Web3 data storage solution KYVE main network is now online
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.
Interpretation of this information:
The announcement on March 18th revealed that the KYVE data storage solution had launched its main network, and had proposed another innovative solution based on the Cosmos SDK to enhance developer experience. The aim of this is to create a public product that does not require trust, making data easily accessible. The KYVE blockchain is divided into two layers, with the chain layer acting as a backbone that governs and maintains the overall structure, while the protocol layer acts as a decentralized data pool that allows nodes to obtain, store and validate data. The KYVE governance proposal was approved on March 21st, which ensures that KYVE’s main network features are more complete and secure. The KYVE tokens will be launched soon, and the KYVE data pipeline has also been launched, set to take 6-8 weeks for the first data pool to start on test and the main network. The data pipeline will extract data from the data pool of Korelia, KYVE’s development network.
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