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KYVE

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KYVE
Developer(s)Fabian Riewe & John Letey
Repositorygithub.com/KYVENetwork
Written inSolidity,TypeScript
Engine
    PlatformArweave
    TypeDecentralized data storage
    Websitekyve.network

    Search KYVE on Amazon.

    KYVE [kaɪv from english "archive"] is a decentralised Cryptoprotocol, which archives data from blockchains to Arweave. To validate the data KYVE uses nodes, that upload and validate data. The goal of KYVE is to archive blockchain-data secure and efficient.[1]

    The founders of KYVE are Fabian Riewe and John Letey. The developers founded the company in February 2021 with base in Germany.

    History[edit]

    After foundation in February 2021 the company raised 3.87 million US-dollars with two investment rounds from venture capitalists like Permanent Ventures, Hypersphere, Coinbase Ventures und Mechanism Capital.[2]

    The project is technically and financially supported by several blockchains for example Solana, Avalanche, Near, Cosmos and Arweave.[3]

    In summer 2021 the testnet was launched with more than tenthousand users participating in development process until now.

    References[edit]

    1. KYVE Team (2021-08-20). "Introducing KYVE".
    2. KYVE Team (2021-10-26). "Announcing Our Second Funding Round Featuring Hypersphere, Coinbase Ventures, and Others".
    3. KYVE Team (2021-08-23). "Announcing our integrations with major blockchains and pre-seed round".


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