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.

More information on securing the network and theoretical cost of an attack can be found #TRB #TRB $10K 🚀🚀🚀