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Space and Time launches zero-knowledge proof tool for its decentralized database platform. Decentralized Web3 data service Space and Time has tapped into zero-knowledge proof (ZK-proof) technology to cryptographically verify information queries within its ecosystem. The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query within its decentralized data network, allowing users to trust that a data query is accurate and has not been manipulated. Space and Time intends for the service to provide tamper-proof on-chain and off-chain data to blockchain service s, advanced computing, artificial-intelligence and large language models. Space and Time co-founder Jay White told Cointelegraph that the innovation could prove useful across a range of blockchain-based solutions including financial service s, retail, healthcare and gaming: “We believe that data will enhance the interoperability between the on-chain and off-chain ecosystems, fost...

Cross-chain DeFi platform Symbiosis has integrated zkSync to improve transaction speed and reduce fees on its automated market-making protocol. Cross-chain automated marker maker Symbiosis has onboarded layer-2 scaling protocol zkSync to improve speed and reduce fees of token swaps on its platform. The decentralized exchange (DEX) was launched in March 2022. It provides single-sided stablecoin pools that deliver zero impermanent loss to liquid providers. It also facilitates ‘any-to-any’ native asset swaps on its platform across Ethereum Virtual Machine (EVM) and non-EVM networks. Nick Avramov, co-founder of Symbiosis, told Cointelegraph that the integration of zkSync will provide one-click swaps from Ethereum, Polygon, Avalanche, BNB, Telos and other blockchains into zkSync and back. The additional functionality also removes the need for users to switch between different wallets and interfaces. Avramov also confirmed that the integration improves the variety of token swaps through it...