Blockchain technology has continuously advanced over the years, reaching new heights, addressing legacy issues.
The public launch of the Space an Time mainnet, a decentralized platform backed by Microsoft, exemplifies such trends by its ZK-proven data capabilities to smart contracts.
Key Highlights
- Space and Time Mainnet’s ZK infrastructure enables secure, tamper-proof cross-chain queries, revolutionizing DeFi and AI-driven financial tools.
- Proof of SQL’s sub-second ZK coprocessor allows developers to verify Ethereum, Sui, and ZKsync data, bridging onchain-offchain gaps for institutional-grade apps.
- Microsoft Azure and Chainlink partnerships validate Space and Time’s role in mainstreaming zero-knowledge tech, driving Africa’s secure blockchain adoption.
The permissionless networks enables developers to build secure, verifiable applications bridging the gap between on-chain and off-chain ecosystems.
The development of verifiable data-driven applications via leveraging zero-knowledge proof showcases the endless pursuit for better security within the crypto world, with the industry steadily becoming mainstream with institutional adoptions.
ZK-Proven Data: Revolutionizing Smart Contract Security
Its groundbreaking data strategy seeking to address a critical gap in Web3; secure access to tamper-proof, cross-chain data.
Many legacy smart contracts have struggled with a vital flaw fostered by their greatest asset, immutability.
The near-air tight design of these automation systems makes it nearly impossible to integrate external datasets without compromising security or decentralization.
This has resulted in various attacks, i.e., Reentrancy Attack, which hinges on the smart contracts limited functionality and authority over external addresses.
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Leveraging zero-knowledge data infrastructure allows the platform to cryptographically prove the validity of off-chain and historical blockchain data.
This enables developers to query massive datasets, including Ethereum’s entire transaction history, while maintaining privacy and immutability.
Scott Dykstra, co-founder of Space and Time, emphasizes how this innovation eliminates risks of tampering or manipulation:
“Today we’re thrilled to announce the mainnet launch of Space and Time, which will empower developers to build sophisticated, data-driven onchain applications secured by cryptographic proofs.”
The permissionless and ZK-proven data infrastructure enables anyone to contribute to the network by providing a high-quality dataset or staking their assets.
Space and Time mainnet introduces a secure method to connect off-chain data to on-chain smart contracts using zero-knowledge proofs.[Photo: Web3Africa]
This new setup will enable developers to link their verified data to smart contracts through Proof of SQL.
Zero-Knowledge Data Infrastructure: A New Era for Decentralized Applications
The Space and Time mainnet launch represents a paradigm shift in data infrastructure.
By utilizing Proof of SQL, developers execute decentralized SQL queries across a decentralized database network that spans Ethereum, Sui, and Zksync.
This procedure ensures that each query result is cryptographically signed, tamper-evident, and auditable.
In addition, with emergent AI-driven financial tools and the tokenization of real-world assets, security and new functionalities are possible with the new structure.
Nate Holiday, CEO of MakeInfinite Labs (the team behind Space and Time), underscores the platform’s foundational role:
“At MakeInfinite Labs, we’re focused on building foundational infrastructure to enable the next generation of crypto applications. Contributing core technologies like Proof of SQL and the original architecture of Space and Time is part of that vision. We’re excited to see the ecosystem advance this work and unlock new possibilities for verifiable, data-driven applications.“
The blockchain project removes the traditional barrier, allowing secure data bridging between enterprise systems.
It essentially acts as a gateway for traditional institutions seeking to access blockchain technology’s data benefits.
Organizations like Microsoft Azure and Google BigQuery will benefit more, especially with the wave of blockchain environments taking centre stage.
Building Secure Onchain Applications with Decentralized Databases
The key differentiator of the organization is its decentralized database network. This new system indexes data frommajor blocckhain networks and stores then across a gloal validator ecosystems. It essentially democratizes data storage while improving its security.
Developers connect to the mainnet via SDKs or REST APIs, then craft SQL statements against the indexed data. Each query invokes Proof of SQL, returning both results and cryptographically attesting to the results.
This capability is critical for applications requiring audit-ready data, such as compliance tools or DeFi protocols managing trillions in assets.
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This feature is most preferred for ventures diving into tokenizations or crypto platforms integrating AI agents, which are heavily dependent on accurate price feeds.
The system’s cryptographic backbone ensures that every data point driving any system is correct. In addition, its permissionless or public design invites community participation, allowing anyone to contribute and stake tokens to secure the network.
Major Adoption Signals: From Testnet to Global Validators
The Space and Time has attracted significant adoption during its testnet phase, with over 30 validators spanning four continents.
Key partnerships with heavyweights like Chainlink, Sui, and Zksync signal strong global interests.
The platform’s native SXT token launched on May 8th incentivizes data providers, validators, and stakers while governing protocol upgrades.
Partnerships with industry heavyweights like Chainlink, Sui, and ZKSync further validate its potential to become a cornerstone of the crypto ecosystem.
Dykstra said,” Space and Time is permissionless, and we encourage the community to join the network as validators and delegated stakers.”
By solving the “oracle problem” for complex datasets, the platform empowers developers hinging on the lucrative nature of cryptocurrency and the sophistication of AI.
Pioneering Verifiable Data-Driven Applications
Launching the Space and Time mainnet is pivotal in blockchain scalability and security.
It delivers ZK-proven data through robust data infrastructures, setting a new standard for verifiable data-driven applications, bolstering privacy with transparency.
The world of decentralization is rapidly evolving. Digital assets are becoming a new revenue source for institutions’ investments. NFTs and smart contracts offer better performance and functionalities within governmental projects, and AI agents are now becoming a cornerstone of efficiency.
The potential for better security is a must-have fact at this point.
