Solving Blockchains Verifier's Dilemma using Game Theory with Truebit | Episode #81
Great Things with Great Tech Podcast
Anthony Spiteri
5 • 4 Ratings
🗓️ 1 April 2024
⏱️ 39 minutes
🧾️ Download transcript
Summary
Don’t just trust, verify! Truebit Verify lets Web3 applications integrate safely with any data source, move data securely across ledgers, and trustlessly call outside functions.
Truebit revolutionizes blockchain computation, pushing the boundaries of web 3.0. In Episode 81 of Great Things with Great Tech, Blane Sims, Head of Product at Truebit, shares their journey from addressing Ethereum's limitations to pioneering offchain verification. Truebit enhances blockchain's scalability, enabling complex, efficient computations. Founded in 2017, their innovative approach, rooted in game theory, assures computational accuracy and integrity, driving the evolution of decentralized applications.
Topics Covered:
- Truebit's Genesis and Ethereum's Evolution
- Offchain Verification: Scaling Blockchain's Horizons
- Truebit's Role in Web 3.0 and Traditional Tech Integration
- Game Theory: Securing Decentralized Computation
- Truebit OS and Verify: Powering Transparent, Reliable Applications
☑️ Technology and Topics Mentioned: Truebit, Blockchain, Ethereum, Offchain Verification, Web 3.0, Decentralized Applications, Game Theory
☑️ Web: https://truebit.io ☑️ Crunchbase: https://www.crunchbase.com/organization/truebit
☑️ Support the Channel by buying a coffee? - https://ko-fi.com/gtwgt ☑️ Interested in being on #GTwGT? Contact via Twitter @GTwGTPodcast or visit https://www.gtwgt.com ☑️ Subscribe to YouTube: https://www.youtube.com/@GTwGTPodcast?sub_confirmation=1 ☑️ Subscribe to Spotify: https://open.spotify.com/show/5Y1Fgl4DgGpFd5Z4dHulVX • Web - https://gtwgt.com • Twitter - https://twitter.com/GTwGTPodcast • Apple Podcasts - https://podcasts.apple.com/us/podcast/id1519439787?mt=2&ls=1 ☑️ Music: https://www.bensound.com
Transcript
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| 0:00.0 | Just before we start episode 81 of Great Things with Great Tech, I just want to highlight that the following is not investment advice. |
| 0:08.2 | It's for informational and educational purposes only. |
| 0:24.9 | Hello, and welcome to episode 81 of Great Things with Great Tech, the podcast, Howlowing Companies Doing Great Things with Great Technology. |
| 0:28.0 | My name is Anthony Sputarian. |
| 0:29.5 | In this episode, we're talking to a company that revolves around overcoming the limitations |
| 0:33.9 | of blockchain computation, ensuring integrity and accuracy in a decentralized |
| 0:39.5 | environment, thus facilitating more complex and reliable applications in Web 3 and beyond. |
| 0:46.2 | That company is Truebit. I'm talking to Blaine Sims, head of product at Truebit. Welcome to the show. |
| 0:51.5 | Thanks, Anthony. So happy to be here today. |
| 0:55.0 | Yeah, awesome. |
| 0:56.0 | And before I gladly dive back into the world of blockchain and Web 3 after a bit of a hiatus on the show, |
| 1:02.0 | just as a reminder, if you like great things with great tech and we'd like to feature |
| 1:05.0 | in future episodes, click on the link on the show notes or go to gtwgt.com catch all episodes on all the good |
| 1:13.3 | podcasting platforms apple google spotify hosted and distributed by spotify podcast finally go to at |
| 1:19.7 | gtwgt podcast at youtube link subscribe follow all that kind of stuff so you get all the goodness |
| 1:26.3 | of the future episodes. |
| 1:30.0 | And by the way, all previous 81 episodes as well. |
| 1:34.4 | Right, Blaine, now that we've got that out of the way, let's talk about True bit. |
| 1:38.6 | Let's talk about verification in the world of Web 3, but also I think very interestingly how, you know, Web 3 and more traditional Web 2 world are coming together |
| 1:44.3 | and this is kind of like this happy medium that we now find ourselves in in 2024. |
| 1:50.4 | Absolutely. Well, I think the first place to start is really how Trubit got its own start, right? |
| 1:56.7 | So Trubit goes back really to the earliest days of the blockchain world in our case, Ethereum. |
... |
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