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Description

On Etleneum, you can develop code that governs digital assets, executes precisely as intended, and is globally accessible. Etleneum goes beyond being merely a play on words with Ethereum; it serves as a legitimate platform for smart contracts. It allows you to create applications that are both publicly verifiable and reliable, capable of executing custom code while interacting with other services, all accessible via an API, and optionally utilizing a user account system and authentic Lightning payments. The illustration above depicts a contract featuring two functions: bet and resolve. In this scenario, account 74 placed a wager with account 12 by invoking the bet function (contract specifics and call details are omitted for simplicity). Subsequently, an anonymous oracle executed the resolve function to finalize the wager, resulting in account 12 receiving all the satoshis. Essentially, contracts consist of a collection of functions, associated funds, and a JSON state, with calls that may or may not be identifiable and can include satoshis or not. This flexibility enables a wide range of innovative applications to be built on the platform.

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

Screenshots View All

Screenshots View All

Integrations

Ethereum
Lightning Network

Integrations

Ethereum
Lightning Network

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

Etleneum

Website

etleneum.com

Vendor Details

Company Name

Truebit

Founded

2017

Website

truebit.io

Product Features

Alternatives

Alternatives

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