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- 5/ The protocol also employs a Delegated Proof of Stake (DPoS) mechanism. This allows $KYVE stakeholders to also take part in the protocol by delegating to specific validators within the set, further securing the network. ⚠️ Choose wisely! If the validator gets slashed, so does… https://t.co/CRLzK6owBj·
KYVE 💫
@KYVENetwork - 4/ 👥 Funders can expected to be blockchain foundations, projects, or even developers and network participants that are in need of: ➡️ Direct & continued access to a reliable data source ➡️ The ability to offload & easily sort through archived data ➡️ To support ecosystems https://t.co/seUsF29Jyj·
KYVE 💫
@KYVENetwork - 3/ 🤝 Funding 101: Each data pool receives “funding” from a “funder” in order to pay the well-behaved validators. The funding costs per data pool can be shared amongst multiple funders. ⚠️ It’s important to note that the funder does NOT receive any rewards from funding. In… https://t.co/uFTcIVjGJP https://t.co/AiyfpTNhk3·
KYVE 💫
@KYVENetwork - 2/ To understand funding, you first need to know about the KYVE Protocol structure: 🌐 The protocol layer is made up of data pools, each pertaining to a specific data set, like historical @cosmoshub data. Within each data pool is a set of up to 50 validators, each interchanging… https://t.co/tQzml774dT·
KYVE 💫
@KYVENetwork - 1/ ✅ Over 1.8M $KYVE has been funded into the protocol, allowing for 6TB+ of historical data to be archived onto @ArweaveEco & be made a trustless public good. But what really is funding & why is it essential for KYVE & its users? Find out in today’s #fromtheArKYVE 🧵⤵️ https://t.co/aEmWKR4Sbt·
KYVE 💫
@KYVENetwork - 💫 Unlock @zetablockchain historical data with KYVE! From syncing to any historical height to reliable indexing, free unlimited querying, & more. 🛠️ Join us tomorrow in ZetaChain’s DevX Office Hours to learn how to get your trustless data journey started! ⤵️ https://t.co/O6zWVMQVJB·
KYVE 💫
@KYVENetwork
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