ChainCatcher news, the Web3 data lake solution KYVE has passed its #5 governance proposal, and the first CosmosHub data pool has been created on the mainnet, allocating mainnet delegations to validators elected and operating on the network.According to ChainCatcher's previous report, the KYVE mainnet went live on March 18 and proposed another innovative solution based on the Cosmos SDK to enhance the developer experience, aiming to make data a trustless public good. (Source link)

ChainCatcher news, the KYVE mainnet, a Web3 data storage solution, is now live and has proposed another innovative solution based on the Cosmos SDK to enhance the developer experience, aiming to make data a trustless public good. The KYVE blockchain is divided into two layers: the chain layer and the protocol layer. The chain layer is the backbone of KYVE, protecting the network through DPoS, governing and maintaining the overall structure. The protocol layer acts as a decentralized data pool, where protocol nodes can participate in acquiring, storing, and validating data.On March 21, the governance proposal supporting inflation for KYVE will be passed, ensuring that the KYVE mainnet is more complete and secure. The next step is to launch the KYVE token. Meanwhile, the KYVE data pipeline is also live, with the first data pool expected to launch on the testnet and mainnet in 6-8 weeks. During this period, the data pipeline will continue to extract data from the KYVE development network Korellia's data pool.According to the crypto data platform RootData, KYVE completed a $9 million funding round at a $100 million valuation in June 2022, with investments from IOSG Ventures, Distributed Global, M-Ventures, and others. The tasks for the first and second quarters of 2023 include audits, Oracle Beta version, Genesis Validator program, and mainnet launch (by the end of Q1). The tasks for the third and fourth quarters include donation programs, grant programs, Web App V3 version, KYVE 2.0, and more. (source link)

ChainCatcher news, the Web3 data storage solution KYVE has released its 2023 roadmap, which includes the Oracle Beta version and the Genesis Validator program, and will launch the mainnet by the end of Q1 2023. Additionally, the official announcement states plans to introduce a Bug Bounty program, hackathons, funding programs, Web App V3 version, and more later this year.According to ChainCatcher previous reports, KYVE launched the second phase of its testnet (Mission Korellia) in June last year, focusing on tasks for development teams. According to Rootdata data, KYVE completed a $9 million funding round at a valuation of $100 million in June 2022, led by Distributed Global, with participation from IOSG Ventures, Huobi Incubator, M-Ventures, and others. (Source link)

Chain Catcher news, the new public chain Sei announced that it has integrated with the on-chain data solution KYVE. KYVE will validate and store public data from Sei, allowing for secure and efficient querying and access, while KYVE's solution simplifies Sei's scalability.Sei is an L1 blockchain optimized for transactions and is more friendly to DeFi applications. Kyve is an on-chain data solution that completed a $9 million funding round at the end of June this year. (source link)