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.