TrueChain (TRUE) Weekly Report -August 03–August 09

The main network and product module.

1 Combing system contracts that support zk based on zk-snark definitions, 95% complete

2 Defi product lend opened three issues, each issue is 21000U, 30000U, 30000U which got sold out.

3 Added upsstore modules and implemented basic structures, fixed up project trueapi, and file size limits.

4 Adding ipfs-api basically transmits the download function and perfects the basic architecture of the upsstore module.

5 Completed the UPS project file management framework function.

Market Community Segment:

1 Currently 16 committee nodes this week, 144 pledged mining, 36304882.15351 true, accounting for 44.65% of circulation

2 Truechain Defi to the fourth period, the history of the total amount of loans 95284 USDT, the historical pledge total of 931768.60TRUE.

3 Xangle, owned by Bithumb, has published two Defi disclosures.

4 South Korea’s relevant enterprise cooperation in close progress.

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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