansion:
Expanded
cross-chain
trading
capabilities,
enabling
seamless asset swaps between Torus and external networks.
●
Trading
Performance
Monitoring:
Continuously
monitored
and
analysed
trading
activity
to
refine
liquidity
strategies
and
ensure
robust
market
operations.
●
RWA
Compatibility:
By
supporting
Real-World
Asset
tokenization,
Torus
extends
blockchain utility beyond digital assets, enabling real-world value
to be
issued,
exchanged, and settled on-chain.
Future
Roadmap
The
TORUS Blockchain continues to evolve, constantly innovating and
expanding its
capabilities
to meet the needs of its community. Our focus remains on
enhancing
scalability,
security, and usability. Here are the key areas we aim to explore
and
develop:
●
Dive
deep
into
understanding
both
zk-Rollups
and
Optimistic
Rollups
as
potential
Layer 2 solutions to enhance transaction throughput.
●
Conduct
a
detailed
analysis
comparing
the
benefits
and
challenges
of
zk-
Rollups
and Optimistic Rollups.
●
Decide
on the most suitable Layer 2 solution based on comparative
analysis.
●
Develop
the chosen Layer 2 solution and test it in a controlled
environment.
●
Post
integration, set up systems to continuously monitor performance
metrics,
ensuring
the solution's effectiveness.
●
Engage
with the TORUS community to collect feedback and make
necessary
refinements.
●
Start
the development of a permissioned side-chain for specialised
services,
collaborating
with businesses and developers to identify potential
use-cases.
●
Design
and develop the side-chain, conduct rigorous internal tests, and
engage
third-party
services for security audits.
●
Release
a public beta version for user testing and feedback, followed by
full
integration
into the TORUS ecosystem.
●
Develop
cross-chain interoperability infrastructure to allow assets native
to
Torus
to
move
freely
across
blockchain
ecosystems,
fostering
broader
adoption,
deeper liquidity, and a more connected decentralised
economy.
TORUS
Token (TQF)
The
TQF token, with an initial total supply of 1 billion 54 million, is
the foundational
utility
token of the TORUS network. It plays multiple vital roles within the
ecosystem,
such
as
paying
transaction
fees,
enabling
access
to
platform
features,
and
streamlining
transaction processes. The TORUS network projects an inflation
rate of
5.5%,
which is expected to decrease progressively each
year.
TORUS
(TQF) Token Distribution
This
section
outlines
the
allocation
strategy
for
the
token's
circulating
supply,
meticulously
designed to promote fairness, stability, and long-term value
appreciation.
Release
Schedule (Introduction to circulating supply)
Bucket
Allocation
(tokens)
Vesting
& Release Schedule
Percentage
TGE
Purpose
of the Bucket
Angels
30.0
M
Tokens
are
vested
over
3
years
with
a 4-month cliff from listing and
thereafter
a 3.125% monthly linear
vesting
schedule for 32 months.
2.846%
0%
Dedicated
to angel investors
contributing
early funding,
expertise,
and network growth.
Backers
35.0
M
Tokens
are
vested over 6 years,
with
a 4-month cliff from listing and
thereafter
a 1.47% monthly linear
vesting
schedule over the following
68
months.
3.321%
0%
Dedicated
to project backers
contributing
resources,
connections,
and long-term
commitment
to the ecosystem.
Liquidity-A
(Listing
Pool)
5.0
M
Tokens
will be released after the
mainnet
launch
for
liquidity
provision
to
support
exchange
listings.
100% of this allocation will
be
released at the time of listing for
liquidity.
0.474%
100%
Dedicated
to Liquidity: A Pool for
seeding
core
trading
pairs
and
supporting
exchange listings.
Liquidity-B
(Deferred
Pool)
5.0
M
Tokens
are
vested over 2 years,
with
a 24-month cliff from listing,
after
which 100% of this allocation
is
released for liquidity provision to
support
exchange listings.
0.474%
0%
Dedicated
to
a
deferred
liquidity
pool
to
back
future
growth, new
pairs,
and ecosystem expansion.
Community
Rewards
/
Grants
/
Programs
210.0
M
2.5M
tokens
will be released at the
time
of
listing.
The
remaining
allocation
will
be
vested
over
6
years,
with
a
4-month
cliff
from
listing
and
a subsequent 1.453%
monthly
linear vesting schedule for
the
following 68 months.
19.923%
1.19%
Dedicated
to
community
incentives,
grants,
and
initiatives
that
drive
adoption,
contribution,
and
long-term engagement.
Marketing
150.0
M
11.9M
tokens
will be released at
the
time of listing. The remaining
allocation
will
be
vested
over
6
years,
with
a
4-month
cliff
from
listing
and
a
subsequent
1.35%
monthly
linear vesting schedule for
the
following 68 months.
14.231%
7.97%
Dedicated
to
marketing initiatives
that
increase visibility, onboarding,
and
adoption of the project.
