TrueChain (TRUE) Weekly Report -June 29–July 05

Abhilash Atmaram
2 min readJul 6, 2020

One main network and product module

  1. Encapsulating the zk-snark library with the corresponding contract interface continues to drive the development process

2. Combing system contracts that support zk based on zk-snark definitions

3. Optimization and upgrading of the management voting function on the chain, supporting multi-choice, single-selection, supporting management

4. Major core breakthroughs in technologies such as parallel computing, which are about to open

5. DApp system combing and summary,

Market Community Segment:

1. Currently 13 committee nodes, 149 pledge mining, 34009692.48655 true, accounting for 42.03% of circulation

2. Bithumb internally restarts docking services for the stake, listing TRUE as part of the list

3. End of voting on the first issue of the chain, IPFS research, 1276 user accounts, a total of 1.13 million TRUE votings, 100% support true start IPFS technology operation plan.

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