Co-Founder and CEO of KYVE Community, Fabian Riewe, gave an unique interview to CryptoSlate, the place he described how KYVE provides a scalability answer for Web3 by leveraging decentralized information lakes.
KYVE is the primary of its type decentralized information validation protocol that’s constructed on an current information storage. Leveraging its decentralized protocol to add information on Arweave, KYVE acts like a validation layer to make sure recordsdata uploaded to decentralized storage match the unique ones.
Whereas this looks as if an excessive amount of effort for archiving household footage, Riewe says it’s a necessary validation step for blockchain archives.
Making information “trustless”
At present, most information importing processes occur by way of a centralized information collector. The centralized actor downloads the information the customers wish to retailer and re-uploads it to the cupboard space. On this case, there isn’t any manner of realizing if the centralized actor made any modifications or errors to the information or copied it. This concern is the place KYVE steps in with a novel answer.
KYVE behaves just like the validation layer on prime of Arweave, a everlasting information storage answer. As a substitute of utilizing centralized actors to add the information to Arweave, KYVE leverages its decentralized protocol. Customers can add the information they wish to retailer via KYVE, with no central authority having management or an opportunity to have an effect on it.
Riewe mentioned that is helpful when builders wish to retailer a backup of their blockchains. Riewe defined this by stating:
“Let’s say you’re making a backup of Ethereum, and somebody would manipulate only one information level and might fully wreck the entire state that observe [the malicious node]… perhaps just a few million {dollars} get lacking”
He additional continued:
“that’s why it’s actually essential that when loading within the backup, you’re certain that you simply don’t should belief the [existing] information anymore… Like making information ‘trustless’”
Resolution for all mismatching information issues
Within the instances of “non-deterministic” information just like the pricing information, Riewe talked about that KYVE might behave as a guard towards oracle assaults the place attackers manipulate the worth information from outdoors the protocol’s market.
He described that the protocol might watch the worth variations in actual time and cease storing information if it exceeds 1%. As a substitute, the protocol will search for a greater matching various earlier than beginning to retailer information once more.
