Arweave is a new data stirage protocol which is used in block structure. It is based om the new mechanism which allows to receive constant and not so expensive data storage. Comparing to another blockchains, the company created scalable base which will be the dominant for data storage because of the speed up to 5000 t/s. The second advantage is a cost, which is lower than competitors have, such as Storj, Siacoin etc.
The widespread quality of blockchains is the necessity of each block to be stored for checking of transactions.
Arweave uses those protocols, which allows to the separate units make all of main operations, don’t have the whole chain. To make all transactions without any blocks, which are used by the previous transaction, it is necessary to know all lists of working wallets in system. As for the old blocs checking and the evaluating the new blocks, we need to make a list of hash of all last blocks, and Arweave makes all these operations easy.
In other words, all miners who install the Arweave network, they automatically load the current block and extract the hash and wallet data from it. It gives the chance for all new miners to join the system immediately without checking the weave themselves. They just need to check the signature by the key code of the wallet holder before transaction.
Arweaves operating processes depend on proving the access of PoA and the work PoW. When miners join the blockweave structure, they don’t need to save all af the blocks while making a blockchain, but they can store all previous blocks, using PoA and WildFire. All transaction in back block hashes in current block to create the new one. It allows to check the properties of the new block to each miner, even they don’t have their own copy.
The unique property of Arweave is the possibility of storage the great volumes of data and to allow access to them at the same time, and the main quality is the zero cost of the first operation during the request.
Arweave is one of the first system which introduce the ignore list for the clear chosen for users which content they want to control, and which to ignore. Each element of the system supports this ignore list, for rxample, if hash is programmed for the ignoring of some data, its content will never be recorded on the disc. These ignore lists allows the nodes to manage their own content.
Arweave has the service “Arweave enable” which works in complex with several items of Arweave, that allows to make a reading and recording for the client’s name. These services can be either websites with the visitors or independent applications which sent the requests to the server. So, the process of mining is very simple. User just need to earn as more money as he can by the renting his page to advertisement or another useful information for another users. And total costs for these renting must exceed payment for the storage service.
All applications can exist themselves also, just using the Arweave browser, which supports HTML and other popular protocols. But Arweave don’t have any limits to the format of the data storage, the users can save their data in any comfort format. For example, the Etherium or text blobs can be easy realized with the Arweaves.
Arweaves now is a public data decentralized netwok and its never controlled by censorship or other restriction because all users and developers can check all data with API, but they don’t need to worry about it because network provide them for the safe data channel.
Token Sale
Token Ticker: AR
Token type: Own wallet
Token price: ~0.74 USD
Fundraising Goal: 8,700,000 USD
Total Tokens: 66,000,000
Available for Token Sale: 20,6%
The hardcap for the community sale part two: 675,000 USD
Accepts: ETH
More information & recommendations:
Arweave Website
Arweave Telegram https://t.me/arweave
Arweave Twitter https://twitter.com/ArweaveTeam
Arweave Blog https://medium.com/@arweave
Arweave Lightpaper https://arweave.org/files/arweave-lightpaper.pdf
Arweave Bitcointalk https://bitcointalk.org/index.php?topic=2066098.0
My Telegram contact: t.me/AbyZaki
My Account BTT https://bitcointalk.org/index.php?action=profile;u=1096335
