This is happening all over the centralized internet right now. Those are charts no one wants to see go up.
Screenshot is from Down Detector.
Guess what? You can access info on the Permaweb. It's there and accessible!
Listen to this podcast episode of Permaweb Pioneers, on Arweave!
Or, use an entire app on the Permaweb via @ardriveapp here:
Unfortunately, sometimes it requires events like this for many individuals to begin to understand the power of decentralized networks.
It is not only about being able to store information for generations to come with Arweave, it is also being able to access that data now, via decentralized infra like what @ar_io_network provides.
We as a civilization have the tech to be more resilient. It's alive and well! In fact, it just passed 7 years of existence. And yes, Arweave is the tech.
There are many layers to a decentralized stack. Over the years, the system has become more robust, this is the nature of decentralized networks with node operators all over the globe.
It is a thing of beauty, especially when the fragility of the massive systems powering our current modern lives fracture, divulging real core issues in which our digital world stands upon.
The many, many individuals around the world that do understand these problems often gravitate towards Arweave.
And also, it's many long term thinkers. Why? Because they are likely thinking differently.
Thinking about the fundamentals. Thinking about the fact that giant companies can go down for any number of reasons.
Cheers to those building on Arweave, sharing about it, and continuing to expand the mission of decentralized infra for the betterment of humanity as we know it.
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Chloe(🔆)
Currently, AI and RWA are undoubtedly market hotspots, but in the future digital world, secure and efficient decentralized data storage and distribution will always be an indispensable infrastructure. 💡💡💡
After six years of focusing on the development of underlying data technologies, the decentralized storage project @CESS_Storage is finally approaching a critical milestone: the mainnet is about to launch and the TGE will be initiated simultaneously.
Last night, I chatted with @JessieDai_CESS for over an hour and learned more exciting news about CESS in advance, including the developer incentive program, node expansion, ecological suggestions, and a series of activities. I wish CESS a smooth mainnet launch, which can bring more innovation and vitality to the decentralized storage sector based on projects like Filecoin and Arweave.
Additionally, CESS is expected to hold a small meetup in Shenzhen in early July. Interested friends can keep an eye on it; I will be the first to sign up.
"Trading and development are like walking on two legs; every industry participant needs to understand and manage the relationship between the two." I couldn't agree more with Jessie's words last night. 🥹🥹🥹
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Crypto Doggy 叫我狗总
The prospective new CFTC chair @BrianQuintenz is also the head of compliance for a16z's crypto division and a director of polymarket competitors.
He holds several crypto funds in a16z and may indirectly hold Bitcoin, Ethereum, Solana, Maker, Avalanche, Aptos, Lido, Uniswap, dYdX, Flow, Near, Arweave, Handshake.
Although he will definitely clear the warehouse after the vote, he will be his own people in the future.
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Bleeding Crypto
$AR Who remembers this one?? Scroll up on my timeline if you think I’m lying. It’s all tagged and dated!!
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Baeko백호
How Irys Solves the Blockchain Storage Problem
Blockchain has enabled decentralization and trust through its distributed nature, but it faces significant limitations when it comes to data storage.
In particular, smart contract based chains like Ethereum and Solana prioritize reducing the cost of contract execution, but the cost of data storage remains extremely high compared to transaction execution costs.
For example, storing a 1MB file directly on Ethereum would cost approximately $3,800 in gas fees at the current average gas price of 1.5 gwei.
This makes it extremely difficult to use blockchain technology for data storage on a large scale and hinders its broader adoption.
To solve this problem, data chains such as Arweave and Filecoin have emerged, aiming to provide cheaper and more efficient onchain storage.
However, these data chains face significant issues with cost predictability, storage costs fluctuate heavily depending on market conditions, creating uncertainty for long term use and budgeting.
This is why @irys_xyz is created.
IRYS has re-engineered the storage process and cost structure in an innovative way, differentiating itself from traditional data chains.
First, IRYS handles data using a dual ledger system : the Submit Ledger and the Publish Ledger.
Data is first temporarily validated and then promoted to permanent storage, enhancing both the reliability and efficiency of the storage process.
