Can smart contracts truly trust their data?
Smart contracts work on the principle of reliable execution, but often rely on external data sources that may not be controllable. This dependence is a concern for the integrity of the DAPP data feeding (DAPP) data. Starting the Mainnet of Space and Time introduces a solution aimed at dealing with this challenge, allowing smart contracts to access and control data through cryptographic evidence.
Understanding the approach of space and time
Space and time are a decentralized data warehouse that integrates the evidence of zero knowledge (ZK) to ensure the integrity of the data used for smart contracts. Using its patented technology, SQL proof, the platform allows developers to complete SQL inquiries, the results of which can be controlled cryptographically. This means that smart contracts can now be accessed by an additional trust layer by reducing the risk of counterfeiting.
The platform indexes the data of various block circuits, including Ethereum, and saves them over a decentralized validator network.
Developers receive this data inquiries, obtain the evidence of the inquiries and integrate them into their smart contracts. This process ensures that the data used are both accurate and controllable.
The role of proving SQL
The proof of SQL is at the heart of space and time offering. This allows SQL inquiries to generate ZK evidence, ensuring that the data has not been modified. This is particularly important for applications that require high data integrity, such as decentralized finance (Defi) platforms and supply chain tracking systems.
For example, a user of the Interest Rates can use SQL certificate on the basis of a user activity to verify that the underlying data has not been manipulated. This adds security and trust to the application.
Integration with existing ecosystems
Space and time technology is designed to be compatible with existing chip chain ecosystems. The integration of the platform with Chainlink allows ZK-Proven's data to be delivered to smart contracts via the Chainlink Oracle network. This integration facilitates the use of controlled data in a wide range of applications, from financial services to games.
In addition, the presence of space and time shows the movement of the Microsoft Azure market towards the connection of traditional cloud services to decentralized applications. It can pave blockchain technology to companies more smoothly.
Impact on developers and businesses
For developers, space and time provide tools for the construction of applications that require scale without requiring high data integrity. Companies can use the platform to ensure that their chip -based applications operate with reliable data that are crucial to maintaining users and maintaining trust.
Starting Mainnet also introduces the SXT sign, which is a natural utility token for the platform. It is used for betting, validator prizes and payment of data requests, stimulating participation in the network.
Personal perspective
The introduction of access to data produced by ZK through space and time denotes significant forward movement in the chip circuit space. When dealing with the challenge of data integrity in smart contracts, the platform opens up new opportunities for creating safe and reliable decentralized applications. However, the success of this approach depends on the adoption of the developers and the wider chain community.
The final thoughts
The Mainnet of Space and TIME triggers a step further in increasing the reliability of the data used in smart contracts. By providing tools that ensure the integrity of the data through cryptographic evidence, the platform addresses the critical need for decentralized applications. As the chip chain ecosystem is evolving, solutions such as space and time to play a central role in data access and control could be played.
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Disclosure of interest decides: This author is an independent co -worker through us
