Coinbase Rosetta API Support Kava Network
Coinbase Rosetta API Support Kava Network. Rosetta is an open standard designed to simplify blockchain deployment and interaction. Spend less time on integration and more time on novel blockchain advancements.
The Data API provides the ability to access blocks, transactions, and balances of any blockchain in a standard format. The Rosetta APIs make a set of explicit design choices to enable simpler, faster, and more reliable blockchain integrations. We highly recommend reading about the design principles to familiarize yourself with these choices prior to building with Rosetta.
Transaction facilitation via the Rosetta API is made up of two core components, the Data API and the Construction API. Together, these APIs allow for anyone to read and write to blockchains in a standard format over a standard communication protocol. You can find the specifications for these APIs in the rosetta-specifications repository and the Full Reference document on this website.
The Kava Network is the first Layer-1 blockchain to combine the speed and scalability of the Cosmos SDK with the developer support of Ethereum. The Kava Network will empower developers to build for Web3 and next-gen blockchain technologies through its unique co-chain architecture. KAVA is the native governance and staking token of the Kava Network, enabling its decentralization and security.
What the Kava Network enables
- Seamless interoperability
The Ethereum and Cosmos Co-Chains interoperate seamlessly with each other, empowering developers to build in whichever environment they want without sacrificing access to the users and assets of the other.
- Optimized scalability
The Kava Network’s unique architecture enables the free flow of users, assets, and projects between Kava and the industry’s most relevant ecosystems at scale, all powered by the lightning-fast Tendermint Core consensus engine.
- Rapid ecosystem growth
Innovative and transparent on-chain incentive programs ensure that the best builders in the Ethereum and cosmos ecosystems are properly getting rewards for driving growth for the Kava Network.
The KAVA token is integral to the security, governance, and mechanical functions of the platform. There are three main use cases for the KAVA token. KAVA is use for proposals and voting on critical parameters of the Kava Network.
This includes but does not limit to the types of supported assets and Dapps, their debt limits, and acceptable assets to use as debt collateral, collateral ratio, fees, and the savings rate for various financial instruments introduced to the network. The KAVA token is also used to vote on proposals that would affect the Kava Network SAFU Fund and treasury allocation, such as reward payouts for incentives programs.
ABOUT KAVA NETWORK
Kava is a lightning-fast Layer-1 blockchain. Featuring a developer-optimized co-chain architecture that combines the two most used permissionless ecosystems. This ecosystem is Ethereum and Cosmos – into a single, scalable, network.
Rosetta is an open-source specification and set of tools for blockchain integration. Rosetta’s goal is to make blockchain integration simpler, faster, and more reliable than using a native integration.