In early 2021, KYVE’s founders Fabian Riewe and John Letey came together to participate in a bounty to bridge Polkadot data to Arweave, a permanent data storage solution. After creating a valid solution, and with the help of Arweave’s founder, Sam Williams, they realized that if their solution was to be more decentralized, it could apply to other blockchains and, in turn, aid valid data accessibility for all.
Previously Data Protection Consultant at Datkon Consulting and Founder of ArVerify.
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KYVE provides data rollups-as-a-service (DRaaS), streamlining reliable historical data storage, validation, and accessibility to ensure your blockchains and dApps have unmatched scalability and seamless integration with a modular stack. With such easily customizable and essential technology, KYVE supports all use cases in need of reliable data.
To further enhance the KYVE Network and foster its ongoing development, the KYVE Foundation was established. With a focus on bolstering decentralization and advancing the protocol's capabilities, the KYVE Foundation will also provide essential resources to support the network and ecosystem’s strength and expansion.
Driving KYVE forward involves a holistic evolution of its protocol, encompassing:
Optimized Data User Experience: Via new web app features, testnet and devnet improvements, and continuous chain maintenance, KYVE Network’s protocol and products will be provided in a unified way and constantly enhanced to evolve into the most streamlined, user-friendly environment for seamless data management.
Ecosystem Expansion: Adding more storage providers, enabling validators to pay their data upload in $KYVE, getting more data pool funders, as well as expanding KYVE’s solution to new ecosystems and even into Web2 data, all support further expansion of the ecosystem.
Building Toward Full Decentralization: This includes presenting a decentralization roadmap, enhancing KYVE’s governance, looking into further decentralization options such as a smart-delegation/geo-stake distribution program, improving the stake ratio between chain and protocol (for example, adding automatic re-staking).
The KYVE Network stack includes the Data Pipeline, a no-code ELT data pipeline for easy data import into any preferred backend.
Enhanced Data Syncing: Although it only takes a few clicks to use Data Pipeline, there are a few backend adjustments that can be made to further improve the user experience and syncing adaptability, for example, becoming a production connector in Airbyte.
Increasing Accessibility & External Development: Open Sourcing the basic transformation scripts, as well as optimizing the documentation will help data users further benefit from KYVE’s trustless data and avoid indexing roadblocks.
The KYVE Network also includes KSYNC, which enables nodes to sync blocks, states, and heights from any blockchain archived and validated by KYVE.
Further Interchain Support: With KSYNC being such a game-changing tool for validators and already available for aiding Cosmos-based chains, it’s imperative to continue spreading awareness within the Interchain ecosystem.
Expanding to New Ecosystems: Continuing research into new runtimes to support other ecosystems like EVM, Solana, NEAR, and more is key for catering to all data users’ needs.