Hedera network. It is a high speed oracle that features fast, secure, and transparent data delivery to smart contracts"
The Swisscoast team forks Tellor on the Hedera Network.
2/ "The HTellor system is a decentralized oracle that allows parties to request values of off-chain data points, such as HBAR/USD. Reporters compete in order to add this value to on-chain data feeds and these data feeds can be accessed by all Hedera Smart Contracts"
3/ "The main objective of HTellor is to become a trustless and decentralized alternative provider for off-chain data. In order to achieve this goal, the project incentivizes miners/reporters by HTellor token ($HTRB) for providing accurate data"
4/ "Reporters/Miners: Stake HTRB & compete to provide accurate data. Receive HTRB for reliable data
Consumers: Smart Contracts and Applications use HTellor's data and pay with HTellor tips
Dispute resolvers: Resolving disputes in data accuracy challenging using HTRB
Voters: Building up reputation"
5/ "ROADMAP
2023 SEP: Preparation
2023 NOV: Fundraise and Fork
2023 DEC: Testing
2024 JAN: Go Live"
6/ "Genesis 3M Tokens (60 Miners)
T>0 Tokens minted to reporters:
✅ 20,000/week in first 50 weeks
✅ 10,000/week in week 51-100
✅ 5,000/week in week 101-200
Total 5M Tokens after ~4Y
Both reporters and challengers need 50,000 tokens"
7/ "Buy In
✅ 50,000 TOKENS 5,000 $
✅ 100,000 TOKENS 8,500$
✅ 200,000 TOKENS 15,000 $
50% of the money raised will be used to pool the tokens on #DeFi with a price of 0.2$"
8/ "Users submit a query to HTellor using HTRB to incentivize miners for their submissions. Other users can pay or tip this data series if they need further information. Every 2 secs, HTellor’s Smart Contract selects the best-funded queries and provides a new challenge for miners to solve"
9/ "Miners submit their PoW solution for off-chain data points to the HTellor SC. After 7 values are received, the official value is selected/saved on-chain. Payouts are allocated to miners after the selecting process. HTRB holders dispute the validity of the data over 7 x 2sec = 14sec"
10/ "If any parties have the opportunity to dispute the result of the vote by paying a higher dispute fee, the voting period will be doubled until there are no more disputes. If the value is false, miners will lose their stake. If it is correct challenger will lose their stake"
11/ "Toni Caradonna is a DLT OG experimenting with mining bitcoin on Xbox in 2013. He was the first to create a private digital Swiss Franc on blockchain and he wrote the first smart contract for United Nations"
12/ "Roman Eyholzer is a graduate of Oxford University's blockchain program. He rolled out Nature Collectibles, an NFTC platform to support nature conservation on a global level. He is Founding Member of the Swiss Blockchain Federation and member of IUCN WCPA"
13/ "Dr. iur Andreas Gmunder is an Attorney-at-Law for International Monetary and Financial Market Law with admissions to the bar in Switz and Germany. His focus is on regulatory aspects and respective developments in the Blockchain and Digital Asset space in Switz and internationally"
14/ "Reto Habegger is a Web3 Project Manager with 14 years of experience and a strong background in blockchain technology. He is pursuing a Master of Science in Blockchain and Digital Currency from the University of Nicosia and holds a CAS in Blockchain from FFHS Switzerland"
15/ To learn more and engage with the project:
https://x.com/danyeid_/status/1726254127293096195?s=46
When availableto buy?
Competition with chainlink it seems! Is it?
Not necessarily competition. Different propositions. There are diverse oracle solutions out there. Enterprise-oriented Axiom is the latest on Hedera. Htellor would be an interesting addition.
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