<100 subscribers
Share Dialog
Share Dialog
KYVE, an initiative that stores data streams with built-in validation, is expanding to Avalanche. This integration will allow developers to access and query on-chain data.
This integration, already on testnet and launching on mainnet in the upcoming months, will allow the Avalanche developer community to leverage KYVE’s extra layer of storage, and to store its data reliably and permanently. KYVE supports multiple blockchain architectures, making inter-chain computation easier.
KYVE bridges data from all three Avalanche blockchains running on the Primary Network (X, C, and P) and archives both blocks and transactions permanently and immutably on Arweave. Staked validators then ensure that this archived data is correct. If uploaded data is incorrect, the stake of the uploader gets slashed.
How the Avalanche development teams benefit from this integration:
As KYVE supports multiple blockchain architectures, inter-chain computation is made easier
Added data protection due to Arweave’s decentralization
The data uploaded is available and reliable as the uploaders and validators are incentivized to keep the system healthy.
“Working with Avalanche has definitely shaped our journey and helped us understand the real need of the market. We hope that the developer community within Avalanche will review our documentation and see how easy it is to create pools, query, and store the data in a very efficient and reliable way,” — Fabian Riewe, CEO of KYVE.
How KYVE works
KYVE’s network is powered by decentralized uploaders and validators. These nodes reside in pools, each pool focuses on archiving a specific data stream. Each pool is a decentralized autonomous organization (DAO) and is funded with KYVE tokens.
By staking and slashing KYVE tokens, the system ensures participants behave in harmony with the pools’ objectives, punishing misbehavior and rewarding valid entries. Uploaders and validators secure the validity of the data inside each pool:
Uploaders fetch data from a source and can perform computational work before storing it on Arweave.
Validators determine the integrity of the data and have the ability to vote on the slashing of an uploader’s stake if terms are not respected.
The nodes are incentivized by a unique staking system, which involves them locking their KYVE tokens while being active in the pool.
To learn more about how to run an incentivized validator to help grow the KYVE x Avalanche community, you can visit the following pages:
KYVE is a decentralized archiving and caching solution that allows modern blockchains and decentralized applications (dApps) to store and serve data reliably.
Website I Medium I Mirror I Twitter I Discord I Telegram I Linkedin
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is able to process 4,500+ transactions/second and instantly confirm transactions. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
KYVE, an initiative that stores data streams with built-in validation, is expanding to Avalanche. This integration will allow developers to access and query on-chain data.
This integration, already on testnet and launching on mainnet in the upcoming months, will allow the Avalanche developer community to leverage KYVE’s extra layer of storage, and to store its data reliably and permanently. KYVE supports multiple blockchain architectures, making inter-chain computation easier.
KYVE bridges data from all three Avalanche blockchains running on the Primary Network (X, C, and P) and archives both blocks and transactions permanently and immutably on Arweave. Staked validators then ensure that this archived data is correct. If uploaded data is incorrect, the stake of the uploader gets slashed.
How the Avalanche development teams benefit from this integration:
As KYVE supports multiple blockchain architectures, inter-chain computation is made easier
Added data protection due to Arweave’s decentralization
The data uploaded is available and reliable as the uploaders and validators are incentivized to keep the system healthy.
“Working with Avalanche has definitely shaped our journey and helped us understand the real need of the market. We hope that the developer community within Avalanche will review our documentation and see how easy it is to create pools, query, and store the data in a very efficient and reliable way,” — Fabian Riewe, CEO of KYVE.
How KYVE works
KYVE’s network is powered by decentralized uploaders and validators. These nodes reside in pools, each pool focuses on archiving a specific data stream. Each pool is a decentralized autonomous organization (DAO) and is funded with KYVE tokens.
By staking and slashing KYVE tokens, the system ensures participants behave in harmony with the pools’ objectives, punishing misbehavior and rewarding valid entries. Uploaders and validators secure the validity of the data inside each pool:
Uploaders fetch data from a source and can perform computational work before storing it on Arweave.
Validators determine the integrity of the data and have the ability to vote on the slashing of an uploader’s stake if terms are not respected.
The nodes are incentivized by a unique staking system, which involves them locking their KYVE tokens while being active in the pool.
To learn more about how to run an incentivized validator to help grow the KYVE x Avalanche community, you can visit the following pages:
KYVE is a decentralized archiving and caching solution that allows modern blockchains and decentralized applications (dApps) to store and serve data reliably.
Website I Medium I Mirror I Twitter I Discord I Telegram I Linkedin
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is able to process 4,500+ transactions/second and instantly confirm transactions. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
No comments yet