Arweave (AR) is a decentralized storage network that offers a unique solution for permanent data storage.

It uses an innovative data structure called "blockweave" and a consensus mechanism known as "Proof of Access" to ensure that stored information remains immutable and accessible indefinitely.

Main features:

  1. Permanent storage: Arweave allows users to store data permanently with a one-time upfront payment, eliminating the need for subscriptions or recurring payments.

  2. Blockweave: This data structure, similar to a blockchain, is designed for efficient and scalable storage of large volumes of information.

  3. Proof of Access (PoA): This consensus mechanism incentivizes miners to replicate and verify old data, ensuring the availability and permanence of information on the network.

Utilities:

  1. Permaweb: A web layer built on Arweave that enables the creation and hosting of websites and decentralized applications (dApps) with immutable content.

  2. Arweave Token (AR): The native token of the network is used to pay for data storage and reward miners who maintain the integrity and availability of the information.

  3. dApp Development: Developers can build applications that require permanent and censorship-resistant storage, leveraging Arweave's infrastructure.

Whitepaper:

The official whitepaper of Arweave, titled:

- "Arweave: A Protocol for Economically Sustainable Information Permanence"

It is available on its official website.

Annual price evolution of Arweave (AR):

This is a list with the approximate price of AR at the end of each year since its launch:

  • 2019: $0.60

  • 2020: $2.50

  • 2021: $55.00

  • 2022: $7.50

  • 2023: $5.00

  • 2024: $21.13 (as of November 28)

* Arweave stands out in the blockchain ecosystem for its focus on permanent data storage, offering an innovative solution to preserve information in an immutable and accessible manner.

Its unique architecture and sustainable economic model have attracted a growing community of developers and users interested in decentralized applications that require durable storage.

Still, remember that it is essential to conduct thorough research before participating in the network. *


$AR