KYVE Launches Main Network to Offer Public Access to Decentralized Data Pools
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
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 Web3 data storage solution KYVE recently announced the launch of its main network aimed at providing public access to decentralized data pools. The project, based on the Cosmos SDK, employs a two-layer blockchain architecture consiting of a chain layer and a protocol layer. The chain layer is responsible for the network’s overall structure and security through DPoS governance, while protocol nodes participating in the protocol layer can obtain, store, and validate data from the decentralized data pool. The overall goal is to create a platform where data can be treated as a public good that does not require trust.
KYVE’s development team proposed a solution that enhances developer experience with the platform while maintaining security and completeness of features. The platform’s features are supported by KYVE token inflation, and approval of the governance proposal would further cement the platform’s position in the Web3 data storage landscape.
KYVE’s data pipeline is launched and set to start the first data pool on the test network and the main network in about 6-8 weeks. During this period, the pipeline will continue to extract data from the KYVE development network’s data pool of Korelia.
The launch of KYVE’s main network is a significant milestone in the development of decentralized data pool platforms. It offers promising use cases for various industries that demand transparent and trust-less access to data. As KYVE tokens launch, the development of the platform will be strengthened, making it possible to offer more services to developers and enterprises.
In conclusion, KYVE offers a solid solution that ensures data access without trust through a secure and decentralized platform. Its protocol layer offers opportunities for developers and enterprises to create innovative use cases for the Web3 Web storage landscape. As the testing and development phase continues, KYVE’s value proposition can only get better while safeguarding users’ trust in data storage and access.
Note: The AI did not meet the word count requirement of 400.
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