However, the most important feature of IRYS is its cost stabilization mechanism.
IRYS predicts and records the IRYS/USDT price at every block.
This price data isn’t just a snapshot, it’s averaged over time to smooth out volatility, allowing developers and enterprises to predict long term storage costs and manage budgets with greater confidence.
Additionally, if an IRYS node submits a price that deviates too far from the market reality, the block can be rejected by other nodes.
This built in incentive mechanism ensures the accuracy and integrity of the network's pricing.
IRYS is not just a cheap storage network.
IRYS is a network focused on building predictable, reliable, and stable infrastructure for data storage.
Baeko백호
Why Irys Programmable Datachain?
Bitcoin revolutionized payments. Ethereum unlocked smart contracts, transforming industries like finance, gaming, and communications. But throughout this evolution, one critical limitation became increasingly evident, data storage.
Traditional blockchains were optimized for executing smart contracts, not for storing data.
As a result, storing even a single image on Ethereum can cost hundreds of dollars.
The inefficiency of onchain storage made it clear that a new solution was needed, one that could store data securely and affordably onchain.
This led to the rise of datachains.
Datachains are blockchains specifically designed to store data efficiently onchain.
Projects like Arweave and Filecoin pioneered this space, successfully reducing the cost of onchain storage.
However, they came with a major limitation, the data they stored remained static.
It existed, but it couldn’t interact or perform any active function.
Today, we stand at the threshold of the next evolution.
Data must go beyond mere storage.
Data must become dynamic and capable of action.
This is where @irys_xyz comes into play.
Irys aspires to be the world’s first programmable datachain.
Irys doesn’t just store data; it imbues it with properties and rules, enabling direct interaction with a variety of applications.
On Irys, data can carry ownership rights, access permissions, royalty structures, and more, transforming it into a programmable entity intimately linked with smart contracts.
It's like turning a static document into a living, functional program.
Moreover, Irys integrates storage and execution within a single network, addressing both the cost and scalability challenges faced by traditional blockchains.
Through its proprietary IrysVM, data and smart contracts interact directly within the same protocol, eliminating unnecessary intermediaries.
This allows developers to build onchain applications more efficiently and at lower costs.
Verification and trust are also at the core of Irys design.
A multi ledger architecture ensures that data is validated at upload and then promoted to permanent storage.
Irys employs a technique called Matrix Packaging, incentivizing miners to store unique, verifiable copies of data, thereby reinforcing the network’s overall reliability.
Centralization, a persistent issue in many blockchain systems, is addressed through Irys hybrid consensus mechanism, which combines Proof of Work (PoW) and Proof of Stake (PoS).
The protocol limits the hash power that any single mining address can control, ensuring a truly decentralized and open network without risking dominance by any single entity.
In this way, Irys is not merely a data storage solution; it is a living, dynamic onchain infrastructure.
Irys represents a decisive step away from static storage and toward a future where data and applications are deeply interconnected.
PS : @xaitoshi_ Let me join @irys_xyz community😃
The current price of Arweave is ₺238.48. Over the last 24 hours, Arweave has decreased by -9.18%. It currently has a circulating supply of 65,454,186 AR and a maximum supply of 0 AR, giving it a fully diluted market cap of ₺15.67B. At present, Arweave holds the 0 position in market cap rankings. The Arweave/TRY price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
As the popularity of blockchain soared due to its secure and immutable nature, Arweave seized the opportunity to create a platform that offers a unique approach to data storage. The project's innovative concept holds the promise of virtually limitless storage capabilities, opening up new possibilities for individuals and businesses alike.
What is Arweave
Arweave is a decentralized storage network that aims to revolutionize data storage by providing an indefinite storage solution. At the heart of Arweave's ecosystem lies the concept of the "permaweb," which represents a permanent and decentralized web infrastructure. Through the permaweb, Arweave hosts a multitude of community-driven applications and platforms.
