Tellor Tributes Price
TRB
How Much is 1 Tellor Tributes (TRB)
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Last Updated on Dec 25, 2025 01:22 PM
What is Tellor Tributes?
About the coin
Tellor is an innovative oracle system designed to bridge the gap between Ethereum smart contracts and off-chain data. Smart contracts on Ethereum are inherently self-contained, meaning they cannot directly access external data. Tellor addresses this limitation by enabling parties to request the value of off-chain data points, such as the ETH/USD exchange rate. This data is then added to an on-chain data bank by competing miners, making it accessible to all Ethereum smart contracts.
Main features
The core feature of Tellor is its ability to provide a decentralized and secure method for Ethereum smart contracts to access off-chain data. This is achieved through a network of staked miners who compete to provide accurate data inputs. The system is designed to create a time series of each requested data series, aiming to become the standard source of high-value data for decentralized applications.
How it works
Tellor operates by utilizing a network of miners who are incentivized to provide accurate data through the issuance of Tellor's native token, Tributes. These tokens are used to request specific data series from the miners. The main Tellor smart contract manages the data requests and ensures that the data provided is reliable and secure. By leveraging similar incentive mechanisms found in other cryptocurrency systems, Tellor ensures that the data inputs are trustworthy and valuable for decentralized applications.
Wallet for Tellor Tributes
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Tangem supports networks for Tellor Tributes
- Ethereum
- Polygon Pos
- Arbitrum One
- Manta Pacific
- Optimism
- Gnosis Chain
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Tellor Tributes FAQ
- Tellor Tributes is a digital currency powered by blockchain technology. It allows users to send value, access decentralized tools, and participate in the project’s ecosystem.
- Tellor Tributes offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- They refer to the same cryptocurrency. TRB is the abbreviated code used in trading platforms.
- You can buy Tellor Tributes using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- Use a cold storage solution to protect Tellor Tributes from online threats. Tangem keeps your keys isolated in a secure offline chip.
- Tellor is a blockchain-based decentralized oracle network thatconnects smart contracts on Ethereum to external data. It is secure, transparent, and designed for Ethereum decentralized applications with a focus on decentralized finance.
- About TellorOracles are a key part of blockchain infrastructure that update valuable real-world data, making it available for on-chain smart contracts. TRB (a.k.a. “Tributes”) isan Ethereum token that powers the Tellor network and incentivizes honest reporting of external data.
How to secure Tellor Tributes with Tangem Wallet?
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