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Tellor (TRB)

€ 29,07

-12,74 % € -3,70
24h 1w 1m 1y All

Tellor Price in Euros

(TRB to EUR)

€ 29,07

Tellor Volume

(24h)

€ 24.2 M

Market Cap

(Tellor)

€77.53 M
BTC

What is Tellor

Tellor is a decentralized oracle network that connects smart contracts on Ethereum with external off-chain databases. This allows users to obtain reliable information without the need for intermediaries.

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How does Tellor work?

Tellor runs on Ethereum and serves as an oracle network that provides off-chain data to Ethereum smart contracts. It relies on a network of staked miners who use the Proof-of-Work mechanism to confirm and validate the information.

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How to buy Tellor?

It is possible to buy TRB on Coinmerce. Select the coin, choose your payment method, and receive the TRB tokens in your wallet.

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How to buy Tellor?

Want to buy TRB? At Coinmerce, you can buy TRB with iDeal. This means you can buy TRB if you are connected to Rabobank, ING, ABN AMRO, or another Dutch bank. Once you are logged in, you can click on "Coins" in the top menu. This will take you to a page with all the cryptocurrencies that Coinmerce offers. If you don't see TRB listed, use the search function to find TRB and click on the cryptocurrency. In the right window, you can indicate how much euro you want to spend on TRB. The amount of TRB you will receive is displayed below. Have you entered the correct amount? Click on "Buy".

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About Tellor

Tellor is a decentralized oracle network that connects smart contracts on Ethereum with external off-chain data. Traditional blockchains face difficulties in using external data because the decentralized nature of the blockchain prevents the verification of the data's legitimacy. Tellor is a project that aims to solve this problem. Normally, users would have to go to a crypto exchange to view live market data for cryptocurrencies. Tellor ensures that users have all the necessary data in one place. This is achieved by moving all data through Ethereum smart contracts to the Tellor oracles. Tellor acts as a bridge that allows smart contracts to connect with off-chain databases. These databases are confirmed and validated by staked miners, creating a system where users have access to reliable information without third parties. Tellor is particularly beneficial for DeFi applications on Ethereum, as they can utilize these oracles. Users pay with the TRB token for the use of the oracles.

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Video Video
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Founder Brenda Loya
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Founder Nick Fett
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Founder Michael Zemrose
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Founder
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Founded 2019
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Website Website
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Network Ethereum
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Location USA
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Rank 408
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Market Cap 77.53 M
euro
Trading volume 24.2 M
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Maximum coins
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Circulating 2.66 M
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