About KYVE

KYVE is like a super-reliable librarian for blockchain data!

It's the leading decentralized data hub, making blockchain data a trustless public good. It streamlines historical data storage, validation, and accessibility for scaling blockchains and their ecosystems. KYVE ensures projects and their users have the reliable data support needed for success.

"KYVE Network is uniquely positioned to solve the challenge of verifying the validity of stored data, and has been executing relentlessly on that vision in the past three years."

The Challenge: Managing Multiple Tokens and Gateway Downtime

Although KYVE has been making great strides in the challenge to verify data, the actual KYVE protocol validators faced a couple of major challenges:

• Two Tokens: KYVE validators had to manage and use both AR and KYVE tokens. "KYVE protocol validators previously needed to use AR tokens to purchase permanent storage on Arweave. This created friction in their workflow as they were required to manage multiple currencies, leading to more complex accounting and higher transfer fees." This was a hassle and ate into their profits.

• Downtime: The (formerly) centralized Arweave.net gateway experienced downtime roughly every two months, causing data bundles to be dropped and impacting the protocol’s progress.

KYVE protocol validators previously needed to use AR tokens to purchase permanent storage on Arweave. This created friction in their workflow as they were required to manage multiple currencies, leading to more complex accounting and higher transfer fees.

The Solution: KYVE Token Integration on Turbo

AR.IO partnered with KYVE to integrate Turbo into the KYVE protocol. This integration allows KYVE validators to use KYVE tokens directly for purchasing permanent storage on Arweave.

It's a game-changer!

Now KYVE validators can fund their wallet by exchanging KYVE tokens for Turbo Credits.

The Results: Streamlined Processes and a Better Validator Experience

• Happy Validators: Validators are thrilled with the integration. They see it as a solution to a longstanding problem and view the collaboration between AR.IO and KYVE as essential for their success.

• Simplified Finances: Validators no longer need to manage and convert multiple tokens. KYVE protocol validators will no longer have to deal with multiple currencies anymore, making accounting easier and transfer fees cheaper."

• Greater Efficiency: This integration streamlines the entire data storage process and simplifies fund management for KYVE validators, making it much easier for them to operate and participate in the network.

• Reliable Data Ingest: Utilizing Turbo will help mitigate the issues KYVE faced with the reliance on a single gateway, reducing the chances of losing valuable data bundles.

“They (validators) happily welcomed this feature since it has been a long-requested one.”

KYVE validators, experience the simplicity and efficiency of using KYVE tokens for Arweave storage.

Can we help streamline your system? Join us in building a more robust and accessible data ecosystem!