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16762617 No.16762617 [Reply] [Original]

Chainlink does not have a decentralized product on mainnet, so our tech is different. We have a decentralized product on mainnet, now. We took a very pragmatic approach to the oracle problem. We are similar to Chainlink in that we are trying to tackle the same problem and we both agree that data is a necessity for defi to continue to expand. We admire their ambitious goals for decentralization but instantaneous queries of all types of data is still a ways away, since many other computer science problems need to be solved to make that possible. We developed Tellor using technology that we already know works for decentralization. Staking and proof of work. However, we built it in a way that is upgradable and once the technology gets there we will also be ready to update our system.

I’d say our biggest competitive advantage is that we are a well-prepared team with experience delivering products. We went from design to mainnet in 1 year. We have made our smart contracts upgradeable and we plan to continue to upgrade and improve upon as scalability research is completed and tested. Us and the entire ecosystem is continuing scalability research we usually publish articles here, if you want to keep track: https://medium.com/@tellor
Brenda

>> No.16762630

>>16762617
$1000 eoy

>> No.16762642

>>16762617
buy mobius sirs

>> No.16762671

this year will be a rude awakening for some linkies

>> No.16763277
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16763277

this baby is yet to cap 2m.
You can buy Idex and etherbase .
Link 600 m cap. think how big this is gonna be .
Tellor reaches 62m cap if Link seizes 10% of the market !
that's enough to make 31 x .
Our investors are Binance, Marker and Consensys

>> No.16763287

>>16762617
Cringe

>> No.16763294
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16763294

>>16762617
Your fud is weak and has probably never had an erection.

>> No.16763371
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16763371

>>16763294
no fud, you idiot .
today a AMA was done and sweet Brenda said them

>> No.16763478

>>16763371
This is from last year faggot. What has tellor done since? It's the 0xbitcoin of oracles.

>> No.16763529

>>16763294
>muh pretty lines
>still 0 adoption

>> No.16763543

>>16763478
>It's the 0xbitcoin of oracles.
what do you think you mean by this?

>> No.16763574
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16763574

>>16763478
I don't even know what you're talking about . You're a loser, and I don't want you to buy Tellor.

>> No.16763710

0xbtc makes this irrelevant

>> No.16763870

While Tellor provides some useful FUD now, the brutal outflanking of them earlier this year by Sergey is one of the more telling signs of how he operates. Also note also how one his few retweets of the past year was when Oraclize were forced to integrate into Chainlink.

>How does Tellor solve this problem?

>Tellor set out to solve the oracle problem in a specific context: a lack of secure and decentralized price feeds for DeFi applications. Tellor aims to enable the growth of the DeFi industry by providing a secure source of for high quality pricing data. The Tellor Oracle is an on-chain data bank where miners compete to add the data points. To create a properly incentivized system Tellor mints a native token, “Tributes.” Parties pay Tellor Tributes to submit a request for data to the Oracle. Based upon the reward assigned to each request, the Oracle selects the best funded query every ten minutes to create a challenge for miners to solve. Each query collects specific data (e.g. ETH/USD or BTC/USD prices) and makes it available on-chain. Proof-of-work has proven to be the gold standard for crypto economic consensus mechanisms and Tellor utilizes it within a hybrid model to secure the oracle. In addition to the security provided by the PoW process, we have added an additional layer of security through the deposit of Tributes which miners are required to stake before they are allowed to mine and risk losing their stake if their submitted values are successfully challenged.

https://tellor.io/faq/

>> No.16763883

>>16763294
>stinker obsessed with muh dick
are you stinkers niggers, or kikes?

>> No.16763887

>>16763371
BEND THE KNEE.

>> No.16763892

>>16763870

How does Tellor solve this problem?

Tellor set out to solve the oracle problem in a specific context: a lack of secure and decentralized price feeds for DeFi applications. Tellor aims to enable the growth of the DeFi industry by providing a secure source of for high quality pricing data. The Tellor Oracle is an on-chain data bank where miners compete to add the data points. To create a properly incentivized system Tellor mints a native token, “Tributes.” Parties pay Tellor Tributes to submit a request for data to the Oracle. Based upon the reward assigned to each request, the Oracle selects the best funded query every ten minutes to create a challenge for miners to solve. Each query collects specific data (e.g. ETH/USD or BTC/USD prices) and makes it available on-chain. Proof-of-work has proven to be the gold standard for crypto economic consensus mechanisms and Tellor utilizes it within a hybrid model to secure the oracle. In addition to the security provided by the PoW process, we have added an additional layer of security through the deposit of Tributes which miners are required to stake before they are allowed to mine and risk losing their stake if their submitted values are successfully challenged.
How do you differ from the competition?

Our competitors are aiming to allow any smart contract to query almost any piece of off-chain data. We’ve narrowed our aim at allowing for our smart contract to query price data every ten minutes. It’s a subtle difference, but it allows us to make some stronger assumptions about security and will hopefully allow us to launch and be truly decentralized a bit faster than them. To summarize, we focus more on putting higher value pieces on chain with more measurable security qualities. How we plan to do it is by utilizing proof-of-work and staked miners to get off-chain information onto Ethereum.

>> No.16763944

>>16762617
>our smart contracts upgradeable and we plan to continue to upgrade and improve
>to continue to upgrade and improve
So basically you have jack shit.
>>16763870
Key words:
to solve
to enable
to create
has proven
to secure
our aim
Test failed. Into trash...

>> No.16763948
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16763948

>>16762617
>link is dead
mfw

>> No.16764090

Tellor 100mil Mkt cap 2020.

>> No.16764117
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16764117

we're talking business here .
stop obsessing, you idiots . make money, stop feeding Sergey and look after yourself !

>> No.16764143

>>16763887
Chainlink has zero users. No one has ever "bent the knee".

Proof:
>1+ year test net
>6 months main net
>nobody can name a single dapp with users using Chainlink oracles in production
>(with proof link to dapp.com/dappradar/etherscan)
>Linkers: this is bullish!

>> No.16764215

Rumour has it binance listing will b q1. Highly likely as they invested in tellor and will want it to succeed

>> No.16764249

>>16762617
>Brenda

Dropped

>> No.16764900
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16764900

>>16764215
I think the rumor is true.