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Description

Ethereum's latest scalability framework ensures rapid transactions alongside efficient smart contracts. Optimism operates as a Public Benefit Corporation (PBC), which is a profit-driven entity established to create societal advantages while maintaining responsible and sustainable practices. This structure compels us to harmonize the financial interests of our shareholders with the welfare of individuals impacted by our actions, all while adhering to a specific "public benefit charter" we have adopted. The core mission of the Company is to improve and secure equitable access to internet public goods through the creation of open-source software. This charter embodies our commitment to the Ethereum community, as we strive to uphold its principles by developing infrastructure that fosters the growth and sustainability of a public goods ecosystem. In doing so, we aim not only to enhance technological innovation but also to cultivate an inclusive environment for all users.

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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Ethereum Yes 
Across Protocol Yes 
Blast Yes 
Chainfulness Yes 
DackieSwap Yes 
FOX Wallet Yes 
FxWallet Yes 
Gemini Wallet Yes 
GetBlock Yes 
Gridex Yes 
Mobula Yes 
Risk Harbor Yes 
Swoop Exchange Yes 
Synapse Protocol Yes 
Tholos Yes 
WOOFi Yes 
Xterio Yes 
cBridge Yes 
deBridge Yes 

Integrations

Ethereum Yes 
Across Protocol No 
Blast No 
Chainfulness No 
DackieSwap No 
FOX Wallet No 
FxWallet No 
Gemini Wallet No 
GetBlock No 
Gridex No 
Mobula No 
Risk Harbor No 
Swoop Exchange No 
Synapse Protocol No 
Tholos No 
WOOFi No 
Xterio No 
cBridge No 
deBridge No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Optimism PBC

Founded

2019

Country

United States

Website

optimism.io

Vendor Details

Company Name

Truebit

Founded

2017

Website

truebit.io

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