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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 BlockchainDefender?

Blockchain Defender acts as a crucial link between various applications and a private blockchain, carefully scrutinizing every message to ensure it adheres to enterprise regulations, examining data fields for possible malware, and verifying transactions via the ProtectID® system. It also includes a Content Scanner that proactively detects and blocks malware before it can compromise the blockchain. BlockSafe Technologies™, a division of StrikeForce Technologies, Inc. (OTCQB: SFOR), is acknowledged as a leading provider of cybersecurity solutions specifically designed for individuals, enterprises, and governmental organizations. Moreover, BlockSafe Technologies™ possesses the rights to utilize and distribute the groundbreaking and award-winning cybersecurity technology patented by StrikeForce Technologies, Inc., showcasing their dedication to safeguarding digital assets. This partnership not only strengthens their capabilities in delivering comprehensive security solutions but also addresses the growing challenges posed by a complex digital environment. Through these initiatives, they aim to provide a safer digital experience for all users.

Media

Media

Integrations Supported

Ethereum

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Truebit

Date Founded

2017

Company Website

truebit.io

Company Facts

Organization Name

BlockSafe Technologies

Date Founded

2018

Company Location

United States

Company Website

www.blocksafetech.com/products/blockchaindefender/

Categories and Features

Blockchain

Not specified

Blockchain Security

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain Security

Not specified

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