[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 116 KB, 861x877, 160746736783809128 (4).jpg [View same] [iqdb] [saucenao] [google]
24708569 No.24708569 [Reply] [Original]

Zoracles’s mission is to solve the oracle problem by providing private/confidential DeFi data to smart contracts.

https://etherscan.io/token/0xD8E3FB3b08eBA982F2754988d70D57eDc0055ae6

https://info.uniswap.org/token/0xD8E3FB3b08eBA982F2754988d70D57eDc0055ae

Zoracles targets
>confidential credit checks
>derivatives
>enhanced price feeds

Tokenomics
>marketcap: $3.8m
>total supply: 10,000 ZORA
>circulating Supply: 5,500 ZORA
>anon team and privacy based
>governance + more token
>there was an allocation for early supporters, developers, strategic partners, advisors, and others. Each allocation depended on the individual or group and what they brought to Zoracles.
>liquidity locked
>team lock coming in a few weeks with the 2.5 upgrade
>governance is built and ready to go

PR
>https://www.youtube.com/watch?v=Gr53odt3EXo
>https://v2.unicrypt.network/pair/0x18112DA8f2D6576926fCfb4D2c511Fe9C6F8b2B5
>medium.com/@deusfinance/oracle-partnership-of-zoracles-and-deus-finance-48790082434a
>bloomberg.com/press-releases/2020-11-23/zoracles-launches-snarks-as-a-service-for-confidential-credit-checks
>news.yahoo.com/zoracles-develops-next-generation-oracle-093003499.html
>newsbtc.com/press-releases/zoracles-transforming-defi-oracle-data-with-zero-knowledge-proofs

Links
>https://zoracles.com
>https://zoracles.com/whitepaper.pdf
>https://zoracles.com/position.pdf
>https://zoracles.medium.com/zora-2-0-upgradeable-token-401c651b96cc
>https://medium.com/@zoracles/zoracles-protocol-5717afa443c5
>https://github.com/zoracles
>https://zoracles.medium.com/
>twitter - z0racles
>discord - cwJtkga
>telegram - zoracles

>> No.24708623

>>24708569
API3> Zora
Aergo> ICX
RFI> all other shitcoins
$Share> all other rebase projects

>> No.24708653

>>24708623
API3 uses ZKPs and privacy?

>> No.24709048

>>24708569
>Unfortunately [existing solutions] do not offer privacy guarantees to secure the flow of information from data sources.
>The foundation of any reputable oracle network is its data ... Zoracles proposes using a VRF ... to randomize the API endpoints to significantly enhance the security against price manipulation ...
Yet another project that API3 makes useless by getting API providers themselves to operate oracles and doing away with middlemen. You only need all this privacy moonmath if you're using third-aprty oracles you don't trust.

>> No.24710504

>>24709048
kek. you have absolutely no idea what you're even talking about anon. we're talking about private data....which isn't possible without zkSnarks. absolutely everything is publically visible on teh ether network otherwise. so if you are pulling in sensitive data, via API3...this is not shielded in any way.

>> No.24710516
File: 98 KB, 860x840, 160746736783809128 (5).jpg [View same] [iqdb] [saucenao] [google]
24710516

>>24709048
lmao wrong

>> No.24710613

its amazing to me that biz isn't balls deep in zora desu. it's an incredibly ambitious project that checks all the right boxes. it's going to have an incredible run this year and biz is going to miss out because of retards like the guy above who thinks...
>You only need all this privacy moonmath if you're using third-aprty oracles you don't trust.
kek.

>> No.24710621

>>24710504
The whitepaper doesn't talk about strictly private data.
>Various oracle solutions have been deployed to facilitate connections between exchange data and smart contracts.
Price data isn't "private" data.

>> No.24711086
File: 10 KB, 287x81, Screenshot 2020-12-08 at 2.59.37 PM.png [View same] [iqdb] [saucenao] [google]
24711086

What is this about confidential credit checks?

>> No.24711451

>>24711086
That's a fine application of zoracles. My previous comments were referring to the fact that it's unnecessary in a lot of more standard use cases.