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The name "Keva" is an abbreviation for key-value (pronouced Kee-Va, and the short symbol is KVA). It is a key-value store built on blockchain, on the codebase of Bitcoin and Litecoin. Besides being a cryptocurrency, it allows users to easily and securely add, update or delete key-value pairs on the blockchain.

Kevacoin is influenced by Namecoin, with the key-value part of the code heavily modified from Namecoin's name registration code.