Arweave (AR)
- Category: Storage
- Coin Launched: June, 2018
- Resources: White Paper
- Official Website: Arweave
- Reddit: Arweave
About Arweave
New data storage block chain protocol based on a novel proof of access consensus mechanism that creates truly permanent data storage for the first time.
Now data is finally permanent, low-cost, and truly censorship free.
ARWEAVE History / Information / Buying / Staking
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ARWEAVE HISTORY
Founded in 2017 as Archain, the company changed its name to Arweave in 2018 while completing the Techstars Berlin mentorship program. Arweave's mission is to make permanent, low-cost storage a reality. The company aims to accomplish its goal with the Arweave network, a block-based data structure called a “blockweave”. Arweave’s blockweave underpins the Arweave permaweb, an array of data, websites, and applications that are hosted on the blockweave.
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HOW ARWEAVE WORKS
Arweave ( AR ) is the world's first blockweave coin -- which is a data storage protocol that enables permanent storage of digital assets such as transactions, smart contracts, Web pages, videos, images, and more, directly on its native blockchain
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BENEFITS OF USING ARWEAVE
Some of the benefits of using Arweave are:
TRANSACTIONS
The Arweave blockchain is capable of handling over 5,000 transactions per second. Considering the complex consensus that’s involved, this is quite a feat.
DATA
The Arweave protocol is a robust blockchain network which could potentially revolutionize the way online storage and data management works.
PARTNERSHIPS
Partnerships with Solana, in addition to the Arweave founders’ experience-rich backgrounds, increase the credibility of the Arweave project.
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CAN YOU STAKE ARWEAVE
Arweave cant be stacked however, by wrapping AR as an ERC20 token, it allows AR to be pooled, farmed, staked and swapped like any other token in the DeFi space.
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