Hyve, a blockchain infrastructure company, has unveiled its new data availability protocol, HyveDA, which has been in stealth mode for over a year.

Features and Capabilities of HyveDA

Hyve claims that HyveDA can achieve a throughput of 1 gigabyte per second, a speed it says is 100 times faster than current data availability solutions on the market. Data availability protocols like HyveDA play a key role in blockchain systems by ensuring data for decentralized applications is accessible and secure.

Increased Throughput

According to the press release, the company plans to scale HyveDA's throughput to 50 GB/s as the network grows. HyveDA is designed to be permissionless, allowing anyone to join the network without needing approval, aligning with the principles of decentralization.

Implementation and Future of HyveDA

HyveDA is part of the Symbiotic ecosystem, offering additional security for operators. The protocol is intended for data-heavy applications such as AI and Web3 games.

The launch of HyveDA promises to improve handling of large data volumes in blockchain applications, though its success in real-world environments will depend on scalability.