Space and Time introduces foundation to drive ZK-proven data adoption

April 29, 2025
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Space and Time introduces its foundation to drive the protocol forward, with governance, grants, and more. Space and Time, a decentralized database platform focused on zero-knowledge proofs, is changing its governance structure. On Tuesday, April 29, the blockchain startup introduced the Space and Time Foundation as an independent organization in charge of the ecosystem. Introducing the Space and Time Foundation. The Foundation will work alongside the Space and Time community to empower developers to build the next generation of crypto apps with ZK-proven data. https://t.co/GuW1u0i5ZN pic.twitter.com/KTFuY7tqYg — Space and Time (@SpaceandTimeDB) April 29, 2025 Originally launched in 2024, the Foundation was just now formally introduced. It will serve as a non-profit arm of the protocol, leading its long-term development and decentralization. The Foundation will have its own board of directors and will gradually assume control over the protocol. Space and Time Foundation to focus on grants, scaling The Foundation will focus on the grants for developers, growing the community, and protocol transparency. What is more, it will also focus on achieving global scale, both in terms of its technology and legal issues. At the same time, Space and Time Labs, the company behind the protocol, will change its name to MakeInfinite Labs. The for-profit arm of the protocol will focus on research and development, enterprise clients, and technology. You might also like: Karak integrates Space and Time to power trustless rewards Space and Time is a decentralized data platform built on the blockchain. What sets it apart is that data queries come with zero-knowledge proofs, increasing trust in the system. This enables the data on the network to be verifiable and secure. Its key innovation is “Proof of SQL,” which creates a ZK proof with each query to the database. While queries are run off-chain, the generated ZK proof is submitted to a smart contract on the blockchain, verifying the data without ever seeing it directly. At the same time, ZK proofs also enable applications to scale more efficiently, because most data transfers don’t happen on-chain. Instead, the blockchain serves as a registry of zero-knowledge proofs to verify the integrity of the data. You might also like: Space and Time debuts sub-second ZK prover

Original article from crypto_news


Source: crypto_news
Published: April 29, 2025

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