Truebit Protocol Logo

Truebit Protocol TRU

Truebit Protocol header image

1. Summary

Ranks

Liquidity
-
Developer
-
Social
81
Momentum (beta)
0
Stack Rank™
-
Price
$0.23 -16.9%
Market Cap
$0.00 (#5552)
Supply
0.00 / 243.87M
Price
52W High price $0.35
52W High date 2nd Mar 2024 (3 weeks ago)
All Time High (ATH) Date 2nd May 2021 (2 years ago)
ATH Price $1.31
% From ATH -74.35%
All Time Low (ATL) Date 7th Jan 2023 (1 year ago)
ATL Price $0.07
% From ATL 363.78%
Supply & Trading Volume
Trading Volume (24h) $1.45M
Total Supply 243.87M
Description

Truebit (TRU) is a platform that allows software outside a blockchain environment to provide trusted results to applications within a blockchain. It uses external compute resources to increase the power and efficiency of its host blockchain, handling complex and large transactions via a consensus mechanism. Truebit stands out due to its unique resp...

Truebit (TRU) is a platform that allows software outside a blockchain environment to provide trusted results to applications within a blockchain. It uses external compute resources to increase the power and efficiency of its host blockchain, handling complex and large transactions via a consensus mechanism. Truebit stands out due to its unique response to the Verifier's Dilemma, using game theory and financial incentives to bolster on-chain computation power and curbing gas costs. It was founded by mathematician and computer scientist Jason Teutsch and Christian Reitwiessner, the creator of Ethereum’s Solidity. Applications of Truebit include layer-2 settlements, DeFi settlements and bookkeeping, checking proof-of-work, and operations involving high computational complexity. Truebit's currency, TRU, may fluctuate in supply over time.

2. Price

TRU/USD

2.1. Market Performance

How does Truebit Protocol's (TRU) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

101.8%

TRU

26.3%

Similar Market Cap

60 Day Return

78.1%

TRU

-

Similar Market Cap

1 Year Return

159.8%

TRU

-

Similar Market Cap

3. Developer Activity

We're monitoring 8 Truebit Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Truebit Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 0
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 0 commits vs. an average of 172

Most Active Repos

Past week 36
Past 12 weeks 44
Past year 44
Past week 32
Past 12 weeks 32
Past year 32
Past week 0
Past 12 weeks 0
Past year 20
Past week 0
Past 12 weeks 2
Past year 10
Past week 0
Past 12 weeks 0
Past year 2
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 11 developers have contributed to Truebit Protocol over the past year. Who are the most active Truebit Protocol developers, by commits, over the past year?

Related Projects

Developers working on Truebit Protocol also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 4,459
Active Reddit Users (past 24h) 12
Discord users
Active Discord Users
Telegram Users 1,393
Twitter followers 35,493
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://truebit.io/#home
Explorer https://etherscan.io/token/0xf65B5C5104c4faFD4b709...
Twitter @Truebitprotocol
reddit /r/truebit

What is the correct contract address for Truebit Protocol?

Ethereum 0xf65b5c5104c4fafd4b709d9d60a185eae063276c

Has Truebit Protocol been audited for security?

No security audits found for this project.

Are you the owner of Truebit Protocol? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.