Truebit enables external computation resources to provide trusted results to smart contracts and applications within a blockchain. The platform connects blockchains to both on-chain and off-chain data and enables smart contracts to securely perform complex computations in standard programming languages at reduced gas costs. Truebit processes complex transactions via a consensus mechanism involving minimum redundancy, making it a novel solution for Web 3.0 infrastructure. The founder is Jason Teutsch, and Truebit works by leveraging game theory principles and financial incentives to increase the on-chain computation power of existing networks. TRU is the token used on the platform.
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