#593. Tellor (TRB)
Price of 1 Tellor (TRB) = $15.48 AUD
Smart contracts on Ethereum are fully self contained and any information or access to off-chain data is restricted. Tellor solves this problem by creating a system where parties can request the value of an off-chain data point (e.g. ETH/USD) and miners compete to add this value to an on-chain data bank, accessible by all Ethereum smart contracts. Inputs to a data series are secured by a network of staked miners. The main Tellor smart contract creates a time series of each requested data series and aims to become the standard source of high value data for decentralized applications. This oracle, “Tellor”, utilizes similar incentive mechanisms to other cryptocurrency systems through the issuance of Tellor’s token, Tributes, that are used to request a particular data series from miners.
TRB Price Analysis
The price of TRB has gone down -2.41% in the past 24 hours.
Tellor (TRB) is a cryptocurrency token and operates on the Ethereum platform. Users are able to generate TRB through the process of mining. Tellor has a current supply of 1,569,399.375 with 1,480,413.163 in circulation. The last known price of Tellor is $21.41 USD and is down -2.90% over the last 24 hours. It is currently trading on 59 active market(s) with $30,815,981.162 traded over the last 24 hours. More information can be found at https://tellor.io/.
Information & prices last updated 3 minutes ago. For latest Tellor prices and information visit coinmarketcap.com
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