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.