Truebit

TRU

Scalable Off-Chain Computations for Ethereum

63%

Transparency Score

1.17%

Trading Volume(24h)
0.71% $71,463.41
Circulating Market Cap

--
FDV
$0
Circulating Supply
--
Total Supply
0 TRU
All-time High
$1.31 (May 02, 2021)
All-time Low
$0.0725 (Jan 07, 2023)
Contract Address

0xf65b...276c
Supported Exchanges

Performances

RD Popularity Index

0% (24h)

0 200 400 600 800

Project Rank: 14383/19124

RD Growth Index

159

0.42% (24h)

0 500 1000 1500 2000

Project Rank: 3887/19124

1h	24h	7d	30d	60d	90d
0.98%	1.17%	2.08%	3.83%	25.27%	26.37%

Comparison

Total Raised: --

Fundraising not disclosed

FDV: --

Token not listed

24h Trading Volume: --

Token not listed

Project Name

Truebit TRU

Intro

Total Raised

Core Team

Core Investors

RD Growth Index (7d %)

RD Popularity Index (7d %)

Details

Truebit is a blockchain enhancement that enables smart contracts to securely perform complex computations in standard programming languages at reduced gas costs. It allows these computations to be executed on off-chain systems, while being validated by Ethereum miners. The results of these computations are then available to on-chain smart contracts. nnTruebit makes use of proof systems and game theory to build a protocol. With this protocol, a Task Giver can ask a third party, the Solver, to execute a complex computation in exchange for a reward. These computations can be executed in languages such as Go, Python, C++, and Solidity. Verifiers can then challenge the results, incentivising the Solver to be honest or risk losing their reward. This incentive structure guarantees fast and reliable results, eliminating the need for a trusted third party.

Tags: Infra

Founded: 2017