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Average Ratings 0 Ratings

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ease
features
design
support

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Description

SX is on a straightforward mission to reduce betting costs by an astonishing 90%, cutting them down from 4.8% to just 0.5%. This shift equates to an impressive tenfold enhancement over the typical industry odds. To put it simply, if you place a $100 wager on an even chance, you could see a profit of $99, which translates to a 10% increase in payouts for bettors. Unlike conventional sportsbooks where users are limited to accepting bets set by the company, SX Network operates as a peer-to-peer betting exchange, giving all participants the freedom to both place and accept bets. This innovative approach fosters more competitive odds and eliminates the potential for site owners to take advantage of users for profit. SX Bet operates on a proprietary EVM-compatible blockchain, marking it as the first fully integrated betting application chain in existence. In essence, SX redefines sports betting as a financial market where participants can achieve wins rather than merely a casino environment focused on losses. Additionally, every time a user successfully wins a bet, they not only receive their earnings but also accumulate SX tokens, further incentivizing participation in 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
DEX Screener
Polygon (Matic)

Integrations

Ethereum
DEX Screener
Polygon (Matic)

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

SX Network

Website

www.sx.technology/

Vendor Details

Company Name

Truebit

Founded

2017

Website

truebit.io

Product Features

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