Space-time blockchain launched on mainnet, backed by Microsoft
🌌 Space and Time: Zero-Knowledge Blockchain Stirs Innovation 🌌* Microsoft-backed ecosystem debuts mainnet for blockchain data-driven apps
Space and Time, a cutting-edge blockchain network known for its zero-knowledge (ZK) capabilities, has taken the stage with the launch of its fully decentralized mainnet. This innovative platform aggregates data from various blockchains, providing developers with production-ready insights.
🚀 Mainnet Unveiling 💼
According to the project team's official statement, Space and Time - the first-ever ZK-empowered network handling data from both Web2 and Web3, is now live on the mainnet. The mainnet's purpose is to supply ZK-verified data to smart contracts, fueling a new generation of data-driven crypto applications.
From its launch, Space and Time indexes data streams from prominent programmable networks like Ethereum and stores them across a network of decentralized database validators.
Interested developers can easily access this data, execute ZK-proving, and link it back to their smart contracts using Proof of SQL, Space and Time's specially designed sub-second ZK coprocessor for SQL database queries.
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Scott Dykstra, Contributor #001 at Space and Time, emphasizes the importance of SxT mainnet's launch for the entire dApp ecosystem:
Before Space and Time, there was no secure, reliable method for smart contracts to access fundamental data from a blockchain activity database without raising security concerns or manipulation issues. Additionally, enterprises had no means to connect their cloud databases with smart contracts securely. With the mainnet launch of Space and Time, developers will now have the ability to build sophisticated data-driven on-chain applications fortified by cryptographic proofs.
Space and Time was created by MakeInfinite Labs, a pioneering protocol research lab backed by Microsoft and collaborating with major financial institutions.
🔍 Imperative Data for the AI Age 🔍
Nate Holiday, CEO of MakeInfinite Labs and Space and Time cofounder, expresses his excitement about the release and invites innovators to develop their apps on the SxT platform:
At MakeInfinite Labs, our focus lies in developing fundamental infrastructure to enable the next evolution of crypto applications. Contributing pivotal technologies like Proof of SQL and the core architecture of Space and Time is part of our vision. We are thrilled to witness the ecosystem adopt our work, opening new frontiers for data-powered applications.
Smart contracts today lack the ability to natively access historical, cross-chain, or off-chain data, which restricts the complexity of on-chain applications. The next wave of innovation in the on-chain world, encompassing everything from sophisticated financial instruments to data-rich AI agents and tokenized real-world systems, will necessitate a trustless database layer. Space and Time furnishes this, delivering an efficient, secure, and verifiable database network that ensures smart contracts can query the entire history of Ethereum and beyond.
📉 Cryptocurrency Adoption 📉
Space and Time's mainnet launch signifies a monumental stride in the blockchain ecosystem, particularly for data-driven crypto applications. Here's a sneak peek into the key attributes and implications of this ZK-powered network:
Space and Time's Key Capabilities
- ZK-verified Data: Empower your smart contracts to process data from any source or chain securely using zero-knowledge proofs, maintaining data integrity and privacy.
- Proof of SQL (PoSQL): The platform's sub-second ZK coprocessor allows you to perform SQL queries efficiently, enabling developers to create complex dApps by integrating data with Smart Contracts.
- Decentralized Database Network: Index and store data from major networks like Ethereum, accessed through a network of database validators for seamless data retrieval.
Mainnet Implications
- Enhanced Data Accessibility: Overcome the limitations of on-chain apps accessing user data from blockchain databases without risking security and tamper.
- Integration of Enterprises: Address the gap in enterprise blockchain adoption by enabling secure connections between cloud data and smart contracts.
- Future of On-Chain Applications: Pave the way for the next phase of on-chain innovation, shaped by advanced financial instruments, AI agents with rich data, and tokenized real-world systems relying on a trustless database layer.
- Open, Permissionless Mainnet: Space and Time's open-source, community-driven approach promotes data validation and network governance, inviting anyone to provide datasets, stake, or run a validator node.
The Final Word
Space and Time's mainnet capitalizes on zero-knowledge proofs and decentralized database technology, empowering developers with secure, scalable access to a vast array of data sources. This capability is crucial for building cutting-edge, data-driven on-chain applications, bridging the gaps in enterprise blockchain integration, and unlocking new frontiers in the crypto world.
The Space and Time mainnet launch marks a significant milestone in the crypto realm, particularly for data-driven applications.The mainnet is powered by the first-ever zero-knowledge (ZK) network capable of handling data from both Web2 and Web3, making it live on the mainnet.The purpose of the mainnet is to supply ZK-verified data to smart contracts, fueling the development of a new generation of data-driven crypto applications.Space and Time indexes data streams from prominent networks like Ethereum and stores them across a network of decentralized database validators.Developers can easily access this data, execute ZK-proving, and link it back to their smart contracts using Proof of SQL, Space and Time's specially designed sub-second ZK coprocessor for SQL database queries.Scott Dykstra, a contributor at Space and Time, highlights the importance of the mainnet's launch for the entire dApp ecosystem, as there was no secure, reliable method for smart contracts to access fundamental data without raising security concerns or manipulation issues before Space and Time.Space and Time was created by MakeInfinite Labs, a protocol research lab backed by Microsoft and collaborating with major financial institutions.Key capabilities of Space and Time include ZK-verified Data, Proof of SQL (PoSQL), and a Decentralized Database Network.*The mainnet's implications include enhanced data accessibility, integration of enterprises, the future of on-chain applications, and an open, permissionless mainnet that promotes data validation and network governance.
