Friends, are you ready to meet the 6th Launchpool of @BinanceTR with #SpaceandTimeDB?
Users can stake their #BNB for 2 days starting from 03:00 on 06.05.2025 to receive $SXT airdrops through Staking. #BinanceTR will list #SXT TRY trading pair on Thursday, 08.05.2025 at 16:00 Turkish time.
So, what is #SpaceandTime?
Let's embark on a deep exploration together! We will examine everything from its basic functions to competitive analysis.
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Space and Time (SxT) is a project that offers an innovative infrastructure for securely processing and querying data in the blockchain world. Thanks to Proof of SQL technology, the results of SQL queries are verified with Zero Knowledge (ZK) proofs. This not only guarantees the correctness of the data but also preserves privacy.
Thus, while secure data processing is ensured, it becomes possible for smart contracts to make decisions based on external data. This system represents a revolutionary step in data accuracy and security for Web3 projects. Space and Time aims to break down the walls between blockchain and data analytics, enabling Web3 and dApp developers to easily interact with off-chain data, paving the way for more secure and scalable smart contracts.
This means that developers will be able to verify their data on the blockchain and use it securely, allowing smart contracts to operate much more intelligently. It enables the Web3 world to become stronger and more efficient. Space and Time makes data management for Web3 projects much easier by offering BaaS (Blockchain-as-a-Service) solutions. While providing paid packages that meet the needs of subscription-based services and SQL data querying for corporate users, it also offers flexibility with a pay-per-use billing model.
All these services have been optimized with high-volume data processing and analysis requirements in mind. In short, big data operations with Space and Time are now much faster and more reliable!
Space and Time is based on a dual-layer architecture. The Data Warehouse Layer and the Validator Layer complement each other to ensure secure storage and querying of data. These structures optimize the data validation and integration process, providing high-performance data processing.
The Proof of SQL protocol ensures the accuracy of SQL query results with ZK proofs. This guarantees the correctness of data results and prevents misinformation. At the same time, these proofs can be verified on-chain and queried in a decentralized manner. This mechanism is a revolutionary way to ensure the accuracy of off-chain data.
The native token of Space and Time, SXT, is used for transactions and data validation processes on the network. SXT is staked by validators joining the network to ensure network security. Additionally, it has economic functions such as transaction fees, data querying payments, and staking rewards. A significant portion of token distribution is allocated for community incentives.
Space and Time works in integration with large networks such as Ethereum, Polygon, BNB Chain, and Avalanche that provide blockchain data warehouses. Thanks to these integrations, developers can query existing blockchain data directly through the platform. This allows decentralized data warehouses to quickly provide multi-chain support.
Space and Time offers solutions that can be integrated into the data management processes of corporate companies. The partnership with Microsoft Azure is crucial for meeting the cloud-based data querying and processing needs of organizations. This integration brings enterprise-level data management onto the blockchain through the BaaS (Blockchain-as-a-Service) model.
Space and Time does not compromise on security while providing a decentralized data processing infrastructure. The accuracy of data is secured with ZK proofs while the platform uses decentralized validation methods. This prevents data manipulation and ensures transparency. The verifiability of this trust model strengthens the platform's security layer.
Space and Time revolutionarily optimizes data validation processes on the blockchain by integrating SQL queries and ZK proofs. This approach ensures that data is secure and verifiable. At the same time, this data validation process enhances the reliability of Web3 projects by ensuring transparency and preventing data manipulation.
Space and Time is managed by an experienced team. CEO Nate Holiday and CTO Scott Dykstra have a broad background in data warehouses and blockchain technologies. This team makes critical decisions in the development of the project and leads product development. Additionally, the Space and Time Foundation has been established, adopting a community-focused governance approach.
Space and Time has received support from major investors such as Microsoft M12, Framework Ventures, and Polygon Ventures. These investors play a critical role in the project's technical development and market expansion. Furthermore, the interest and investment in the project have been significant indicators of the evolving ecosystem and use cases.
Space and Time works in integration with important oracle networks like Chainlink. This integration expands the platform's data validation process and securely transfers off-chain data to the blockchain. At the same time, integrations with networks such as Avalanche and Polygon enable the platform to provide multi-chain support.
Space and Time is an innovative platform that meets the need for secure data processing in Web3 projects. In rapidly growing sectors like DeFi and GameFi, data validation and secure data querying are major needs. The platform can gain a significant market share by meeting this demand. It offers an advantage against competitors like The Graph, Covalent, and Dune Analytics with ZK proofs and SQL integration.
Space and Time plans to launch its mainnet in 2025. With this launch, SXT token staking, data querying, and governance functions will be activated. Additionally, new blockchain integrations and corporate partnerships will increase the platform's global reach. The platform will continue to grow by bridging Web3 and corporate companies.