Trias

Key command

Dr. Anbang Ruan - co-founder and CEO.

Graduated from Peking University, received a PhD in computer science from Oxford.

From January 2017 to the present, he is the founder and CEO of Octa Innovations Ltd. China.

Previously (2015-2016) - Research Fellow at the Trusted Cloud at the Oxford Electronic Research Centre. There he also worked as a reviewer for the scientific journal of the Association for Computing Machinery JACM.

Has more than 10 years of experience in the field of security of cloud platforms and cloud computing. Led several European research projects (could not find which ones specifically), funded by EPSRC, FP7 and Innovate UK.

Ming Wei is co-founder and CTO.

Educated at Peking University (PHD degree).

From 2017 to the present also co-founder and technical director of Octa Innovations Ltd. Author of more than 10 patents.

From 2010 to 2016, he was the chief developer of the Chinese Aerospace Research Center.

Led and participated in research projects in China: China Aerospace Big Data, Internet of Things and embedded operating systems.

Jiahao Sun – CSO.

From 2016 to the present, he has been the founding director of artificial intelligence at the Royal Bank of Canada.

From 2016 to the present, lecturer on Deep Learning on the Chinese educational online platform.

From 2015 to 2017, he was a co-founder and CEO of UiiTech (the use of AI in CMM), but the project, judging by the non-functional website, is closed.

Zhaoming Yin is the main developer.

He was a research assistant at Peking University from 2009 to 2010, then an employee of the Georgia Institute of Technology from 2010 – 2014, where he received his PhD.

In 2014-2016. worked as a technical specialist at Oracle, and later for about 2 years as a programmer at Alibaba Cloud.

Jian Chen is development director for the Chinese market.

From 2005 to 2016, he worked in marketing at NetEase (a Chinese Internet company providing online services focused on content, communications and commerce).

Shuang Hao – CMO.

From the description in the Whitepaper, he works as the director of public relations at Octa Innovations. Former frontline international news reporter for national media. Worked at Tsinghua University and NetEase, leading strategic communications and public affairs.

Guo Lin – Director of Devops.

Continuous experience in Devops since 2005 (replaced 4 Chinese companies, reaching to the position of Lead Devops Engineer).
From March 2017 to the present, he heads the Devops department at Octa Innovations Ltd.

Fei Li is the main developer.

From 2007 to 2015, he worked as a developer in the Chinese branch of Microsoft.

Currently also working as Director of Operations and Maintenance at Octa Innovations Ltd.

Advisors

At the time of publication of the last review in August 2018, the project advisors were not disclosed. Currently, their names are known: these are 3 people from the scientific community and 1 from the world of investment in blockchain projects.

Prof. Andrew Martin is an Oxford University computer scientist, professor of systems security, deputy director and lecturer of the Oxford programming course, and director of the Oxford Center for Doctoral Training in cyber security.

Prof . Hanqing Jin is a PhD candidate in mathematical finance and a lecturer at the Oxford Institute of Quantitative Finance since 2008. He teaches courses: “Financial derivatives” and “Stochastic management and dynamic asset allocation.” Before that, from 2006 to 2009. was an assistant professor at the National University of Singapore.

Dr. Ning Wang is a senior data scientist at the Oxford-NIE financial Big Data Lab at the Institute of Mathematics. He also works as a research fellow at the Oxford Internet Institute. Area of interest: machine learning in finance, studying online sentiment, trading behavior.

Roger Lim is a founding partner of the Neo Global Capital crypto fund. Among the latest projects, he acted as an advisor at Multivac (also went through an IEO on KuCoin), Blockcloud (IEO on Okex), Top Network (IEO on Huobi), Celer (IEO on Binance).

Investors

Neo Global Capital is one of the most prominent crypto funds, founded in December 2017 (Zilliqa, Ontology, NKN, Oasis, Mainframe, Certik, Bluzelle, NEX, Switcheo, Iotex).

DHVC is a Californian VC firm founded in 2013 (Zilliqa, Origin Protocol, Mainframe, Certik, Celer, Perlin, Ankr).

KOSMOS is a large Australian VC firm (Ankr, Fantom, Blockloud, Origo, Certik, Perlin).

Reflexion is a little-known fund that has invested in Multivac, Lambda, Intervalue, Blockmania.

