KYVE Network: A Technical Overview

BlockchainsMay 6, 2023, 6:04PM EDT
UPDATED: May 16, 2023, 3:25PM EDT
KYVE Network: A Technical Overview
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Scaling public blockchains is an endeavor that has become increasingly important over the last few years and many novel approaches are starting to emerge, from rollups to blockchain modularization. While many of the existing methods are marginal improvements from earlier solutions, Kyve Network offers a unique method of providing improved scaling with its decentralized data lake and data pipeline.

It should be noted that Kyve Network’s main value proposition is not to scale blockchains but, rather, to provide a reliable and accessible stream of validated and immutable data so that Web3 applications can leverage said data trustlessly. However, in doing so, Kyve also doubles as a data layer, analogous to the concept of Celestia’s data availability layer, albeit without the data sampling technique to improve the layer’s throughput. After all, Celestia’s solution focuses on attesting that data is available, whereas Kyve’s solution focuses on ensuring that data is valid. In short, Kyve is a decentralized data validation network.

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