Space and Time Integrates Verifiable Compute Layer Natively into Chainlink for Trustless Queries

Watch Icon
CoinCodex News
Space and Time Integrates Verifiable Compute Layer Natively into Chainlink for Trustless Queries

Key takeaways

Chainlink and Space and Time (SxT) have integrated zk-proof technology to provide verifiable and tamper-proof query results to smart contracts. SxT has become the preferred data warehouse for Chainlink. This integration sets the stage for the next generation of decentralized applications, unlocking innovative use cases in DeFi, financial services, insurance, gaming, and more.

Chainlink, the leading decentralized oracle network, and Space and Time (SxT), a Web3 data warehouse, have announced a powerful new integration. SxT's novel zk-proof system called Proof of SQL will now run its zk-Verifier natively on Chainlink nodes, bringing verifiable and tamper-proof query results to smart contracts.

Chainlink consensus enables trustless, decentralized query results

SxT's Proof of SQL allows databases to generate a zk-SNARK cryptographic proof that SQL queries were computed accurately on untampered data. This proof is validated by the Verifier against a hash of the data.

Previously, the Verifier ran separately from Chainlink. But now, by running natively on Chainlink nodes, the network can come to consensus on the validity of proofs. This makes query results more decentralized, transparent, and trustless.

Chainlink already enables SxT users to send results on-chain via Chainlink Functions. With the Verifier embedded into Chainlink's architecture, SxT and Chainlink form an end-to-end system for verifiable off-chain computation.

SxT becomes the preferred data warehouse for Chainlink

With this powerful integration, SxT is now the preferred data warehouse solution for Chainlink's entire ecosystem. SxT allows developers to create tamper-proof hybrid smart contracts that leverage both on and off-chain data. Chainlink provides the decentralized 'middleware' that connects this data to blockchain.

"We see a future where every database needs to be verified by SxT's zk-proof," said SxT CEO Nate Holiday. "As blockchain, AI and business converge, verifiable data and compute become critical."

Realizing the vision of end-to-end decentralized tech

Together, SxT and Chainlink create the backbone for the next generation of smart applications - where verifiable off-chain resources seamlessly integrate on-chain.

"Chainlink and SxT are powering an end-to-end decentralized tech stack that will scale Web3," said Chainlink's Sergey Nazarov.

SxT's novel cryptography and Chainlink's oracle networks usher in a new paradigm - where blockchains can leverage vast off-chain data and computation in a highly secure and decentralized way.

This unlocks groundbreaking new use cases in DeFi, financial services, insurance, gaming and more. SxT provides the verifiable data queries that next-gen hybrid dApps need, with Chainlink facilitating consensus and connection to blockchain.

The future of verifiable, decentralized data

As blockchain adoption accelerates, the demand for external data and computation will continue growing exponentially. SxT and Chainlink are at the forefront of making this scalable and secure.

SxT's Proof of SQL innovation combined with Chainlink's oracle infrastructure constitutes a major step forward. This seamless integration of on and off-chain technologies will power the smart contracts, enterprises and AI systems of the future.

Conclusion

the integration of Space and Time's zk-proof system, Proof of SQL, with Chainlink's decentralized oracle network represents a significant milestone in the evolution of Web3 technology. This powerful partnership not only enhances the trust and transparency of query results for smart contracts but also establishes SxT as the preferred data warehouse solution for Chainlink's ecosystem. Together, they provide the foundation for a new era of smart applications where verifiable off-chain resources seamlessly integrate with on-chain processes. This innovation has the potential to unlock groundbreaking use cases across various industries, from DeFi to insurance and gaming, while ensuring the security and scalability of accessing external data and computation. As blockchain adoption accelerates, SxT and Chainlink stand at the forefront of driving the future of verifiable, decentralized data and computation.

More News

Crypto Exchange Listing and Delisting Anno...

Watch Icon
Last updated

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXC Listings: Chief Troll Officer (CTO) Troll Inu (TROLLINU) Fox Funnies (FXN) Pablo The post Crypto Exchange Listing and Delisting Announcements: January 29, 2024 appeared first on Cryptonews.

LOOM up +34.89%, BTC -0.51%, Toncoin is Th...

Watch Icon
Last updated

Key highlights: The total cryptocurrency market cap decreased from $ 1.10T to $ 1.09T in the past 24 hours, representing a -0.33% changeThe Bitcoin price at press time is $ 27,500 after falling by -0.51% in the last 24 hoursThe total crypto trading volume decreased by -0.33% in the past 24 hours, and is currently at $ 97.80BAll prices […]

$WSM Meme Coin Skyrockets +75% Intraday Be...

Watch Icon
Last updated

Wednesday, February 28, 2024 – Meme coin markets are exploding with excitement ahead of Wall Street Memes’ inaugural burn event tomorrow, with the $WSM price skyrocketing +75% as traders race to take position. Meme coin-focused social media interventions from Elon Musk and bitcoin trading above $61,000 have combined to bring money flooding back into crypto. The post $WSM Meme Coin Skyrockets +75% Intraday Before Wall Street Memes’ 100m Token Burn – Don’t Miss Out! appeared first on Cryptonews.

Back to Top