ARWEAVE: ENSURE EFFICIENCY IN DATA MANAGEMENT.

romanbank (45)in #steemitteam • 6 years ago (edited)

        INTRODUCTION

Life have been revolving like a wall clock with different phases of new innovation and imagination. We have migrate from stone age to industrial system and now computer age.
A lot of technology has surfaced, we have seen some innovation beyond imagination.
One important innovation that has added value to the current system we are now is the invention of blockchain technology. This blockchain has features like decentralization, smart contractetc. All these features it carries can not be underestimate and it has drawn the attention of many sectors like educated, finance, healthcare are now implementing it into their system.

The use of blockchain technology has provide some challenges the old system is facing and this make many platform embracing the system and using the system to address many issues.

There are lot of developer that building so many project on blockchain technology but some set of people has not seen the effectiveness.
In terms of data security, there are still some linkage at the system. Many platform has put on the best they can but has not come up with the final demand that suit the system.

All these challenges make a platform callesld ARWEAVE to came up to solve a challenges facing storage of data.
So Arweave is a platform that store data permanently.

     WHY IS ARWEAVE NEEDED

The data industry is growing everyday and there is urgent need to improve the system for efficient storage of data permanently on a blockchain.

        AIM OF ARWEAVE

Arweave has a aim to decentralized a system with ease and effective permanent storage of data on blockchain technology

     HOW COULD ARWEAVE ACHIEVE THEIR AIM

Blockweave: This is the backbone of data industries.

Arweave is based on an algorithm called "Proof-of-Access", which Arweave to produce a positive externality associated with high energy consumption thus leading to low cost and permanent storage of data.

Wildfire: This is a decentralized algorithm, also known as Self-Organizing Network. The purpose of this is to allow network configuration to autonomously accept the most efficient way to information distribution, thus leading to Self-optimization for low-latency, high bandwidth data writing, and Recall.

Blockshadows: This is known for high transaction throughput. Owing to blockweave, there has been a significant improvement on how transaction speed are computed on a decentralized blockchain, thus paving way for blockshadows which now allows the weave to reach 5000 TPS (Transaction Per Second).Proof of Access: It is worthy to note that Arweave consensus is based on; Proof-of-Work (PoW), Proof-of-Access (PoA).
Arweave makes use of PoW and PoA, and in combination with the blockweave data structure, miners need not store all blocks, but only concentrate on storing of previous blocks which have been incentivized by PoA and Wildfire giving rise to a blockweave.Development of User-friendly Decentralized Applications: In other to successfully promote Arweave, there is great need to make it possible for developers to easily build on top of blockweave. Owing to the fact that Arweave is meant for developers, led to the creation of "REST APIs" thus making it possible for developers to easily create the Arweave application in any desired programming language.

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     BENEFIT OF ARWEAVE

Arweave enables a new Internet based on decentralization and permanent storage of data.

With the help of Arweave, there will be massively Scalable owing to the outstanding technological innovations it's built on.
c. A Platform for permanent Apps.
Some of the featured apps launched on blockweave are;
Permanent Internet Archive, Legal Document Storage, Verifiable Democracy, Build Your Dreams and
Journal of Raw Data.

       CONCLUSION

Arweave aims to create a blockchain-based network powering low-cost and unmanipulatable data storage as well as a high throughput cryptocurrency.
The Arweave ecosystem will seamlessly connect the world in an open and trustless way.