In a digital era where data is king,KYVEhas emerged as a pivotal force in blockchain infrastructure. In 2023, KYVE established its foundation, launched mainnet, released new tooling, and overall set new standards in the data space. This article unveils KYVE’s significant 2023 achievements, partnerships, and community growth, laying the groundwork for 2024.
Read on to get caught up, and be sure tofollow KYVEto stay tuned for all that’s to come…
The Year of Launches: Testnet, Foundation, Mainnet, & more
Forging Strategic Partnerships: Expanding KYVE’s Ecosystem
Watching Our International Community Grow To Over 170k
A Year of Unforgettable Events: Attending 80+ Events & Conferences
A Strong Base For Take Off: Looking Forward to 2024
The Year of Launches: Testnet, Mainnet, & more
TestnetTo ensure a smooth mainnet launch, KYVE released anew and improved testnet dubbed Kaonto provide an as close to mainnet replica for testing purposes. Kaon’s launch was a success, providing an essential testing environment for KYVE’s genesis validators.
new and improved testnet dubbed Kaon
MainnetOn none other than Pi Day,KYVE went live, enacting the chain layer and tokenomics. Within the first 48 hours of launch, KYVE’s 100 chain validator slots were filled, providing a secure base for the protocol. Not long after, the protocol was in full swing, with the first data pools launched and protocol validators joining in to decentralize the network.
FoundationTo support the further growth of the KYVE ecosystem and to provide a legal wrapper for the KYVE community, the KYVE Foundation was incorporated in March 2023 in Switzerland. The KYVE Foundation shall act as a steward for the KYVE ecosystem with regard to ecosystem, protocol as well as governance matters. Stay tuned for 2024!
KYVE Academy & ZealyAlthough KYVE is a very technical product, its mission of making data a trustless public good goes beyond just developers and is crucial for all to understand and recognize for the success of Web3. To ease the technical barriers, theKYVE Academywas introduced, offering a diverse range of courses, from beginner-level insights into crypto fundamentals to advanced developer tutorials.
Simultaneously, KYVE launched theZealy campaign, enticing learners with Zealy points upon course completion. Rewards for the Zealy program are to be announced in 2024. Within the first month, the KYVE Academy gained over 3k students, and the Zealy community grew to over 17k members.
After just a few short months on mainnet, KYVE surpassed 2TB of bundled data uploaded (the size of a few blockchains!), followed by 17M+ on-chain transactions, with an average of 150k+ transactions per day. Plus, the data run through the protocol is made trustless via the network’s 60 active validators and secured by over $20M in stake (value taken on Dec. 20th, 2023).
This consistent growth has led KYVE to be ranked asone of the most active chains in the Cosmos Ecosystem.
With the latest Archway state-sync data pool being fully up to date, it has become the first chain that node runners can sync to any historical height in under two minutes, thanks to KYVE’s node syncing toolKSYNC. Making history not only for its speed but for its ability to enable syncing with trustless, free data.
There have also been major improvements to itstestnet Kaon, a regenesis for its devnet, Korellia, and new tools for protocol validators likeSupervysor, overall enhancing all user experiences around the protocol. KYVE also launched an officialBeta Testers Programto ensure thorough testing of all new products, features, and tooling.
KYVE’sData Pipelinehas also seen some progress. The no-code solution for importing trustless data into your preferred data backends for easy transformation and data management is close to full use for the latest integrations, with open-sourced data templates on the way.
Forging Strategic Partnerships: Expanding KYVE’s Ecosystem
Being a Cosmos SDK chain, having the first data pool integration beCosmos Hubwas a unanimous decision. And although this blockchain is quite data-heavy, KYVE has already archived and validated the entire chain up to the latest blocks, providing trustless Cosmos Hub data for interchain builders and validators.
From there, KYVE continued to expand its ecosystem, archiving and validatingOsmosis, the interchain liquidity lab, andAxelar, the secure cross-chain communication protocol. As well asArchway, the value capture chain, which is also fully caught up to date and fully usable, not only for blocks and block results, but also for syncing state snapshots to reach specific heights via KSYNC, as mentioned above.
The last integration of the year was in partnership withCronos, the leading Ethereum-compatible L1, to provide a trustless backup of their chain’s blocks, block results, and state snapshots for their vast ecosystem.
It’s important to note that anyone can create a data pool on KYVE, which means KYVE can be implemented as your own blockchain’s validation layer. Much like whatUsher Labs did when creating Log Store Network, which leverages KYVE as its validation layer and storage mechanism, enabling a fully decentralized, immutable time-series database for Streamr data.
Usher Labs did when creating Log Store Network
Along with these integrations, KYVE partnered with many other innovative projects to enhance its ecosystem and continue to enable a streamlined data experience for all users. For example, KYVE was integrated intoStreamr, providing another way to access and subscribe to KYVE’s data lake, as well as bring trustless data to Streamr users.
