#THE ARWEAVE PROTOCOL
The Arweave platform was birthed as a result of the need for data storage. Storing data has been one the major problems with Blockchain and Blockchain powered platforms. Everyday data is stored on a large scale, thus the need for a decentralized low cost storage protocol.
Arweave is a new innovation that replicates the Blockchain structure. The new innovation is called Blockweave is designed to provide the first low cost scalable on-chain storage.
This will put behind the problem of loss of relevant information as it has always been. Many website have lost information owing to bad server, inability to pay servers and maintenance cost. Users who go the website for needed information can't access the site again due to loss of information
The Arweave was able to achieve the feat of low cost data storage, thanks to it being built on a four core technology innovation which are;
a. Blockweave: The Blockweave allow nodes to fulfill network functions without having the whole chain. This will help in verifying old blocks and make evaluation of new blocks effective.
b. Proof of Access: This will help in validation of new block, allow members without a copy of the recall block to verify new blocks
c. Wildfire:The Wildfire will help the problem of data sharing on the decentralized platform through a rapid completion of data requests.
d. Blockshadows: The blockshadow aids fast and flexible block distribution.
IN CONCLUSION
The Arweave platform also offers a server less application architecture, uncensored data access. The Arweave protocol will be first of it's kind ti implement the new Blockchain-type structure called "Blockweave".
TOKEN INFORMATION
Ticker: AR
Token type: OWN WALLET
ICO Token Price: 1 AR = 0.73 USD
Fundraising Goal: 8,700,000 USD Sold on pre-sale: 8,000,000 USD
Total Tokens: 66,000,000 Available for Token Sale: 20,6%
USEFUL LINKS
Website https://arweave.org
Lightpaper https://arweave.org/files/arweave-lightpaper.pdf
Telegram https://t.me/arweave
Bitcointalk Bounty Thread https://bitcointalk.org/index.php?topic=3485308.0
Author's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1900615;sa=summary