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Description

Poly Network is designed to facilitate interoperability among various blockchain networks, aiming to create the infrastructure for the next generation of the internet. It allows both similar and diverse public blockchains to connect via a fair and open admission process, enabling communication across different chains. Currently, Poly Network has successfully integrated a range of prominent blockchains, including Bitcoin, Ethereum, Neo, Ontology, Elrond, Ziliqa, Binance Smart Chain, Switcheo, and Huobi ECO Chain. The platform encourages more institutions and organizations to join in this collaborative effort to advance internet technology. Remarkably, no significant modifications are necessary to the underlying technology; simply deploying two smart contracts is enough to enable cross-chain capabilities for those blockchains that support smart contracts. For blockchains lacking smart contract functionality, incorporating two specific modules can achieve the same goal of interoperability. Through these approaches, Poly Network aims to expand its ecosystem and further enhance blockchain collaboration.

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
BNB Smart Chain (BSC)
BSCPad
Bitcoin
Bitgert
Delta Exchange
Demex
Flux
HTX
Lever
MetaMask
Neo
OKX
OpenOcean
PolyBridge
Polygon
Prophecy
WalletConnect
Wing
Zilliqa

Integrations

Ethereum
BNB Smart Chain (BSC)
BSCPad
Bitcoin
Bitgert
Delta Exchange
Demex
Flux
HTX
Lever
MetaMask
Neo
OKX
OpenOcean
PolyBridge
Polygon
Prophecy
WalletConnect
Wing
Zilliqa

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

PolyNetwork

Website

poly.network/

Vendor Details

Company Name

Truebit

Founded

2017

Website

truebit.io

Product Features

Alternatives

Alternatives