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Truebit

TRU

Scalable Off-Chain Computations for Ethereum

$

0.096182

0%
  • All-time high
    $ 1.31 (May 02, 2021)
  • All-time low
    $ 0.072 (Jan 07, 2023)
  • Trading Volume(24h)
    3.61% $ 173,243.325
  • Circulating Market Cap
    $ --
  • Fully Diluted Valuation
    $ 19,100,926.895
  • Circulating Supply
    --
  • Total Supply
    198,591,492.116 TRU
  • Contract Address
  • Supported Exchanges
    MEXC
    Uniswap
    SushiSwap
    +2
1h 24h 7d 30d 60d 90d
0.15% 0.00% 1.13% 15.42% 37.82% 21.45%

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. Truebit 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.

Team

$

0.096182

0%
  • All-time high
    $ 1.31 (May 02, 2021)
  • All-time low
    $ 0.072 (Jan 07, 2023)
  • Trading Volume(24h)
    3.61% $ 173,243.325
  • Circulating Market Cap
    $ --
  • Fully Diluted Valuation
    $ 19,100,926.895
  • Circulating Supply
    --
  • Total Supply
    198,591,492.116 TRU
  • Contract Address
  • Supported Exchanges
    MEXC
    Uniswap
    SushiSwap
    +2

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