About Zoracles
Zoracles (ZORA) is a cryptocurrency and operates on the Ethereum platform. Zoracles has a current supply of 10,000 with 5,463 in circulation. The last known price of Zoracles is 7.98862724 USD and is up 0.00 over the last 24 hours. It is currently trading on 7 active market(s) with $0.00 traded over the last 24 hours.
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Market Stats
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Additional details
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ZORA vs markets
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xD8E3FB3b08eBA982F2754988d70D57eDc0055ae6 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 0.00 | NaN% |
1 Day | ARS 0.00 | 0.00% |
1 Week | ARS 0.00 | 0.00% |
1 Month | ARS 0.00 | 0.00% |
1 Year | ARS 0.00 | 0.00% |
Coinbase insights
Recent trends
FAQ
Zoracles (ZORA) is a DeFi Oracle platform built by developers. The platform aims to develop a liquidity swap ecosystem that empowers users with the data, tools, and capital to compete in the DeFi market. Using Zoracles protocol, users can build zero-knowledge oracles to seek to provide confidential data to smart contracts.
An oracle network provides price feeds, clarity, and accuracy for DeFi protocols to lock the cryptocurrency. Most of the oracles introduced initially in the crypto market faced issues associated with connectivity and interoperability. Moreover, the oracle solutions deployed to facilitate the connection between exchange data and smart contracts fail to offer a privacy guarantee to secure the flow of information from the data sources. Thus, to solve the issues mentioned above, Zoracles seeks to construct zero-knowledge proofs and a random oracle model to provide confidential data with smart contracts. The properties of Zoracles protocol aim to be completeness, soundness, and a zero-knowledge providing system.
According to the Zoracles whitepaper, the protocol is developed for seeking to randomize the sources of information and cryptographically construct proving schemes that are later verified for private data delivery. Cryptography is the practice of transacting securely and sending encrypted messages between two or more parties. Besides this, the platform also seeks to shield users’ data from a business competitor and outside manipulation. Moreover, the protocol is based on an open oracle framework for retrieving off-chain data. An open oracle framework is a structure that maximizes data security through market data APIs, reports, DApp protocols, etc. The platform aims to upgrade two smart contracts through an open oracle framework—Open Zoracles Price Data, where data is stored, and Uniswap Anchored, where the output is compared.
ZORA is the ticker name used for the Zoracles platform. The token is used for providing liquidity along with governance functionality. Besides, the token holders provide liquidity to Uniswap V3 and access Zora Credit Lines with an applicable score.
Zoracles believes that the platform adds value to liquidity providers across the DeFi ecosystem. Thus, the platform strives hard to collaborate and expand its reach with the help of community discussions on various social media platforms globally.
We update our Zoracles to ARS currency in real-time. Get the live price of Zoracles on Coinbase.
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Zoracles news
Trending articles
Social stats
Popularity in posts
#252
Contributors
619
Posts
1,337
% About Zoracles
0.098%
Hold times
0 days
X (Twitter)
45.82% bullish
Sentiment
4.3 ★
Highlights
619 unique individuals are talking about Zoracles and it is ranked #252 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Zoracles has an average sentiment score of 86 out of 5. Finally, Zoracles is becoming less newsworthy, with 0 news articles published about Zoracles.
On Twitter, people are mostly neutral about Zoracles. There were 47.53% of tweets with bullish sentiment compared to 3.72% of tweets with a bearish sentiment about Zoracles. 52.47% of tweets were neutral about Zoracles. These sentiments are based on 1332 tweets.
On Reddit, Zoracles was mentioned in 0 Reddit posts and there were 0 comments about Zoracles. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.