zkOracle
By CoinGecko | Updated on Jan 11, 2024
A zkOracle is an advanced concept in blockchain technology that combines the properties of oracles with the principles of zero-knowledge proofs. It represents a middleware protocol that operates within the blockchain ecosystem, providing a connection between onchain and offchain data. Its primary function is to ensure the secure, trustless, and efficient transfer of data to and from a blockchain, enhancing the capabilities of dApps.
Related Terms
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A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
Interoperability
Interoperability refers to the property of product/systems that are able to work with products/systems that are different without any restrictions.
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