What crypto is trb?

TRB, the utility token of the Tellor system, is commonly referred to as Tributes. It operates as an ERC-20 token, built upon the robust Ethereum blockchain network. This integration ensures TRB's interoperability within the vast Ethereum ecosystem, fostering seamless transactions and interactions.

Within the Tellor system, TRB plays a pivotal role in the incentivization mechanism. Miners are encouraged to participate in the network's operations by staking TRB, a process that secures the network and promotes its decentralization. By dedicating TRB, miners demonstrate their commitment to the system's well-being.

As a reward for their efforts, miners are granted TRB in the form of "tips" for accurately answering queries. This innovative approach incentivizes miners to provide high-quality data, ensuring the accuracy and reliability of the information disseminated through the Tellor system.

The Tellor system's reliance on TRB not only fosters a robust and secure network but also drives engagement and participation from the community. By offering tangible rewards in the form of TRB, the system encourages ongoing contributions and fosters a vibrant ecosystem.

BTCC, a leading cryptocurrency exchange, offers a diverse range of services tailored to meet the needs of its users. Among its offerings, BTCC provides access to TRB trading, allowing individuals to buy, sell, and trade TRB seamlessly. This integration underscores BTCC's commitment to supporting emerging and innovative projects within the cryptocurrency space.