Space and Time, backed by Microsoft, launches its permissionless mainnet for zero-knowledge proven data.
Zero-knowledge proof adoption continues to gain momentum in the crypto space. On Thursday, May 8, Space and Time, developed by MakeInfinite Labs and backed by Microsoft, launched its permissionless mainnet. The new blockchain enables smart contracts to access ZK-proven data, powering a new class of crypto applications.
The network indexes data from other major blockchains and stores it with a decentralized validator network. Developers can then access this data, verify it using zero-knowledge proofs (ZK-proofs), and integrate it into their smart contract applications.
The system is powered by Proof of SQL, a protocol designed to validate database queries in a simplified format. Instead of accessing the entire data set, developers rely on a ZK-proof embedded in the query itself, confirming the accuracy of the result without exposing the full dataset.
Space and Time powers new wave of dApps
According to Scott Dykstra, Contributor #001 at Space and Time, the launch will enable a new generation of sophisticated, data-driven Web3 applications.
“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,” Scott Dykstra, contributor.
Nate Holiday, CEO of MakeInfinite Labs and Co-Founder of Space and Time, echoed the sentiment. He emphasized that the team is focused on building the foundational infrastructure needed to expand the capabilities of blockchain.
“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,” Nate Holiday, MakeInfinite Labs.
Space and Time validators can contribute to the network by providing quality data, staking tokens, or running nodes that help power and secure the network.
