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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 StarkEx?

StarkEx is engineered to produce validity proofs, ensuring that only authentic data from reliable computations is logged on the blockchain. Its impressive scalability is a result of the unequal distribution of tasks between the off-chain prover and the on-chain verifier. By supporting self-custodial decentralized applications (dApps) and integrating advanced anti-censorship strategies, it guarantees that users retain control over their assets at all times. Additionally, StarkEx is versatile enough to meet a diverse range of user needs and application features. Those looking to integrate with StarkEx can generally go live on the Mainnet within a few weeks, depending on the development stage of their off-chain Operator node. With validity proofs in place, state updates reach finality as soon as they are confirmed on-chain, which can occur within hours, contrasting with fraud proofs that necessitate a prolonged dispute resolution process. This heightened efficiency not only simplifies the transaction workflow but also significantly improves the overall blockchain user experience, making it more accessible for a wider range of applications. Overall, StarkEx stands out as a robust solution for developers aiming to leverage the benefits of blockchain technology while maintaining high levels of security and efficiency.

Media

Media

Integrations Supported

Ethereum
Aboard Exchange
Dfns
Nostra Finance
Starknet
nxyz

Integrations Supported

Ethereum
Aboard Exchange
Dfns
Nostra Finance
Starknet
nxyz

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

StarkWare

Date Founded

2018

Company Location

Israel

Company Website

starkware.co/starkex/

Categories and Features

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Starknet Reviews & Ratings

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StarkWare