The vision of TrueChain is to create a fair and transparent business world through the power of blockchain. We firmly believe that TrueChain technologies will reshape the business world, and TrueChain will live up to our supporters’ expectations. We will uphold our motto that “we will drive forward through our guiding principles that lay at the foundation of who we are.” Our mission is to continue to strive for excellence in all that we do.
The TrueChain Mainnet is officially launched!
TrueChain is committed to be the next generation of blockchain infrastructure. It is the world’s first public chain that implemented fPow PBFT hybrid consensus and has a strong global open source developer community supporting it. TrueChain provides the underlying public blockchain infrastructure with high performance, security for decentralized application (DApp) and global asset transaction.
TrueChain weekly report introduced a new section since September, 2019. We will share the “TRUE Development Program” — technical documentation and development guidance on a regular basis for TRUE fans to know more about TrueChain and encourage developers to develop in the TrueChain ecosystem. We look forward to have more excellent developers and teams to join us.
We’d like to share the progress of 2019.09.09–09.15 with the TRUE fans.
1. Developed snapshot synchronization function, designed the definition of snapshot point and snapshot generation logic;
2. Developed the functions of wasm contract virtual machine and defined the process of wasm contract interpreter;
3. Optimized the node connection process of the committee, and fix the problems when both parties establish a connection at the same time in some cases
4. Supported Encrypty Game to deploy games on the TrueChain;
5. Provided technically support for another game developer team to use TRUE as payment in their games, and the games have entered the test stage;
6. The product design of batch token transfer function was completed and entered the development stage, supporting transfer in bulk for all tokens in the TrueChain;
7. Worked on the development of account co-management function which will support enterprise users to jointly manage assets;
8. Attended the “Invest: Asia” 2019 summit to strengthen global cooperation and partnerships;
9. Core members of TRUE and representatives of The southeast Asian community were invited to The “Rethink The Future” party hosted by Huobi and Jinse Finance in Singapore.
TRUE Development Program
What is smart contract?
Smart Contract: Smart Contract, a computer language that runs on the blockchain, can handle commitments from all parties on its own terms and conditions. Simply put, smart contracts are digital versions of traditional contracts. Once the smart contract is started, it cannot be modified.
1. Data transparency
All data on the blockchain is open and transparent, so the data processing of the smart contract is open and transparent, and any party can see its code and data while it’s running.
2. Cannot be tampered
All the data of the blockchain itself cannot be tampered with, so the smart contract code deployed on the blockchain and the data output generated by the operation can also be tampered with. The node running the smart contract does not need to worry about the malicious modification of code and data by other nodes.
The number of nodes supporting the blockchain network often reaches hundreds or even thousands, and the failure of some nodes will not lead to the stop of smart contracts, whose reliability is close to permanent operation theoretically, which ensures that intelligent contracts can be effective at every moment.