What Is Tellor (TRB)?
Tellor is a decentralized oracle protocol.
Oracles are a key part of blockchain infrastructure that update valuable off-chain data, making it available for on-chain smart contracts.
Tellor’s oracle supplies data that can be requested, validated and put on-chain permissionlessly with data reporters competing for incentives of TRB. Data reporters bring valuable information on-chain for a wide range of DeFi applications.
Who Are the Founders of Tellor?
Tellor was launched in 2019 by a U.S.-based team with the aim to address the oracle problem on the Ethereum blockchain.
Tellor was founded by Brenda Loya, Nick Fett and Michael Zemrose.
Brenda Loya is the CEO and co-founder of Tellor. Previously, Brenda worked as the VP and Lead Developer at Daxia in the field of blockchain, scalability and data science. Previously she was an economist and supervisory statistician at the U.S. Department of Labor.
Nick Fett is a co-founder and CTO of Tellor. Previous to Tellor, he was the founder of Daxia, a derivatives protocol on Ethereum. Nick also has experience in economics, regulation, derivatives, and machine learning including positions at the U.S. Commodities Futures Trading Commission.
Michael Zemrose is co-founder and CSO of Tellor and previously did Business development at Daxia. He was also an entrepreneur in media and consulting for several years before joining the world of crypto.
What Makes Tellor Unique?
Tellor’s oracle works by incentivizing data reporters to put valid data on-chain while also disincentivizing bad reports via disputes and slashing. Becoming a reporter requires no verification process i.e. permissionless. Anyone anywhere in the world can be a reporter using open source software, a unique characteristic among blockchain oracles.
When oracle users request the value of an off-chain data point (e.g. BTC/USD), data reporters compete to add this value to an on-chain data-bank, accessible by all smart contracts on the networks Tellor supports (Ethereum, Polygon, Algorand, etc.) The frequency with which data can be updated is limited only by how much / how often users “tip” the feed with TRB.
TRB Price Prediction
Also unique to Tellor, data is submitted in bytes meaning the oracle is flexible and robust for nearly any blockchain application.
If you’re looking for Tellor price predictions and want to know where the prices of Tellor (TRB) will go in the future? We will analyze the past prices of Tellor (TRB) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|USD Price||$ 15.59|
|24h Volume||$ 5,302,703|
Tellor (TRB) Price Prediction
At reconshell.com we predict future Tellor price predictions/TRB forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Tellor. We do our best to collect maximum historical data for the TRB coin which include multiple parameters like past price, Tellor marketcap, Tellor volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Tellor Price Prediction 2022
Tellor price is forecast to reach a lowest possible level of $16.28 in 2022. As per our findings, the TRB price could reach a maximum possible level of $18.35 with the average forecast price of $17.06.
Tellor Price Prediction 2023
The price of Tellor is predicted to reach at a minimum value of $24.34 in 2023. The Tellor price could reach a maximum value of $29.28 with the average trading price of $25.03 throughout 2023.
TRB Price Forecast for 2024
The price of Tellor is predicted to reach at a minimum level of $36.07 in 2024. The Tellor price can reach a maximum level of $41.76 with the average price of $37.07 throughout 2024.
Tellor (TRB) Price Prediction 2025
As per the forecast price and technical analysis, In 2025 the price of Tellor is predicted to reach at a minimum level of $49.83. The TRB price can reach a maximum level of $61.84 with the average trading price of $51.31.
Tellor Price Prediction 2026
According to our deep technical analysis on past price data of TRB, In 2026 the price of Tellor is predicted to reach at a minimum level of $70.55. The TRB price can reach a maximum level of $85.46 with the average trading price of $73.12.
Tellor Price Prediction 2027
According to our deep technical analysis on past price data of TRB, In 2027 the price of Tellor is forecasted to be at around a minimum value of $103.32. The Tellor price value can reach a maximum of $124.32 with the average trading value of $106.25 in USD.
Tellor (TRB) Price Prediction 2028
As per the forecast and technical analysis, In 2028 the price of Tellor is expected to reach at a minimum price value of $146.10. The TRB price can reach a maximum price value of $180.95 with the average value of $151.41.
Tellor Price Forecast 2029
The price of 1 Tellor is expected to reach at a minimum level of $216.10 in 2029. The TRB price can reach a maximum level of $256.66 with the average price of $222.16 throughout 2029.
Tellor (TRB) Price Prediction 2030
Tellor price is forecast to reach a lowest possible level of $311.67 in 2030. As per our findings, the TRB price could reach a maximum possible level of $374.82 with the average forecast price of $322.78.
Tellor Price Prediction 2031
The price of Tellor is predicted to reach at a minimum value of $438.19 in 2031. The Tellor price could reach a maximum value of $536.34 with the average trading price of $451.10 throughout 2031.
How Is the Tellor Network Secured?
The purpose of Tellor’s native token, Tributes (TRB), is to connect and align data reporters, oracle users, and community governance.
Security is achieved through Tellor’s governance contract, which uses a simple dispute mechanism to achieve community consensus on the data being reported. The way this works is that data reporters must stake TRB in order to report data and earn rewards, but they can be disputed and slashed, with their stake given to the disputer if they submit data the network deems incorrect.
Where Can You Buy Tellor (TRB)?
If you want to buy, sell or trade Tellor (TRB), you can do so on the following exchanges:
- Huobi Global