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Tellor Tributes (TRB) is a decentralized oracle protocol that enables smart contracts to access data transparently and permissionless. The protocol incentivizes a network of data reporters who provide data and validators who ensure its accuracy. This ensures that data can be sourced from anyone and verified by the entire network.
With Tellor Tributes, smart contracts can easily retrieve data from external sources such as APIs. The protocol supports various data types, including market data, making it versatile for different use cases. The protocol is powered by the Telliot reporting client, an open-source software operated by reporters who contribute to the network’s data feed.
Tellor Tributes focuses on customization, allowing developers to create unique data queries and leverage the benefits of decentralized governance. The protocol enables gasless governance, decentralized cross-chain communication, and on-chain API calls. As a result, smart contracts can have reliable and secure access to off-chain data, expanding their functionality and use cases.
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