TrueChain (TRUE) haspublished its monthly performance report for January 2020. The price of TrueChain has been trending at $0.351464. The 24-hourvolume is trending at $26,373,183. The circulating supply is at 23,661,890/ 100,000,000. The 24-hour high and loware 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."

Trueis an independent decentralized infrastructure. And they have miles to go, andwe are waiting to see their growth unfold.

Truechain(TRUE) Product andTechnology Progress

When talking about theproduct and technology progress, True Chain reports that they have optimizedsystem contracts, and they have added corresponding events to facilitateexternal monitoring. Further embedded the system contract into the consensusprocess. Thus, increasing the nativecontract execution of the system, when the fast block is chained.

A system native contractfunction test has been done to verify the contract function of the committeeelection and the block reward. The pbftfunction has been optimized to simplify the process of commissioning and endingthe committee to fix timing errors.

TrueChain furtherstated that as they approach the spring festival, they will upgrade the initialchain red envelops to improve the data and transmission and to provide aguarantee for the users to send red envelopes. Further, they are set to developand submit a new generation of Greenbelt, which is currently under review.

Truechain(TRUE) Market andEcological Progress

Truechain to improve ontheir ecological progress has prepared 999 sets of tea gifts for the ChineseNew Year, and about 200 sets have been mailed to users and several other publicchain users.

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

Challenged True hasreleased "2020 Action Outlook", which will likely be upgraded andoptimized in "hybrid consensus, True Bridge cross-chain protocol, Truescanbrowser upgrade, TrueVM Virtual machine multi-contract language support, 2020mainnet TPS breakthrough 10000, global breakthrough 30," further, theyhave achieved development in 7 major areas consisting of million True users andoverseas implementation of "True Purchase payment merchant services."This has further grown into a global leading blockchain infrastructure.

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

TrueChain Candy Jungleactivities are continuing to occur, and all the members were invited toparticipate in it.