Space and Time SXT / Space and Time

## What Is Space and Time (SXT)? Space and Time is the Microsoft-backed blockchain for ZK-proven data. Powered by Proof of SQL, a sub-second ZK coprocessor, Space and Time allows smart contracts, AI agents, and onchain applications to query onchain and offchain data at scale and verify the results with cryptographic proofs. The foundation of Space and Time is a decentralized layer 1 blockchain where validators verify every piece of data that gets inserted into the network, updating and signing cryptographic commitments on the data before recording them onchain. Developers can query this data via Proof of SQL and receive back a trustless, tamperproof result onchain. Space and Time allows smart contracts to query over the full history of major blockchains and offchain sources in a verifiable way, enabling a new generation of sophisticated, data-driven onchain apps. The SXT token is deployed as an ERC-20 token on Ethereum and functions as the network's native utility token. SXT is used for staking, data processing payments, access control, and incentives for data contributors.

## How Many SXT Tokens Are There in Circulation? SXT has a fixed total supply of 5 billion tokens, all minted at genesis. At the time of launch, approximately 28% of the total supply will be in circulation. The initial circulating supply includes tokens allocated for validator rewards, ecosystem growth, and early usage incentives.

### Who Are the Founders of Space and Time? Space and Time was founded by Nate Holiday and Scott Dykstra. Nate Holiday is the CEO of MakeInfinite Labs, the original contributors to Space and Time, and strategic advisor to Bain & Company and Chainlink Labs. He previously ran global go-to-market and operations for Teradata, a multi-billion dollar enterprise data company. Scott Dykstra leads engineering and technical development for the Space and Time Foundation. He was previously Vice President of Cloud Engineering at Teradata, where he led the transition of the company’s flagship data warehouse product to the cloud. Nate and Scott bring decades of combined experience in enterprise data and infrastructure to the crypto space, pioneering the industry’s first trustless database. In 2022, they secured a funding round with Microsoft’s M12 Ventures as the lead investor.

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