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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 Thentic?

Thentic operates as a no-code automation platform tailored for the Web3 ecosystem, allowing users to optimize various on-chain and off-chain activities across 288 distinct blockchains. This versatile tool facilitates tasks such as creating NFTs, trading cryptocurrencies, and accessing daily market insights. Users can kickstart their experience with Thentic by browsing the array of templates showcased on the homepage. After choosing a template that fits their needs, individuals can customize it to suit their specific goals. To set up a Scheduled Task trigger, users need to specify the day of the week, the time interval, and the relevant timezone for the intended action. Once the Scheduled Task trigger is configured, the chosen action will execute automatically at the specified time and date, delivering consistency and efficiency in automation efforts. This effortless incorporation of automation into daily routines allows users to direct their attention towards more strategic choices instead of mundane tasks. Ultimately, Thentic enhances productivity by minimizing the time spent on repetitive processes, fostering a more effective workflow.

Media

Media

Integrations Supported

Ethereum

Integrations Supported

Ethereum

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$8.99 per month
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

Thentic

Date Founded

2021

Company Location

Germany

Company Website

thentic.tech/

Categories and Features

No-Code Development

AI-Assisted Development
Business Process Automation
Collaborative Development
Data Aggregation and Publishing
Deployment Management
Drag & Drop
Integrations Management
Iteration Management
Performance Monitoring
Requirements Management
Templates
Visual Modeling
Web / Mobile App Development
Workflow Management

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