What is Arweave? (AR)
Arweave is a software that seeks to store files permanently across a distributed network of computers. Its goal is to build something not unlike the fabled Library of Alexandria: a digital archive that persists in perpetuity.
As such, Arweave has much in common with other decentralized storage platforms like Filecoin and Sia, both of which also use cryptocurrencies to create marketplaces for users who want to buy and sell data storage services.
Like these ambitious protocols, Aarweave, too, is seeking to disrupt a market dominated by existing storage giants like Google, Amazon and Microsoft.
However, what sets Arweave apart from competitors is its commitment to permanently storing data through unique incentives built around its AR cryptocurrency.
Arweave’s design means that it should, in theory, enable people who store data to receive revenues, even after initial payments for its decentralized storage service are made.
Further, files stored on Arweave are accessible through traditional web browsers, meaning they don’t require any special wallet or blockchain service. Other notable features in development include a voting mechanism that allow its users to moderate illicit content.
As of 2020, Arweave has already begun storing data from the Internet Archive in a partnership that it hopes will help keep that storied institution’s data resistant from tampering.
To follow all the latest updates from Arweave, bookmark its Medium page here.
Who created Arweave?
Arweave在2019年从著名风险投资公司，包括Andreessen Horowitz和Union Square Ventures等筹集了500万美元的资金。
在2020年3月， Arweave宣布 追加830万美元的资金，用于发展基于Arweave上的用户和开发者的社区。
How does Arweave work?
Arweave并不完全是一个区块链。 Arweave不是一个包含交易和数据的区块链 （就如大多数加密货币的典型设计一样），而是一个将其数据存储在区块图中的结构。
在比特币要求其网络上的计算机竞爭解决数学难题的情况下 — 一个被称为工作证明的过程 — Arweave则使用一个被称为“访问证明”的机制。
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.
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.
- What is Bitcoin? (BTC)
- What is Ethereum? (ETH)
- What is Ripple? (XRP)
- What is Bitcoin Cash? (BCH)
- What is Litecoin? (LTC)
- What is Chainlink? (LINK)
- What is EOSIO? (EOS)
- What is Stellar? (XLM)
- What is Cardano? (ADA)
- What is Monero? (XMR)
- What is Tron? (TRX)
- What is Dash? (DASH)
- What is Ethereum Classic? (ETC)
- What is Zcash? (ZEC)
- What is Basic Attention Token? (BAT)
- What is Algorand? (ALGO)
- What is Icon? (ICX)
- What is Waves? (WAVES)
- What is OmiseGo? (OMG)
- What is Gnosis? (GNO)
- What is Melon? (MLN)
- What is Nano? (NANO)
- What is Dogecoin? (DOGE)
- What is Tether? (USDT)
- What is Dai? (DAI)
- What is Siacoin? (SC)
- What is Lisk? (LSK)
- What is Tezos? (XTZ)
- What is Cosmos? (ATOM)
- What is Augur? (REP)
Why use AR?