ARWEAVE; GIANT OF PERMANENT DATA STORAGE ON BLOCHCHAIN

in #blockchain6 years ago (edited)

Right from onset on blockchain, issues about lost of data has been occurring and reoccurring, which made so many projects dumped without mercy. When i read the whitepaper of "arweave, it made me discover things i couldnt have known without them. I was totally impressed. " storing data permanently, cheap and affordable, dope security, fast transaction without interruption, fast verification of transaction, prevention of lost of data, snappy answer to data request etc. Is actually a good. All thanks to ARWEAVES.

DEFINITION OF ARWEAVES
It is a browsable sistee network to the internat that ensures prolonged/ permanent data storage. And other authentic and relevant information needed by blockchain but not available.

PURPOSE OF ARWEAVES
To build an application that interface with and creating and storage of data permanently from the network to the developers/miners without interruption in every ramifications.

HOW ARWEAVES CHIEFLY ACHIEVED PERMANENT DATA STORAGE
BLOCKWEAVE: Arweaves uses a system ongoing verification instead of previous verification that may warrant delay or cause lost of data. To avoid this, "arweaves brought in two solutions to these.

A. BLOCKHASH LIST: The function of this concept is to verify initial and currently happening blocks to be properly assessed.

B. WALLET LIST: This has to do with actually proceeding/ functioning wallets in the system to run smooth transaction without processing of the prior block. This implies that, combination of blockhash list and wallet list will probably enable download by miners, nodes are made available and weaves almost instantly. Because of the verification progress of blockhash list and wallet list, new minera can commenxe work immediately without further verification and full weaves verification will be readily available to any new node that plans to join and this process will cause miners not to look forth for initial verification which makes verification fast and easy without glitches.
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  1. PROOF OF ACCESS: Arweaves is constructed based on POA and POW thats " proof of access and proof of work. POW centered at initial block while POA has its own different function which has to do with " randomly picked previous blocks selected". With the aid of these two blocks and coupled with BLOCKWEAVE data structure, its not relevant for miners again to store all blocks but can store any of the previous blocks which are chiefly achieved with the help of POA and WILDFIRE, forming a weave of blocks. This helps to prevent data lost.

  2. WILDFIRE: Arweaves is known as a data storage system so as to solve issues of data xost and easy transaction. Witt these good mindset of Arweaves, They constructed an additional layer of incentives to motivate miners to share data freely . isnt this amazing?
    The sole aim of wildfire is to resolve any issue regarding to data distribution in decentralised network, ensuring snappy answer to data request from anybody at anytime. This aid in fast, cheap and fast data transaction without disappointment.
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  3. BLOCKSHADOWS: To limit the rate at which network can interrupt a block, a measure which stands inform of a law was adopted to limit this issue, it implies that, when a new block is mined,each block will be shared to all node in the network irrespective of the amount of data a node has. In order to avoid data wastage, Arweaves identified a new technology called BLOCKSHADOW which stands as both minimizing data wastage, enabling fast block and massive transaction without interruption.

    Blockshadow comprises of both hash of wallet list and hash list.

Blockshadow ensures transaction fees do not escalate.

Blockshadow ensures fast and flexible block distribution.

It ensures fast transaction etc.

TEAM
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Some relevant links to look into.

folloeing links below
https://www.arweave.org/
Whitepaper: https://arweave.org/files/arweave-lightpaper.pdf
Twitter: https://twitter.com/ArweaveTeam
Telegram: https://t.me/arweave
ANN: https://bitcointalk.org/index.php?topic=2066098.0

Author bitcointalk user name: Chika08
Author bitcointalk link:https://bitcointalk.org/index.php?action=profile;u=2107609

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