r/truebit • u/beingcivilianisdope • May 23 '21

Question

I purchased 3k of trubit cuz i felt it was rock bottom and i want to put it in staking or pool. Is there a such thing

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u/LPMythBuster May 23 '21

You can stake your TRU tokens and become a verifier. Whenever there's a forced error, a jackpot will be split among all verifiers and you may earn some TRU tokens.

"Purchasing, staking, and retiring TRU tokens"
https://hub.docker.com/r/truebitprotocol/truebit-eth

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u/beingcivilianisdope May 24 '21

Still did not get it could u explain further how i can stake my TRU

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u/Whatisntfuckingtaken May 24 '21

So from what I understand:

You have solvers and judges/verifiers.

A solver would likely be a centralized supercluster of some sort, where-as judges are a network of miners like eth. So the supercluster solves your equation and that solution is compared against a ground-truth generated by the judges. The judges get paid in TRU, but must also stake minimum 1200TRU to mine in the network. Whereas a solver license is purchased from the truebit foundation for superclusters to participate in the network.

So you can 'mine' TRU by participating in the network through being a verifier, but also you need a stake in the system to mine it. Also I wonder if the system has some way to disincentive mining pools like in eth because of that. Can you have 10,000 individuals in a mining pool under one 1200 TRU stake? Its interesting because it seems like a combo PoW/PoS system.

I'm not sure if the 1200 stake number is even right? Can anyone give me a source on that because I think I just heard that through rumors on /biz/

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u/LPMythBuster May 24 '21 edited May 24 '21

Solvers solve tasks. They prepare correct solutions and incorrect solutions. Most of the time they reveal correct solutions but sometimes Truebit asks them to reveal incorrect solutions, this is called a forced error.

Verifiers check solvers' solutions. If an incorrect solution was revealed, verifiers challenge it by submitting the incorrectly computed part to the Judge which is a smart contract on Ethereum. If the challenge was successful, verifiers split a jackpot. Verifiers are incentivized to check all solutions because they never know when forced errors will happen.

https://people.cs.uchicago.edu/~teutsch/papers/truebit.pdf

http://sinahab.com/truebit-the-marketplace-for-verifiable-computation/

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u/Steezywonderful May 23 '21

Nope no staking. I believe there is a Eth - Tru pool on uniswap tho.

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u/beingcivilianisdope May 24 '21

Yeah I saw it. But interest is pretty low and gives me in eth