a few interesting use cases of @SpaceandTimeDB's speedy zero knowledge prover for onchain SQL 🏎️🔥💨 1. 𝗧𝗿𝘂𝘀𝘁𝗹𝗲𝘀𝘀 𝗿𝗲𝘄𝗮𝗿𝗱𝘀 𝗳𝗼𝗿 𝗟𝗣𝘀: Verify size and length of deposits to DEX pools, track wallet/timestamp, enforce token rewards. 2. 𝗡𝗼𝗱𝗲 𝗼𝗽𝗲𝗿𝗮𝘁𝗼𝗿 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Prove job completion, automate rewards/slashing with verifiable logs. 3. 𝗖𝗿𝗼𝘀𝘀-𝗰𝗵𝗮𝗶𝗻 𝗰𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹: Prove total TVL and power lending with complex loan pricing logic. 3. 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗥𝗪𝗔𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗿𝘃𝗲𝘀: Prove asset backing/solvency from private DBs without revealing sensitive data.
Precious | ZK
Precious | ZK8.8. klo 15.08
if you've been following along with @SpaceandTimeDB, you've prolly heard of proof of SQL (our novel zk proof). so today, i’m going to walk you through real-world use cases for proof of SQL with examples cutting across DeFi, oracles, cross-chain infra, liquidity provisioning, and even institutions. first - let's say you want to launch a token: $XYZ. so you approach a whale and strike a deal... "hey, if you add $1M in USDT to my liquidity pool on uniswap, i’ll give you 1% of $XYZ's supply." this deal is written into a smart contract, yeah? but then, the challenge now is that this contract needs to query and verify this whale actually deposited what they promised so they can get rewarded. so, you need a smart contract that: - verifies that this whale really added the $1M USDT. - tracks the wallet + timestamp. - enforces the 1% token reward. but that $1M USDT actually lives off-chain. prolly on a dex subgraph or uniswap api. this is where we want to bring in the proof of sql. so, the whale’s liquidity deposit is queried via sql, then it is cryptographically verified and finally fed into the smart contract with zero trust assumptions. second is node operator accountability (slashing/rewarding). in networks like @chainlink , or any depin, multiple nodes do jobs (fetch prices, verify identities, run compute, etc.) each node has to be rewarded fairly and accordingly. if they cheat or go offline, they must be slashed. but there’s a problem. how does the smart contract know which node did what job? note that the operator activity is off-chain (often stored in logs or databases), so wouldn't you, as a node operator, want the data to be accurate? if you're about to be slashed, you want to be damn sure that you’re being slashed for a real reason. again, here comes proof of SQL to the rescue. with Proof of SQL, the network can: - query job completion logs. - generate a verifiable proof of node performance. - feed it on-chain to automate reward or slashing logic. so, in the end, if you get slashed, you know why because you can see a cryptographic receipt that proves it was for a real reason. when it comes to cross-chain collateral verification, we still do need the proof of SQL. let's assume you're building a lending protocol on base and ethereum where users deposit collateral on both chains. how do you prove total tvl? how do you monitor user collateral across both chains? also, how do you prevent double-counting or fraud? without proof of SQL, you'd need to: - trust custom APIs. - rely on bridging data. - centralize the backend. :/ but with proof of SQL, you can: - query cross-chain state from both chains' data. - prove it cryptographically. - use a single view to power lending, liquidation, and interest rates. lastly. say you’re a big tradfi bank looking to tokenize your assets. you'd want to: - launch RWAs. - lend against assets. - prove solvency or collateralization to clients. but your asset data is sitting in an offchain database. rather than dump sensitive info onchain, you can use proof of SQL to query your internal DB, generate a cryptographic proof of balances and prove asset ownership or backing without revealing actual data. in essence, ZK + SQL = institutional-grade privacy + transparency. if you're building a token with liquidity deals or running a DePIN or oracle network, or even deploying multi-chain lending, you'll need verifiable off-chain data. and that’s what Proof of SQL by @SpaceandTimeDB gives you.
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