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Review on True Chain by Efughi Lucky

Revainrating 3 out of 5

TrueChain (Symbol: TRUE) is a truly fast, permissionless, secure and scalable…

TrueChain (Symbol: TRUE) is a truly fast, permissionless, secure and scalable public blockchain platform which is supported by hybrid consensus technology called Minerva and a global developer community. TrueChain uses hybrid consensus combining PBFT and fPoW to solve the biggest problem confronting public blockchain: the contradiction between decentralization and efficiency. TrueChain uses PBFT as fast-chain to process transactions, and leave the oversight and election of PBFT to the hands of PoW nodes. Besides, TrueChain integrates fruitchain technology into the traditional PoW protocol to become fPoW, to make the chain even more decentralized and fair. TrueChain also creates a hybrid consensus incentive model and a stable gas fee mechanism to lower the cost for the developers and operators of DApps, and provide better infrastructure for decentralized eco-system. TrueChain has a 500+ developers from the world that is continuously growing, and a well equipped open source product grid.



Pros
  • With the digital advertising becoming a preserve for the affluent multinationals, True Chain (TRUE) seeks to give small and medium size business a say in the industry. With so many advertisers failing to deliver on their promises, blockchain technology is set to change the entire digital advertising landscape. True Chain focusing on the opportunities in the industry and seeks to do away with irrelevant agencies and third parties who do not add any value in the entire advertising chain. To achieve their goals, the platform is utilizing decentralized applications to be utilized in the commercial real world. 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. As a DApp developer, the system gives the opportunity to work with ease through the development process. You do not have to be tech savvy to work on the True Chain ecosystem, the available tools will help you deploy and manage your Dapps. True Chain uses its native token TRUE to keep the ecosystem running. However, the token or coin has its usability value. This is turning out to be a global brand that you can exchange at select exchanges including OKEx, OEX, ZB.COM and HitBTC. With the increase uptake, the coin is gaining global traction.
Cons
  • True Chain (TRUE) does not use middle men who are known to work in cohorts with publisher to manipulate ad clicks. Millions of dollars are lost every year through fake adverts powered by bots that do not add any value to the advertiser. With the BFT technology and smart contracts True Chain will be able to attain the highest PTS since more validators will be accommodated in the ecosystem. Advertising is performance and demand driven and calls for a platform that is transparent and affordable to small and large scale enterprises. With the increased demand for high performance commercial DApps, investors are shifting their focus to True Chain and doing away with the existing advertising system that are using bots to manipulate Ad performance outcomes. With True Chain, Transparency in the industry is critical.

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