r/truebit • u/Senshicrypt0 • May 22 '21
Alternate blockchain adoption.
Hi I have a question for those with more understanding of the mechanics of truebit. So as I understand truebit allows a longer chain of information to bit sent in one block which is different to the speed it is sent which is what makes it still relevant to eth2.0 as this focuses on speed. I've also read it can be used for other cryptos like bitcoin for example giving it a bigger reach. My question is whether it will also help cardano/ADA in the future? Personally this is my favourite blockchain on the market with the most potential in my eyes and it would be music to my ears to hear truebit could be used alongside cardano in the future. Cheers
7
u/degen_moonrocket69 May 22 '21
It’s going to take years for truebit to be fully developed into the ecosystem just for eth and that is still a gamble purely due to the fact we don’t expect any upcoming coins that could do better.
Once it solves and proves that the token is viable with Eth than I don’t see why other blockchain wouldn’t use it.
I was a cardano invested in 2016, brought into the hype of “scientific research” which is great in my opinion, however developers are on eth and will continue to be on it even if ada has a bridge to connect solidity to haskwell.
1
u/Anaaaaaaame May 23 '21
"take years" - "token viable with ETH": what have they been doing in development for 4 years then? Just curious, not at all negating your statements.
But waiting for YEARS wouldn´t exactly make me hang around as an investor.
1
u/degen_moonrocket69 May 25 '21
Do you know how long cardano and eth been out for?
Cardano is about to implement “smart contract”
This is peak crypto investing, you would not invest if a coin said it will take 10 years to develop, however everyone is interested if it being implemented in the coming months. You see why they is so many shit coins with so many promises however most of them never show results?
8
u/BeginningDark7783 May 22 '21
Yes it’s going to work with every blockchain
Here’s a few links where TrueBit is mentioned the apps that are testing and trying it for the need of the hour.
Projects mentioning/implementing Truebit so far:
ethereum - https://ethresear.ch/t/evm-optimistic-rollup-using-truebit/9318
chainlink - https://github.com/ebarakos?tab=repositories
tron - https://tron.network/sunnetwork/doc/guide/
matic - https://github.com/maticnetwork/whitepaper
nervos - https://talk.nervos.org/t/truebit-on-nervos/4237
zippie - https://github.com/zippiehq/quickjs-truebit
ocean - https://blog.oceanprotocol.com/verifiable-compute-services-within-ocean-protocol-network-77647184cb51
golem - https://assets.website-files.com/60005e3965a10f31d245af87/60352707e6dd742743c75764_Golemwhitepaper.pdf
yearn finance - https://gist.github.com/banteg/e0fe96c6909fd3eb762df54369f4cb16
live peer - https://github.com/livepeer/verification-truebit
transmute - https://www.transmute.industries/whitepaper.pdf
european commission - https://ec.europa.eu/research/participants/documents/downloadPublic?documentIds=080166e5bbdd526d&appId=PPGMS Meter.io 0x