DataSource: Arweave Dashboard

Arweave is a decentralized cloud storage solution designed to disrupt the traditional storage market using blockchain technology. Unlike other cloud storage solutions, Arweave not only offers the security advantages of decentralized storage, but also allows users to make a one-time payment for permanent storage services.

If successful, Arweave could become a top-tier chain in the Web3.0 world. In this article, we will explain what Arweave aims to achieve.

Arweave Introduction

Arweave aims to create a system that allows users to pay a one-time fee for permanent data storage. To accomplish this, it has created storage endowments to ensure permanent storage on the network. When a piece of data is written to the Arweave network, users pay a prepaid fee and generate interest in the form of storage buying power.

Arweave has also developed a REST API to facilitate the development of various file storage applications and create its ecosystem.

Innovations of Arweave

Innovation in Business Model

Filecoin, similar to traditional centralized cloud services, establishes contracts between users and storage providers and charges based on usage. The main competition with centralized cloud service providers is pricing. Arweave solves the problem of long-term data storage. Its business model of one-time payment for permanent storage enables Arweave to bypass price wars with traditional cloud storage providers.

Innovation in Upper Network

The upper network of Arweave, Permaweb, is the operational network for DApps in the Arweave ecosystem. It provides developers with great flexibility, making DApp development easier. Developers only need to use the consensus paradigm of storage and a universal API to develop without limitations of programming languages.

Innovation in Community Incentive Model

- Using the Blockweave data structure, miners only need to store a portion of the historical blocks to start mining immediately, reducing the mining barrier. - There is a donation pool to incentivize miners for long-term data storage. - The profit-sharing community allows developers to share the revenue.

Innovation in Data Storage Integrity

- Combining the frontend page and smart contract into one, making frontend data and contract data a whole. - The innovative AtomicNFT standard stores the forging of NFTs and their content as a whole on the blockchain.

Arweave Node Distribution

Arweave currently has over 1200 nodes worldwide, with the highest number of nodes in China.

Arweave Business Performance

The Arweave ecosystem has experienced rapid growth in 2021, with the data stored on the protocol reaching nearly 40TB.

Overall, the usage of Arweave gateway data has been increasing month by month, with occasional significant spikes.

Deep Collaboration with Solana

Arweave and Solana have partnered to launch SOLARBridge, which was officially released in 2021. SOLARBridge is customized to enable Solana to store data on the permanent network of Arweave. This creates a decentralized, accessible, and publicly available storage solution that can handle massive scalability.

Estimates suggest that Solana generates up to 4PB (or 4,096TB) of data annually. Additionally, Arweave is paving the way for decentralized storage options that can interoperate with other industry-leading blockchains.

Being the official storage solution for Solana, Arweave has shown a similar growth trend in token price to Solana.

Arweave Token Performance

In the context of rapid business growth, the investment market has shown favor towards AR (Arweave token). The token price has increased from $2.63 at the beginning of the year to $57.38 at the end of the year, a 21-fold increase.

Arweave Storage Price

To store files on Arweave, developers create a transaction and pay a certain amount of AR tokens as network fees (currently priced at $0.005/MB) for permanent data storage. In comparison, Amazon S3's low-end package charges $0.000023/MB per month. This means that each Arweave user would need to wait 18 years to achieve break-even. Clearly, Arweave users are paying a premium for permanent storage.

This calculation is based on the current demand and supported token price. If the token price increases, the cost will be higher, and the time required to achieve break-even will be further extended.

Conclusion

Arweave is the storage infrastructure of Web3.0, a decentralized cloud storage solution that solves the problem of permanent data storage over time. Its network and application architecture support development and holistic data storage, creating a native blockchain data solution.

The above content is for personal opinions and reference only, and does not constitute investment advice. If there are obvious misunderstandings or data errors, please provide feedback.

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熱點：區(qū)塊鏈 平臺