From Company to DAO to Protocol, What Will be Next for Tellor?by@oraclesummit
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From Company to DAO to Protocol, What Will be Next for Tellor?

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Tellor’s CTO, Nicholas Fett, gives us an overview of his work building a decentralised oracle network. Tellor is made up of a permissionless community of data providers, validators, and token holders. It makes use of crypto-economic incentives to secure the process of moving any type of data on-chain. Derivatives are financial assets that derive their value from a chosen assets’ performance. They are especially important because of the lack of interoperability between blockchains. For instance, Bitcoin is written in a different programming language than that of the. that of. the. Ethereum blockchain. This means that. Ethereum smart contracts cannot be used on Bitcoin and vice versa.

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