AR and FIL have multi-faceted competition in the decentralized storage field:
Technical Level
- Storage Model: Filecoin is based on contract storage, where users pay to store data for a specified period, and miners must continuously renew contracts to ensure data persistence; Arweave, on the other hand, offers permanent storage with a one-time payment, incentivizing miners to permanently preserve data through mechanisms like proof of access.
- Hardware Requirements: Filecoin mining has high hardware requirements, needing specialized mining machines, such as an 8-core CPU and 128G of memory; Arweave mining device requirements are relatively low, similar to a home computer, with 512G of hard drive space and 4-core 8G of memory sufficient.
Market Level
- Target Users: Filecoin targets a broader storage demand market, suitable for various users needing temporary or long-term data storage; Arweave mainly targets users who require permanent data storage, such as archiving important documents and historical materials.
- Market Share: Currently, Filecoin has relatively high awareness and market share in the decentralized storage market, but Arweave is experiencing rapid growth, with a 1976% increase in storage volume over the past year.
Ecological Level
- Ecosystem Completeness: The Filecoin ecosystem is quite rich, with many developers building various DApps based on it, such as data sharing platforms and cloud storage services, and it has received participation and support from several well-known enterprises; Arweave's ecosystem is relatively small but is actively expanding, collaborating with blockchain projects like Solana and Cosmos to promote the development of the permaweb ecosystem.
- Community Activity: The Filecoin community is quite active, with many technical discussions and development activities; the Arweave community is also continuously growing, attracting a group of developers and users interested in the concept of permanent storage.