$SXT
📝 It is the native token of Space and Time, a decentralized network for data storage and verifiable computation using zero-knowledge proofs (ZK). Its main goal is to securely connect traditional enterprise data (off-chain) with smart contracts (on-chain), without the need for an intermediary to be trusted.
History and backing: Founded in 2022 in California by Nate Holiday and Scott Dykstra, the platform gained significant institutional traction after receiving strategic investment from Microsoft (M12), as well as firms such as Framework Ventures and HashKey. It integrated natively with Microsoft Azure and Chainlink to provide verifiable SQL queries for Web3 and artificial intelligence applications.
Key technology (Proof of SQL): Its main innovation is a ZK coprocessor that enables smart contracts to run complex analytical queries over large volumes of data, cryptographically guaranteeing that the results have not been tampered with.
SXT token data and utility: The token is used to pay for data queries and computation on the network, for staking by validator node operators to ensure the integrity of proofs, and for participation in protocol governance.
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#SXT
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📝 It is the native token of Space and Time, a decentralized network for data storage and verifiable computation using zero-knowledge proofs (ZK). Its main goal is to securely connect traditional enterprise data (off-chain) with smart contracts (on-chain), without the need for an intermediary to be trusted.
History and backing: Founded in 2022 in California by Nate Holiday and Scott Dykstra, the platform gained significant institutional traction after receiving strategic investment from Microsoft (M12), as well as firms such as Framework Ventures and HashKey. It integrated natively with Microsoft Azure and Chainlink to provide verifiable SQL queries for Web3 and artificial intelligence applications.
Key technology (Proof of SQL): Its main innovation is a ZK coprocessor that enables smart contracts to run complex analytical queries over large volumes of data, cryptographically guaranteeing that the results have not been tampered with.
SXT token data and utility: The token is used to pay for data queries and computation on the network, for staking by validator node operators to ensure the integrity of proofs, and for participation in protocol governance.
#BinanceSquare
#binancewritetoearn
#SXT
👍🏻 Like
📩 Share
📝 Comment
