Arweave header image

Arweave

AR

Crypto

Decentralised Networks

USD 17.80-11.3%

Arweave
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About
Decentralised Networks
Category
n/a
Consensus Mechanism
L1
L1/L2
Other
Sub-cateegory
n/a
Ecosystem
2018
Year of creation
Description

Arweave (AR) is a Decentralised Networks crypto coin. Arweave`s origin block was generated on 2018-07-13. More information can be found at https://www.arweave.org.



Key Technical Advantages:

Blockweave Data Structure: Arweave utilizes a unique data structure known as the blockweave, instead of a traditional blockchain. The blockweave is designed to offer scalable and permanent on-chain data storage. Each piece of data stored in this structure is cryptographically entangled with every other previous block in the network, making it impossible to alter or delete the stored data without being detected by the network. Proof of Access Consensus Mechanism: This unique consensus mechanism helps maintain the blockweave. Miners are required to prove they have access to old data to add new blocks, providing an incentive to store as much data as possible. This mechanism is designed to ensure the longevity and permanence of data. Blockshadows: This is a novel technology that allows the network to scale by reducing the amount of data that needs to be shared across the network when a new block is mined. Blockshadows only share the necessary information for validating a new block rather than sharing the entire block, thereby reducing the amount of data that needs to be transmitted. Adaptive Interacting Incentive Agents (AIIA): This is a game theory-based mechanism that incentivizes nodes to contribute positively to the network. It promotes pro-social behavior and ensures that each node's behavior contributes positively to the network's utility. Decentralized Content Policies: Miners in the Arweave network can democratically decide what content they want to store and share. This allows the network to remain resilient and decentralized, while also giving miners control over the content they store. This is achieved through three aspects: the voting phase, the storage phase, and the incentive design. Content summarized by AI chatbot

Source:

https://ar-io.net/azo-0qw6bb9u5doGdMR-atcIRV_ylJCV4K4Kwv85GO4
Key figures
107%1Y
-65.8%3Y
2,059%5Y
Performance
20/ 171D
28/ 161M
49/ 71Y
Highs/ Lows
30.08.2022
USD 84.85
All Time High
20.98%
% of All Time High
-95.58%All Time
-74.66%1 year
Max drawdown
#90
Ranking by Market Cap
1,187.30 M
Market cap (USD)
0.00%
% of Market
934.600 B
Category Market Cap (USD)
0.13%
% of Category
65652466
Circulating Supply
65652466
Liquid Supply
100.00%
Liquid/ Circulating Supply
66000000
Max Supply
99.47%
Circulating/ Max Supply
276324862
Volume Traded
22.28%
Volume Traded/ Market Cap

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