TrueChain 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.
The mission of the TrueChain——to create a permissionless blockchain that will carry the future commercial decentralized applications. The vision of the TrueChain——to become a blockchain infrastructure that affects a hundred years. The TrueChain focuses on building a free, open, safe, efficient and easy-to-use blockchain technology infrastructure, and building a blockchain economy operating system commercial infrastructure. It is the demand of the times and the dream of TrueChain to create a permissionless blockchain that will carry the future commercial decentralized applications. Based on the hybrid consensus mechanism, TrueChain aims to provide high-speed point-to-point communication, value transfer and to build the infrastructures of smart contract for the society.