Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

zkSync welcomes AI data warehouse as latest addition to hyperchain

BlockworksBlockworks2024/03/14 22:37
By:Blockworks

zkSync will now have its own dedicated AI data warehouse layer

Space and Time (SxT), a decentralized data warehouse that uses artificial intelligence to train its data models, will be launching its network on a zkSync hyperchain.

Blockchain networks often operate in silos, having limited interoperability with other chains. zkSync hyperchains offer a solution by providing an open-sourced framework specifically designed for zk rollups and layer-3 networks. This enables the creation of interconnected ecosystems through decentralized sequences that allow for more efficient transaction processing.

Moreover, hyperchains incorporate hyperbridges, which facilitate seamless asset and data transfers across different blockchains. By addressing interoperability challenges, zkSync hyperchains are able to streamline transactions, reduce fees and foster a more scalable blockchain ecosystem.

Read more: ZkSync launches rival to Optimism’s OP Stack

SxT is used to aggregate and analyze blockchain data, which can then be sent back to smart contracts. The data platform will deploy as a zero-knowledge proof (ZKP) verifiable compute layer (VCL), and ensure that accurate, verifiable and tamper-proof information is being funneled through to smart contracts and enterprises.

Vassilis Tziokas, the head of enterprise business development at Matter Labs, the infrastructure team behind zkSync, wrote in a press reviewed by Blockworks that SxT will be introducing to new novel ideas to zkSync, including “a decentralized data warehouse and the Proof of SQL protocol.”

This combination, Tziokas believes, will enable zero-knowledge verification queries to ensure that raw data and query results can not be manipulated.

Read more: ZK Stack developers can now build custom ‘hyperchains’ on Ethereum

“We’re excited to partner with SxT and advance our shared vision of offering developers sophisticated, data-driven, cross-chain smart contracts,” Tziokas said.

As part of the launch, some new features will also be introduced. This includes providing zkSync data from both zkSyncEra and hyperchains to develop on the platform free of charge. Developers will be liable only for the compute that is used to execute queries, without needing to pay for storing and indexing data.

“Given our commitment to zk, we knew we wanted to leverage a zkEVM as our network’s dedicated settlement layer. zkSync is best-in-class in fulfilling the vision of trustless layer-2s, offering extremely fast and low-cost zk-proven transactions,” Scott Dykstra, co-founder and chief technology officer of SxT said in a statement.

Don’t miss the next big story – join our free daily newsletter .

Tags
  • Artificial Intelligence
  • smart contracts
  • zero-knowledge proof
  • zksync
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Solana’s Active Addresses Drop to 1.44M as SOL Rebounds to $141

Coinedition2024/07/09 23:40

Bitcoin continues to outperform Ethereum – Is an ETF enough of a catalyst?

Share link:Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Cryptopolitan2024/07/09 22:37

Polkadot 2.0: The Next Evolution in Multi-Chain Technology?

DailyCoin2024/07/09 22:37

Ethereum Price Surges as Market Anticipates ETF Listing, Will ETH Reach $10,000?

Newscrypto2024/07/09 22:01

‌Spot copy trading

More
AIOnline
AIOnline
insight999/1000
10021.3%
ROI
Total profit $51108.61
WhaleGo_YouTube
WhaleGo_YouTube
insight500/500
1335.24%
ROI
Total profit $3877.04

Bot copy trading

More
Morgee
Morgee
insight80/150
$16485.01
Total profit
Total subscriber profits $-226.44
GoldenEgg
GoldenEgg
insight148/150
$3228.53
Total profit
Total subscriber profits $-284.87