Right, I'm here to explain Truebit in the simplest way possible.
The idea of Truebit's technology enhances the capabilities of blockchain networks, most specifically the Ethereum blockchain. Its goal is to improve the speed and efficiency of the network by processing more complex computations off the main blockchain.
Think of a busy road (the ETH blockchain) where cars (transactions) are travelling slowly due to traffic. Truebit directs some of the cars to a separate, less congested road (off-chain computation), where they can move faster. Once the cars have completed their trip on the side road, they rejoin the main road, providing the results of their computations back to the blockchain.
In summary, Truebits idea and solution creates an off-chain system which can process more complex tasks faster and more efficiently which improves the overall performance of the network.
I believe Truebit is a sleeping giant and will be used on many of the major blockchains in the future. They are innovating the web3 space with essential technology that can significantly improve the performance of networks. Show Less
