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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.
Description
t3rn revolutionizes the execution of smart contracts across multiple blockchains by providing a solution that is accountable, scalable, and entirely free of trust issues for developers, users, and investors alike. By seamlessly facilitating any multichain transaction, t3rn lays the groundwork for the interoperable systems essential for a multichain future. The smart contract hubs offered by t3rn are equipped with robust fail-safes that can revert unsuccessful transactions back to their last secure state, safeguarding users' funds from potential loss. Moreover, the open-source nature of the code ensures full on-chain tracking, enabling original creators to receive compensation each time their code is executed. With t3rn, the world of decentralized finance isn't confined to a single blockchain, making multichain DeFi a tangible reality. Users can access smart contracts stored in the open-source registry or earn payments whenever they deploy their own smart contracts. Furthermore, smart contracts can be created using familiar programming languages such as Solidity, ink!, or WebAssembly, or any other language that compiles to WASM, providing flexibility and ease of use for developers. This innovative approach not only enhances user experience but also encourages a broader adoption of multichain solutions in the DeFi space.
API Access
Has API
API Access
Has API
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
Truebit
Founded
2017
Website
truebit.io
Vendor Details
Company Name
t3rn
Country
United States
Website
www.t3rn.io