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Home Forex Market

Space and Time Launches on Mainnet to Power a New Generation of Data-Driven Crypto Apps

by Market News Board
2 months ago
in Forex Market, Forex News
Space and Time Launches on Mainnet to Power a New Generation of Data-Driven Crypto Apps
Share on FacebookShare on TwitterShare on Pinterest

Space and Time, the
Microsoft-backed blockchain for zero-knowledge (ZK)-proven data, is live on its
public, permissionless mainnet.

Space and Time is designed to deliver ZK-proven data to
smart contracts to power a new generation of data-driven crypto applications.
It indexes data from other major blockchains, including Ethereum, and stores it
across a decentralized network of database validators. Developers can access,
query ZK-prove and connect this data back to their smart contract using Proof
of SQL, Space and Time’s sub-second ZK coprocessor for SQL database queries.

“Prior to Space and Time, onchain applications had no way
to query basic user data from a database of blockchain activity without
introducing security risks and tampering. In addition, enterprises had no way
to securely connect their cloud databases with smart contracts. 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,” said Scott Dykstra, Contributor #001 at Space and
Time
.

Smart contracts today can’t natively access historical,
cross-chain or offchain data, which limits the complexity of onchain apps.
Chainlink pioneered external data access for smart contracts with secure
oracles and cross-chain messaging, solving key pieces of the context problem.
The next wave of onchain innovation—spanning everything from dynamic financial
instruments to data-rich AI agents and tokenized real-world systems—will
require a trustless database layer for complex data retrieval. Space and Time enables
this with a verifiable, decentralized database network that gives smart
contracts the ability to query the full history of Ethereum and beyond.

“Smart contracts need context to make decisions, whether
it’s real-time market data, cross-chain messaging or historical onchain
activity. Chainlink provides the connective tissue for data to move securely
across systems, and Space and Time brings powerful new compute capabilities
that complement that vision. Together, we’re pushing the boundaries of what
developers can build onchain,” said Sergey Nazarov, Co-Founder of Chainlink.

Space and Time was created by MakeInfinite Labs, a frontier
protocol research lab that is backed by Microsoft and working alongside major
financial institutions. In addition to its work on Space and Time, the firm has
developed key technologies to the broader crypto ecosystem, such as Proof of
SQL, Blitzar, an Elastic Network ZK Chain for Space and Time, and Chainlink
DeFi Yield Index.

“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 take this work forward and unlock new possibilities for verifiable,
data-driven applications,” said Nate Holiday, CEO of MakeInfinite Labs &
Co-Founder of Space and Time
.

Space and Time is secured by a decentralized set of
validators, and anyone can contribute to the network by providing high-quality
datasets, staking or running a validator node.

About Space and Time

Space and Time ( is the
blockchain for ZK-proven data, which enables smart contracts to trustlessly
access and compute over data from any chain or source. Powered by Proof of SQL,
a sub-second ZK coprocessor, Space and Time empowers developers to build more
intelligent, data-rich applications with verifiable data.

About MakeInfinite Labs

MakeInfinite Labs is a frontier protocol research lab
contributing to some of the most prominent protocols and ecosystems across
crypto, including the creation of Space and Time. MakeInfinite Labs raised $50
million from Microsoft’s M12 Ventures and other leading investors to build the
infrastructure that enables developers and creators to build data-driven
applications, tokenize and monetize and win in the AI economy.

Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.

Source link >

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