Arweave aims to make information storage sustainable. It works like a colletively owned hard drive that stores your data forever, may it be NFTs or some specific data for app users.
A Bit About Arweave
Arweave was started by Sam Williams and William Jones, two programmers from the UK. The idea for the coin came to them after they saw how much personal data is being accessed daily and how companies are making money on this information. They wanted to create a blockchain-based platform that would enable users to store their data in an encrypted format and provide a new digital content and engagement level.
Store data, permanently - with Arweave.CryptoLists.com
AR is a new method of storing digital information. It is a blockchain-based platform that allows users to store and share their data securely. The system allows for secure storage of data off-chain while still allowing it to be retrieved on demand. It's a unique system that allows for creating a new, decentralized data layer that is completely open-source. Users will be able to store their data on this system, which will allow them to not only store it but also retrieve it at any time.
Utility of Arweave?
Arweave can be used by anyone looking to make a secure, private, and decentralized data storage. It is not just a coin but also a whole new way of storing and accessing data. This platform can be used by any person or organization with personal information to store. For example, people searching for jobs will often have to upload their resumes on the internet, where they could potentially be hacked or stolen by others. It allows that resume to be stored in an encrypted format off-chain where it is still accessible while keeping the user’s privacy intact.
Arweave Price details
›› AR tokenomics and social media
Advantages of Arweave+ Arweave offers full transparency.
+ High speed allows your data to be stored in real-time.
+ Arweave provide a high level of security for all users.
+ Arweave coin gives users a cost-effective data storage solution.
+ Decent rewards for Arweave miners.
Disadvantages- Rather high transaction fees to be paid in either BTC or USDT.
- Arweave spends nothing on marketing or education of potential users.
- Very limited support if running into trouble with Arweave transaction.
- Lack of adoption - the network is still relatively small.
Costs▪ Rated at 9/10
Arweave is currently priced at $32.26. The coin is available on Bittrex, Upbit, and Cryptopia exchanges. It is also available on the Arweave platform, where users can purchase the coin in exchange for Ethers and Bitcoin. The coin has a total circulating supply of 695,000,000 AR, with a total supply of 1,000,000,000 AR.
Reputation and Buzz▪ Reputation rated at 9/10
▪ Buzz rated at 9/10
Arweave coin is one of the most talked-about cryptocurrencies for those into storing data. The coin has been making waves with its unique concept, which has led to a lot of buzz surrounding it. It's team is also well known for its blockchain projects, having created several other coins and platforms. They are also known for their exceptional customer support, making them attractive for investors. The team has been in the blockchain industry for several years and is a group of well-respected programmers who have contributed to many large and small projects.›› Trade Arweave here›› Buy/Sell Arweave here