Real-Time Blockchain Data Now Available in Fabric

This integration empowers Microsoft Fabric users to build data-driven Web3 applications, smart contracts, AI models, and financial analytics tools. Leveraging its proprietary Proof of SQL technology, Space and Time ensures that blockchain data is processed using zero-knowledge (ZK) proofs, delivering tamper-proof and verifiable insights. This brings a new level of trust and efficiency to blockchain analytics.

Deepening Strategic Ties Between Microsoft and Space and Time

Backed by Microsoft’s venture arm M12, which contributed to a $20 million Series A round in 2024, Space and Time has become a key ally in Microsoft’s push toward Web3 innovation. According to Sruly Taber, Principal Product Manager at Microsoft Fabric, this integration equips not only developers but also enterprises with robust tools to build scalable, blockchain-enabled applications.

Unlocking New Possibilities in Blockchain, AI, and Data Applications

With the integration now live, Fabric users can access cross-chain blockchain datasets for various advanced use cases. These include AI-powered systems, gaming platforms, digital identity frameworks, and rules-based engines, all of which rely on secure, real-time data. The solution supports both on-chain and off-chain environments, giving developers flexibility across architectures.

Nate Holiday, CEO of Space and Time, emphasized that this collaboration will enable a wide range of new opportunities across financial services, artificial intelligence, and Web3 by delivering reliable and high-integrity data within the Microsoft ecosystem.

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What Is Space and Time (SXT) and What Does It Do?

Space and Time (SXT) through its sub-second ZK co-processor, Proof of SQL, smart contracts can query complex questions about on-chain or cross-chain activities and receive ZK-verified answers in the next block. This paves the way for next-generation smart contracts capable of real-time operations with both on-chain data (transactions, blocks, smart contract events, etc.) and off-chain data from your applications.

SXT is an ideal platform for building a more robust on-chain economy and sophisticated on-chain applications.

• On-Chain and Off-Chain Data Integration: Combines indexed blockchain data from major chains like Ethereum, Bitcoin, ZKsync, Polygon, Sui, and Avalanche with your application’s data or other off-chain datasets.
• SQL Data Transformation: Use a familiar SQL interface to query on-chain and application activities. Create dashboards and analytics in Space and Time Studio, or generate AI-powered queries with natural language commands.
• ZK Verification: Proof of SQL delivers query results to smart contracts with verifiable ZK proofs, ensuring fast and secure large-scale data processing.
• Versatile Publishing: Publish datasets and queries to APIs, dashboards, applications, or smart contracts, enabling data-driven, impactful next-gen applications.

What Can You Do with Space and Time?

Developers use Space and Time to:

• Data Connection: Link indexed on-chain data and your app’s off-chain data in real time. Supported chains include Ethereum, Bitcoin, Polygon, and more, with new chains continuously added.
• SQL Data Processing: Analyze data via the SQL interface in Space and Time Studio or create queries using the AI chatbot with natural language.
• ZK-Proven Results: Proof of SQL sends query results to smart contracts with sub-second ZK proofs for fast, reliable transactions.
• Data Publishing: Share queries and datasets to APIs, dashboards, on-chain apps, or other databases for versatile use cases.

With Space and Time Studio, you can:

• Data Exploration and Visualization: Instantly explore indexed blockchain data, run queries, create tables, and upload your own data.
• Natural Language Queries: Use the OpenAI-powered Houston chatbot to generate SQL queries with commands like “Show me all wallets that bought from my NFT collection.”
• Custom Dashboards: Publish queries to APIs, dashboards, or on-chain apps, and create branded, customized dashboards.

How to Connect to Space and Time

You can connect to Space and Time in two ways:

1. Direct Connection to the Decentralized Network:
   • Web3 Authentication: Secure, decentralized connection using ED25519 signature scheme and JWT (JSON Web Token). Users manage their private keys and authorize with biscuit tokens.
   • Advantages: Maximum security, flexibility, and Web3 compatibility.
   • Interfaces: Space and Time Studio (with Web3 wallet), REST APIs, CLI, SDKs (Python, Go, NodeJS), JDBC.
2. Gateway (Secrets Proxy) Connection:
   • Web2-Style Easy Access: Connect with username/password or API keys. Biscuit tokens are auto-generated, and permissions are configured via simple APIs.
   • Advantages: Simpler, traditional developer experience.
   • Interfaces: Space and Time Studio (username/password), REST APIs.

