Review on Tellor by Murat Mircalı
Review on Tellor
Perhaps the interesting thing about the modern world is that change and innovation is so fast. From light bulbs to cars, from washing machines to telephones, about 30 years ago, a suitable ground was prepared for the internet.
Everything started 30 years ago, in fact, now, with the invention of the internet, the world of blockchain is developing everyday. One of these blockchains is Tellor.
Tellor provides a decentralized Oracle service built to bring maximum value off chain information to logical contracts. It is a coin released from the Ethereum network. Tellor is a DeFi project. DeFi means this; Decentralized Finance. Decentralized Finance means "Decentralized Finance". It is a great digital asset that runs the platform that allows to connect blockchain technology to the real world. Tellor unites asset owners, validators and information providers in a single rooftop blockchain to deliver the most accurate information to the real world.
When I check the reaction of customers on the Tellor project, it is said that the project has a solid infrastructure and everyone is satisfied. They have a solid security system. I have not encountered a user with a security problem. I don't think there will be a security problem because the project owners are very sensitive about this. Customer service is very relevant, I say from my own experience.
TRB Coin (Tributes) is a token that supports and powers the Tellor Oracle network. TRB coin directs users to provide data because it keeps oracles alive and enables dapp work to request on-chain information.
Tributes coin has a lot of uses in exchanges. Users can apply to TRB to request a few data they need.
Second, all miners have to deposit TRB coins into the Tellor contract to be competitive and to start mining. Because, when a user sends a bad piece of information, it provides the opportunity to appeal and then stop these unfair actions.
Finally, as can be expected, TRB is used to vote in the system.
You can buy the TRB coin, one of the most popular crypto coins of recent times, with Binance, the world's largest crypto currency exchange in terms of transaction volume.
Pros
- (TRB) offers a large number of events on social media and also has extensive information on 5 social networks where you can quickly find news about Tellor (TRB).
- (TRB), we know there is a high stock market value in the market
- A decentralized option for high value off-chain data.
- Token as a solution for miners and troubleshooting.
Cons
- The coin is not listed on a reputable exchange, if it is listed, its value may increase.
