I mean, your idea was cute and all for the time being, but didn't it ever occur to you that the enormous cost will hinder the scalability in the long run?
ZORA already has the problem covered though since coming out with decentralized confidential oracles that are FREE to use.
"Zoracles was developed to solve the oracle problem using zero-knowledge proofs. Our solution provides confidential data to smart contracts. Our mission is to offer highest level of anonymity for smart contract transactions. This will bring new opportunities for enterprises to build on ethereum (DEFI)". "Open Oracle architecture allows for dApp developers to select trusted data sources to feed information into their applications. Using the features of HTTPS, Zoracles will be able to provide a framework where data sources can eventually sign the data they provide to further ensure high quality information. This framework will provide a level of decentralization in acquiring data. Unlike Band or Chainlink, where nodes provide redundant data at a high cost, Zoracles data feeds will be free".
Roadmap: Q4 2020: ZKP system deployment Q1 2021: Partnership integration with ZKP + Open Oracle Q2 2021: Custom ZKPs arithmetic circuits developed
minimum 1 ZORA to get a board seat and have a voting power it's going to $100M whether you like it or not, better keep eyes open I just DMd the main guy in discord
Adam Cruz
How many X do you expect from it?
Evan Reed
The supply in only 100. And price is kinda high, why the secs made such a small supply?
Matthew Jackson
minimum 100x within 1-2 years. it will easily overtake Tellor's spot. Might take some extra time to overthrow band, but it will.
Luke Hernandez
What price
Christian Smith
governance presumably, since token not needed
Parker Roberts
it's a governance token so everyone who has at least 1 ZORA can participate in strategic decisions. In the future when projects want priority over other projects, they will have to buy more ZORA from the market to get a higher voting power.
Cooper Torres
The purpose of Link tokens is to incentivize good behavior among the nodes and penalize them if they act maliciously (i.e. staking).
What's their answer to Verifiable Randomness Function and Arbitrum? What blockchains are they compatible with?
Ryder Bell
>incentives good behavior >data is too expensive as a result to be worth using long term
long term what matters is cost-effectiveness and 'high enough' reliability
Eli Peterson
‘high enough’ is sufficient only for low value transactions
Carson Morris
the threshold it dependant on the need of the service users, which zoracles will customize accordingly
Matthew Rivera
It’ll make me hilariously rich! Not sure if I got strong hands though
John Price
How much for 1 ZORA? Or 0.1?
Levi Morgan
patience is key, building complex zkps takes time, but is necessary for enterprise level security
not sure, try asking from their discord
Henry Green
How much did you get for what price?
Isaiah Collins
>ZORACLES >DORACLES >LINKCLERS I thought this was a serious crypto problem guys what's with these oofy names
Tbh the link doesn’t really hit as hard when the entire market is crashing at the same rate.
Good effort though.
Adam Scott
Link FUD* goddammit.
>closes thread and never returns.
Jackson Jackson
>this kills the linkcuck
this is what you get for buying link
Carson Mitchell
I demand 1 Zora minimum user
Benjamin Ortiz
I'm surprised it took a week to put together an elevator pitch that poaches DECO's proposition without offering code or whitepapers or any of that crazy shit. Hard week at the sweatshop?
Carter Diaz
except the github is open and the idea was out there before anyone even knew about DECO
github.com/zoracles
Henry Young
>where were you when oracle solution #28394 claims to do what chainlink does but ends up going nowhere Did you shills forget about band already?
Adam Gonzalez
B-BUT THIS TIME IT'S DIFFERENT IT REALLY IS
Chainlink data request costs $450 Zoracles data request costs: nothing except gas fees
and it's 100% private so enterprises can adopt ethereum
Jack Richardson
Okay, user I gave you a chance and did some research. >website a mess >begging for devs on reddit >four month old twitter account I'll pass.
Christian Gomez
>begging for devs on reddit you mean hiring devs to speed up the process? yeah, that's a complete disaster
