TrueBit gives Ethereum smart contracts a computational boost. Don't let Ethereum's gas limit drag your imagination! A novel incentive structure guarantees fast, reliable, and affordable results without third-party trust.
TrueBit integrates with existing technology. Here's what's in store.
|●||A community cloud you can trust. Offer rewards in exchange for computational tasks, or get paid for providing correct solutions.|
|Dogether. Add smart contract functionality to your cryptocurrency, or trade its tokens without an exchange.|
|Scalable "on-chain" storage. Store data on Swarm, and then use it as input for smart contracts.|
|●||Increase transaction throughput. Build your own cryptocurrency with high transaction volume.|
|Interact with miners like never before. Introducing Ethereum smart contracts that can check any proof-of-work.|
|Decentralized streaming video via Livepeer.|
|●||Other Mind-blowing combos.|
The Verifier's Dilemma, discovered by TrueBit's founder together with Loi Luu, Raghav Kulkarni, and Prateek Saxena in 2015, limits miners' incentives to process transactions. TrueBit bypasses this bottleneck.
Jason Teutsch is a mathematician whose research focuses on distributed systems security, game theory, and algorithmic randomness. He has held postdoctoral positions at National University of Singapore, Penn State, and Universitšt Heidelberg, research positions at think tanks RAND and IDA, and multiple Fulbright research fellowships.
Christian Reitwiessner plays an active and pivotal role in the development and maintenance of Ethereum. In addition to researching future directions for the Ethereum community, he led the development of Solidity, the language of Ethereum smart contracts, as well as cpp-ethereum, a client application required to run the network.
Coming soon to an Ethereum blockchain near you… stay tuned for details.