Space and Time (SXT): Real-time blockchain data with ZK integrity
Blockchain networks contain incredible amounts of data that may provide valuable insights for analysis and serve as inputs for apps, databases and analytics platforms. Unfortunately, data held in decentralized ledgers is mostly unstructured and expensive to access, and might not be verified for accuracy. For instance, when blockchain validators approve transaction blocks based on the respective consensus model used by the network, they simply confirm the correct format of the data.
In order to enhance the accuracy and validity of such data, the blockchain industry has implemented a range of solutions, including zero-knowledge (ZK) proofs. Unfortunately, standard ZK technology may involve complex data processing, and can become computationally expensive and poorly scalable. Even when implemented efficiently, ZK proofs don’t make blockchain data more accessible, though they do ensure data integrity and security.
Space and Time (SXT) is a decentralized platform that aspires to become a unified, structured warehouse of on-chain and off-chain data, enabling easy, quick and inexpensive access supported by ZK-proven data validation. The platform sources data from numerous blockchains and Web 2.0 systems, generates and stores cryptographic references for the data, organizes it in the standard relational database format and lets external sources — including data-driven applications and smart contracts — query it using the good ol’ SQL, a database query tool ubiquitously known in the developer and analyst communities.
Key Takeaways:
Space and Time (SXT) is a decentralized data warehouse that sources, indexes and provides access to on-chain and off-chain data from different blockchains and Web 2.0 databases via SQL queries.
The platform's native token, SXT, is used for staking, stake delegation, validator payouts, payments to access data via queries, rewards for data providers and governance.
SXT can be bought on Bybit as a USDT Spot pair.