In a groundbreaking development for the blockchain sector, Space and Time, a project backed by Microsoft, has officially launched its public and permissionless mainnet. This platform aims to revolutionize crypto applications by providing zero-knowledge (ZK)-proven data infrastructure.
Developed by MakeInfinite Labs, Space and Time offers a decentralized, verifiable database tailored for smart contracts, enabling them to query historical, cross-chain, and off-chain data more securely. According to a recent newsletter from Cointelegraph, this innovative platform indexes vital data from prominent networks such as Ethereum and ensures easy access through a decentralized network of validators.
One of the standout features of Space and Time is its Proof of SQL, a sub-second ZK coprocessor that delivers cryptographic proofs with every query. This functionality addresses a key concern for developers: the inability to query essential user data from blockchain activity without risking security and integrity. Scott Dykstra, co-founder of Space and Time, emphasized that this platform enables developers to construct on-chain applications fortified by built-in security measures through cryptographic proofs that connect cloud databases to smart contracts.
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Key Collaborations and Future Plans
Dykstra revealed that a number of prominent players in the financial sector, major cloud providers like Microsoft Azure and Google BigQuery, as well as notable crypto projects such as Chainlink, Sui, and ZKsync, are either already using or are in the process of building tools and data services within the Space and Time ecosystem. Moreover, the SXT token, which serves as the native utility for Space and Time, is scheduled for launch on May 8.
“The Space and Time mainnet is permissionless, and we warmly invite the community to participate as validators and delegated stakers,” said Dykstra. The testnet has already attracted over 30 validators from various regions, including the United States, Europe, Asia, and Latin America, showcasing the project’s widespread recognition and support.
Related: Aptos launches keyless wallets that use ZK-proofs to verify identities
MakeInfinite Labs, previously known as Space and Time Labs, secured strategic funding led by Microsoft in 2022 and continued to build momentum with a follow-on Series A round planned for 2024. The team has also made significant contributions to various other initiatives in the crypto industry, including Blitzar and the Chainlink DeFi Yield Index.
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