TrueChain (TRUE) is a public blockchain platform developed to serve decentralized applications related to commerce. TrueChain is based on an improved consensus protocol, BFT, which allows peer-to-peer P2P communication to be done faster and with higher quality smart contracts.
TRUE is the main digital currency in TrueChain. It is used for many different purposes in the platform, for example, you will get paid if you are the creator of the applications that allow people to use, otherwise you have to pay to use the applications. decentralized.
Features of TrueChain
Building blockchain for decentralized commercial applications
TrueChain operates on the modified BFT consensus mechanism on the smart contract platform. TrueChain leverages the consensus mechanism of BFT to achieve high TPS, and it also provides an innovative BFT protocol that allows anyone to participate as a verifier. Thus, TrueChain is made up of a public blockchain for decentralized applications that require high performance.
Smart contracts with business logic
TrueChain started with Dapps (decentralized applications) from the digital advertising industry, the coin’s smart contract platform provides an abstraction layer for various commercial applications. From there, it helps developers access blockchain technology easily and quickly.
TrueChain builds a toolkit that makes it easier for professionals to develop and manage access and tracking. This toolkit includes TrueChain BaaS (TrueChain blockhain as a Service), Smart Contract Manager (smart contract management), TRUE Dapp Store (TRUE Decentralized App Store), browser contracts (browser contracts). ). TrueChain will be accessed by listing on the TRUE Dapp Store and SDK. Furthermore, the BaaS platform allows developers to test and deploy smart contracts.
Cross-chain transaction protocol
Blockchain has many applications, so it is important to make transactions with applications from many different blockchains. TrueChain’s cross-chain protocols will support cross-chain smart contracts and allow transactions to be made between TrueChain applications and Dapps from various blockchains.
Truechain has a team with many talented members from different fields, below are the main members of the platform:
Eric Zhang: A graduate of Oxford University with a Master’s degree in Computer Science, he is the technical founder of TrueChain. Besides that, he has also led TrueChain’s research and engineering teams across the US, India and China, always striving for breakthrough innovation.
Larry Lin: Over 10 years of experience in digital and internet advertising. He is also an internet community and marketing activist, the author of the best-selling books “WeChat Marketing and Operations” (marketing and operating WeChat), “Weibo and WeChat Marketing Tactics” (marketing tactics). Weibo and WeChat markets).
James Cheng (Xiaoyong Cheng): is the founder of TrueChain, a serial entrepreneur, a member of the Changan and Great Wall club, and also the vice president of the Black Horse club (2015-2016).
TrueChain is building a global blockchain infrastructure that aims to bring blockchain technology to the business community by supporting performance-demanding commercial applications. Demand from the business world is driving TrueChain research and development, TrueChain’s success must be based on the success of what is built on top of its applications. Therefore, TrueChain technology team always considers the actual needs and promotes blockchain technology alignment based on the way commercial applications are developed.
You can see the TRUE price here.
According to AZCoin News
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