ARWEAVE :THE STORAGE VAULT BUILT WITH BLOCKCHAIN TECHNOLOGY

Storage patterns have evolved over time from physical systems using cabinets and drawer to online and offline platforms. We are established with our habitual and customary storage space methods such as cloud storage and offline storage. These medium of storage go with issues of various kind such as partial time of storage space, where the stored data is deleted when the cycle is over, extraordinary fees been levied on transaction and insecurity where your stored data is vulnerable to hackers. One can not be safe by storing or transferring data on the internet. A clear scenario of data theft or hack was when the 2016 American presidential aspirant, Hilary Clinton's Emails were compromised on the internet and her information's were leaked, that is not the technology and safety of internet we require.
exponentially. All the above challenges gave birth to a new project called Arweave.

What is Arweave?
Arweave is platform designed to provide scalable on-chain storage in a cost-efficient way
On-chain storage are regarded expensive on the existing blockchains as they need to invovle third-party protocols on the top of existing platforms, meanwhile unlike many existing blockchain on data storage, Arweave’s new protocol provides permanent storage. With the quantity of data stored in the system increased, the amount of hashing needed for consensus decreases, which reduces the cost of data storage. The protocol’s existing REST API makes it simple to build decentralised applications on top of the blockweave.
WHY IS ARWEAVE DIFFERENT?
Arweave is building an ecosystem that will allow improved scalable transactions and data access in a decentralized protocol by concentrating on four core technologies that work together to create low-cost, high-performance, storage space on a new blog:
The core technologies are named;
#Blockweave
#Proof of access
#Wildfire
#Blockshadows

The main technology, Blockweave consists wallet list and block hash list. The block hash includes a list of the hashes of all previous blocks which allows old blocks to be verified and potential new blocks evaluated effectively. Wallet list includes a list of all active wallets in the system. Two technologies allow transactions to be verified immediately without possessing the last block.With Arweave storage system , Arweave requires not only the ability to store large quantities of information, but also provide access to this data in the simplest form.

• Arweave promotes decentralization, which ensures more effective and quality interaction among participants.

• The platform promotes convenient and fast data exchange.

• Arweave ensures transparent and honest relations between all participants.

• Arweave is versatile and is able to accept and create applications in any language.

•Arweave promotes algorithm that allows you to balance supply and demand.

Token details

AR token is a utility token used for exchange in.

Token Symbol: AR

Crowdsale Token Price2: $0.75

Hard Cap: $8,700,000

Team and Advisors
For a project team be successful it needs a complete and well vested team and that is what Arweave has assembled. Check out the team in the image 👇
Find out more about the team from the http://www.arweave.org/

ARWEAVE PARTNERSHIP DEALS

CONCLUSION
Data storage is going to be a huge application in the blockchain environment due to numerous issues in the centralised storage systems such as costs, hacking, security etc. The idea of Arweave is absolute unique compared to some other decentralised platforms trying to solve storage problems. The token matrics and response from the community behind the project suggest there will be huge success in short and medium term. The long-term success always depends on the innovations of the products by the team, and the seem quite capable of achieving their goals. Therefore, I am of the believe that Arweave will become the blockchain vault for storing data.

Useful links

WEBSITE: http://www.arweave.org/

: https://arweave.org/files/arweave-lightpaper.pdf

ANN THREAD: https://bitcointalk.org/index.php?topic=3485308.0

TELEGRAM: https://t.me/arweave

GITHUB: https://github.com/ArweaveTeam/arweave

TWITTER: http://twitter.com/ArweaveTeam

DISCORD: https://discord.gg/R7JGzyX

MEDIUM: https://medium.com/@arweave

REDDIT: http://reddit.com/r/Arweave/

Authors Bitcointalk usersname: Ericks1
Author Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=1872932