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TrueChain is on the rise this week.

The price of TrueChain has risen by 1.72% in the past 7 days. The price increased by 0.56% in the last 24 hours. In just the past hour, the price grew by 0.11%. The current price is $0.000676 per TRUE. TrueChain is 99.98% below the all time high of $3.71.

The current circulating supply is 0 TRUE.


What Is TrueChain (TRUE)?

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.

History of TrueChain (TRUE)

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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What is the current price of TrueChain?

We update our TrueChain to USD currency in real-time. Get the live price of TrueChain on Coinbase.

What is the market cap of TrueChain?

The current market cap of TrueChain is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of TrueChain?

The all-time high of TrueChain is $3.71. This all-time high is highest price paid for TrueChain since it was launched.

What is the 24 hour trading volume of TrueChain?

Over the last 24 hours, the trading volume of TrueChain is $0.00.

What other assets are similar to TrueChain?

Assets that have a similar market cap to TrueChain include Thunder Lands, More Token, Niobio, and many others. To see a full list, see our comparable market cap assets.

How many TrueChain are there?

The current circulating supply of TrueChain is 0.

Can I buy TrueChain on Coinbase?

No, TrueChain is not currently available on Coinbase, but you can sign up to get the latest news on TrueChain and be notified when it gets added to our exchange.