Quick Guide about Decentralized Oracle Tellor (TRB)
Tellor is a decentralized oracle built on the Ethereum network that provides trustless access to off-chain data and enables this data to be securely placed on-chain for use in DeFi (Decentralized Finance).
What makes Tellor Unique?
Tellor provides a framework for decentralized applications (dApps) to access off-chain data by using an effective incentive structure for data providers, or miners. The protocol can then induce an open, permissionless network of data reporting and data validation, further decentralization is introduced through its data pools, which are comprised of its network of reporters running Telliot, its open-source reporting client, this data can be submitted by anyone and checked by everyone.
The data provided by Oracle is largely, but not exclusively, its intelligent API data services. The data is submitted in bytes, providing Oracle with interoperability and scalable flexibility. The robust and unique system is already compatible with Networks including Ethereum, Polygon, and Algorand, with the potential to join many more blockchain operations.
Team
Brenda Loya is the current CEO of Tellor and is also the projects Co-Founder. Loya’s economic background stems from her Masters in field attained from JHP University and her work as an Economic analyst in both the private and public sectors. She was also Vice President and Lead Developer at Daxia, a Washington-based Blockchain, and data science project.
Nick Fett is the CTO of Tellor, and similarly to his counterpart, he is also a former employee of Daxia. During his time with the firm, he worked on Ethereum derivatives contracts. He is also a graduate of JHP University and has an economic background working for the Bureau of Labor Statistics and the U.S. Commodity Futures Trading Commission.
Michael Zemrose is co-founder and CSO of Tellor and was also a part of the exodus at Daxia leaving his position in business development. Before Daxia, Zemrose exhibited entrepreneurial flair in the media and consulting fields before applying his skills at Tellor.
Where to store Tellor (TRB)
Trust Wallet is a multi-currency mobile wallet that enables users to simultaneously store a variety of digital assets in one place. Beginner-friendly mobile wallets may be appropriate for users looking for a convenient and accessible app with trusted security and backup options.
Similarly, a user-friendly option to keep your $TRB secure can include MetaMask, a leading browser wallet extension popular among DeFi platforms and highly praised by developers. Users can integrate with the network’s Liquidity Mining pools by connecting to their MetaMask wallet.
Where to Buy and Sell Tellor (TRB)
You can Buy & Sell Tellor (TRB) here at BC Bitcoin.
You can Buy & Sell Tellor (TRB) by heading over to the Buy Coins page of our website. Tellor (TRB) is available on BC Bitcoin, trading against major fiat currencies: GBP and EUR. Buying $TRB has never been easier, simply place your order and provide your wallet address. Once your payment arrives Tellor (TRB) will be sent directly to your wallet.
If you choose to Sell Tellor (TRB) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on our Sell Coins page.
Tellor (TRB) Resources
Website: https://tellor.io/
Block explorer: https://etherscan.io/
Twitter: https://twitter.com/WeAreTellor
Medium: https://medium.com/tellor
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers' responsibility to complete their own research and due diligence.
