Announcement | TrueChain Officially Started the Node Election, ZB Locked 10 Million TRUE

Abhilash Atmaram
2 min readApr 28, 2020


On April 28th, TRUE officially launched the DPoS committee node election. ZB participated in staking with 10 Million TRUE tokens and became the first TRUE committee node. OKEx, Cobo Wallet, TrueChain Foundation, Candyjungle, TrueKorea, and more than 60 well-known institutions are participating. Currently, a total of 18 million TRUE tokens (around 22.45% of the circulation) has been locked. TRUE is known as the earliest public chain in the world that uses a hybrid consensus and goes live with the DPoS + fPoW mechanisms.

TrueChain (TRUE) is the world’s first public chain to achieve a fPoW + DPoS hybrid consensus, providing a high-performance and high-security public chain infrastructure for decentralized applications and asset circulation. Founded in October 2017, it was strategically invested by well-known capital angels in many industries such as ZB Group. So far, it has been reported by CCTV as an excellent public chain infrastructure case five times. Partners include the world’s top 500 Microsoft China and Amazon. Currency institutions such as Paxos and MakerDAO. On March 30, 2019, the main net was launched. TRUE has logged in more than 20 globally-known platforms including OKEx, Binance Dex, ZB, Bithumb, HitBTC, and BW.

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Abhilash Atmaram

Community Manager | Growth Hacker | Customer Success Manager