True Chain is a public blockchain that offers the underlying blockchain infrastructure. In addition, it offers high performance. As well as security for decentralized applications and financial transactions. It should be noted that True Chain is based on fPoW+DPoS hybrid consensus. Providing a strong global open source developer community supporting it. Including, efficient smart contract infrastructure and value transfer. True Chain started with the creation of the digital advertising industry D-apps. Furthermore they are planning to support emerging commercial Dapps. The blockchain wants to offer users a better option when it comes to choosing a blockchain for commercial applications.
What is True Chain?
The fPoW+DPoS based public blockchain
The True Chain is a fPoW+DPoS based consensus mechanism. As a result, it allows it to apply a public chain as an industry-specific public chain. In the meanwhile, it offers a top choice pathway to build high-performance applications. The fPoW+DPoS hybrid consensus-based chain supports currently 1200 TPS. According to the roadmap, the TPS will be upgraded to reach 10000 TPS.
The True Chain economy
True Chain is building industry-specific middleware, high-performance infrastructure, and usability. The economy comprises of digital advertising, financial services, content economy and game industry. The network is built on a four-layer network that includes consensus layer, smart contracts, contract abstraction, and applications.
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Founding team
It should be noted that True Chain was co-founded by a group of blockchain experts. The founding team comprises of Larry Lin, co-founder of Jiou technology. Apart from this, it consist of James Cheng, founder and chairman of Jiou technology.
In conclusion, TrueChain has 500+ developers from the world that is continuously growing and a well equipped open-source product grid.