Partners

Octa Innovations is the parent of the Trias project, the company's areas of interest: reliable computing, blockchain, artificial intelligence, security issues. The company, through joint laboratories, has partnerships with universities: Peking University Soft Micro School, Zhejiang Qinghua Yangtze River Delta Research Institute, Oxford University OeRC Center and Oxford University Information Security Center.

The Lab for Short (no links could be found) is a joint laboratory between Octa Innovations and Peking University, including 4 professors, 12 PhD candidates and 20 masters. The purpose of the laboratory is to conduct research in the field of secure computing, systems with reputation and blockchain.

In March, the Trias Foundation signed a strategic cooperation agreement with the Chongren County Government and Jiangxi Power Transformation Technology to transform the energy sector.

Trias is also working on blockchain solutions with companies from the supply chain management, agricultural sector, and industry.

Technology and idea

White paper

Our first review of Trias was dated August 2018. At that time, the whitepaper was published only on the Github page. At the moment, it is very convenient to get acquainted with it on the project page. Also, at the request of the team, you can read the detailed technical paper (My God, 83 pages), part of this information was published on Medium.

The platform consists of 3 levels:

• The main level of the platform is the heterogeneous network Leviatom representing the executive level.

In This layer is based on the HCGraph consensus algorithm. Since, according to the Fisher-Lynch-Paterson impossibility theorem (FLP impossibility), it is impossible to achieve consensus in an asynchronous network that allows one node to fail, the main feature of HCGraph is the creation of a trusted network of nodes using TEE (for example, Intel SGX and other solutions). There will be a certain reputation system, with the help of which the execution of events (transaction, execution of a smart contract) will be delegated to reputation nodes to increase operational efficiency (can be imagined as an analogue of sharding).

• Prometh  is a kind of development framework aimed at identifying behavioral errors built into software. Allows you to implement the SecDevOps principle during accelerated development and prevent the launch of applications not from the “white list”.
• MagCarta is a consensus-oriented software paradigm for achieving a built-in consensus strategy for Dapps and an ecosystem for writing smart contracts.

In order to be more flexible, the project is considering introducing its own consensus depending on the purpose of the lower levels. The architecture is based on the Tendermint-ABCI implementation.

It is also planned to have the right to choose between the UTXO approach and account.

The team is developing its own lightweight Trias Virtual Machine, which the team says is more efficient than EVM. The development of a high-level language compiler will be ensured, this will facilitate the transition to the development of Trias Smart Contract.

Product

Judging by the roadmap and the team's words, the first stage of Mainnet is expected at the end of Q2 2019.

At the moment, this is what the testnet looks like. Not currently running. But the team conducted a test run and conducted several experiments. The demonstration can be found here.

You can also view with the interface of the future Trias Blockchain Explorer.

You can also check out the demo wallet. Nothing reminds me?

It seems that the Ethereum infrastructure is taken as a basis with the addition of Neo design.

Similar projects

All public blockchains. Let's highlight just a few: Cosmos, Ontology Network, Hashgraph.

Conclusions

The project hit the radar in July 2018. Since then, significant progress can be noted, especially regarding the business part. But one gets the impression that this is more of a local project for China, and not a project on a global scale. Therefore, it is difficult for the Western community to assess the scale of the project. According to the team, representatives in Japan have already been hired to establish business in the region.

You may not have the puzzle the way Trias works. In our opinion, this is due to the fact that the project Whitepaper is not sufficiently structured and consistent. The project is somewhat reminiscent of Cosmos in architecture, but is a public permisionned blockchain using TEE. It also appears that Trias is a fork of Ethereum.

Strengths:

1. The strengths definitely include the business approach (focus on a specific need when creating a blockchain solution) and the output already with an almost finished product. The project in this regard is somewhat similar to Ontology Network and NEO, which is also more focused on local solutions for China.
2. Another advantage is a fairly strong team with an academic background and experience in TEE and creating enterprise solutions, incl. on the blockchain. It is also worth highlighting experienced advisors who have extensive experience in the field of cybersecurity (Prof. Andrew Martin) and business development (Roger Lim).
3. Infrastructure project. This is still the safest and most profitable category of projects on the market for investors.

1. The product is located in a very competitive environment, incl. with projects from China.

Cons:

1. Weak Community Development, provided that the project has existed for almost a year. Until the announcement IEO on Kucoin there was almost no communication.