AR (Arweave) is a decentralized, open-source cryptocurrency and blockchain platform focused on permanent, low-cost data storage and retrieval.$AR
- _Symbol_: AR
- _Consensus Algorithm_: Proof of Access (PoA)
- _Total Supply_: 66 million AR tokens
- _Circulating Supply_: Approximately 33 million AR tokens
- _Use Cases_:
- Permanent data storage
- Low-cost data retrieval
- Decentralized applications (dApps)
- Governance
- _Unique Features_:
- Permanent data storage solution
- Low-cost data retrieval
- Decentralized data storage network
- Community-driven governance
Arweave aims to provide a secure, efficient, and decentralized platform for permanent data storage and retrieval.
Current Price (approximate):
- Price: $10
- Market Cap: $330 million
- 24h Volume: $5 million
References:
1. Arweave Website
2. CoinMarketCap
3. CoinGecko
Some potential use cases for AR include:
1. Permanent data storage
2. Low-cost data retrieval
3. Decentralized applications (dApps)
4. Governance
AR Benefits:
1. Permanent data storage solution
2. Low-cost data retrieval
3. Decentralized data storage network
4. Community-driven governance
AR Risks:
1. Market volatility
2. Regulatory uncertainty
3. Smart contract risks
4. Adoption challenges
Would you like more information on AR or its platform?
Additionally, Arweave has several key partnerships and collaborations, including:
1. Decentralized application (dApp) developers
2. Data storage providers
3. Blockchain platforms
4. (link unavailable)
Arweave's permanent data storage solution, low-cost data retrieval, decentralized data storage network, and community-driven governance make it an attractive option for those seeking decentralized data storage solutions.
Other decentralized data storage cryptocurrencies include:
1. Filecoin (FIL)
2. Siacoin (SC)
3. MaidSafeCoin (MAID)
4. LBRY Credits (LBC)
Would you like to compare these options?