KYVE also partnered with Syntropy! Taking interchain data to new bounds. In the spirit of the modular era, Syntropy andKYVE are each bringing forward their specialized data solutions to ensure a reliable, full-scope data experience from start to finish for both historical & real-time data streams, providing solutions for today’s Cosmos ecosystem data challenges.
KYVE also partnered with Syntropy
An infrastructure partnership was also assembled between KYVE,Spheron, andAkashto promote a decentralized community and help reduce the infrastructure costs for node runners.
Other strategic partnerships to boost KYVE performance and user experience include:
Not to mention the 30+ current partners we continued to collaborate with to expand our unified goal of enhancing the Web3 data space.
Now officially on mainnet with trustless data ready to build with, KYVE co-sponsored its first few hackathons.
Starting with this year’sInterchain Hackathonin Seoul where KYVE judged alongside Chainapsis, the Interchain Foundation, Celestia, Keplr, Osmosis, Argus, Radius, and Wonderstruck.VBase, the Decentralized Proposal Review Submission and Storage Platform for Interchain Validators, not only won our bounty but won first overall from the hackathon’s judge feedback!
Next wasLearnWeb3’s Decentralized Intelligence Online Hackathon, with developer @Primo_Data winning our bounty for creating “Crypto Queries,” an innovative dApp using KYVE’s trustless data and Streamr, Arbitrum, SpaceID Protocol, and ThirdWeb for on-chain data querying with unique features: query NFTs & AI prompts.
LearnWeb3’s Decentralized Intelligence Online Hackathon
KYVE looks forward to participating in more hackathons and bounties in 2024, encouraging further innovative and essential building with KYVE’s trustless data.
Watching Our International Community Grow To Over 170k
From the start, KYVE’s community has always been extremely strong, global, and passionate. It’s a pleasure to continue seeing this sentiment around KYVE grow and expand to new countries and communities. KYVE-ers now stand at over 170k globally, with 90 ambassadors and 40 beta testers.
A Year of Unforgettable Events: Attending 80+ Events & Conferences
This past year, KYVE visited almost all continents, going from Consensus2023 and IBC Summit to Avalanche Summit, over to Prague Blockchain Week, EthCC Paris, Proof of Talk, Nebular Summit, Osmoscon, and more. Then Awesomewasm and Atom Berlin, over to Smartcon Barcelona. Can’t forget Korea Blockchain Week and Token2049 in Singapore. Finally, Lisbon Blockchain Week and DappConnect Istanbul.
We didn’t just show up — we took the mic, giving talks and demos on the importance of building with trustless data, as well as ran side events like Born to Build and Deutsche Telekom and the Graph’s Berlin meetup, getting together with our passionate community and partners.
But the highlight? Hosting our first-ever data conference in Istanbul during DappConnect, “Open Data Gunu”. KYVE co-hosted the conference with Chainbase and IOSG, with BNB Greenfield, Metamask, Mina, NEAR, CoinGecko, 1Inch, Gictoin, and 20+ other leading projects giving specialized talks and panels. From discussing data in DeFi to MEV, data infra for the next-gen, AA, and more, the event covered a whole spectrum of data talk. Keep an eye out for Open Data Day 2 next year.
A Strong Base For Take Off: Looking Forward to 2024
Overall, this year has been pivotal for KYVE’s development. Now, with the protocol live and already bringing a major positive impact to the data user experience for pertinent blockchains, KYVE is here to lead the world into the future of data.
Follow KYVEto stay tuned for all that’s in store for 2024, like extending its solution outside of the interchain into other ecosystems, enhancing its user experience, more strategic partnerships, and building collaborations, hackathons, and other exciting milestones. Trust us, you won’t want to miss what’s coming!
Finally, a big thank you to KYVE’s dedicated investors, partners, network participants, and amazing community for their unwavering support throughout this year! KYVE wouldn’t be where it’s at today without you all.
More About KYVE
At the core ofKYVE Networklies its innovative decentralized data validation and transfer protocol, a powerhouse driving the network’s efficiency and reliability. This protocol is a cornerstone in ensuring decentralized data validation, immutability, and seamless retrieval. Regardless of the data source, KYVE serves as a conduit to any storage or data availability layer, guaranteeing an enhanced and customizable experience from inception to completion.Discover KYVE’s Docs to learn more.
Discover KYVE’s Docs to learn more.
KYVE is backed by blockchains and foundations such as Arweave, Ava Labs, Solana Foundation, Interchain, Moonbeam, TheGraph Edge, Parity Foundation, Celo/Composable Finance, Zilliqa, Octopus, Mina Foundation, Aurora, and NEAR Foundation.
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Written by Margaux Stancil, Head of Marketing at KYVE.