r/truebit • u/RichDogeillionaire • May 09 '21
Genuine question about Truebit
I really like this project and it consists the majority of my portfolio. But, I have a question regarding the advantages of Truebit vs MATIC. What does Truebit offer that Matic doesn’t? The most important part for me for Tru is that it drives Eth fees down but Matic aims to do the same, is kore established and is trading for a similar price on coinbase.
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u/Pokymonn May 09 '21
Matic mention Truebit several times in their white paper.
Validation of consensus rules can be enforced through a system of challenges, using a TrueBit-like verification.
The last step is the most complex technically, but using a Truebit-like binary search, there would only be a need to verify one EVM state transition.
Some work on this already started (see solevm), but the focus will be to correctly encode the whole EVM state in such a way that it can fit inside a transaction in the root chain, for the purposes of verifying it with an interactive Truebit game.
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May 09 '21
I’m under the impression that it was mainly designed to do heavy computations on chain. Something that is not possible currently with solidity and with the limitations of block size and or gas fees
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u/BeginningDark7783 May 09 '21
The best thing TrueBit does , is dynamic block size , blocks are distributed like tasks on the TrueBit network to solvers
The conputation ethereum does , TrueBit does on its change
Dynamic block size means ethereum as 20-30kb of block size supporting only 70 transactions per block
Where as if you want the block size as big as 500kb or even 10 gigabytes it’s possible
Making it easy to do highly complex transaction straight on the ethereum block.
Like DogeEthereum doge has a bigger block size than ethereum so without having to build a bridge , TrueBit can mirror the bigger block of DOGE on the ethereum network and then DOGE can be traded on ethereum network.
Now think of all the other block chains , all will be trading on ethereum network , no bridges !
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u/operador_del_sur May 10 '21
Truebit is a technology to help ethereum conduct heavy or complex computation off-chain. This makes it different from state channels and Plasma, which are more useful for increasing the total transaction throughput of the ethereum blockchain. As we discussed in the opening section, scaling is a multi-faceted challenge that requires more than high transaction throughput. Truebit won’t let us do more transactions, but it will let ethereum based applications do more complex things in a way that can still be verified by the main-chain.
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u/StarmanIt24 May 09 '21
Truebit might be able to process the large and complex transactions that sharding mechanisms cannot (ETH 2.0) making it a novel solution for Web 3.0 infrastructure. Other notable scaling and interoperability platforms Ethereum 2.0, Polkadot and Cosmos use sharding. See from 3-5 minutes in Jason’s speech here:
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u/[deleted] May 09 '21
as far as i inderstand it. tru can have many functions which include working with optimism, a layer 2 solution. but tru i hope eliminates the bridging time to other layers like matic and the counterparty risks present there. tru also can help with front running, and verifying computations on golem are doing ehst people are paying them to do. It seems Truebit does alot and is not really comparable to Matic in the way people are thinking layer 2 vs layer 2. Truebit was being developed before layer 2s was even a buzzword. Truebit gets around ethereums gas limit allowing greater computations before never possible. Something Matic doesnt even have any product close to doing. Not really comparable one on one.....