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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 Hyperledger Sawtooth?

Hyperledger Sawtooth is characterized by a flexible and modular design that clearly distinguishes between its core functions and the application layer, allowing smart contracts to define business rules for applications without delving into the complexities of the underlying architecture. It also supports multiple consensus algorithms, including Practical Byzantine Fault Tolerance (PBFT) and Proof of Elapsed Time (PoET), which enhances its operational capabilities. Originally created by Intel, Sawtooth is a blockchain framework that emphasizes both adaptability and scalability. The expansive potential of Distributed Ledger Technology reaches multiple industries, enabling applications that range from the Internet of Things (IoT) to financial services, thus addressing the varied requirements of these fields. Moreover, Sawtooth's ability to operate in both permissioned and permissionless settings broadens its appeal to a variety of users. Its unique consensus mechanism, PoET, is specifically designed to support extensive networks of validators while reducing resource consumption, showcasing the efficiency that Sawtooth aims to provide in blockchain solutions. This wide-ranging flexibility in both deployment options and consensus mechanisms not only enhances Sawtooth's appeal but also positions it as a strategic choice for organizations eager to leverage blockchain technology for innovative solutions. The adaptability of Hyperledger Sawtooth underscores its relevance in a rapidly evolving technological landscape.

Media

Media

Integrations Supported

Ethereum
Consensys Quorum
Evernym Verity
Fujitsu Biometrics-as-a-Service
Hitachi Data Protection as a Service
IBM Cloud
NTT Cloud Communications
Oracle Cloud Infrastructure
Precisely
Quant
SAP Cloud Platform
Splunk Cloud Platform
Thales Sentinel
Wipro Cloud Studio

Integrations Supported

Ethereum
Consensys Quorum
Evernym Verity
Fujitsu Biometrics-as-a-Service
Hitachi Data Protection as a Service
IBM Cloud
NTT Cloud Communications
Oracle Cloud Infrastructure
Precisely
Quant
SAP Cloud Platform
Splunk Cloud Platform
Thales Sentinel
Wipro Cloud Studio

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

Hyperledger

Date Founded

2015

Company Location

United States

Company Website

www.hyperledger.org/use/sawtooth

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