What is KYVE
As the Web3 space expands, decentralized, completely accurate data becomes harder and harder for the public to access. Ultimately, this leads to major scalability issues due to difficulty in data access, and dangerous data inconsistencies from the lack of proper data validation before use.
In order to provide a trustless, more secure future for Web3’s data infrastructure, it’s imperative that we target these issues of data access and true validity. How? Via KYVE.
The KYVE Network is revolutionizing customized access to on- and off-chain data by providing fast and easy tooling for decentralized data validation, immutability, and retrieval.
With these tools, developers, data engineers, and others can easily and reliably access the trustless data they need in order to continue building the future of Web3.
KYVE’s Layer 1 blockchain
KYVE is its own PoS Layer 1 blockchain built with the Cosmos SDK. It has two layers: the Chain Layer, and the Protocol Layer, each with their own node infrastructure.
The chain layer is the backbone of KYVE and is an entirely sovereign Proof of Stake (PoS) blockchain built with/on Ignite. It’s run by independent nodes, which enable users to support and secure the KYVE blockchain.
Interested in running a chain node ?
Sitting on top of the chain layer is the Protocol Layer, which enables the actual use case of KYVE’s data lake. This includes data pools, funding, staking, and delegation.
The protocol layer has its own protocol nodes, which are responsible for collecting data from a data source, bundling and uploading it to any decentralized storage solution, and then validating it, keeping track of which data is truly valid for its users to tap into. This enables KYVE to store any data permanently and in a decentralized manner, creating a Web3 data lake.
Interested in running a protocol node ?
KYVE Network Stack
The KYVE Network Stack is currently made up of:
- KYVE, the Web3 data lake for fetching, storing, and validating data;
- Data Pipeline, our ELT pipeline for accessing KYVE data;
- More products coming soon.
Interact with KYVE
Accessing KYVE Data
KYVE’s trustless data is accessible to all for free. Currently, there are two ways to access KYVE’s trustless data.
One being via KYVE’s Data Pipeline. This is a no-code, customizable option for easily importing KYVE’s data into a preferred data backend before transforming the data into the format needed. For now, Data Pipeline pulls data from Korellia devnet. Once the protocol layer launches on mainnet, Data Pipeline will pull from the mainnet network.
The second option provides a native way to access data by coding your own solution using KYVE’s REST-API.
More solutions for accessing KYVE’s data will come in the near future.
Interested in accessing KYVE data ?
Storing Data Through KYVE
Storing data on KYVE is a completely customizable experience, enabling users to create a data pool, determine what data needs to be stored and validated as well as where to gather it and then where to store it.
KYVE is storage agnostic. By default, you can store data through KYVE onto Arweave, or code in your own storage solution. More storage providers are to be added in the near future.
Interested in storing KYVE data ?
To tie the network together, KYVE has its own native coin, $KYVE, which has multiple uses:
- On the chain level, $KYVE is used for staking and delegating, securing the network through Proof of Stake;
- On the protocol level, $KYVE is used for funding, staking, and delegating, providing security for uploaded data.
- On the governance level, $KYVE is used for submitting and voting on proposals, allowing stakeholders to have a say in the evolution and growth of KYVE.
Currently, $KYVE is not yet on the market. TGE was on March 14th, 2023. Visit our tokenomics to find out more regarding $KYVE utility, claims, and unlocks. Stay tuned for $KYVE’s official listing.
Interested in learning more about the tokenomics?
Partnered with KYVE
KYVE is currently partnered with:
- Polkadot & Kusama
- Sei Network