Cryptocurrency Q&A
What is a TRB coin used for?
What is a TRB coin used for?
KimonoGlitter
Sat Oct 26 2024
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6 answers
904
I'm wondering about the purpose of the TRB coin. I want to know what it's used for and what kind of transactions or activities it's involved in.
6 answers
Lorenzo
Mon Oct 28 2024
It is categorized as an ERC-20 token, meaning it is built on the Ethereum blockchain.
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alexander_watson_astronaut
Mon Oct 28 2024
TRB, which stands for Tributes, serves as the utility token within the Tellor system.
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Starlight
Sun Oct 27 2024
This system encourages miners to provide correct and timely information, ensuring the reliability of the Tellor network.
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Raffaele
Sun Oct 27 2024
This token plays a crucial role in the incentivization system of the Tellor network.
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SeoulStyle
Sun Oct 27 2024
Miners within the network stake TRB as a means to participate in the process of answering queries.
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