About TrueChain
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circulating Supply
Not enough data
Max Supply
Not enough data
Total Supply
Not enough data
Hold Time
Not enough data
Total Value Locked
Not enough data
Diluted Valuation
Not enough data
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Overall Price Change (1Y)
Additional info about TrueChain
Networks and details
Price history
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $0.000122 | 0.00% |
Market details
Performance against other markets | Not enough data |
Performance against BTC | Not enough data |
Performance against ETH | Not enough data |
Performance in the past year | Not enough data |
FAQ
TrueChain is a secure, scalable, and permissionless public blockchain ecosystem that is powered by a hybrid consensus mechanism called Minerva. Minerva employs the use of Proof Of Work and Delegated Proof of stake consensus mechanisms. Delegated POS is a consensus mechanism where users delegate their work to other people in order to reach consensus rather than doing it themselves.
The PoW protocol reduces mining attacks and brings miners of different hash powers to the miner community. Thus TrueChain's hybrid consensus mechanism achieves speed, decentralization, and security.
TrueChain claims to provide the underlying public blockchain infrastructure with high security and performance for decentralized applications (DApps) and financial transactions. TrueChain seeks to develop a well-governed and efficient blockchain system for a properly decentralized economy.
Some of the main features of the TrueChain platform are:
● Tackles the obstacles of permissionless blockchain:TrueChain seeks to solve the conflict between decentralization and efficiency for permissionless blockchain via hybrid consensus and secure sharding. Sharding is a database-partitioning technique through which a blockchain company's entire network is split into smaller partitions, known as "shards," to process more transactions per second.
● Hybrid consensus incentive model:TrueChain has developed a hybrid consensus incentive model to use economics as a drive to improve the chain.
● Stable and low gas fee mechanism:TrueChain claims to have developed a stable gas fee mechanism that reduces the expense for the developers/operators of DApps.
● Open-sourced grid of products:This open-sourced grid of products supports the hybrid consensus permissionless blockchain platform and makes the chain easy to use.
The native currency of TrueChain is the TRUE token used for transaction gas fees and staking.
The Truechain organization was founded in December 2017 by Eric Zhang and is headquartered in Singapore. The total supply of TRUE tokens is 100 million. There are over 3000 developers in the TRUE tech community.
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Social stats
Popularity in posts
#3129
Contributors
32
Posts
608,390
% About TrueChain
0.006%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
3.8 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
32 unique individuals are talking about TrueChain and it is ranked #3,129 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, TrueChain has an average sentiment score of 3.8 out of 5. Finally, TrueChain is becoming more newsworthy, with 0 news articles published about TrueChain. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about TrueChain. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about TrueChain. 0% of tweets were neutral about TrueChain. These sentiments are based on 25 tweets.
On Reddit, TrueChain was mentioned in 12 Reddit posts and there were 33 comments about TrueChain. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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