Tellor update: TRB Live price, price chart, news and markets

Tellor
TRB
star share
$34.48
arrow-up
16.84%
Rank #384 | Category
altcoin
erc-20
halal
Market Cap btn-info
$91,793,937
Fully Diluted Market Cap btn-info
$94,767,620
Volume btn-info
$28,021,258

Tellor Price Chart Update [TRB]

Tellor Price Update Today

The TRB price update as of now is $34.48. In the previous 24 hours, its trading volume was $28,021,258, and its value has increased by 16.84%. As of now, TRB's live market cap is $91,793,937, and it is ranked as the #384 on the Coincu. TRB has a circulating supply of 2,748,235 and a maximum supply of 2,748,235.

About Tellor

Understanding Tellor: A Decentralized and Trustless Solution for Off-chain Data

The Tellor Oracle provides a unique approach to accessing off-chain data in decentralized applications. By incentivizing miners, it ensures the retrieval of accurate data in a decentralized and trustless manner.

Key Features of Tellor: A Revolution in Data Reporting and Validation

Tellor's Project Objective

The objective of Tellor's protocol is to establish an open and permissionless network for data reporting and validation. This ensures that data can be provided by anyone and verified by everyone.

What Sets Tellor Apart in the World of Decentralized Oracles?

While blockchains lack direct access to off-chain data, web3 projects have devised their own means of sourcing such data for their smart contracts. 

Nevertheless, relying on centralized points of on-chain data entry exposes projects to risks like manipulation, attacks, and censorship. Hence, a truly decentralized oracle is of paramount importance in web3 infrastructure.

For an oracle to be truly decentralized, it must ensure that data provided by anonymous reporters is protected and validated through an unrestricted, distributed network. Furthermore, it should incorporate simple crypto-economic incentives to enable anyone to contribute any type of data, which can then be verified by everyone.

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Tellor Markets
Smart Contract
Cir. Supply
2,748,235

Max Supply
2,748,235