Tellor

About

Tellor is a decentralized oracle protocol that securely delivers off-chain data to the blockchain. Reporters stake TRB to provide data and earn inflationary rewards in return, while validators secure the network. TRB holders vote on protocol governance and settle disputes over inaccurately reported data.

Use Cases

Oracle service, data provision, smart contract verification

Technology

Categories

Source

+ Strengths

• +Decentralized oracle
• +Incentivized accurate data
• +DeFi integration

- Weaknesses

• -PoW energy consumption
• -Limited data types
• -Competitors