$KYVE Archives - Smart Liquidity Research https://smartliquidity.info/tag/kyve/ Crypto News & Data Space Thu, 09 May 2024 16:26:33 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.6 https://smartliquidity.info/wp-content/uploads/2021/03/cropped-512-1-1-32x32.png $KYVE Archives - Smart Liquidity Research https://smartliquidity.info/tag/kyve/ 32 32 KYVE and Warden Partnership https://smartliquidity.info/2024/05/09/kyve-and-warden-partnership/ Thu, 09 May 2024 16:23:13 +0000 https://smartliquidity.info/?p=92632 KYVE Network partners with Warden Protocol to archive and validate historical data, optimizing data infrastructure for the Buenavista Testnet with superior synchronization and accuracy.   Unleashing Data Potential with Cutting-Edge Technology Recognized for pioneering data archiving and access solutions, KYVE Network will establish a trustless data framework for Warden Protocol’s Buenavista Testnet. This partnership will […]

The post KYVE and Warden Partnership appeared first on Smart Liquidity Research.

]]> KYVE Network partners with Warden Protocol to archive and validate historical data, optimizing data infrastructure for the Buenavista Testnet with superior synchronization and accuracy.

 

Unleashing Data Potential with Cutting-Edge Technology

Recognized for pioneering data archiving and access solutions, KYVE Network will establish a trustless data framework for Warden Protocol’s Buenavista Testnet. This partnership will focus on archiving all historical data on the Warden Protocol, enabling full scalability for Warden Protocol, while also providing efficient and reliable data retrieval for queries or network syncing.

“By teaming up with KYVE, we can harness their advanced data management technology to not only store but also seamlessly synchronize and verify the vast amounts of data our testnet handles,” explained David Pinger, for Warden Protocol.

 

Strategic Benefits for the Warden Community

This collaboration between KYVE Network and Warden Protocol represents a convergence of expertise aimed at enhancing the blockchain infrastructure. The main benefits include:

  • Data Archiving: All historical data on the Warden Protocol will be systematically archived, ensuring it is safeguarded against loss and readily accessible for analysis.
  • Query Provisioning: The partnership ensures that data for any queries will be readily available, enhancing the responsiveness and flexibility of the Buenavista Testnet.
  • Data Verification: At any time, the accuracy and integrity of data can be verified, bolstering trust and reliability in the data provided by the Warden Protocol.
  • Node Synchronization: With KYVE’s tool KSYNC, node synchronization to any historical height can be executed at unprecedented speeds, significantly reducing downtime and enhancing network performance.

 

A Leap Forward for Warden Protocol in its Data Management

This partnership represents a significant step for Warden Protocol, emphasizing its commitment to advancing blockchain data management. By integrating KYVE Network’s technology, Warden Protocol sets a new benchmark in data handling within the blockchain realm, focusing on enhancing the functionality and user experience of its Buenavista Testnet. For example, this integration promises to synchronize nodes at lightning speed, enhancing the overall efficiency and reliability of the network – great plus also for all builders and validators on Warden’s testnet!

 

“A key focus for us in this strategic alliance with KYVE is to leverage their robust data archiving and synchronization technology to dramatically elevate the capabilities of our testnet,” remarked Antonio Pitasi. “This enhancement ensures our users gain access to the most reliable, fast, and transparent data services available today.” With the community’s keen anticipation, the deployment of these sophisticated data solutions promises a more efficient, secure, and streamlined blockchain environment, tailored specifically to the needs of Warden Protocol’s users.

 

KYVE Network and Warden Protocol are integrating technologies to boost efficiency and security in blockchain data management. The Buenavista Testnet is the start, with plans to expand innovations to wider blockchain applications and networks.

 

About KYVE Network

The KYVE Network is revolutionizing customized access to on- and off-chain data by providing fast and easy tooling for decentralized data validation, immutability, and retrieval.

