2019 Year-In-Review – Tellor – Medium
In June, we announced the completion of our final audit with the great team at Certik. The runway was clear for takeoff! Time to prep for mainnet launch.
July was a month spent on testnet doing our best to make sure everything wouldn’t just break once we launched but the REAL test is mainnet. So without further ado we crossed a few t’s and dotted a few i’s and launched to mainnet on August 1st.
Since Tellor uses a decentralized network of miners to submit price data on-chain, miners are foundational to our oracle. Due to this, our launch activity was heavily focused on the mining network: managing the influx of miners, building a mining community, running a literal helpdesk to help with setup and troubleshooting, all the while debugging and iterating on the mining software.
Sep — Dec
The last quarter of the year was all about real organic growth. In this time period we saw our initial miner community reach over 100 miners, we reached #7 on the Eth Gas Station charts, got our first exchange listings, on IDEX, Radar Relay, and Eterbase, had our social communities grow over 2000 members, and key influencers are taking notice, like Blockchain Brad, who reached out to us for an interview in December.
We travelled across the globe to represent ourselves proudly at Devcon 5 in Japan. There we learned we’d be receiving grant funding and mentorship from Consensys Grants, and established several key relationships with other projects. Once, home we began what we are calling the Alliance of Decentralized Oracles (ADO), a group of oracles and oracle users we are bringing together to lead the standardization of on-chain oracle data. After several meetings the ADO have posted our EIP for a standard interface for pull oracles for pricing/numeric data, this will help enable different oracle implementations to be interchangeable and lead to increased security for customers.
We are proud of how the community has grown with a strong foundation of members who really care about the values of decentralization and we are happy they’ve deemed us one of “the few good projects” out there.
In just a short few months time have gone from idea to mainnet and everything in between. This week has a been a great time for Tellor to reflect on all we’ve accomplished, even if just for a fleeting moment or two, before we inevitably place our noses right back to the grindstone to make 2020 the year of the unstoppable apps, the year of decentralized oracles.
Published at Fri, 27 Dec 2019 18:45:40 +0000
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