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Tellor Is Now Part Of The Algorand Ecosystem

Twitter icon  •  Published 3 years ago on July 20, 2022  •  Hassan Maishera

The Algorand team announced via a blog post on Tuesday that Tellor has joined the Algorand ecosystem.

Tellor Is Now Part Of The Algorand Ecosystem

The Algorand team announced via a  blog post on Tuesday that Tellor has joined the Algorand ecosystem. Tellor has received a grant o implement the Tellor Oracle protocol on the Algorand network.

Algorand Foundation added that Tellor on Algorand is a secure, decentralized, and easy-to-use re-implementation of Tellor on Ethereum for the Algorand network.

Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products.” As such, Algorand ensures "full participation, protection and speed within a truly decentralized network." ALGO is trading at $0.3755 at press time, up by more than 6% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.