Arweave plans to acquire cryptocurrency-based YouTube competitor Odysee, according to Odaily Planet Daily. The acquisition could bring about 7 million users to the Arweave blockchain. Arweave is a blockchain focused on data storage, and unlike Ethereum, which can store metadata or links to large files (such as videos), Arweave can host this data entirely on the chain. Sam Williams, founder of the Arweave blockchain and CEO of Forward Research, said: "Our goal is to overthrow the existing monopoly in social media. Unless it replaces Twitter, we can't be considered successful."