At the start of this year, one of the most successful ICOs made its mark; Zilliqa returned investors great returns and paved the way for the current blind enthusiasm associated with all projects that intend to deliver a scalable blockchain.

Since investors are now overly zealous about investments in projects targeting scalability, savvy entrepreneurs have a clear opportunity to raise funds. However, too many projects now aim to offer scalability without actually having a proper plan of putting it to use. Even the best engine is useless if you can't find a set of wheels for it. Now, there's a project that aims to deliver scalability by developing its own take on the blockchain--a creation called the blockweave--and then actually puts it to use.

The Right Strategy

Arweave has taken the proper approach to the current scalability craze. Instead of just making another network capable of a lot of transactions, Arweave has a goal: to make the ultimate data storage for the digital era. Lots of teams are joining the race to reach as much a million transactions per second but to no cause except just to provide that technology. Instead, Arweave has a proper goal: the intent to end censorships and create a truly open network for data storage. This is a key distinction; the project has clarified its purpose.

A goal to have the solution to the world's data storage needs of today and tomorrow is extremely ambitious. Arweave supports its claim through developing a new technology, the blockweave; this is a network where less hashing is needed as the amount of data within the system increases. This intuitive solution targets scalability from multiple angles as scalability isn’t just about supporting a greater quantity of transactions, but also making sure the transactions are low-cost. With its blockweave technology, Arweave is able to reach up to 5,000 transactions per second, a scale far greater than current leading blockchain networks.

But again, Arweave’s goal isn’t to develop a high scalability network; the high scalability is a development necessary to support the real product here: a network for low-cost storage of massive volumes of data.

A Solution to a Challenge

Arweave is trying to resolve the current challenge faced by the world in terms of data storage needs. The key here is sustainability; the world is relying on massive amounts of data now and this figure is likely to increase exponentially. To ensure this is achievable, Arweave had to not just offer a network for data storage, but also that allows considerably cheaper means to store it. Additionally, given the massive amounts of data that need to be stored, the transactional volume needed to fulfill the ambition of being the world’s data storage necessitates a network capable of supporting a very high tps.

This is where Arweave is distinguished from all current dApps and scalability blockchains that have been launched so far.

• Unlike the dApps that produce great products that cannot be realistically put into use because networks cannot support them, Arweave has created its own technology to support the underlying network needs of its product.

• Unlike the scalability blockchains that lack a feasible goal and are just competing in an odd race to provide a greater tps, Arweave has keyed down on a purpose for its scalability; in fact, the blockweave’s scalability offering simply exists to facilitate the need of the ecosystem Arweave intends to build. The blockweave’s scalability factors will have a readily available usage.

Essential Arweave ICO Links

🌐 Website: http://www.arweave.org/
💡 Lightpaper: https://arweave.org/files/arweave-lightpaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2066098
💻 Telegram: https://t.me/arweave

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