Tellor (TRB) Price Prediction 2023-2030: Will TRB Price Hit $65 Soon?
- Bullish Tellor (TRB) price prediction ranges from $40 to $70.
- Analysis suggests that the TRB price might reach above $64.
- The TRB bearish market price prediction for 2023 is $9.
What is Tellor (TRB)?
Tellor is a transparent and permissionless Oracle protocol designed for smart contract to easily receive any data whenever it needs it. Tellor’s oracle works on the basis of rewarding or incentivizing data reporters to put valid data on-chain while also disincentivizing bad reports via disputes and slashing.
The protocol incentivizes an open, permissionless network of data reporting and data validation, ensuring that data can be provided by anyone and checked by everyone. Becoming a reporter requires no verification process which means it is permissionless. Anyone from anywhere in the world has the opportunity to be a reporter using open-source software, a unique characteristic among blockchain oracles.
For instance when an Oracle user asks the value of an off-chain data point (e.g. ETH/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, et…
The post Tellor (TRB) Price Prediction 2023-2030: Will TRB Price Hit $65 Soon? appeared first on Coin Edition.
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Tellor (TRB) Price Prediction 2023-2030: Will TRB Price Hit $65 Soon?
- Bullish Tellor (TRB) price prediction ranges from $40 to $70.
- Analysis suggests that the TRB price might reach above $64.
- The TRB bearish market price prediction for 2023 is $9.
What is Tellor (TRB)?
Tellor is a transparent and permissionless Oracle protocol designed for smart contract to easily receive any data whenever it needs it. Tellor’s oracle works on the basis of rewarding or incentivizing data reporters to put valid data on-chain while also disincentivizing bad reports via disputes and slashing.
The protocol incentivizes an open, permissionless network of data reporting and data validation, ensuring that data can be provided by anyone and checked by everyone. Becoming a reporter requires no verification process which means it is permissionless. Anyone from anywhere in the world has the opportunity to be a reporter using open-source software, a unique characteristic among blockchain oracles.
For instance when an Oracle user asks the value of an off-chain data point (e.g. ETH/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, et…
The post Tellor (TRB) Price Prediction 2023-2030: Will TRB Price Hit $65 Soon? appeared first on Coin Edition.
Read More
Ethereum (ETH) Price Prediction for July 28, 2025: ETH Blasts Past $3,900 As Bulls Eye $4,089 Liquidity Zone