Team
Allocation
150.0
M
Tokens
are
vested over 7 years,
with
a 4-month cliff from listing and
thereafter
a 1.25% monthly linear
vesting
schedule over the following
80
months.
14.231%
0%
Dedicated
to
team
rewards
to
retain
talent and ensure sustained
development
of the protocol.
Partners
&
Advisors
70.0
M
Tokens
are
vested over 6 years,
with
a 4-month cliff from listing and
thereafter
a 1.47% monthly linear
vesting
schedule over the following
68
months.
6.641%
0%
Dedicated
to partners and advisors
who
add
strategic
value
through
experience,
connections,
and
collaboration.
Release
Schedule (Introduction to circulating supply)
Validator
Incentive
Program
(VIP)
35.0
M
13.7M
tokens
will be released at
the
time of listing. The remaining
allocation
will
be
vested
over
a
period
of
4
years
and 6 months
with
no cliff from listing, and will be
subject
to a 1.127% monthly linear
vesting
schedule
over
the
subsequent
54 months.
3.321%
39.20%
Dedicated
to
validator
incentives
that
strengthen
network
security,
performance,
and
long-term
stability.
Association
Endowment
155.0
M
Tokens
are
vested over 6 years,
with
a
24-month
cliff
from listing
and
thereafter
a 2.083% monthly
linear
vesting
schedule
over
the
following
48 months.
14.705%
0%
Dedicated
to
the
association’s
endowment,
ensuring
long-term
funding
for governance, advocacy,
and
ecosystem growth.
Core
Development
Master
Grant
155.0
M
10M
tokens
will be released at the
time
of
listing.
The
remaining
allocation
will
be
vested
over
3
years,
with
a
4-month
cliff
from
listing
and
a subsequent 2.923%
monthly
linear
vesting
schedule
over
the following 32 months.
14.705%
6.45%
Dedicated
to
core
development
grants
that finance critical features,
improvements,
and
long-term
technical
roadmap delivery.
Protocol
Emissions
54.0
M
17.8M
tokens
will be released at
the
time of listing. The remaining
allocation
will
be
vested
over
3
years,
with
a
4-month
cliff
from
listing
and
a subsequent 2.094%
monthly
linear
vesting
schedule
over
the following 32 months.
5.127%
32.95%
Allocated
to
protocol
emissions
minted
on
the
existing
Torus
network
and preserved through the
network
enhancement process as
part
of
the
validator
and
infrastructure
upgrade.
TOTAL
1054.0
M
100.00%
5.78%
Allocation
of Total Funds Raised from Investors (Angels + Backers)
●
Legal
Structure, Board Members & Licenses: 10.08%
●
Tech
(Audits & 3rd party/services integrations): 20.17%
●
CEX
Listings Registration: 10.08%
●
PR
& Marketing Events & Conferences: 20.17%
●
HR:
11.76%
●
Market
Making: 21.85%
●
OpEx:
3.03%
●
Other
costs (Reserve): 2.86%
Primary
Partner Companies
Neoma
Ventures
Neoma
Ventures represents the evolution of blockchain technology across
various
industries,
applied to unveil a new era of innovation and growth on a global
level,
through
delivering Web3 solutions on the TORUS network. Neoma is a
Dubai-based
company
that was founded in December 2022 by two business groups seeking
to
combine
their assets to develop and establish their global positioning in
the Web3
space.
Through a series of meetings between the founders of New Media
Holding and
TORUS
blockchain, both parties recognised the strong synergies between
them and
decided
to form a partnership.
Neoma
is
committed
to
building
an
innovative
platform
for
the
development,
adoption
and implementation of Web3 technologies. The platform will
facilitate the
development
of Web3 projects, and provide secure infrastructure, tools and
services
to
ensure their success. Additionally, Neoma will provide a marketplace
for developers
and
businesses to monetise their Web3 projects, as well as a platform
for investors to
find
the best Web3 projects to invest in. Neoma is dedicated to creating
a global Web3
ecosystem
that is built with transparency, security, and trust. The company
aims to
become
a leading Web3 platform that drives the next generation of the
internet.
New
Media Holding
New
Media Holding is a leading global media and technology powerhouse
specialising
in
influencer
marketing,
audio
development,
brand
solutions,
audio,
and
video
distribution
events,
merchandising,
creator
development,
influencer,
and
artist
management.
Legal
Advisors
MME
Legal | Tax | Compliance
MME
Legal
is
an
innovative
consulting
firm
based
in
Switzerland
that
offers
comprehensive
and interdisciplinary advice in the areas of legal, tax, and
compliance.
They
are
dedicated
to
supporting
and
representing
both
companies and private
individuals
in all economic and future-oriented matters.
MME
Legal prides itself on serving its clients personally and advocating
for them
straightforwardly
and persistently, both within Switzerland and on an
international
scale.
Their
expertise spans across various key topics, including life &
work, technology &
digitalisation,
corporates & transactions, and more.
Their
commitment to excellence and forward-thinking approach positions
them as a
trusted
partner for businesses navigating the complexities of the modern
economic
landscape.
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