John Letey: KYVE – Decentralised and Accessible Data Storage

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

We often take data storage for granted, but the rise of centralised storing facilities (i.e. AWS, GCP, Azure, etc.) hangs over like Damocles’ sword. When it comes to blockchains, full nodes store that network’s complete data history. Even if storage costs are set to decrease as technology evolves, so do blockchains accumulate more data over time. An interesting solution would be to create a decentralised backup for blockchain data and Arweave is a prime candidate for it. There is but a missing link represented by uploading and validating different blockchains’ data. This is where KYVE steps in, offering a decentralised validating solution to verify uploaded blockchain data and even retrieve it from Arweave, on demand. This also extends to off-chain data, opening new possibilities for data availability and scalability.

We were joined by John Letey, founder and CTO of KYVE Network, to discuss the challenges and use cases of decentralised data storage and how blockchain interoperability could benefit from it.

Topics covered in this episode:

• John’s background
• Why KYVE migrated to a Cosmos app-chain
• High-level explanation of KYVE
• KYVE’s data pools and data streams
• How KYVE connects to Arweave
• Validating uploaded blockchain data
• How Arweave works
• KYVE v.2
• How slashing is handled
• KYVE use cases
• Future roadmap

Episode links:

• John Letey on Twitter
• KYVE Network on Twitter
• KYVE Network
• Arweave

This episode is hosted by Sebastien Couture & Felix Lutsch. Show notes and listening options: epicenter.tv/492