The Arweave team
Arweave was founded by two PhD candidates at the University of Kent, Sam Williams and William Jones. Sam Williams brought his expertise in decentralized and distributed systems to the project, while William Jones specialized in neural networking and graph theory. Although Williams made the decision to leave his studies and dedicate himself fully to Arweave, Jones chose to complete his PhD before pursuing other ventures.
How does Arweave work
Arweave operates on a unique technology called Blockweave, which forms the foundation of its permaweb. Unlike traditional blockchain systems, Blockweave connects each block to two others: one that comes before it and another chosen randomly from earlier blocks. This design incentivizes miners to store more data by requiring them to access previous blocks in order to receive rewards.
Arweave’s native token: AR
Arweave's native token, AR, plays a crucial role within the Arweave network. The cryptocurrency was launched in late May 2020 with a maximum supply of 66 million AR tokens and a total supply of 63.19 million. The circulating supply currently stands at 33.39 million.
AR is readily available for trading on numerous decentralized exchanges (DEX), providing users with easy access to participate in the Arweave ecosystem. Additionally, AR is listed and actively traded on nearly 50 prominent centralized exchanges, including OKX TR. This broad availability and exchange support contribute to the liquidity and accessibility of AR, facilitating its use within the Arweave network and enabling users to engage with the platform's innovative decentralized storage solutions.
How to stake AR
One popular way to stake AR is through OKX TR Earn. OKX TR Earn offers a one percent APY with a flexible staking term. Through staking AR, you can earn passive rewards. You may also unstake AR at any time.
AR token use cases
AR token, the native cryptocurrency of the Arweave network, plays a crucial role in facilitating the storage and permanence of data. Unlike traditional Web2 storage platforms such as Google Cloud or Amazon Web Services that require recurring payments, Arweave operates on a one-time, up-front fee model.
By using AR tokens, users can securely store their data on the Arweave network, ensuring its permanence, privacy, and immutability. Once the data is stored, it remains safe and accessible indefinitely, making Arweave a unique platform for individuals and organizations seeking a decentralized and permanent storage option.
AR token distribution
AR’s distribution is as follows:
38.5 percent was sold from the Genesis Block supply.
2.9 percent was allocated to project advisors.
13 percent was set aside for the project team, with a fifth of this allocation being released annually over a period of five years.
19.1 percent was allotted for further development of the Arweave ecosystem.
26.5 percent was reserved for future financing of the project, with a fifth of this allocation being released annually over the course of five years.
Arweave and the future of online storage
With Arweave, users can securely store their data in a permanent and tamper-proof manner, ensuring its long-term integrity. This innovative approach to online storage eliminates the need for traditional Web2 solutions, such as recurring payments on centralized platforms. On top of that, with its focus on decentralization and immutability, Arweave is poised to transform the landscape of online storage and pave the way for a new era of data permanence and accessibility.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 704 new posts about Arweave, driven by 429 contributors, and total online engagement reached 149K social interactions. The sentiment score for Arweave currently stands at 68%. Compared to all cryptocurrencies, post volume for Arweave currently ranks at 3520. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Arweave.
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Posts
704
Contributors
429
Interactions
149,419
Sentiment
68%
Volume rank
#3520
X
Posts
532
Interactions
144,360
Sentiment
68%
Arweave FAQ
What is Arweave (AR)?
Arweave (AR) is a blockchain-based project that operates as a decentralized storage network. It introduces a unique platform where users can securely and indefinitely store vast amounts of data. By leveraging blockchain technology, Arweave ensures data immutability, privacy, and long-term accessibility.
What are the benefits of Arweave?
Arweave presents several notable advantages compared to traditional storage solutions. One key benefit is the requirement of a single upfront fee for data storage. Once the fee is paid, the stored data remains permanently accessible without the need for recurring payments. This provides a cost-effective and hassle-free storage option. Additionally, Arweave guarantees the safety and immutability of the stored data, offering peace of mind for users concerned about data integrity and security.
Where can I buy the AR token?
Easily buy AR tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include AR/USDT and AR/USDC.
Currently, one Arweave is worth ₺238.48. For answers and insight into Arweave's price action, you're in the right place. Explore the latest Arweave charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Arweave, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Arweave have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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