Arweave Review

in #cryptocurrency6 years ago (edited)

arweave.jpeg
The data has been decentralized for many years and the problem is how to store these data. The growth of data continues to exceed 100% per year, and due to their increasing heterogeneity, the complexity of managing IT infrastructures increases exponentially. Arweave sets itself an ambitious task to create a data warehouse. At present it is very difficult to imagine the amount of data that will be even in 10 years, given how quickly everything develops. At first glance, it may seem that it is not such a difficult task to create a data storage area, and, as it were, not so.

What is Arweave?
The need for storages grows more and more as the amount of data increases. And an inexpensive decentralized protocol for saving, with the ability to scale is already a priority.
The creators of Arweave have implemented an innovative structure for the development of a storage-storage service called block interlacing. This platform will provide data storage in a more economical way. The platform protocol simplifies the development of decentralized applications on top of the pipeline, which reflects the desire of the authors of Arweave to manage the platform as it develops by implementing new protocols. This feature will be provided to third-party developers.
Platform Features
• Data storage in a decentralized way . All information is available not by subscription, but by a single payment system. The cost of AR tokens will probably become cheaper than the monthly fees paid to competitors such as Filecoin or AWS
• Decentralized data exchange . All data can be downloaded absolutely anonymously and sent to anyone.
• Token AR. Digital coin platform. The main function is to add data to the block system.
• Decentralization and data protection. Any content created on the Internet may be temporary and have proof of ownership.
• Decentralized collaboration with data . Any user has the opportunity to challenge or prove the quality of any information.
The developers of the project report that they make the platform for open and safe data storage. Now I will show a list of projects that were successfully launched together with Arweave
Arweave is a block chain protocol for data storage, which provides high-performance and low-cost storage solutions based on the blockchain. All of them are based on the proof of the mechanism of access coordination. Arweave bases four key technologies:

  1. BlockWeave - A block-like protocol that differs from traditional blockchain with two basic concepts: a) List of hash blocks, list of hashes of all previous blocks. This allows you to verify all old blocks and effectively evaluate all new blocks. B) List of purses, a list of all active wallets in the system. This allows you to check transactions without running the block that used the last transaction. Using these two concepts allows miners to quickly connect and work on this network.
  2. Access proof - The consensus mechanism in Arweaves is based on PoA and classic PoW. While the PoW model to generate each subsequent block relies on the previous block, the PoA model can take this from any randomly selected block. Miners do not need to store the entire block, they can store only a few previously generated blocks, so we get a weave of blocks.
  3. Wildfire is a system that solves the problem of sharing data in a decentralized network. Wildfire is based on a ranking system localized for each node of the network, which determines how quickly new blocks and transactions are distributed among members of the local network, based on how quickly they respond to requests and receive data from other participants.
  4. Blockshadows - Unlike the traditional blocking network where each new blended block is passed to each node on the network, arweave sends only a small piece of the "shadow" block, which allows network members to restore a full block
    Important components of the platform
    Permanent Internet Archive
    An unchanging archive on the Internet will prevent the possibility of deliberate censorship or accidental loss of data in the future.
    Democratic Governance
    The private voting system facilitates the processing of all votes, ensuring that no platform participant or third-party resource can influence the results.
    Open Access Journal
    Charite is already working with Arweave to create a completely new type of freeware magazine.
    Tools for developers
    An open-source REST API platform allows developers to create their own projects based on Arweave using any programming language.
    Period and conditions of ICO
    The exact date for the start of the sale of AR tokens is not known. It was reported only that it will take place before the launch of the main network, scheduled for June 8, 2018.
    sale details:
    • the total number of tokens is 65 million;
    • available for sale- 11 million;
    • hard cap - $ 8.7 million;
    • rate - 1 AR = $ 0.75;
    • support for the standard ERC-20 - no.

Website : https://arweave.org/
Twitter : https://twitter.com/arweaveteam
Medium : https://medium.com/@arweave
Github : https://github.com/ArweaveTeam/arweave

Author: https://bitcointalk.org/index.php?action=profile;u=2048015

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