What is Arweave? (AR)

The Beginner’s Guide

알위브(Arweave)는 분산된 컴퓨터 네트워크에서 파일을 영구적으로 저장할 수 있는 소프트웨어입니다. 알위브의 목표는 전설적인 알렉산드리아 도서관과 같은 영속적인 디지털 아카이브를 구축하는 것입니다. 

때문에 알위브는 파일코인(Filecoin)이나 시아(Sia) 같은 다른 탈중앙화 스토리지 플랫폼과 공통점이 많습니다. 두 암호화폐

모두 데이터 스토리지 서비스를 사고파는 사용자를 위한 마켓 플레이스를 만들고 있습니다.

이러한 야심 찬 프로토콜과 마찬가지로 알위브 역시 구글, 아마존, 마이크로소프트와 같은 기존의 거대한 데이터 스토리지 기업이 지배하는 시장에 도전장을 내밀고 있습니다. 

그러나 알위브는 알위브(AR) 암호 화폐를 중심으로 구축된 고유한 인센티브를 통해 데이터를 영구적으로 저장하고자 한다는 점에서 다른 경쟁자들과 차별점을 보입니다. 

알위브는 이론적으로 데이터를 저장하는 사람들이 탈중앙화된 스토리지 서비스에 대해 초기에 비용을 지불한 이후에도 수익을 얻을 수 있도록 설계되어야 함을 강조합니다.

또한 알위브에 저장된 파일은 기존의 웹 브라우저를 통해 액세스할 수 있으므로 특별한 지갑이나 블록체인 서비스를 필요로 하지 않습니다. 현재 개발 중인 또 다른 주목할 만한 기능으로는 사용자가 불법 콘텐츠를 검토할 수 있는 투표 메커니즘이 있습니다. 

알위브는 2020년부터 이미 인터넷 아카이브에 데이터를 저장하기 시작했으며, 해당 기관의 데이터가 변조되지 않도록 유지하는 데 지원을 아끼지 않고 있습니다. 

알위브의 모든 최신 업데이트 소식이 궁금하다면, 여기에서 알위브의 미디엄 페이지를 북마크하세요.

What is arweave ar

Who created Arweave?

Arweave was originally named Archain in 2017, but it rebranded in 2018 when the Arweave team was accepted to participate in the startup accelerator Techstars. 

Arweave then raised $5 million in 2019 from noted venture capital firms including Andreessen Horowitz and Union Square Ventures.

In March 2020, Arweave announced an additional $8.3 million in funding to be spent on growing the community of users and developers building on Arweave. 

How does Arweave work?

Arweave is not exactly a blockchain. Instead of a chain of blocks that contains transactions and data, the typical design for most cryptocurrencies, Arweave stores its data in a graph of blocks. 

This means each block is linked to two earlier blocks in Arweave, forming a structure called a “blockweave.” This is in contrast to Bitcoin, where blocks are linked in order, forming a chain. 

(Other cryptocurrencies that use a graph structure include Hedera Hashgraph.)

Proof of Access Consensus

Areweave’s design also means that the way it checks the accuracy of transactions is different than most cryptocurrencies. 

Where Bitcoin asks computers on its network to compete to solve a mathematical puzzle — a process called proof-of-work — Arweave uses a different mechanism called “proof-of-access.” 

In short, Arweave requires each computer taking part in the network to check that a new bundle of transactions also contains a randomly selected marker from an earlier bundle. 

If that marker is present, then the new transactions can be added to the network. The computer that adds a new bundle is given a reward in the form of AR cryptocurrency.  

Proof-of-access helps ensure that computers on the Arweave network can verify that all new transactions are accurate and that old transactions haven’t been tampered with. 

Content Moderation

Another feature of the Arweave network is the ability for anyone running the software to choose the type of data they wish to store. This process is known as content moderation in Arweave. 

Put simply, computers on the network can decide what types of content they want to host. 

Perhaps they want to only host audio files and not images. As new content is uploaded to the network, Arweave will ask each computer whether it will accept the data.

Still, there are incentives for performing more intensive data storage, as users who do will be rewarded by a greater percentage of transaction fees.

Why does AR have value?

AR is the currency of the Arweave network. 

Users who wish to store data must buy AR to pay for distributed data storage, and computers on the network that provide storage services must accept payment in AR tokens. 

Of note for investors is that the number of AR tokens in circulation is limited to 66 million units. The first tranche of AR cryptocurrency was created in June 2018 when Arweave was launched. At that time, 55 million AR tokens were created.

An additional 11 million AR tokens are scheduled to be gradually released to the computers performing storage services on the network. 

Token Economy

Notably, payments on the network are calculated with the assumption that storage costs will keep falling over time. As a result, paying for storage on the Arweave network is like paying a one-time, upfront fee for permanent data storage. 

Like other blockchain data storage schemes, AR payments go to the computers on the Arweave network who provide storage services. However, the payments aren’t paid directly to each user. Instead, they are pooled and distributed gradually over time to the computers. 

This pool of fees is known as the Storage Endowment. Like other types of endowments, it aims to generate returns from the pool of capital invested with it. 

The pool of fees paid by users for storage gains in value over time, like cash in a bank account accumulating interest. Because this pool gains in value, it is able to make regular payouts to the computers performing storage over a number of years.

Why use AR?

You may find Arweave of interest if you believe the web is overly reliant on centralized services like Amazon, Google, Microsoft or Alibaba for storage. 

Further, you may want to use Arweave if you believe in its particular vision for this future. 

As opposed to competitors such as Filecoin and Sia, Arweave is focused on permanent storage. This means the AR token may be of interest if you believe digital data requires storage forever, similar to a traditional museum or library.  

Computer operators, as well, may find it an attractive way to sell storage space and earn money by contributing to a better, more permanent web. 

Start buying Cryptocurrency

We don't yet offer AR on Kraken, but check out our entire selection here and signup for an account!