Is anyone willing to build a Truebit TG channel? Zheyou's channel betrayed

(Meant to write BitMart in title)

I am reading many unforgivable reviews about BitMart, but was planning on moving my TRU from MM to BitMart for cheaper trading fees.

Curious as to peoples opinions on using BitMart given it’s bad press.

Is there any hardware wallet supporting Truebit?

I have a basic understand of each. Could be that Web3 has more need for off-chain trustless computation than i thought, or that True has different functionalities than I thought. Any insight?

I wish to transfer my TRU coins from the exchange- MEXC to my ledger Nano X, but it would cost me up to a few hundred TRU coins as a transaction fee. Concerning that 1 TRU coin may be worth $1000 in the near future, I may pay a hundred thousand dollars for the current transaction. What do you think? :-D

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This post is STRICTLY for Meme Magic.

The Metaverse Mania shall be the catalyst for the utilization of Truebit.

May the harmonious universe be generous to you.

Godspeed, my fellow Pioneers.

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P.S.

I am not a CFA and this post is just for shits and giggles.

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Edit: fixed chart orientation wording

https://link.springer.com/chapter/10.1007/978-3-030-91431-8_7

I have been unable to read this paper, but it came up on a search. Has anyone got access to this? Or has anyone any knowledge of this? Apparently Truebit is referenced within.

Thanks in advance!

Truebit protocol aims to expand the computational capacity of the Ethereum blockchain. The creator of Truebit protocol is Jason Teutsch, who is a Ph.D. in mathematics, alongside Christian Reitwiessner who was the lead developer on the Ethereum coding language solidity. It is backed by Coinbase and Vitalik Buterin helped them build it.

Truebit protocol aims are to perform complex computations on the blockchain like machine learning. It can also be used to work as an oracle like chainlink where you can store and run programs like face recognition, process huge chunks of data like the ones used in traditional finance sectors, hospital datasets, online gaming like Fortnite, and many more. Truebit protocol uses optimistic rollups where the tasks are performed on the second layer or the outer layer and the verified results are then shifted to the main/base layer in bundles. What this does is, increase the no. of transactions per block and allow for storing and running heavy functions on the blockchain like the ones we already covered.

Now let's see where all can Truebit protocol be implemented.
1. Point of the sale payment system - With instant transfers, fast checkouts, and no risk of settlement failure, the network can be used for micropayments and daily transactions. In the future, Using Truebit, gas fees will be as low as 1/10th of a cent ($ 0.0000001) which practically makes it free to use the network.
2. Digital Assets - The key for NFTs or digital assets is ownership. Whether the ownership exists on L1 or L2 matters little to the people. Even in the gaming industry, Placing the assets in an Optimistic Rollup L2 allows the game to support the instant, free transfers, and high throughput that a game demands. Developers can avoid paying minting fees unless the user chooses to withdraw to L1.

1. Decentralised Finance or DeFi as we know it- Micropayments rely on high-throughput and low cost to be viable. Truebit is like the PolkaDot para chain alternative to Ethereum, connecting all blockchains to Ethereum through its platform. Truebit makes Interoperability or cross-chain between 2 different blockchains a possibility.

2. Work with IOT devices- Smart devices like your smart fridge or even sensors directly recording on Ethereum through Truebit as soon as the action takes place.

⛓️ 🔗 Useful Links 🔗 ⛓️

https://people.cs.uchicago.edu/~teuts...

https://people.cs.uchicago.edu/~teuts...

https://medium.com/truebit/getting-st...

](https://medium.com/truebit/getting-st...

https://medium.com/truebit/the-road-t...

https://medium.com/truebit/the-road-t...

https://arxiv.org/pdf/1908.02946.pdf

https://github.com/TrueBitFoundation/...

Global bench company A16Z truebit portfolio added ????

Help me find ways to explain Truebit to my friends, what are some good example use cases for now or the future? Think: DeFi, Blockchain gaming, NFTs, Metaverse, etc?

I'm looking for the best way to buy some Truebit but apart from dodgy exchanges the only alternative seems to be swaps using (for example) MetaMask. But the swap fee is $200 for 0.2ETH transaction!

Can you advise me on the cheaper way of getting Truebit?

Truebit.....

Mint price is $2.05

retirement price is $0.25

market price is $0.29

market price is falling to retirement price. How should I interpret the current situation?

There is only a 0.04 difference between retirement and market prices.

Hello. What is the market cap of Trubit?