FUJAN CRYPTO REPORTS
Whitepaper
Background
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Due to limitations such as hardware, bandwidth, node number, node distribution and consensus algorithm, consensus building can take minutes which can be a barrier
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Due to the limited data structure of the blocks, spatial resources in the blocks are rare and very expensive
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This project is a scaling solution for NEO
Overview
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Off-chain scaling solution for NEO and is applicable to blockchain transfer of NEO utox and NEP-5 standard tokens
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Real-time payments, low transaction fees, scalability, and privacy protection
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Provide safe, fast and convenient blockchain services to its users through its fast and safe off-chain payment channels
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The State Channel Layer provides Trinity with the most fundamental P2P state channel services
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Channel Network Layer provides Trinity with the state channel routing services, for example fully automatic intelligent routing for transaction parties without established state channels
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Channel Service Layer provides Trinity with plug-in customizable off-chain transaction services
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Transplant of the ontology network and cross-NEO/Ontology real-time asset transaction services
Technical Implementation
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Proof of Assets
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Digital signature and hash lock or mainnet digital assets as collaterals
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Once mainnet tokens are locked, PoA is formed, then A and B can conduct off-chain transactions immediately through payment channels without time limits
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Smart Contract
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Main functions
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Determine transaction rules agreed and shared between transaction participants
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Issuing transaction tokens as a guarantee of off-chain payment
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Smart arbitration: can function to impose fair punishment on the breaching party
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Transactions are executed offchain, but the balance is recorded onchain
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Token Introduction
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Function and Value
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Trinity is available for users without TNC
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Serves as an incentive and a balance
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Use cases
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A unified asset for network settlement
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Trinity network contribution reward
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Trinity network value-added services
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Network service fees
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Enterprise customization service fee
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Incentives for TNC holders and community developers
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Roadmap
Team
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David Yiling LI – Founder
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Former NEO overseas manager
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Co-founder of FourierPR
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Founder of Rai Stone Media
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Guangfeng Zhang – Co-founder
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15+ years in technology development
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Giesecke+Devrient
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CBPM Blockchain research institute
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Fengping Yi – Co-founder
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Former director of government affairs at Shanghai Onchain Technologies
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Former Vice Director of Tongji University Fintech and blockchain research institute
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Yang Li – Core Dev
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Will Wei Wu – Core Dev
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10+ years in technology development
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Test automation coach in Nokia
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Initiator of Grooming2robot project
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JC XU – Advisor
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Co-founder of Badwater capital
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Supporter of RPX, CPX, VEN, REQ, ZRX
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DFJ Dragon Fund
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TMT venture capital
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Yando Li – Advisor
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Former senior R&D engineer and technical director of Qualcomm
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Management of Onchain Beijing office
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Partners & Backers
Does offchain scaling for NEO, ETH, and ZIL
Articles
https://neonewstoday.com/general/trinity-announce-tnc-cross-chain-converter/
https://www.reddit.com/r/TrinityTNC/comments/871gp6/the_big_secret/
https://c1.staticflickr.com/5/4724/40220975501_f7d205d458_o.jpg
Videos
https://www.youtube.com/watch?v=rthngv7LQB4
https://www.youtube.com/watch?v=NqVfuQvCkLQ
https://www.youtube.com/watch?v=-j1KsbDMNvA
https://www.youtube.com/watch?v=bvGwPa9dFm4
https://www.youtube.com/watch?v=t1qhME3Myus
CoinCheckUp
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Conclusion
I would give Trinity a D+ rating. I think what this project is doing is great and really going to help some of these big coins scales and have faster transactions per second, but I would rather invest in the projects this coin is helping not this coin specifically. I think they have a pretty established team and can get the task done and it's really great that they have a close relationship with NEO but that doesn’t always make a project A+. To me, this project has potential but not enough for me to invest or even continue watching it because there are so many better projects out there. ETH has a very similar project called Raiden and it does not get any attention and hype and I think Trinity will be the same.
