TrueChain is building a global blockchain infrastructure that brings blockchain technology to business communities by supporting performance demanding commercial applications. It uses hybrid consensus called Minerva combining PBFT and fPoW to solve the biggest problem confronting public blockchain: the contradiction between decentralization and efficiency. TrueChain uses PBFT as fast-chain to process transactions, and leave the oversight and election of PBFT to the hands of PoW nodes. Besides, TrueChain integrates fruitchain technology into the traditional PoW protocol to become fPoW, to make the chain more decentralized and fair. The Company aims to create a hybrid consensus incentive model and a stable gas fee mechanism to lower the cost for the developers and operators of DApps, and provide better infrastructure for decentralized eco-system.
|Employees (est.) (Nov 2019)||2||(-93%)|
|Share Price (Oct 2019)||$3.3||(-1%)|
TrueChain has 7.11k Twitter Followers. The number of followers has decreased 4.4% month over month and decreased 9% quarter over quarter
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When was TrueChain founded?
TrueChain was founded in 2017.
Who are TrueChain key executives?
TrueChain's key executives are Eric Zhang, Larry Lin and Xiaoyong Cheng.
How many employees does TrueChain have?
TrueChain has 2 employees.
Who are TrueChain competitors?
Competitors of TrueChain include Veil, Golem and Byteball.
Where are TrueChain offices?
TrueChain has offices in Singapore and Beijing.
How many offices does TrueChain have?
TrueChain has 2 offices.
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