What is Tellor (TRB)?

Tellor (TRB) is a cryptocurrency that operates on multiple blockchain networks, including Ethereum, Gnosis Chain, Polygon, Optimism, and Arbitrum.

How does Tellor work?

Tellor is a Layer 1 blockchain that achieves consensus on subjective data. Users can generate TRB tokens through mining, and validators maintain the network's integrity by validating transactions.

What are the technical characteristics of Tellor?

Tellor is an open-source project that allows users to participate in its network by bridging and staking TRB (ERC20).

What are the risks associated with transferring Tellor?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and understand that transfers may be irreversible.

Where can I find official resources for Tellor?

Official resources for Tellor can be found on their website at https://tellor.io/ and their documentation at https://docs.tellor.io.

Tellor (TRB)

Rank #345

Market snapshot

Price: $18.75
Market cap: $52.6M
24h volume: $15.2M
Circulating supply: 2,806,592
Total supply: 2,886,419
Max supply: N/A

What is Tellor?

Tellor is a Layer 1 blockchain designed to achieve consensus on subjective data. Users can generate TRB tokens through the mining process. This blockchain serves as a custom oracle chain, facilitating the verification and aggregation of data reported by validators.

How Tellor works

In the Tellor network, validators play a key role by validating transactions and maintaining the blockchain. They propose new blocks and ensure that all committed transactions are included. The data reported by validators is aggregated and verified through on-chain consensus, contributing to the overall integrity of the network.

Key information

Symbol: TRB
CMC rank: #345
Network / platforms: Arbitrum, Ethereum, Gnosis Chain, Optimism
Categories: Mineable
Date added: Nov 19, 2019

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Arbitrum
0xd58D345Fd9c82262E087d2D0607624B410D88242
Ethereum
0x88dF592F8eb5D7Bd38bFeF7dEb0fBc02cf3778a0
Gnosis Chain
0xaad66432d27737ecf6ed183160adc5ef36ab99f2

Key characteristics

Tellor is an open-source project that allows anyone to participate in its network. Users must bridge and stake TRB (ERC20) to engage in the ecosystem. The network operates without barriers to participation, enabling a wide range of users to contribute.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Tellor (TRB)?: Tellor (TRB) is a cryptocurrency that operates on multiple blockchain networks, including Ethereum, Gnosis Chain, Polygon, Optimism, and Arbitrum.
How does Tellor work?: Tellor is a Layer 1 blockchain that achieves consensus on subjective data. Users can generate TRB tokens through mining, and validators maintain the network's integrity by validating transactions.
What are the technical characteristics of Tellor?: Tellor is an open-source project that allows users to participate in its network by bridging and staking TRB (ERC20).
What are the risks associated with transferring Tellor?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and understand that transfers may be irreversible.
Where can I find official resources for Tellor?: Official resources for Tellor can be found on their website at https://tellor.io/ and their documentation at https://docs.tellor.io.

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