Truebit aims to solve a major problem in the Ethereum network, where computation is limited by the block gas limit. Without a proper solution, this could potentially make many future applications too costly to operate or even infeasible. The TrueBit Protocol (as shown in the image below) harnesses the power of off-blockchain computers to verify computations, using their API called ‘createTask’ on the TrueBit smart contract.
Although the initial version of TrueBit will operate on the Ethereum blockchain, it is adaptable to other ecosystems as well. Users will be able to transfer TRU tokens by burning them on one blockchain and minting them on another, providing universal scalability. This system offers benefits such as local autonomy and cross-chain symmetry. Show Less
