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DeFi News

zkSync Welcomes AI data Warehouse To Supercharge Hyperchain

SxT enters the scene with its cutting-edge AI capabilities, designed to train and optimize data models within the decentralized data warehouse.

Written By:
Jahnu Jagtap

Last updated: March 15, 2024 11:17 AM
Published March 15, 2024 10:21 AM
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Last updated: March 15, 2024 11:17 AM
Published March 15, 2024 10:21 AM
zkSync Welcomes AI data Warehouse To Supercharge Hyperchain

The future of blockchain development is about to get smarter. zkSync, a leading Ethereum scaling solution, has announced integrated Space and Time (SxT), a decentralized data warehouse powered by artificial intelligence, into its hyperchain network.

This collaboration promises to revolutionize blockchain development by equipping creators with the tools to build next-generation, data-driven applications.

Blockchain data needs to be compatible with offchain data. Without it, we can never have the Web2 → Web3 flippening.

@SpaceandTimeDB is deploying a hyperchain to connect the zkSync network with ZK-proven SQL 🔗 https://t.co/4wZQWNJJ2P pic.twitter.com/hlXEgBV7FQ

— ZKsync (@zksync) March 14, 2024

Traditionally, blockchains have struggled with siloed data, hindering interoperability and limiting the functionality of smart contracts. zkSync’s hyperchain architecture breaks down these barriers, enabling interconnected ecosystems. Hyperchains incorporate hyperbridges, which facilitate seamless asset and data transfers across different blockchains.

SxT enters the scene with its cutting-edge AI capabilities, designed to train and optimize data models within the decentralized data warehouse. It is used to aggregate and analyze blockchain data, which can then be sent back to smart contracts. 

The data platform will deploy as a zero-knowledge proof (ZKP) verifiable compute layer (VCL), and ensure that accurate, verifiable and tamper-proof information is being funneled through to smart contracts and enterprises.

This integration adds another layer of sophistication allowing developers to leverage rich datasets and empowers them with a powerful toolset for building smarter and more efficient applications.

Vassilis Tziokas, the head of enterprise business development at Matter Labs, said “ SxT will be introducing to new novel ideas to zkSync, including “a decentralized data warehouse and the Proof of SQL protocol.”

Tziokas believes, this combination will enable zero-knowledge verification queries to ensure that raw data and query results can not be manipulated.

He further added, “We’re excited to partner with SxT and advance our shared vision of offering developers sophisticated, data-driven, cross-chain smart contracts.”

As part of the launch, some new features including free zkSync data from both zkSyncEra and hyperchains to develop on the platform.  Developers will be liable only for the compute that is used to execute queries, without needing to pay for storing and indexing data.

“Given our commitment to zk, we knew we wanted to leverage a zkEVM as our network’s dedicated settlement layer. zkSync is best-in-class in fulfilling the vision of trustless layer-2s, offering extremely fast and low-cost zk-proven transactions,” Scott Dykstra, co-founder and chief technology officer of SxT said in a statement.

Also Read: Space and Time Unveils GPU Acceleration for ZK-Proofs

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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