Arweave Decentralized Data Storage

What is Arweave?

Arweave is a recently established blockchain protocol designed to provide secure data storage at a cheaper cost. Arweave focuses on making it easy to build applications on the blockweave to enable the community to access the current technological trends.
Introduction
In our current information era, we are frequently convinced that as long as information is available, it cannot be destroyed or lost. This is false. Arweave has developed a system of decentralized information dissemination on the internet and are planning to build a system with the capabilities of permanent storage. Fresh history has many examples of the destruction and loss of data and information through various disasters as; Library fires, book burning in authorization states,
When we search for information on the World Wide Web, we lean on being authorized to access information stores of that data. Access to the sites that hold this information is can be declined by their owners at any instant. Likewise, serving information on the World Wide Web needs that you pay server fee and usually when the funds are depleted, the websites vanish.

Arweave Blockchain
Every blockchain innovation is placed on the shoulders of giants, including Bitcoin which heavily relies on blockchain technology. The Arweave’s team aims on increasing the space, providing solutions to specified problems in the current blockchain network like storage and improve the transaction speeds. Many blockchain technologies at our current age claim that a ‘’full node’’ needs to sustain a copy of the whole blockchain in order to validate forthcoming transactions. What makes this possible is the Merkle data structures that are built in the blockweave. The Arweave’s team alluded that the subjecting this system to performance enhancements will possibly minimize the liability of synchronization for a full node. Arweave has developed a number of technologies that aims block, node and wallet harmonization.
The whole blockchain need is definitely more of an interference to the current technologies when we focus on data storage. For example, Ethereum which is a decentralized word computer, data storage has become most recently expensive when using their native token. Arweave’s chief incentive is to enable data storage be permanent. Despite the fact that higher fees makes this storage more unrealistic. It is actually possible to store data on the ethereum, earlier trails have failed due to the high data storage costs.

What does Arweave strive to achieve?
Different blockchains have aimed at improving the agreement mechanism between nodes in order to increase the transaction speeds, the problem of data storage still remains the main issue this networks need to address. Arweave focuses on providing a solution to the storage problem first. The company has been subjected to a number of technological enhancements that can be used to achieve high throughput currency transactions.
Arweave has developed and implemented a blockchain network which makes permanent and reduced cost storage a reality. Making storage access into a consensus combined with randomly sized blocks enable the achievement of a high-throughput cryptocurrency like ethereum. Recently, archives have been basically known to be maintained by a single institution or an individual person which makes them exposed to two types of manipulation. The first form of manipulation is the alteration or modification of data and information during storage. The second one is the possibility of these data and information being altered before storage. A simple example is the works which many believe was done by Socrates was actually written down by his disciples. Arweave creates a platform that provides a solution to all of these problems. As soon as the document is stored on the blockweave, it is linked to the other blocks on the weave which ensures that any attempt to alter the information stored will be detected and cancelled by the network at once. This makes sure that there is no alteration of data and information on the weave. Arweave’s team will provide permanent data storage features that the internet very much requires but lacks at the moment.
Arweave has developed a vital component in their system that is designed to enable developers build applications that can interface with, create and use data and information from the network. These applications will serve various functions ranging from discussion websites to decentralized social networks. Prior to the submission of information on the weave, it is compulsory to have a small number of tokens. The funds raised from these tokens will be used to pay miners for their work in keeping the network active. This exemplifies a huge improvement over usual decentralized storage sytem. Likely, it motivates individuals to be aware that the data and information they care much about can be preserved for the future generations. The motivation to keep the blockweave up to date also increases as the network will echo the value of the tokens. Arweave is optimistic that their tokens will become a valuable asset in the information era.

Arweave Team and Advisors


Arweave has a very solid team of experts and advisors with a lot of experience.
For more information about the team and advisors field of expertise please visit their website at https://www.arweave.org/#team or lightpaper https://arweave.org/files/arweave-lightpaper.pdf

Blog by: Rhinoboy11
Bitcointalk: https://bitcointalk.org/index.php?action=profile
Telegram: @rhinoboy11
Facebook: /Conservationists
Medium: Kifaru Mweusi
Steemit: Rhinoboy11
Reddit: Rhinoboy1