Crypto startup Space and Time, based in California, has launched an advanced zero-knowledge (ZK) prover, Proof of SQL, designed to enhance on-chain transaction efficiency.
Previously available only to a few clients during its alpha phase last August, this high-speed ZK prover is now open to the public.
ZK provers play a vital role in cryptographic system privacy by allowing users to verify data or transactions without exposing additional information. However, they have been criticized for slowing down transaction execution.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe – We publish new crypto explainer videos every week!
Dr. Jay White, co-founder and head of research at Space and Time, explained the innovation behind Proof of SQL:
Our team pioneered sub-second ZK-proofs so that smart contracts and AI agents can ask questions about a chain’s activity, as well as off-chain data, and receive back trustless SQL query results on-chain during a transaction without having to wait for 30-minute proof times.
Furthermore, Proof of SQL offers a more optimized processing architecture for large-scale operations than traditional zk-Virtual Machines (zkVMs) and co-processors. Proof of SQL can process queries involving over 100,000 rows in less than a second using a single GPU unit. This allows faster and more extensive task execution when integrated into zkVMs on blockchains like Ethereum (ETH).
The launch of this new ZK prover represents a leap forward in blockchain technology. By reducing query times and enhancing processing efficiency, this innovation has the potential to revolutionize DeFi and on-chain transactions.
In other news, Vitalik Buterin has recently suggested using ZK technology for “likes” on Farcaster, an Ethereum-based decentralized social media.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
