Nedir (What it is):

Arweave is a blockchain-based storage platform designed for persistent data storage. It aims to ensure that data is stored securely and accessible forever. Unlike traditional storage solutions, Arweave is based on a distributed network of nodes, not centralized servers.

What does it do?

Arweave uses an incentive system called “Block Rewards” for storing data. Users are rewarded with AR tokens when they store or contribute data to the Arweave network. This system helps maintain network sustainability and data integrity.

Arweave's key features are:

  • Persistent Storage: Data is stored on a blockchain designed to be stored forever.

  • Secure Storage: Data is protected by security measures such as encryption and distributed storage.

  • Accessible Storage: Data is stored on a network that can be accessed from anywhere in the world.

  • Efficient Storage: Arweave attempts to reduce storage costs by using techniques such as data compression and data tiering.

Why it's used:

Arweave can be an ideal storage solution for:

  • Long-term data storage: Can be used for data that needs to be stored in the long term, such as archives, historical records, scientific data.

  • Sensitive data storage: Can be used to securely store sensitive data such as medical records, financial information.

  • Immutable data storage: Smart contracts can be used to store immutable data such as NFTs.

Who uses it:

Arweave is currently used by users from various industries:

  • Research Institutions: Use Arweave to store scientific data and research results in the long term.

  • Technology Companies: Use Arweave to store data for smart contracts, NFTs, and other distributed applications.

  • Personal Users: Archives use Arweave to securely store photos and other personal data.

What the future holds:

Arweave is seen as an important platform for the future of data storage. It has the potential to ensure that data is stored and securely accessible indefinitely. It is anticipated that the use of Arweave will increase with the development of new generation internet applications such as Web3 and Metaverse.

AR Token: Arweave's governance and incentive token. Token holders can participate in network decisions and can be used to pay for data storage services.