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![Truebit Protocol](/_next/image?url=https%3A%2F%2Fcdn.coingem.com%2Fcoins%2F100x100%2F0xf65b5c5104c4fafd4b709d9d60a185eae063276c.png&w=128&q=75)
Truebit Protocol
tru
Contract
![icon](/_next/image?url=https%3A%2F%2Fcdn.coingem.com%2Fcoins%2F1bdfb2f1bf-s26qps53br8.png&w=48&q=75)
Achievements
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Truebit Protocol Price (USD):
$0.12
2.49%
Carts
About Truebit Protocol
What Is Truebit (TRU)?
Truebit allows software running outside a blockchain environment to provide trusted results to smart contracts and applications running within a blockchain. The platform allows practically unlimited external compute resources to be applied in a trusted way to extend the performance, throughput, and scalability of its host blockchain. Research began in 2015 on this verification solution which today connects blockchains to both on-chain and off-chain data while enabling smart contracts to securely perform complex computations in standard, easy-to-use programming languages at significantly reduced gas costs.
Unlike sharding and other methods for distributing high transaction throughput, Truebit processes complex and large transactions via a consensus mechanism involving a minimal number of redundancies, making it a novel solution for Web 3.0 infrastructure. The bulk of computation occurs with off-chain resources.
Verifier’s Dilemma - What Makes Truebit Unique?
Rather than relying on external, cryptographic proofs of correctness, Truebit brings scalable computation to blockchains by leveraging game theory principles and financial incentives to increase the on-chain computation power of existing networks and reduce marginal gas costs.
While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains due to the Verifier's Dilemma. Truebit counteracts this via a retrofitting oracle that achieves correct computational results. Truebit’s microeconomy ensures trustless verification through a financial incentive layer atop a dispute resolution layer.
Who is the founder of Truebit (TRU)?
Truebit was founded by mathematician and computer scientist Jason Teutsch who co-authored the whitepaper with Ethereum’s Solidity creator and team lead, Christian Reitwiessner. Jason holds a PhD in Mathematics, was a two-time US Fulbright Fellow, and co-discovered the Verifier’s Dilemma.
Applications
Applications include:
Layer-2 settlements
DeFi settlements and bookkeeping
Batch verification of cryptographic signatures
Checking proof-of-work
Performing operation(s) with high computational complexity
Any smart contract can issue a computation task to Truebit in standard languages (C, C++, or Rust) without concern for Ethereum’s gas limit. Truebit’s WebAssembly-based architecture can read functions and data from Ethereum bytes, smart contract program code, or IPFS.
What kind of token is Truebit (TRU)?
The supply of TRU tokens may fluctuate over time.
Learn more about Truebit:
Getting started with Truebit on Ethereum
https://medium.com/truebit/getting-started-with-truebit-on-ethereum-ac1c7cdb0907
An Intro to TrueBit: A Scalable, Decentralized Computational Court https://medium.com/@simondlr/an-intro-to-truebit-a-scalable-decentralized-computational-court-1475531400c3
Learn more about Ethereum:
Ethereum
https://ethereum.org/en/
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Tokenomics (Locked)
Roadmap (Locked)
Phase 1 - Presale
Info not submitted
Phase 2 - Development
Info not submitted
Phase 3 - Launch
Info not submitted
FAQ about Truebit Protocol
What is the price of coin Truebit Protocol?
The current price of Truebit Protocol coin is $0.12, daily change is 2.49%
What is the tru market cap?
Current market cap is $27569421.524281003371 with total supply 229745190.611272617717530686 tokens.
What is the liquidity of Truebit Protocol?
Liquidity of token Truebit Protocol is $1182298.2 in pools.
Where can I buy Truebit Protocol?
Token can be purchased on Uniswap dex.
What is Truebit Protocol (tru) smart contract address?
tru smart contract address is 0xf65b5c5104c4fafd4b709d9d60a185eae063276c, it can be purchased on any Uniswap dex.
How many token holders?
tru have 20848 holders and diversity is Excellent.
When was the project launched?
tru launched on 2022-03-20.
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Votes & Boosts
24h Rank
>200
Votes total / 24h368 / 0
Gems total / 24h0 / 0
Gems History
Do you own this project?
In order to immediately edit token data, links to the site and social networks, tokenomics, update the token URL and more, you need to verify the token on your account.
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Truebit Protocol Token Price
$0.12
2.49%
5m0%
1h0%
6h0%
24h2.49%
TXN29
Buy17
Sell12
Volume$18K
Buy/sell fee0% / 0%
Liquidity$1M
Total supply229M
Market Cap$27M
Burned$11
Circulation Supply229M
Honeypot checkPassed
Holders data
Holders20848
DiversityExcellent
ReputationExcellent
Liquidity pools:
![Uniswap](/_next/image?url=https%3A%2F%2Fcdn.coingem.com%2Fcoins%2F185296b9a6a-88zsuqaqka6.png&w=64&q=75)
Uniswap WETH
130.19 WETH ($595K)
![Uniswap](/_next/image?url=https%3A%2F%2Fcdn.coingem.com%2Fcoins%2F185296b9a6a-88zsuqaqka6.png&w=64&q=75)
Uniswap WETH
44.71 WETH ($492K)
![SushiSwap](/_next/image?url=https%3A%2F%2Fcdn.coingem.com%2Fcoins%2Fcce9990308-901hcghckkc.png&w=64&q=75)
SushiSwap WETH
9.06 WETH ($41K)
Token X/Twitter Feed
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Launch Date:Mar 20 2022
Promoted Spot
Name | Price | Volume | TXNS | 1H | 24H | Liquidity | MCap | Age | Social | Total Boosts / Votes | |
---|---|---|---|---|---|---|---|---|---|---|---|
- | - | - | - | - | - | in 1 month | ×2733 Boost | ||||
- | - | - | - | - | - | 2 months | ×1072 Boost | ||||
$ 0.(0x4)1121 | $ 655 | 5 | - | -76.76% | $ 0.49 | $ 1 121 | 1 week | ×414 Boost | |||
$ 0.05 | $ 1 031 | 8 | - | -0.03% | $ 107M | $ 437M | 2 weeks | ×258 Boost | |||
$ 0.(0x7)5164 | $ 51 | 1 | - | - | $ 12K | $ 21K | 2 weeks | ×180 Boost | |||
$ 0.(0x10)1836 | $ 3 | 1 | - | - | $ 4 | $ 18 | 3 weeks | ×126 Boost | |||
$ 0.(0x6)1372 | $ 27 | 1 | - | - | $ 7 147 | $ 13K | 1 month | ×78 Boost | |||
$ 0.(0x3)2405 | $ 22K | 176 | 0.61% | 15.94% | $ 63K | $ 240K | 2 weeks | ×66 Boost | |||
$ 0.12 | $ 1 127 | 7 | - | 10.81% | $ 46K | $ 124K | 9 months | 999 Boost | |||
$ 0.(0x2)7397 | - | 2 | - | 0.16% | $ 21M | $ 22M | 1 month | 432 Boost | |||
$ 0.(0x3)2203 | $ 6 600 | 74 | -2.14% | -15.71% | $ 24K | $ 220K | 3 months | 315 Boost | |||
$ 0.(0x3)236 | $ 8 447 | 98 | - | 4.47% | $ 92K | $ 207K | 4 months | 147 Boost | |||
$ 0.(0x6)1574 | $ 1 256 | 6 | - | -1.8% | $ 33K | $ 66K | 2 months | 59 Boost |