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Parking in the Green Zone, Following is TRB Coin's Crypto Performance Today, February 16 2024

Liputan6.com, Jakarta Tellor is a decentralized oracle protocol. Oracles themselves are an important part of the blockchain infrastructure that updates important off-chain data. TRB Coin, the Tellor network's native cryptocurrency is used for several activities within the network.

Oracle Tellor supplies data that can be obtained, validated, and installed without the need for permission with data reporters to earn incentives from TRB Coin. Data reporters bring valuable information on-chain for various DeFi applications.

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Based on data from Coinmarketcap, Friday (16/1/2024) the price of TRB Coin is IDR 2 million with a 24-hour trading volume of around IDR 1.4 trillion.

TRB strengthened 3.78 percent in the last 24 hours. Meanwhile, Coinmarketcap's current ranking is 161 with a market capitalization of IDR 5.2 trillion. Until now there has been a circulating supply of around 1.7 million TRB out of which the maximum supply is not available.

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Founder of Tellor

Tellor was launched in 2019 by a US-based team with the aim of solving the oracle problem on the Ethereum blockchain. Tellor was founded by Brenda Loya, Nick Fett and Michael Zemrose.

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Brenda Loya is the CEO and co-founder of Tellor. Previously, Brenda worked as Vice President and Lead Developer at Daxia in the areas of blockchain, scalability, and data science. Previously he was an economist and supervisory statistician at the US Department of Labor.

Tellor's Uniqueness

Oracle Tellor works by incentivizing data reporters to enter valid data into the blockchain.

Becoming a reporter does not require a verification process. Anyone anywhere in the world can become a reporter using open source software, a unique characteristic among blockchain oracles.

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Another unique feature of the Tellor network is that data is sent in bytes which means the oracle is flexible and powerful for almost any blockchain application.

Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Liputan6.com is not responsible for profits and losses arising from investment decisions.

Parking in the Green Zone, Following is TRB Coin's Crypto Performance Today, February 16 2024

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