Arweave
Information by Research Trustfinance
Arweave is a novel data storage protocol built on a blockchain-like technology called the "blockweave." Its mission is to enable the permanent and decentralized preservation of digital information. Unlike traditional storage services that require recurring payments, Arweave allows users to store data indefinitely with a single, upfront fee. This is achieved through a sustainable crypto-economic model where interest from a storage endowment covers the costs of storage over time. Founded by Sam Williams, Arweave powers the "permaweb," a collection of websites, documents, and applications stored on its network, creating a permanent and censorship-resistant version of the internet.
United Kingdom
Industry
- CryptocurrencyPRIMARY
Crypto
HQ Location