The project Arweave
About the project
Arweave is a new blockchain project that has already received a huge interest and response from the blockchain community. The project is a blockchain ecosystem for storing data with an already perfect type of mining (you can also call the project an analogue of cloud storage). The creation of such a platform is due to the fact that at the moment the blockchain itself can no longer process a growing amount of data every day cheaply and quickly, while the need for users in such places for storage increases. Of course, there are analogues of the project, but there data storages are very expensive and does not always meet the requirements of users on the confidentiality of data. At the moment, it is possible to test all its basic functions, registration for testing takes no more than 5 minutes (more than 5,000 participants have already joined their community!).
The decision of the project.
The mechanism of the platform is based on PoA (here each block is the result of combined work of PoW and PoS-miners) and PoW (its meaning is to ensure the network workability not with the help of all users, but only a limited group of people who give the network their computing power and get paid for it). The technology allows miners not to store the entire blockchain, but only a few generated blocks, so that blocks are intertwined.
The project offers 4 main options of technologies.
The 1st eliminates the problems of all the current blockchain
2nd- provides miners, rewards and stimulates them.
3rd- creates a ranking system between nodes (rating chain: the fastest nodes get bonuses from the system)
the 4th is necessary for the transfer of data required to establish a full block with transactions. It allows for 5000 transactions per second.
It is possible to create decentralized applications on the platform (it is very simple, the system has its own APIs to create applications in any programming language) and maintain any statistical information. Data storage is protected from intentional modification and accidental loss.
Advantages of the system:
Confidentiality and anonymity of the information.
Low price compared to competitors
The ability of each participant to confirm or deny the information.
The project offers users 2 innovative concepts:
a) integrated access to all previous hashes for data validation and full processing of new information for blocks.
b) a List of all existing wallets in the system. Access to any transactions without limiting yourself to operations on the last block where the last transaction was previously used. It provides instant connection to the network and participation of nodes in mining.
Successful pre-testing of the product
Long-term and low-cost data storage
System of current and instant verification for the participation of databases to re-check the entire network
Ability to adapt to the most effective routes of information distribution. No transaction latency, high network bandwidth.
Private and fair voting system
ICO
To implement the project, it is necessary to collect 8.7 million US dollars.
The cost of 1 token is 75 cents. A total of 65 million tokens will be issued.
The beginning of the platform's work plan on 08.06.2018.
Project team
The team consists of 8 people: 3 top managers, 4 developers and a computer graphic artist. And also 8 basic advisers.
Partners of the project were Techstars, Shelf.Network, Charite clinic (they plan to store their patients ' data).
Summary
Этот проект предлагает достаточно интересное решение для хранения данных. Однако This project offers an interesting solution for data storage. However, it already has existing and successful competitors.Thus, the project requires a large investment in advertising.
It has already been successfully tested and approved by more than 5 thousand registered participants. At the moment, the project can be considered as a promising investment, given the ever-growing need of users for cloud storage.
Сайт: https://www.arweave.org/
РГ: https://arweave.org/files/arweave-lightpaper.pdf
Твиттер: https://twitter.com/ArweaveTeam
Facebook: https://www.facebook.com/ArweaveTeam/
Телеграмма: https://t.me/arweave
Автор
Bitcointalk: https://bitcointalk.org/index.php?action=profile;у=1839683
Твиттер: https://twitter.com/EllaKotlyarskay
Facebook: https://www.facebook.com/profile.php?id=100010466358783
Ссылка на уникальность: https://text.ru/antiplagiat/5b1460c2409c7