Tellor (TRB) Price
Historical Tellor price chart and current Tellor price.
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What is Tellor?
Tellor is an oracle system where developers can request the value of an off-chain, real world data point and miners compete to add this value to an on-chain data-bank. This data is then made accessible to all Ethereum smart contracts which can settle automatically according to the data provided. The inputs to this data-bank are secured by a network of staked miners. Tellor utilizes crypto-economic incentive mechanisms, rewarding honest data submissions by miners and punishing bad actors through the Tellor token Tributes (TRB), and a dispute mechanism.
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