>The work by Zoracles to create a proof of concept for the derivatives market can be reviewed in the team’s Github. It appears to be a very simple, yet powerful program that can be applied to any futures contract. The program is pulling data that is signed from exchanges such as Coinbase and then creating a zero-knowledge proof for smart contracts to verify before executing based on the agreed price parameters.
>Enterprises that are moving billions of dollars around the world demand privacy for their clients. While other oracles have focused on connectivity, Zoracles has uniquely positioned their solution as privacy-first. This focus had led to an expertise in building Snarks that enterprises can depend upon to secure their decentralized transactions. The privacy guarantees with zk-Snarks is industry-leading and often on the cutting-edge of cryptography.
There is no consensus for their "oracle." It just copy pastes data. Might as well just pull a price feed from Bloomberg
Lincoln Sullivan
>The team also highlighted a push into obscuring the sources of data using VRFs. A verifiable random function (VRF) is pseudo-random function that provides publically verifiable proofs in the accuracy of its outputs. The exploration and application of a random oracle model is synergistic with the team’s work in ZKPs (zero-knowledge proofs) and serves as an important extension of the privacy guarantees provided by the Zoracles protocol. WTF they could've at least named their own VRF something original, this is a worse effort than BAND
Caleb Rogers
they’re zero knowledge oracles, remember?
Robert Green
Looking forward to seeing you join the Chainlink network as a future node operator.
