We are pleased to announce that Jupiter Innovations Lab Inc., a company focused on decentralized reputation systems, has been awarded a Decentralized Futures Grant to develop their project, ‘True Network’. The grant supports True Network’s ongoing work in blockchain-based infrastructure that supports and promotes user engagement and retention within decentralized applications (dApps).
True Network is an on-chain reputation system that enables dApps to issue verified records known as attestations. Algorithms written in TypeScript process the attestations, which are executed as WebAssembly (wasm) modules to compute user reputation scores.
- Reputation Staking and Aging
True Network modules allow dApps to implement reputation staking, in which a user’s past contribution or action serves as a trust signal within the application. Reputation aging mechanisms prioritize active users and recent contributions, encouraging timely community engagement. - Cross-Chain Compatibility
The platform is designed to interoperate across various blockchain ecosystems. True Network’s cross-chain attestation allows for the transferability of a user’s reputation across multiple platforms. - Algorithm Flexibility
Developers can use True Network’s infrastructure to create and deploy custom algorithms for computing reputation scores.
True Network has recently launched its private testnet, Raman Network, allowing dApp developers to register as issuers and experiment with on-chain attestations and algorithms. Exciting applications are already underway, showcasing the potential of decentralized reputation systems to transform user interactions and value.
By leveraging blockchain technology, True Network aims to create a robust, transparent, and user-focused reputation infrastructure for Web3, ultimately building a foundation for more engaged and sustainable dApp ecosystems.
Learn more about True Network’s exciting contributions to the Web3 ecosystem by visiting their website or joining their community Telegram
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