TrueChain (TRUE) has published its monthly performance report for January 2020.  The price of TrueChain has been trending at $0.351464.  The 24-hour volume is trending at $26,373,183.  The circulating supply is at 23,661,890 / 100,000,000.  The 24-hour high and low are at $0.346941 / $0.370242, respectively.

Eric Zhang, Director and CEO of TrueChain Foundation, previously stated, “There are hundreds of billions of assets in the world that will be on the chain in the next 20 to 30 years.”

Sydney Ifergan, the Crypto Expert, tweeted:  “TrueChain (TRUE) is focused on creating dApps which have real traffic as stated in an old interview by Eric Zhang.”

True is an independent decentralized infrastructure. And they have miles to go, and we are waiting to see their growth unfold.

Truechain (TRUE) Product and Technology Progress

When talking about the product and technology progress, True Chain reports that they have optimized system contracts, and they have added corresponding events to facilitate external monitoring. Further embedded the system contract into the consensus process.  Thus, increasing the native contract execution of the system, when the fast block is chained.

A system native contract function test has been done to verify the contract function of the committee election and the block reward.  The pbft function has been optimized to simplify the process of commissioning and ending the committee to fix timing errors.

TrueChain further stated that as they approach the spring festival, they will upgrade the initial chain red envelops to improve the data and transmission and to provide a guarantee for the users to send red envelopes. Further, they are set to develop and submit a new generation of Greenbelt, which is currently under review.

Truechain (TRUE) Market and Ecological Progress

Truechain to improve on their ecological progress has prepared 999 sets of tea gifts for the Chinese New Year, and about 200 sets have been mailed to users and several other public chain users.

Several overseas Truechain communities are continuing to grow.  There are more than 600 overseas Telegram groups. 

Challenged True has released “2020 Action Outlook”, which will likely be upgraded and optimized in “hybrid consensus, True Bridge cross-chain protocol, Truescan browser upgrade, TrueVM Virtual machine multi-contract language support, 2020 mainnet TPS breakthrough 10000, global breakthrough 30,” further, they have achieved development in 7 major areas consisting of million True users and overseas implementation of “True Purchase payment merchant services.” This has further grown into a global leading blockchain infrastructure.

TrueChain and Okex have jointly launched the 2020 New Year Lucky bag.  The event was successfully held on January 9, 2020, from 18:00 to 19:00.

TrueChain Candy Jungle activities are continuing to occur, and all the members were invited to participate in it.