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What Is Trias?

Trias (TRY)— an abbreviation for “Trustworthy and Reliable Intelligent Autonomous Systems” — is a project that aims to create a never-before-seen public blockchain architecture “to reach a fairer decentralized world.”

The Trias team is building a co-operating ecosystem and smart contract execution platform compatible with native applications. The products the blockchain offers — namely, their Separation-of-Powers and Check-and-Balance models — are meant to reinvent the blockchain industry with new tools to build and sustain decentralized applications.

The Trias token (or TRY) provides a means of executing transactions and providing rewards on the Trias network. The overall existing supply of the token amounts to 10,000,000,000 TRY that are allocated as follows:

  • Mining holds 30% of all TRY;
  • 20% serve as the foundation for the platform;
  • 13% make up the ecosystem;
  • 10% are held by early supporters and an additional 10% is held by the Trias team;
  • 8% were given to seed investors;
  • 6% were available for public sale;
  • 3% were allocated for marketing.

Pros and Cons of Trias

Let’s take a quick look at the strengths and weaknesses of TRIAS:

Advantages of Trias:

  • TRIAS boasts a good concept and trusted computer environment;
  • The project's core development team have vast experience in blockchain buildout, trusted computing, cloud security, and cryptography;
  • Strong communication with the team via regular weekly updates.

Disadvantages of Trias:

  • The Trias roadmap has provided very little information on the kinds of uses the TRY token may have;
  • Current marketing efforts are relatively low-scale;
  • The team has yet to work with other blockchains that may benefit the chain’s layer integration.

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