The Problem ZKOracles Are Solving

The Data Access Problem on Ethereum

The Ethereum blockchain has a major hurdle when it comes to accessing data. It only keeps the most recent 256 blocks—think of these as bundles of transactions—easily available for smart contracts to check directly on the blockchain. Since Ethereum creates a new block roughly every 12 seconds, those 256 blocks cover less than an hour of activity. If you need to look up older data, like transactions from a few hours ago, a day, or even a month back, you can’t do it directly on the blockchain. This limitation makes it tough for developers building apps that need historical data to function properly.

The Risks of Relying on Third-Party Tools

Because of this data gap, people often turn to third-party tools like Etherscan, a popular website that tracks and displays Ethereum’s blockchain data. While these tools are convenient, they come with a downside: you have to trust that the data they provide is accurate and hasn’t been tampered with. In the world of blockchain, trust is a big issue—blockchains are designed to be trustless, meaning you shouldn’t need to rely on anyone to verify information. Depending on a third party like Etherscan goes against this principle, as there’s always a risk the data could be incorrect or manipulated.

The Challenges of Managing Your Own Data

If you don’t want to trust a third-party service, your only other option is to build and maintain your own database system to store all of Ethereum’s data. However, Ethereum’s blockchain contains an enormous amount of information—potentially petabytes, which is millions of gigabytes. Setting up and running your own database to handle this data is incredibly expensive, requires a lot of technical know-how, and takes up a ton of time and resources. For most developers or users, this just isn’t a realistic solution.

How zkOracles Solve the Problem

This is where zkOracles come in to fix things. zkOracles use a special technology called Zero-Knowledge Proofs (ZKPs), which act like a cryptographic guarantee that the data you’re getting is accurate and hasn’t been altered, without revealing extra details. With zkOracles, developers can access any data from Ethereum’s blockchain—whether it’s from the latest block or years in the past—without needing to rely on third-party services like Etherscan or building their own massive database. The Zero-Knowledge Proofs ensure the data is secure and trustworthy, keeping everything in line with blockchain’s trustless philosophy.

Why zkOracles Matter

In simple terms, zkOracles make it easy, safe, and affordable to access and use Ethereum’s data. They remove the need to trust middlemen or deal with the hassle and cost of managing your own data storage. This empowers developers to create reliable, decentralized applications that can use blockchain data without worrying about its accuracy or availability. By solving these issues, zkOracles help make the Ethereum ecosystem more efficient and accessible for everyone.

Here's the Analysis of #PUNDIX :

#PUNDIX is been flipping back and forth of the major resistance area of $0.30 - $0.31 and formed a large triangle pattern over it. Well, nothing much clear as of now and need to wait for the price to have a breakout of the pattern. Buys are probable but aggressive shorts can be taken $0.26 area break.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on WEEKLY TF, rejected and this week we have all the way down towards the fresh support. Now its a decisive point and need to see some sort of rejection happening from here. Just watch out the price action and let see how it goes.

NOTE : Tighten Stop in every open position in futures.

#DXY had a break of the zone and turned quickly after the sweep. Now, the expected movement will be a tap into the resistance line and with that resistance zone too. So Next week we might see a little more pain and a rally thereafter.

Since mid-August ATH, momentum faded pulling Bitcoin below recent buyer cost basis into $110K-$116K "air gap" 📉📊. $108K bounce showed on-chain buy pressure stabilizing market 🔄💪.

Key question: healthy consolidation or deeper contraction's first leg 🎯⚡️👀

Here's the Analysis of #OP :

#OP forming a inverse Head & Shoulder Pattern and holding the major support zone at $0.61 - $0.66. Also price formed a resistance area at $0.88 - $0.92. The range is decent enough for the swing buys and sells. Wait for the price to give a breakout, and right can we can take longs.

#BTC gave its weekly closing over the $111,000 level and just gave a break of the resistance area. Waiting for the Daily candle to close, as it may turn it into a fakeout now.

#US30 UPDATE :

#US30 gone further higher and all out trades further targets. Now price dropped and again push, and by NY open we can expect further push and buys look good after 46,250 and 46,100 area.

alternatively, there is a break in channel pattern and it can be potential retest happening, better to lock major TP here.

Strategy has acquired 196 BTC for ~$22.1 million at ~$113,048 per bitcoin.

There Key Observation in Short

Top-buyers at $113.8K, dip-buyers at $112.8K, STH at $108.3K 📊🎯. Reclaim $113.8K fuels bullish continuation 🚀. Break below $108.3K risks path toward $93K ⚡️📉👀

Here's the Analysis of #NEIRO :

#NEIRO kept on trending lower and low broke a key support zone at $0.00029 - $0.00030 and still trending lower. Price can potentially move other end of the support zone at $0.00014 - $0.00016. Shorts can be taken in LTF till support with moderate risk.

#BTC slowly pumping and now on small pullback phrase. Nothing much to do, just another move can kick in from $113,000. Wait and watch the price action.

During $108K-$114K rebound, 3-6 month STH realized ~$189M/day - 79% of all STH profits 💰📉. February-May buyers exited profitably creating headwinds ⚡️💪👀

Here's the Analysis of #MOVE :

#MOVE had a break of the triangle pattern and still dropping hard as we don't have any support looking left, just a long candle after listing. Longs doesn't seems promising and shorts are probable now, so wait for a retest and take it with proper risk management.