Blockchain Indexing and Data Models

Space and Time’s Blockchain Indexing Service:

• Real-Time and Historical Data: Captures and stores all events from every block of major chains in real time.
• Relational and Decoded: Blocks, wallets, NFT transfers, and more are transformed into query-friendly relational tables.
• ZK-Proven and Immutable: SXT is the only ZK-backed blockchain indexer, delivering tamper-proof data.
• Free: Indexed blockchain data is free with Space and Time usage.

Smart Contract Indexing:

• Create custom tables to index events emitted by your smart contracts. Enter the contract address in Studio to pull the ABI, auto-generate tables for each event, and populate the data.
• This enables tailored, efficient apps by combining on-chain, off-chain, and contract event data.

Data Models:

• Core Tables: Include blocks, transactions, event logs, and more for each chain.
• Event Indexing: Decodes smart contract events into separate tables for easy data use.
• Interactive Data Model Explorer: Explore chain data models in Studio’s “Datasets” tab and find data elements via the search bar.

Supported Chains:

• Bitcoin, Ethereum, ZKsync, Polygon, Avalanche, Sui.
• Coming Soon: Arbitrum, Base, BNB Chain, Optimism.

Off-Chain Data:

• Upload off-chain data from your app and combine it with blockchain data to build innovative applications like DeFi options or dynamic NFTs.

Pricing:

You only pay for compute in Space and Time. Storage, indexed blockchain data, OpenAI dashboards, OLTP + OLAP queries, Proof of SQL encryption, and more are always free.

SXT Token and Tokenomics

SXT Token Purpose: Space and Time aims to empower data-driven on-chain applications with a decentralized, ZK-proven database. The SXT token secures, coordinates, and facilitates value exchange in this system. Proof of SQL runs SQL queries on a single node, verifies them with ZK proofs, and delivers fast results to smart contracts. However, ensuring data input accuracy requires a validator network, which operates with SXT tokens:

• Staking: Validators stake SXT for data indexing and consensus, committing to honest behavior.
• Slashing: Stakes are slashed for incorrect data, downtime, or malicious actions.
• Security: Proof of SQL’s ZK proofs rely on commitments signed by SXT-staking validators.

Economic Model:

• Network Security:
  • Validator Stakers: Run nodes, verify data, and check queries.
  • Delegated Stakers: Stake tokens to validators and share rewards.
  • High-Quality Data Incentives: Table owners earn SXT for providing quality datasets.
  • Protocol Payments: SXT is used for querying, data ingestion, and verifiable compute. Payments are split between validators and table owners.

Token Details:

• Name: Space and Time (SXT)
• Contract Address: 0xE6Bfd33F52d82Ccb5b37E16D3dD81f9FFDAbB195
• Total Supply: 5,000,000,000

Distribution and Allocation:

• Team: 1,122,104,725 tokens (22.4%) – Distributed to MakeInfinite Labs and advisors.
• Investors: 1,295,350,000 tokens (25.9%) – For Seed, Strategic, and Series A investors.
• Community: 2,582,545,275 tokens (51.7%)
  • Community Rewards: 1,400,000,000 tokens (28%) – For retroactive claims, staking rewards, and developer grants. 375,000,000 tokens (7.5%) distributed on day one.
  • Ecosystem Development: 1,182,545,275 tokens (23.7%) – For partnerships, protocol development, and growth.

SXT Unlock Schedule:

• Community rewards: 100% unlocked on day one.
• Investor and team tokens: 15% cliff at 12 months, then 4-year linear vesting.
• Ecosystem development fund: 4-year linear vesting from day one.

Space and Time (SXT) Partners

Space and Time has established partnerships with leading companies like Microsoft, Chainlink, Polygon Labs, Wemix, Shrapnel, and Bitget, building a strong partner network.

Space and Time (SXT) Founding Team

The founding team of Space and Time includes Nate Holiday (CEO), Scott Dykstra (CTO), Jay White (Head of Research), and Craig Holiday (CFO). Additionally, Rika Khurdayan serves as the Chief Legal Officer (CLO).

Official Links

• Whitepaper: Space and Time (SXT) Whitepaper
• Discord: Space and Time (SXT) Discord
• X (Twitter): Space and Time (SXT) X

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What Is Space and Time (SXT)? What Does It Do? appeared first on Coin Engineer.