Hello #Cardano community, we are excited to introduce Sky Protocol, a universal data availability layer 2 protocol powered by Cardano, the world’s premiere decentralized smart contract platform.

🚀 Update 🚀 Big thanks to everyone for your support! 🙌 If all goes well, our API will be ready in the next couple of weeks. We're making solid progress and will keep you updated every step of the way. Stay tuned—exciting things ahead! 🔥

🚀 Sky Protocol use cases: cross-chain data availability 🌉 SP acts as a blockchain-agnostic bridge, allowing multiple chains to access, share & verify data seamlessly. True multi-chain interoperability starts here! ➡️ #SkyProtocol #Cardano #Blockchain

@IOHK_Charles Oh Hi there! Why we would love to participate of course!

📂 Another use case: enterprise-grade data storage Sky Protocol provides cost-effective, scalable off-chain storage, perfect for businesses securing large datasets while keeping key validations on-chain. Learn more in our whitepaper 👉

🚀 🔗 Real-world application: supply chain transparency Sky Protocol enables secure, real-time tracking of goods & logistics data on Cardano. Businesses can prevent fraud & ensure supply chain integrity with tamper-proof records. #SkyProtocol #Cardano #SupplyChain #Blockchain

🚀 Fired up for what’s coming! 🔥 Early Feb – Our API goes live, opening doors for seamless integration. 🔥 Later in Feb – The SKY Testnet launches, letting users experience real-world performance & give feedback. This is a major step toward scalability for #Cardano & beyond.

🚀 What makes SP different? 🧩 Modular dApps – Choose consensus, validation & data availability for a custom fit. 📡 Next-gen data availability – No sampling gimmicks, real PoS-secured validation. 🔗 Interoperability – Bridges that connect all major blockchains seamlessly.

Volatility is temporary. Our vision is not.

@bobpotato362121 We have the capability to make Cardano a PayPal-like system, but for that to happen, a high-quality app would need to be developed as a payment platform. One thing is certain: scaling solutions are essential to make this work.

🔟 Final notes Sky Protocol is moving forward stronger than ever. Thanks to everyone following our journey. Check out the update in full detail here: #SkyProtocol #Cardano #Blockchain #Crypto #Layer2

9️⃣ What's next? Working on node distribution with sales starting soon. Developing a tokenless version for other blockchains—users on different chains can use Sky Protocol, but $SKY remains Cardano-native.

8️⃣ Progress updates 📈 We’re ahead of schedule on a few tasks and completed Catalyst 12 milestones. API release is expected in February 2025, despite delays due to external challenges. Testnet is on track for Q1 2025.

7️⃣ Languages we're using 🖥️ Our core code is written in Haskell for reliability (a Cardano favorite). While some less critical parts are in JavaScript, this ensures flexibility while maintaining the best tools for the job.

6️⃣ Building bridges 🛠️ We’re developing a bridge between Sky Protocol and Cardano, letting smart contracts verify the authenticity of stored data. Think of it as a secure tunnel connecting the library to the outside world.

5️⃣ What is Merkleization? 🔐 Merkleization ensures safety by adding a unique "fingerprint" to every branch of the data tree. It’s like having a security guard ensuring no book in the library is misplaced or altered. Safety first, always.

4️⃣ About trie structures 🌲 A trie organizes data like a perfectly sorted library. Even with millions of "books," you can instantly find what you need. This is how we make Sky Protocol scalable, addressing blockchain’s biggest challenge.

3️⃣ Key Concepts from this month's work We’re using: Trie Structures: A data "tree" for fast access, even with millions of entries. Merkleization: Adds tamper-proof fingerprints to the data tree. Bridges: Secure links between Sky Protocol & Cardano smart contracts.

2️⃣ Reminder: What is Sky Protocol? SP is a secure and affordable way to store and share massive amounts of data. Built on Cardano, it’s designed for scalability, safety, and interoperability. Think of it as the ultimate library for data—organized, efficient, and tamper-proof. 📚