Review on True Chain by nitin sharma

Name: True Chain
Item: True Chain
Rating: 5

August 28, 2018

This project is mostly about building a public blockchain premise with a more…

This project is mostly about building a public blockchain premise with a more refined approach towards commercial applications and inclusive of a decentralized governance structure. What this simply means is that they are essentially trying to remodel the current setups to drive for a more useful economic application of the technology.
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Pros

True Chain (TRUE) is trying to disrupt a lucrative industry and investing in the coin means better returns once the project is fully functional. You cannot go wrong the advertising industry; the opportunities are there. All these require a system that is transparent and trusted.

Cons

the different consensus mechanisms that make up the system are inefficient to bring about a realistic model for decentralized applications on the blockchain, especially if they are to be scaled for commercial purposes.