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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 Space and Time?

Dapps utilizing Space and Time enable efficient blockchain interoperability by merging SQL and machine learning for data related to Gaming and DeFi, thus serving any decentralized applications that demand dependable tamperproofing, robust blockchain security, or enterprise-grade scalability. By fusing blockchain data with an advanced database, a connection is established between off-chain storage and on-chain analytics. This methodology fosters easier multi-chain integration, facilitates data indexing, and supports anchoring, allowing for the seamless combination of on-chain and off-chain information. Furthermore, it fortifies data security through well-established and reliable mechanisms. Users can choose their source data by linking to our indexed real-time blockchain information from numerous prominent chains, alongside integrating off-chain data they have accumulated. In addition, you can securely transmit tamperproof query results to smart contracts in a trustless setting or directly publish these results on-chain, backed by our pioneering cryptographic guarantees known as Proof of SQL. This innovative technology not only simplifies data management but also safeguards the integrity of the data throughout the entire process. Consequently, this enhances user confidence in using these decentralized applications, ensuring that data remains both accessible and secure.

Media

Media

Integrations Supported

Ethereum

Integrations Supported

Ethereum
Avalanche
Chainlink
Fantom
Polygon
Solana

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

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

Space and Time

Date Founded

2022

Company Location

United States

Company Website

www.spaceandtime.io

Categories and Features

Blockchain

Not specified

Blockchain Security

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

Data Warehouse

Not specified

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