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TrueChain

TrueChain Summary

Company Summary

Overview
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. 
Type
Private
Status
Active
Founded
2017
HQ
CN | view all locations
Website
https://www.truechain.network/
Cybersecurity rating
Sectors

Key People

  • Eric Zhang

    Eric Zhang, CEO

    • Larry Lin

      Larry Lin, Head of Business

      • Xiaoyong Cheng

        Xiaoyong Cheng, Head of Strategic Development

        LocationsView all

        1 location detected

        • Beijing HQ

          China

          Chaoyang

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