Review on True Chain by francis fernandez
TRUE Chain: mixed consensus protocol for faster transactions!
TRUE Chain is a public blockchain platform that employs a mixed consensus protocol combining the efficiency of DPOS and fPOW to achieve faster and more secure transactions.
Mixed consensus technology uses protocol layers to enable smoother business operations per second through the use of custom BFT, smart contract codes, and POW system. Its main premise is centered on this mechanism: to achieve faster transactions per seconds.
What are the benefits of the True Chain Hybrid Consensus Protocol?
* True Chain is a pioneer project in the use of the fruit chain; a combination of the fPOW protocol (updated version of POW) plus the technology of the anti-ASIC (electronic anti-fraud) algorithm called TrueHash. This algorithm is the first in its category and the replacement for ETHash.
* The hybrid consensus protocol facilitates decentralization by allowing IT teams to work with a high level of efficiency.
* Thanks to its mixed consensus mechanism, the gas consumption used by decentralized True Chain applications is reduced.
* True Chain is also supported by It Sharding technology; which provides benefits in terms of scalability, because it allows to distribute less data to each node.
* The nodes of the fPOW protocol (an anti-ASIC mining mechanism) are able to validate PFBT, by selecting “backbone odes”.
True Chain, in addition to having an efficient consensus protocol, has the support of experts in blockchain technology who are part of the community integrated into the public network. Being the fastest growing world and the largest in China.
It also has the support of high-level investors and partners such as: Microsotf, aws, Maker, Okex, among others.
All these properties make True Chain a public blockchain infrastructure with high-level powers suitable for faster, lower-cost, scalable, secure and reliable financial transactions. In addition to being fully decentralized, that is, it is not subject to special regulations from financial institutions, governments or banks.
It is a very complete platform that has different utilities, such as: games, blockchain browsers, wallets, games, tokens, commercial applications, among others.
It also offers guides for mining type: GPU, Pool, UPC and miner.
The application can be downloaded using the Android, iOS and Bitkeep system.
Pros
- Due to the powers of its technology It Sharding is a highly scalable platform.
- Thanks to the hybrid consensus that optimally uses the power of its IT equipment, it is a decentralized and efficient platform.
- It is a platform with a high security profile thanks to the PFBT validation carried out by the nodes of the fPOW protocol.
- It has electronic anti-fraud technology thanks to the use of the anti-ASIC (TrueHash) algorithm.
- Its platform offers a complete menu with easy access to all its applications and utilities.
Cons
- It has an issuance limit of just 100 million coins.
