Space and Time debuts sub-second ZK prover

by

As a researcher with a background in cryptography and decentralized finance, I’m excited about Space and Time (SxT)’s new high-performance ZK prover, Proof of SQL. Having worked on several projects involving zero-knowledge proofs and privacy in web3, I understand the importance of this technology for building reliable decentralized finance ecosystems.

A California-based cryptocurrency company named Space and Time has introduced a novel, high-performance Zero- Knowledge (ZK) prover. This innovative tool is designed to enhance the efficiency of on-chain transactions and foster growth within the Decentralized Finance (DeFi) sector.

As a researcher specializing in Space and Time (SxT), I’m thrilled to announce that we are making our custom-built compute layer, which includes a sub-second zero-knowledge (ZK) prover stack called Proof of SQL, publicly accessible. Previously, we had granted access to this advanced ZK-proof system to a select group of SxT clients in an alpha stage back in August.

ZK provers were born out of the necessity to address privacy concerns in cryptographic technology. The core idea behind Zero-Knowledge (ZK) proofs is that users can confirm the validity or truth of data or transactions, while keeping other information hidden.

Multiple web3 developers, including Ethereum‘s Vitalik Buterin, have emphasized the importance of Zero-Knowledge (ZK) stacks in constructing trustworthy decentralized finance (DeFi) environments. This technology is considered essential for securing secure on-chain dealings for smart contract procedures and end-users. Nevertheless, ZK proofs have at times been criticized for their potential to decelerate processing speeds.

SxT’s co-founder and research lead, Dr. Jay White, explained that his team created the Proof of SQL program to enable smart contracts and AI agents to pose queries about a blockchain’s transactions and external data. In turn, they would receive on-chain, trustworthy SQL query results instantaneously during a transaction, rather than enduring lengthy 30-minute proofing periods.

The data warehouse in the web3 world asserts that its Proof of SQL technology offers a more efficient processing structure for large-scale operations than traditional zk-Virtual Machines and coprocessors.

Based on SxT and White’s findings, the ZK prover processed queries over 100,000 row tables in less than a second using a single GPU. This technology can be incorporated into zkVMs on blockchains such as Ethereum (ETH), enhancing performance for larger tasks and faster speeds.

Read More

2024-06-12 20:32