Sui Blockchain Forms Partnership with Space and Time for Enhanced Data Accessibility November 8, 2023 November 8, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 8, 2023 by Kelly Cromley

Sui Blockchain Forms Partnership with Space and Time for Enhanced Data Accessibility

Sui, the Layer 1 blockchain, has recently unveiled a strategic collaboration with Space and Time (SxT), a verifiable compute layer, aimed at providing developers within the Sui network seamless access to off-chain data. Additionally, SxT has been designated as the preferred data repository for the Sui ecosystem while offering a comprehensive suite of zero-knowledge-proof-based (ZK) tools to Sui developers. The partnership promises to empower developers to build secure, data-driven decentralized applications (dApps) and games by integrating independently verifiable on-chain and off-chain information.

Sui, led by a team of researchers who were instrumental in Facebook’s Libra and Diem projects, launched its mainnet in May, providing a conducive environment for developers to create dApps and games that emphasize true ownership of in-game assets. Sui’s appeal lies in its low fees, swift transactions, and highly scalable storage capabilities, making it an attractive platform for developers.

Facilitating Data Access and Integration:

The collaboration with Space and Time offers Sui developers access to essential ZK tools required to build secure, data-oriented dApps and games. In this partnership, Space and Time takes on the role of Sui ecosystem’s favored data repository. Developers can take advantage of SxT’s compute packages, granting them access to the data warehouse’s preloaded, relational ZK-indexed Sui data, which can be seamlessly integrated into their projects. An additional boon for developers is Space and Time’s recent introduction of a Pay-per-Compute pricing model, ensuring they only incur charges for the queries they execute.

Empowering Data-Driven Smart Contracts:

Developers can now harness the capabilities of SxT’s verifiable compute layer to construct zero-knowledge-based smart contracts that offer security, verifiability, and data-driven functionalities. SxT introduces an innovative ZK-proof, known as Proof of SQL, which guarantees the accuracy and immutability of queries. This breakthrough empowers smart contracts with the ability to conduct scalable computations in a reliable and auditable manner.

Enhancing Analytical Insights:

Space and Time takes data analytics a step further, allowing developers to perform in-depth analyses of in-game and on-chain activities. This analytical capability becomes a valuable tool in improving their understanding of in-game events, which can ultimately influence on-chain transactions. Furthermore, smart contracts on Space and Time support query functions based on in-game events, enabling the minting of player rewards.

This partnership between Sui and Space and Time heralds a new era for Sui developers, providing them with the essential tools and resources to craft decentralized applications and games that are not only secure and verifiable but also data-driven. With the integration of Space and Time’s innovative ZK tools and data accessibility, the Sui ecosystem is poised to witness an influx of creative and secure dApps and games, ushering in a promising future for the world of blockchain technology.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.