Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Smart contracts powered by blockchain technology operate in isolation from the internet, preventing them from accessing external information directly. The computation that occurs within these smart contracts tends to be both costly and constrained by available resources. To address these limitations, a Decentralized Oracle service that accommodates various diverse blockchains has been developed. The DOS Network effectively delivers real-world data, events, and computational capabilities to smart contracts in a manner that is secure, dependable, efficient, and scalable. By utilizing the DOS Network, various applications, such as flight delay insurance, can automate compensation processes by integrating external insured events into on-chain insurance contracts. Furthermore, stablecoins and crypto derivatives rely on the DOS Network to consistently obtain real-time price feeds that are both reliable and verifiable. This system simplifies the process for crypto lending platforms to access token exchange rates, incorporate borrowers' social media information, and dynamically assess interest rates without the need for trust. Ultimately, the DOS Network enhances the functionality and utility of smart contracts across numerous industries.
Description
Truebit serves as an enhancement to blockchain technology, allowing smart contracts to execute intricate computations in conventional programming languages while minimizing gas expenses. Although smart contracts excel at handling minor computations with accuracy, they face significant security vulnerabilities when tasked with larger computations. To address this issue, Truebit introduces a trustless oracle that retrofits existing systems, ensuring the accurate execution of complex tasks. Smart contracts can submit their computation requests to this oracle in the format of WebAssembly bytecode, and in return, anonymous miners earn rewards for providing correct solutions. The protocol of the oracle upholds accuracy through two distinct layers: a unanimous consensus layer that permits anyone to challenge incorrect answers and an on-chain system that motivates engagement and guarantees equitable compensation for participants. The realization of these elements is achieved through an innovative blend of off-chain infrastructure and on-chain smart contracts, thereby enhancing the overall functionality and security of blockchain networks. This dual approach not only improves computational reliability but also fosters a more robust ecosystem for decentralized applications.
API Access
Has API
API Access
Has API
Integrations
Ethereum
BNB Smart Chain (BSC)
ForTube
Google Cloud Platform
OKT Chain (OKTC)
Polkadot
Sero
Telegram
Integrations
Ethereum
BNB Smart Chain (BSC)
ForTube
Google Cloud Platform
OKT Chain (OKTC)
Polkadot
Sero
Telegram
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
DOS Network
Founded
2018
Website
dos.network/
Vendor Details
Company Name
Truebit
Founded
2017
Website
truebit.io