Smart contracts on Ethereum are fully self contained and any information or access to off-chain data is restricted. Tellor solves this problem by creating a system where parties can request the value of an off-chain data point (e.g. ETH/USD) and miners compete to add this value to an on-chain data bank, accessible by all Ethereum smart contracts. Inputs to a data series are secured by a network of staked miners. The main Tellor smart contract creates a time series of each requested data series and aims to become the standard source of high value data for decentralized applications. This oracle, “Tellor”, utilizes similar incentive mechanisms to other cryptocurrency systems through the issuance of Tellor’s token, Tributes, that are used to request a particular data series from miners.
INT is a bottom up blockchain of things (BoT) that will be used as IoT communication standard, base application platform and DeFi ecosystem and is specifically designed for easy integration with any IoT protocol. Building a cutting edge tech infrastructure with 4000+ TPS, IPBFT consensus, zero-knowledge proofs to increase users privacy, VRF validator selection to achieve security through randomness, DeFi ecosystem, IOT connectivity and BSN developer certification. Effective tokenomics encourages community staking and voting to support community activities. INT Foundation is supported by an experienced team that has a history of working with tech giants in Asia.