TrueChain (TRUE) Weekly Report -July 06–July 12

Abhilash Atmaram
2 min readJul 13, 2020


1. Mainnet and product modules

1. Based on zk-snark, the system contract that supports zk is defined and combed, 60% complete

2. The optimization and upgrade of the governance voting function on the chain is completed and will be opened as a commonly used function

3. Defi product prototype confirmed, front-end and back-end start intensive development

4.Encapsulated file storage API as a basis for subsequent development

2. Market community:

1. At present, there are 13 committee nodes, 149 pledged mining, 34066945.53651 true, accounting for 42.06% of the circulation

2. Bithumb internally restarts the docking service for staking and lists TRUE as a list

3.Defi product market promotion starts vigorous promotion in Korea, Russia, etc.

4. The bridge function of Binance Binance dex is updated and can be traded at Binance dex

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