My TOP10 project list - pick number 4/10
Diupdate
TRUEBIT is my wildcard pick and a quite unknown project.
Here is what it says on the homepage: "While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains. Truebit counteracts this shortcoming via a trustless, retrofitting oracle which correctly performs computational tasks."
From what I understand, Ethereum needs this protocol to fonction correctly and to scale in the future.
Truebit’s whitepaper was released in November 2017 and was co-authored by Dr. Jason Teutsh and Christian Reitwiessner under the title ‘A scalable verification solution for blockchains’. Dr. Jason Teush (Truebit founder) is a former Ethereum Lead Developer while Christian Reitwiessner led the development of Ethereum’s native programming language, Solidity.
I hold this coin since May 2022 and I am down 50% on my entry price. I decided to hold this project when I saw it's strong resiliance since November 2022: Truebit did not make new lows since 18 months. I could see the relative strenght of this coin in the final phase of the bear market. I expect this coin to rebound strongly and I guess it coulb be a leader in the upcoming bull market.
Here is what it says on the homepage: "While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains. Truebit counteracts this shortcoming via a trustless, retrofitting oracle which correctly performs computational tasks."
From what I understand, Ethereum needs this protocol to fonction correctly and to scale in the future.
Truebit’s whitepaper was released in November 2017 and was co-authored by Dr. Jason Teutsh and Christian Reitwiessner under the title ‘A scalable verification solution for blockchains’. Dr. Jason Teush (Truebit founder) is a former Ethereum Lead Developer while Christian Reitwiessner led the development of Ethereum’s native programming language, Solidity.
I hold this coin since May 2022 and I am down 50% on my entry price. I decided to hold this project when I saw it's strong resiliance since November 2022: Truebit did not make new lows since 18 months. I could see the relative strenght of this coin in the final phase of the bear market. I expect this coin to rebound strongly and I guess it coulb be a leader in the upcoming bull market.
Catatan
This recommandation received very little love !!I recommendet it when it was at 10 cents.
Today it's price is at 27 cents (thats 170% in 30 days).
Catatan
Lookiing really good ! New 2 year high ! In profit from my entry point !Catatan
There is some resistance to work through until 33 cents. However the token could start to run after having closed on a weekly basis above that level. We are up already 232% !!
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