Review on Tellor by Robiul Islam
It is an on-chain data bank.
A governance in distribution systems is that a system is merely decentralized as its minimum decentralized feature. So any smart contracts or protocols that rely on oracles that demand decentralization require a authentic decentralized oracle to maintain the integrity of their system. It is building partnerships and working with commitment to use from currently deployed applications and working with these partners to ensure a smooth technological transformation. In the face of availability, it will initially encourage miners to ensure a shared and secure system.
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The team is working hard to ensure ease of use and availability.
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Pros
- A decentralized option for high value off-chain data.
- A secure, scalable, and on-demand Oracle to help smart contracts achieve their true potential.
- The market cap is below one crore.
- No ICO, which means they worked on the product without raising capital.
- The founders have worked together before.
Cons
- Current oracles are out-performer.
- Hasn't manage noticeable partnerships.
- Value may increase if the token is listed on a reputable exchange.
