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What is Truebit?

Truebit acts as an enhancement to blockchain technology, enabling smart contracts to carry out complex computations using traditional programming languages while reducing gas fees. While smart contracts are adept at managing small computations with precision, they encounter considerable security risks when dealing with larger tasks. To tackle this challenge, Truebit implements a trustless oracle that upgrades existing frameworks, ensuring that complex operations are performed accurately. Smart contracts can submit computation requests to this oracle as WebAssembly bytecode, and in exchange, anonymous miners receive rewards for supplying correct solutions. The oracle's protocol guarantees accuracy through two distinct layers: a unanimous consensus layer that allows anyone to dispute incorrect results and an on-chain mechanism that encourages participation and ensures fair compensation for contributors. This implementation is achieved through a creative combination of off-chain infrastructure and on-chain smart contracts, thereby boosting the overall efficiency and security of blockchain systems. By improving computational reliability, this dual strategy also cultivates a stronger ecosystem for decentralized applications, paving the way for more advanced use cases in the future.

What is Bastion?

Unveil groundbreaking web3 interactions that exceed user expectations by facilitating transactions that are both cost-effective and as rapid as web2, while simultaneously seeking new growth opportunities. Enhance your understanding of user behavior through detailed analytics that combine both on-chain and off-chain data. Bastion’s customizable custodial wallets seamlessly and securely integrate with your existing systems, boosting user satisfaction and enabling advanced features like subscriptions, loyalty programs, and immersive gaming experiences. The Bastion platform intelligently determines the optimal moments to leverage blockchain technology, ensuring transactions remain quick and affordable without compromising the user experience. Moreover, Bastion gathers extensive data from a blend of on-chain and off-chain user activities, providing your business with critical insights and a comprehensive grasp of your audience. This innovative strategy not only optimizes your operations but also elevates your business to a leading position within the rapidly changing digital landscape, paving the way for future innovations. By adopting these cutting-edge solutions, you will be well-equipped to navigate the complexities of the web3 ecosystem and drive sustained growth.

Media

Media

Integrations Supported

AWS Marketplace
Ethereum
Fleet
Primo

Integrations Supported

AWS Marketplace
Ethereum
Fleet
Primo

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Truebit

Date Founded

2017

Company Website

truebit.io

Company Facts

Organization Name

Bastion

Date Founded

2023

Company Website

www.bastion.com

Categories and Features

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