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Any thoughts on TRU?
Truebit Protocol Price: TRU Live Price Chart & News | CoinGecko
Track the latest Truebit Protocol price, market cap, trading volume, news and more with CoinGecko's live TRU price chart and popular cryptocurrency price tracker.www.coingecko.com
Vitalik proposed to build an EVM Optimistic Rollup scheme based on Truebit
In the Ethereum Research Forum, Vitalik Buterin, the founder of Ethereum, proposed that an Optimistic Rollup of Ethereum two-layer expansion scheme could be built based on TrueBit, an interactive verification protocol, to solve the problem of repeated verification. He also presented the basic scheme.
TrueBit, which enables smart contracts to safely perform complex calculations in a standard programming language and thus reduce gas costs, was launched on the Ethereum mainnet on April 21.
Yea the bonding curve on it rekt me good last night lmao I lost a good chunk of money playing with that thing.
The pink wedge is not supported by the mechanism of the token. Hence why the prices are in freefall.
Until demand for it picks up, there are plenty of tokens in circulation right now. When the price gets above 1.26 it'll start minting new tokens driving the price back down. Only demand from the token and ultimately token usage will tighten the supply and drive prices back up.
With the infinite scaling solutions out right now - it's really tough to pick a winner. Not only that, but zkSync is a slightly preferred winner technology that's coming out this summer. It's preferred over Optimism for native ETH. I'd keep an eye out on this thing but don't ape like me. Wait until the engine starts churning transactions.
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