A Milestone in Decentralized Oracles

[PRESS RELEASE – Washington DC, United States, August 13th, 2024]

Tellor, a leading decentralized oracle protocol, is thrilled to announce the launch of the Antietam Testnet. This is the initial public testnet deployment for their upcoming Layer 1 blockchain, Tellor Layer, developed using the Cosmos SDK and represents a major advancement in decentralized data consensus.

Introducing Tellor Layer 

Tellor Layer is a groundbreaking blockchain solution designed to achieve consensus on subjective data through a network of economically incentivized staked parties. As a Layer 1 blockchain, Tellor Layer enables users to request and validate a diverse range of data, relying on a decentralized network of validators to maintain the integrity and security of the chain. To learn more about the technical underpinnings of Tellor Layer, the team invites users to review their new whitepaper.

About the Public Testnet: Antietam Testnet

The launch of the public testnet, codenamed Antietam Testnet, represents a critical phase in the development of Tellor Layer. This initial iteration focuses on testing the fundamental functionalities of the network, including node participation, validation processes, and data reporting mechanisms. Antietam Testnet will undergo at least two iterations, each designed to stress-test the network and refine its processes in preparation for the mainnet launch.

How to Participate in the Public Testnet

The primary objective of the Antietam Testnet is to engage the public in testing the core functionalities of Tellor Layer. Participants are encouraged to set up nodes, stake as validators, report data, and bridge test TRB tokens to and from the Tellor Layer.

A detailed guide has been provided to assist participants in configuring their Tellor Layer nodes, joining the network, staking as validators, and beginning the reporting process. This guide assumes a basic familiarity with the Cosmos SDK and a comfort level with running experimental code via the command line interface. Please note that oracle data reporting is not yet available for public testing.

Tellor Setup Guide

To join the Tellor Layer public testnet, users can follow the setup guide available in the Antietam Testnet documentation. The team encourages all participants to thoroughly review the guide before beginning to ensure a seamless setup experience. User’s feedback and participation are crucial as Tellor continues to advance towards the mainnet launch.

Joining the Community

For additional support or to engage with the Tellor team, users are invited to join their Discord community and participate in the “testing layer” channel, where the team is available to assist with any questions or challenges.

About Tellor

Tellor is a decentralized oracle network that enables smart contracts on Ethereum and other blockchains to interact with off-chain data securely. Through its innovative design, Tellor brings the power of decentralized consensus to the world of data validation and reporting.