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KYVE Launches Web3 Data Storage Solution

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KYVE Launches Web3 Data Storage Solution

On March 18th, it was announced that the main network of the Web3 data storage solution KYVE has now been launched, and another innovative solution based on the Cosmos SDK has been proposed to enhance the developer experience. The goal is to make data a public product that does not require trust. The KYVE blockchain is divided into two layers: the chain layer and the protocol layer. The chain layer is the backbone of KYVE, protecting the network through DPoS, governing and maintaining the overall structure. The protocol layer acts as a decentralized data pool, and protocol nodes can participate in obtaining, storing, and validating data. On March 21st, KYVE’s inflation support governance proposal will be approved to ensure that KYVE’s main network features are more complete and secure. The next step is to launch KYVE tokens. At the same time, the KYVE data pipeline has also been launched, and it will take 6-8 weeks for the first data pool to start on the test network and the main network. During this period, the data pipeline will continue to extract data from the data pool of Korelia, the KYVE development network.

Web3 data storage solution KYVE main network is now online

Analysis based on this information:


The announcement made on March 18th indicates that KYVE has successfully launched the main network of their Web3 data storage solution, a revolutionary move aimed at enhancing the developer experience. The KYVE blockchain is bifurcated into two layers: the chain layer and the protocol layer, with the chain layer serving as the backbone of the entire system, while the protocol layer acts as a decentralized data pool. The protocol nodes are instrumental in obtaining, storing, and validating data, making it a public product that does not require trust.

KYVE intends to ensure that the main network features are complete and secure, which it plans to achieve by approving the inflation support governance proposal scheduled for March 21st. The following step is to launch KYVE tokens that will enable users to buy and sell the network’s services. Furthermore, KYVE has launched the KYVE data pipeline that is expected to take about 6-8 weeks before the first data pool starts on the test network and main network.

The KYVE data storage solution will revolutionize the way data is stored and managed, providing a more secure, decentralized, and reliable platform for data storage. Its data pool, governed by protocol nodes, ensures that the data is validated and verified, promoting transparency, trust, and decentralization.

Overall, KYVE has taken a significant step towards providing a reliable, decentralized, and trustworthy data storage solution, which is in line with the growing demands of Web3. The KYVE blockchain ensures that data is public and does not require trust, promoting transparency and trust, thus contributing to the advancement of a truly decentralized ecosystem.

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