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$35.56

  -2.25%

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What is Tellor?

Tellor (TRB) is a decentralised oracle network consisting of a community of token holders, data providers and validators. These participants work together to secure real world data on the blockchain.

  • The network is run by Proof-of-Work (PoW) miners that compete to fetch data and place it on the blockchain for smart contracts.
  • Miners are required to pay a deposit of TRB before they can compete and start mining. If a bad piece of data is submitted, the community can dispute it and slash a miner's stake for being malicious.
  • Tellor Tributes (TRB) are the native token of the Tellor network. These are used to incentivise miners to provide data through base rewards and tips via user requests. They also used for governance purposes such as handling disputes or proposals.

The Tellor team are excited to use their platform to create positive change. They believe that through their technology framework, applications can be created that cannot be stopped or censored by any bureaucracy, whilst allowing users to achieve sovereignty over their data.

How do I buy Tellor?

1.
Deposit funds into your account.
2.
Enter the amount of Tellor (or Australian Dollar equivalent) that you would like to buy.
3.
Click ‘Buy' to confirm your Tellor purchase and your Tellor will arrive in your CoinSpot wallet within minutes.
Don't have an account? Click here.