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2023-09-27
By Adeola
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KYVE Deepens Collaboration With Streamr To Provide Access To Real-time Off- And On-Chain Data

KYVE, a decentralised on- and off-chain data validation protocol, said it has integrated more streams of real-time data to Streamr’s Hub which developers, data engineers and the community can use to have actual and transparent access to KYVE.

Four streams of public data from the KYVE Network will be available for free on The Hub which is a decentralised platform for scalable and real-time data sharing and monetisation. The streams of validated and decentralised data are from the Cosmos Hub, Osmosis, Archway and Axelar chains data pool on the mainnet of KYVE Network.

In addition to possessing validated data, KYVE and Streamr said the integrated data streams will contain metadata which will give users such as developers, data engineers and others a detailed data origin. More streams of data will be added as KYVE is working on adding more data pools.

“This integration between Streamr and KYVE furthers the commitment both projects have made to a decentralised future where data is accurate, transparent, and easily accessible,” both KYVE Network and Streamr said in a post.

Streamr is building the real-time data protocol of the decentralised web. This includes a scalable, low-latency and secure P2P Network for data delivery and exchange. As part of the vision, Streamr is building The Streamr Hub, a decentralised chat application, and other dApps to help DePin projects and the world decentralize their tech stacks.

The announcement, jointlymade by KYVE and Streamr, was described as an expansion of an earlier collaboration between the two projects which involved the use of LogStore Network to give developers access to securely store and retrieve Streamr data.

LogStore was the first project to build on the KYVE protocol. Developed in TypeScript and deployed on Polygon, some use cases for Log Store Network include data-driven on-chain token re-allocation for DeFi protocols; Web3-wide engagement-based reward for gamers; decentralised identity verification.

LogStore transmits data from any software environment to the Arweave Blockchain, by leveraging the power of Streamr, KYVE and Arweave together. It enables a collection of nodes that cooperate in order to facilitate this system, Usher Labs’ Founder Ryan Soury said in July.

Meanwhile, KYVE has partnered with Learn Web3 on a hackathon that explores the intersection of decentralised technology and artificial intelligence. KYVE is sponsoring a bounty with a prize of $3,000 dollars to build an application with data uploaded to data pools on KYVE Network. The project will also be conducting a workshop during the hackathon. The hackathon will run from September 14 to October 13.

Beta testers play a crucial role in the conceptualisation and development of new tech products. Feedback gathered from the testers are often used in product updates and the creation of new tools and features. KYVE announced this week that it has opened registration for the first phase of its Beta Testers Programme. The programme which has been approved by the KYVE governance forum provides an efficient testing structure and environment on the Kaon and Korellia networks. Test applicants are advised to register here, as the first phase of the test will begin on October 2nd to 23rd, 2023. Token rewards, which will be based on defined metrics and individual feedback will be given at the end of each phase. KYVE said that individual feedback will be in three categories including normal, advanced and security vulnerability feedback.

Adeola

Adeola is a journalist at Arweave News. As a former freelance journalist, his works were published by Newlines Magazine, The Continent and the Mail and Guardian. He has interest in the intersection of technology and human lives.

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