The code assessment by Tellor will focus on verifying its security framework and reliability.

Decentralized oracle protocol Tellor Tellor announced its plans to conduct an in-depth audit of the Tellor Layer blockchain, focusing on bolstering the security and reliability of its system. This process aims to evolve it from an Ethereum-based framework to a standalone oracle-centric Layer 1 network.

During the upcoming security assessment, experts will meticulously analyze Tellor's coding to pinpoint and rectify any vulnerabilities, ensuring that the system operates as intended while maintaining strict security protocols.

To ensure a thorough review, Tellor has partnered with Zellic, a known security firm specializing in blockchain and smart contract audits. Zellic's track record includes previous audits of major projects like Solana and Berachain, bringing a wealth of experience to the process. LayerZero The project's emphasis on security and protocol stability is evident, having already undergone multiple auditing phases by a cryptocurrency auditing firm that reviewed three key aspects: Tellor Core, Tellor V2, and TellorX. CertiK, the auditing entity, confirmed that no critical security flaws were detected in any of these segments.

Tellor operates as a decentralized oracle protocol designed to seamlessly relay data to smart contracts. It functions on a permissionless network, which allows extensive contributions from users in both data reporting and validation. It accommodates a variety of data types, including market-related information, facilitated by reporters utilizing the Telliot client. CertiK Moreover, Tellor aspires to revolutionize the way data is generated, verified, and protected within decentralized ecosystems. By offering a resilient, versatile, and expandable oracle infrastructure, it caters to diverse data needs across various blockchains, enabling developers to construct applications on a solid foundation backed by reliable information. To achieve this, Tellor employs cometBFT consensus, new oracle frameworks, and trustless light client bridges to ensure smooth data integration and validation.

What Is Tellor? 

Recently, Tellor introduced Architectural Decision Records (ADRs), which provide a comprehensive account of the critical technical decisions that shape the development of Tellor as a decentralized protocol. The implementation of ADRs throughout the Tellor Layer's development helps maintain a cohesive and logical architectural strategy.

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