Buy Truebit Protocol (TRU)
What is Truebit Protocol?
Truebit Protocol is a verified computing platform that allows developers to create certified, interoperable applications. It serves as an enhancement for blockchain networks by enabling smart contracts to perform complex computations beyond their native capacities.
How does Truebit Protocol work?
Truebit Protocol employs a WebAssembly (Wasm) architecture for the safe execution of off-chain tasks. It utilises a system of "verification games," where computations performed off-chain can be verified by the network. This involves solvers submitting solutions and verifiers checking them, with disputes resolved through an efficient mechanism that uses network 'Judges' with limited computational power.
What are the potential use cases for Truebit Protocol?
Truebit Protocol can be utilised in various sectors including:
- Web3 Applications: Enhancing interaction with external data sources and cross-ledger data movements.
- DeFi Applications: Supporting high transaction throughput with secure computations.
- Cross-Chain Data Synchronization: Facilitating secure data transfer between different blockchains.
- AI Capabilities: Enabling transparent and secure execution of AI models and machine learning tasks.
What is the history of Truebit Protocol?
Truebit Protocol was founded in 2017 by Jason Teutsch to address the Verifier’s Dilemma in blockchain networks. Significant milestones include its introduction at Devcon 3 and the development of Truebit Verify, a platform to enable interoperable certified applications. Truebit has made partnerships with key figures and organisations in the blockchain space, enhancing its market presence and technological capabilities.
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Frequently Asked Questions (FAQs)
What is the current price of Truebit Protocol (TRU)?
The Truebit Protocol price is $0.29362028 AUD, representing a -2.73% from the day prior.
Where is the best place to buy Truebit Protocol (TRU) in Australia?
The best place to buy Truebit Protocol (TRU) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Truebit Protocol (TRU) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Truebit Protocol (TRU)?
The trading volume of Truebit Protocol (TRU) is $109.1K AUD in the last 24hrs, representing a -2.73% from the day prior.
How can I buy Truebit Protocol (TRU)?
Truebit Protocol (TRU) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Truebit Protocol (TRU)?
The current market cap of Truebit Protocol (TRU) is $0 AUD.
Can I convert Truebit Protocol (TRU) to cash?
Yes - With Coinstash you can convert your Truebit Protocol (TRU) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Truebit Protocol (TRU) are there?
The current circulating supply of Truebit Protocol (TRU) is 0.
Is Coinstash a safe place to buy Truebit Protocol (TRU) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Truebit Protocol (TRU) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.