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Welcome To Wootfi All In One Review Blog > Blog > COINS > Arweave (AR) Coin Review : It Is Good Or Bad Review
COINS

Arweave (AR) Coin Review : It Is Good Or Bad Review

Denny Bitsong
1 year Ago COINS Posted by By Denny Bitsong 7 Min Read Add Comment Tags: Arweave (AR) Coin Arweave (AR) Coin login Arweave (AR) Coin review
Arweave (AR) Coin Review : It Is Good Or Bad Review
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About Arweave (AR)

Arweave On top of the Arweave network lives the premade: a global, community-owned web that anyone can contribute to or get paid to maintain. The premade looks just like the normal web, but all of its content – from images to full web apps – is permanent, retrieved quickly, and decentralized – forever. Just as the first web connected people over vast distances, the permaweb connects people over extremely long periods of time. No more 404s. No more stealth edits. No more web apps that decline in quality.

Arweave In this information age we often succumb to the illusion that because information is readily available, it can never be altered or lost. This is foundationally untrue [7]. While, in the internet, they have built a monumental system of decentralized information dissemination, they have yet to build a corresponding system of permanent knowledge storage. Modern history is full of examples of the destruction and loss of vital information, from fires at libraries and archives [9, 10, 3, 8], to book burning in authoritarian states [12, 11].

Arweave When the look up information on the internet, they are depending on being allowed access to centralized stores of that data. Access to the servers that hold this information can be revoked by their owners at any time. Similarly, as serving information on the internet requires the paying of server and upkeep costs, websites can often simply disappear when funds are no longer available

Arweave(AR) Storage Key Points

Coin BasicInformation
Coin Name Arweave
Short Name AR
Circulating Supply49,449,560.42 RAY
Total Supply33,394,701.00 AR
Source CodeClick Here To View source code
ExplorersClick Here To View Explorers
ChatClick Here To Visit
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Technology

Arweave is built on four core technologies that work together to create low cost, high throughput, permanent storage on a new blockchain.

These Innovations are:

Bloc weave

Proof of Access

Wildfire

Bloc shadows While these technologies are intertwined, each plays a pivotal role in creating a new type of network suited for both fast transactions and low cost permanent storage.

Motivation

Arweave have designed and implemented a blockchain network where permanent, low cost storage is a reality. Weaving storage access into consensus, combined with novel approaches to transaction bundling and arbitrarily sized blocks, creates a high throughput cryptocurrency that improves on other cryptocurrencies like Bitcoin [10] and Ethereum [12]. In the past, archives (internet or otherwise) have typically been maintained by a single institution (or even individual), making them vulnerable to two primary forms of manipulation. The first of these is through the modification of documents during their storage [2].

Arweave Makes Information Permanence Sustainable

Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever – for the very first time. As a collectively owned hard drive that never forgets, Arweave allows us to remember and preserve valuable information, apps, and history indefinitely. By preserving history, it prevents others from rewriting it.

Profit Sharing Communities to Replace the Traditional Start-up Model

Arweave Profit Sharing Community is like a start-up company, except unlike a traditional start-up, it is decentralized, open-sourced, and built on the permaweb. In a traditional start-up model, founders spend most of their time fundraising and contributors often have little to no governance.

Profit Sharing Communities address this by allowing founders to focus on the product, while allowing contributors to contribute to any project they want, whenever they want, however they want! They will then be compensated with Profit Sharing Tokens, these can be used in voting that influences the direction of the company or can be traded in an active token market.

SmartWeave Contract

SmartWeave moves the computational burden of smart-contract execution from the nodes in the network, to the users of the smart contract. Your Community can run fully decentralized using a Smartweave contract. This ensures that data is stored forever on the per maweb and that applications evolve as governed through token holder voting.

Intuitive Dashboard

Arweave Get a snapshot of your Community activity from a simple, intuitive dashboard. Access info such as: Number of community members, members with voting power, amount of outstanding tokens and total supply. You can also check out the available opportunities within each community and the proposed compensation!

Voting and Governance

Everyone has a say! Setup voting polls for proposals, minting new tokens, and burning tokens. Voting power is a function of how many tokens are held, as well as how long you are willing to stake them for. You can also specify requirements on how votes pass or fail.

Arweave Web Archiver and Wallet

Permanently archive web pages and PDFs on a blockchain! 30% of web links break within 2 years! With Arweave you can be sure a page archived today will remain the same forever. No more link rot or 404 ‘page not found’ errors! Arweave web extension lets you create and manage your AR token wallets directly in your browser, making permanent archiving safe and easy. Start archiving for free now! Your free tokens are waiting for you here: https://tokens.arweave.org

Archiving features:
 - Archive web pages
 - Archive online PDFs
 - Export your archival and wallet history to a CSV file
 - Cookie-free safe mode that hides your personal information
 - Preview pages before archiving
Tags: Arweave (AR) Coin Arweave (AR) Coin login Arweave (AR) Coin review

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Denny Bitsong 04/06/2021
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