{"id":96898,"date":"2024-10-18T20:23:31","date_gmt":"2024-10-19T00:23:31","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=96898"},"modified":"2024-10-18T20:24:55","modified_gmt":"2024-10-19T00:24:55","slug":"hyve-launches-da-protocol-with-latency","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/hyve-launches-da-protocol-with-latency\/","title":{"rendered":"Hyve Launches DA Protocol with Sub-Second Latency"},"content":{"rendered":"\n

Blockchain infrastructure startup Hyve has been working in stealth mode for over a year before revealing its new data availability protocol<\/a>, HyveDA.\u00a0<\/p>\n\n\n\n

\"Hyve
Hyve Launches DA Protocol with Sub-Second Latency<\/figcaption><\/figure>\n\n\n\n

According to a press release, the business claims HyveDA can achieve a throughput of 1 gigabyte per second, a speed that is 100 times faster than current data availability solutions on the market. <\/p>\n\n\n\n

This announcement comes after a $1.85 million pre-seed funding round\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> that Lemniscap headed and included Paper Ventures and Frachtis. <\/p>\n\n\n\n

HyveDA and other data availability protocols are essential to blockchain systems because they guarantee the security and accessibility of data required for decentralized applications. <\/p>\n\n\n\n

Data bottlenecks may result from users in decentralized networks<\/a> having to validate transactions or other actions without depending on a central authority. <\/p>\n\n\n\n

With HyveDA, these issues will be resolved by offering a more effective system for managing massive amounts of data.\u00a0<\/p>\n\n\n\n

Improved Throughput\u00a0<\/h2>\n\n\n\n

As the network expands, the company intends to extend its throughput to 50 GB\/s, per the news release. <\/p>\n\n\n\n

Because HyveDA is designed to be a permissionless network, anyone can join without requiring authorization. <\/p>\n\n\n\n

This is consistent with the more general decentralization ideas, which aim to do away with centralized authority<\/a> over information and transactions. <\/p>\n\n\n\n

Hyve's protocol is also designed to manage applications that require a lot of data processing power, such as Web3 games, decentralized order books, and artificial intelligence. <\/p>\n\n\n\n

The company plans to grow its workforce and foster collaborations with Layer 2 solutions, decentralized finance platforms, and game developers using the money raised from its most recent funding round. <\/p>\n\n\n\n

HyveDA is a component of the Symbiotic ecosystem, a restocking protocol that gives operators more security and adaptability. <\/p>\n\n\n\n

With HyveDA's high data throughput and Symbiotic's staking approach, the company hopes to handle even the most demanding blockchain applications<\/a>. <\/p>\n\n\n\n

The protocol encourages performance benchmarks, but its capacity to scale in practical settings will be essential to its success.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Blockchain infrastructure startup Hyve has been working in stealth mode for over a year before revealing its new data availability protocol, HyveDA.\u00a0 According to a press release, the business claims HyveDA can achieve a throughput of 1 gigabyte per second, a speed that is 100 times faster than current data availability solutions on the market. […]<\/p>\n","protected":false},"author":43,"featured_media":96899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[22412,22413,22414],"class_list":["post-96898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-da-protocol","tag-hyve","tag-hyveda"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/10\/croc_1729295926589.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/96898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=96898"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/96898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/96899"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=96898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=96898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=96898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}