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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 Starknet?

Starknet operates as a decentralized ZK-Rollup on the Ethereum network, enabling permissionless access for any decentralized application (dApp) to achieve virtually limitless computational scale while ensuring the security and composability inherent to Ethereum. By creating STARK proofs off-chain and subsequently validating them on-chain, Starknet effectively enhances scalability while preserving the integrity of Ethereum's Layer 1. Developers have the flexibility to easily apply various business logic through Starknet Contracts, which supports Ethereum-level composability and simplifies the development process, thereby fostering innovation. The StarkEx scalability engine, powered by the STARK Prover, is capable of processing up to 600,000 transactions within a single proof on Mainnet, underscoring its exceptional efficiency and reliability. This unique blend of capabilities positions Starknet as an essential framework for the future of decentralized applications, paving the way for more advanced and innovative solutions in the blockchain ecosystem. As the demand for scalable solutions continues to grow, Starknet stands out as a critical player in shaping the landscape of decentralized technologies.

Media

Media

Integrations Supported

Ethereum

Integrations Supported

Ethereum
10K Swap
Blast
Braavos Wallet
Coinhub
Cryptoworth
FOX Wallet
Fibrous
Fortmatic
MetaMask
Moonlet
OKX Wallet
Rubic
SithSwap
Trust Wallet
WalletConnect
Wirex

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

StarkWare

Date Founded

2018

Company Location

Israel

Company Website

www.starknet.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

Layer 2 Protocols

Not specified

Smart Contract

Not specified

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