Trrue Docs
  • TRRUE White Paper
    • Opening statement
    • Table of Contents
    • 1. Executive Summary
    • 2. Introduction
      • 2.1 Environmental, Social & Governance (ESG) Principles
      • 2.2 Target Market
        • 2.2.1 – Crowdfunding Industry Trends
      • 2.3 - Competition
        • 2.3.1 – Trrue Invest
        • 2.3.2 – Real World Assets
        • 2.3.3 – Unique Selling Points
      • 2.4 - About Trrue
        • 2.4.1 - MVP Platform - Algorand Specification (previously Plandail)
      • 2.5 – Company Vision
    • 3. Trrue Solutions Ecosystem
      • 3.1 – Crowdfunding Platform
        • 3.1.1 – Crowdfunding & Equity Token Issuance
        • 3.1.2 – Transaction Flow & Security Controls
        • 3.1.3 – ET Management & Secondary Trading
      • 3.2 – Trrue Govern Framework
      • 3.3 – Self-Sovereign Identity
        • 3.3.1 – Verified Credentials
        • 3.3.2 – Regulatory Compliance & Compatibility
      • 3.4 – IMPACT Engine
    • 4. Trrue Chain
      • 4.1 – Layer 1 Blockchain Protocol
        • 4.1.1 – TRRUE Chain Network Consortium
      • 4.2 – Proof-of-Stake Consensus
        • 4.2.1 – Purpose, Design & Function
      • 4.3 – Multi-Chain Infrastructure
      • 4.4 – Trrue Chain Organisation
      • 4.5 – Sustainability disclosures
    • 5. Trrue Tokenomics [TRRUE]
      • 5.1 - Trrue Coin
      • 5.2 – Token Utility
        • 5.2.1 – Web3 Payments
        • 5.2.2 – Network Operations
        • 5.2.3 – Ecosystem Operations
        • 5.2.4 – Platform Rewards
      • 5.3 – Token Sale & Launch
      • 5.4 – Token Economics
      • 5.5 – Legal Classification of [TRRUE]
      • 5.6 – Compliance with International Cryptocurrency Regulations
    • 6. Trrue Company Information
      • 6.1 – Management Team
      • 6.2 – Advisory Team
      • 6.3– Partnerships , Sandbox's and Accelerators
      • 6.4 – Corporate Structure
      • 6.5 – Company RoadMap
    • 7. Conclusion
    • Glossary
    • References
    • Legal Disclaimer
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  1. TRRUE White Paper
  2. 4. Trrue Chain
  3. 4.2 – Proof-of-Stake Consensus

4.2.1 – Purpose, Design & Function

Previous4.2 – Proof-of-Stake ConsensusNext4.3 – Multi-Chain Infrastructure

Last updated 5 months ago

The Company decided to integrate this layer 1 blockchain into the corporate strategy for the TRRUE Ecosystem as the protocol layer of the resulting DLT can be tailored to the use cases of the TRRUE Solutions built on top of it.

TRRUE is developing this proprietary protocol in order to:

  1. Allow more streamlined compatibility with Trrue SSI and its Hyperledger Aries standard for the cross-network transfer of verified credentials. The standard has been previously favoured by regulators and so this will be a key USP with which to obtain public contracts for the international infrastructure of SSI and ESG reporting systems.

  1. Allow higher data throughput as the Consortium blockchain network will have a lower number of nodes to validate ledger transactions than the majority of public blockchains. This enhances confirmation time for simple on-chain transactions as well as enabling larger data packets relating to verified credentials and ESG reporting data.

  1. Enhance token utility for TRRUE Coins as a native token for the TRRUE Chain protocol (i.e., it is used to pay network fees to Validators). This benefits [TRRUE] holders and early supporters as the additional demand over time will support market growth as a larger community of applications and users become active on the TRRUE Network.

  1. Establish a community with on-chain governance for the TRRUE Ecosystem, rewarding the Network operations of Validators as Members of the Consortium as well as Members of the Ecosystem for their support through continuous feedback loops and contribution to community governance.