Website | Twitter

 

About Warden Protocol

The Warden Protocol is a modular L1 blockchain for omnichain applications, “OApps”. IEmpowering developers to launch secure OApps effortlessly, its mission includes providing modular infrastructure for security, interoperability, and chain abstraction.

Website | Twitter

 

REQUEST AN ARTICLE

The post KYVE and Warden Partnership appeared first on Smart Liquidity Research.

]]> KYVE raised $9M in funding https://smartliquidity.info/2022/07/01/kyve-raised-9m-in-funding/ Fri, 01 Jul 2022 15:42:45 +0000 https://smartliquidity.info/?p=71728 KYVE raised $9M in a funding round to support its upcoming mainnet launch and the ongoing expansion of our Web3 data lake.  This round was led by key players such as Distributed Global, Wicklow Capital, IOSG Ventures, Anagram (Joseph Eagan & Lily Liu), Cerulean Ventures, Huobi Incubator, and MEXC. In less than a year, KYVE’s protocol activity has grown exponentially, […]

The post KYVE raised $9M in funding appeared first on Smart Liquidity Research.

]]> KYVE raised $9M in a funding round to support its upcoming mainnet launch and the ongoing expansion of our Web3 data lake. 

This round was led by key players such as Distributed Global, Wicklow Capital, IOSG Ventures, Anagram (Joseph Eagan & Lily Liu), Cerulean Ventures, Huobi Incubator, and MEXC.

In less than a year, KYVE’s protocol activity has grown exponentially, now with 950 active nodes (850 protocol nodes, and 100 chain nodes), more than 23.7M on-chain events, and 182,000 bundles of data created. Our community has also grown strong, with now over 130,000 members across our media channels.

“Decentralized and validated data archiving is the cornerstone of a successful Web3 product because it allows it to scale. The framework KYVE is building across chains allows developers to collect and categorize data from a truly decentralized environment. Instead of relying on centralized snapshots, KYVE Network is powered by decentralized uploaders and validators, therefore respecting the original Web3 ethos.” —Fabian Riewe, co-founder of KYVE.

A Successful Third Round

No matter the market situation, looking toward the future is imperative. This is precisely what the companies who participated in this funding round are doing, supporting KYVE in bringing forward the future of data reliability and decentralization.

“We are very excited to lead the KYVE round. We believe KYVE will be an essential building block of the crypto industry by providing an ever-growing library of decentralized, cross-chain, and trusted data feeds that any dApp can leverage. By leveraging KYVE and skipping the time-consuming process of building their own data management infrastructure, companies will be able to build and iterate at a pace never before seen,”—Herve Bizira, Partner at Distributed Global.

Furthermore, KYVE is on a mission to enable developers and projects to scale without data restraints. A major part of the proceeds will be directed toward continuing the growth of KYVE’s Web3 data lake. It will bring on more integrations and unique use cases to benefit Web3 scalability.

USES OF FUNDS

The platform also aims to use part of the fundraising proceeds to help grow its team. Bringing on more senior members in the engineering, marketing, and finance sectors.

For KYVE, the upcoming months will be filled with exciting events. On a more short-term range, they will soon be completing Phase 2 of Mission Korellia, the last stage of its incentivized testnet. They have already learned a lot from its developer and node community. They also look forward to having them test out more KYVE features.

WHAT’S NEXT FOR KYVE

Next up for KYVE will be more unique use cases and integrations with L1 and L2 projects. The releases of new products, its Token Generation Event (TGE), the first CEX/DEX listings, and of course, the mainnet launch.

ABOUT KYVE Network
KYVE is the Web3 data lake solution. A protocol that enables data providers to standardize, validate, and permanently store blockchain data streams. By leveraging permanent data storage solutions like Arweave, KYVE’s Cosmos SDK chain creates permanent backups. It also ensures the scalability, immutability, and availability of these resources over time.

Website | Twitter

RESOURCES
Medium

The post KYVE raised $9M in funding appeared first on Smart Liquidity Research.

]]>