Blockchain development is going to become more intelligent in the future. Leading Ethereum scaling provider zkSync has announced that Space and Time (SxT), a decentralized artificial intelligence-powered data warehouse, has been integrated into its hyperchain network.
By giving developers the resources they need to create cutting-edge, data-driven applications, this partnership has the potential to completely transform the blockchain development industry.
Blockchains have always suffered from data silos, which has hampered interoperability and restricted the use of smart contracts. These obstacles are removed by the hyperchain design of zkSync, allowing for networked ecosystems. Hyperbridges, which enable smooth asset and data transfers between many blockchains, are a component of hyperchains.
With its state-of-the-art AI capabilities, SxT enters the picture and is intended to train and optimize data models within the decentralized data warehouse. Blockchain data is collected and analyzed using it, and the results can be sent back into smart contracts.
As a zero-knowledge proof (ZKP) verifiable compute layer (VCL), the data platform will be deployed to make sure that correct, verifiable, and unchangeable information is fed to smart contracts and businesses.
With the additional layer of sophistication this integration offers, developers can now take use of rich datasets and have access to a potent toolkit for creating apps that are more intelligent and effective.
“A decentralized data warehouse and the Proof of SQL protocol are two new novel ideas that SxT will be introducing to zkSync,” stated Vassilis Tziokas, head of enterprise business development at Matter Labs.
According to Tziokas, this combination will allow for zero-knowledge verification queries, which will guarantee that neither the raw data nor the query answers are manipulable.
“We’re thrilled to collaborate with SxT and further our shared goal of providing developers with advanced, data-driven, cross-chain smart contracts,” he continued.
Some new features, such as free zkSync data from zkSyncEra and hyperchains to develop on the platform, were included with the launch. Developers won’t have to pay for data storage or indexing they will only be responsible for the computing power utilized to carry out queries.
We were certain that we wanted to use a zkEVM as our network’s dedicated settlement layer because of our dedication to zk. According to a statement from Scott Dykstra, co-founder and chief technology officer of SxT, “zkSync is best in class in realizing the vision of trustless layer-2s, providing incredibly fast and low-cost zk-proven transactions.”