Exchange Tellor

trb Price Live Data

The live Tellor price today is $ 114.57 usd with a 24-hour trading volume of $37 309 778 usd. We update our TRB to usd price in real-time. Tellor is up 0.07% in the last 24 hours. The current coinmarketcap ranking is #238, with a live market cap of $293 769 832 usd. It has a circulating supply of 2 564 150 TRB coins and the max. Supply of 2 597 246 TRB coins.

What Is Tellor (trb)?

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.