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About

Truebit is a blockchain enhancement which enables smart contracts to securely perform complex computations in standard programming languages at reduced gas costs. While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains. Truebit counteracts this shortcoming via a trustless, retrofitting oracle which correctly performs computational tasks. Any smart contract can issue a computation task to this oracle in the form of WebAssembly bytecode, while anonymous “miners” receive rewards for correctly solving the task. The oracle’s protocol guarantees correctness in two layers: a unanimous consensus layer where anyone can object to faulty solutions, and an on-chain mechanism which incentivizes participation and ensures fair remuneration. These components formally manifest themselves through a combination of novel, off-chain architecture and on-chain smart contracts.

About

A decentralized network giving applications access to trusted off-chain computation and data. An innovative market network where everyone can monetize their applications, servers and data-sets. As a developer, you can use iExec to overcome blockchain limitations, by executing your computations on a new distributed infrastructure. As a provider, you can rent out your machine’s computing power, monetizing it by executing tasks for applications. As a token holder, you can get into the world of crypto-economy by trading your RLC tokens whenever you want. iExec introduces a new paradigm for cloud computing. Cloud resources can now be traded on a global market, just like any other commodity. Instant access to a large capacity of computing power from the provider offering the best rate. iExec offers CLI and JS libraries for developers. Execute ‘off-chain’ computations through the iExec decentralized cloud and overcome Ethereum scalability issues.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone in need of a blockchain enhancement solution to perform complex computations in standard programming languages

Audience

Businesses in search of a decentralized marketplace for cloud resources in order to monetize their applications

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Truebit
Founded: 2017
truebit.io

Company Information

iExec
France
iex.ec/

Alternatives

Alternatives

RemoteExec

RemoteExec

IS Decisions

Categories

Categories

Integrations

Ethereum

Integrations

Ethereum
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