What is the first fPoW+DPoS hybrid blockchain?

Website

Whitepaper

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. True Chain is based on fPoW+DPoS hybrid consensus and has a strong global open source developer community supporting it., efficient smart contract infrastructure, and value transfer. Besides the fact, that True Chain started with the creation of the digital advertising industry D-apps but 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.

Reason for choosing True Chain

The fPoW+DPoS based public blockchain

The True Chain is afPoW+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.

Founding team

True Chain was co-founded by a group of blockchain experts. The founding team comprises of Larry Lin, co-founder of Jiou technology, James Cheng, founder and chairman of Jiou technology, Eric Zhang, Yuanwen Wu, CEO of Jiuntum technology Co. Ltd. and others.

In conclusion, TrueChain has 500+ developers from the world that is continuously growing and a well equipped open-source product grid.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Cryptostec
DISCLAIMER The information contained on this website is provided for informational purposes only and is not intended to substitute for professional financial, legal or tax advice. You should consult a professional before acting on any information you find here. This website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. Any references to third party products, rates, or websites are subject to change without notice. Please do the appropriate research before participating in any third party offers. © Copyright 2020 Cryptostec
%d bloggers like this: