Arweave- the Future of Data Storage

in #ico6 years ago (edited)

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Blockchain technology is buzzing around the world, whether you are on the media or internet

In today's age, it is is important to recognise that block chain technology is one of the few innovations that comes with wide range of features and options of use case.

Blockchain is set to change the world in days to come, it is decentralised, secure,fast and transparent in nature. it offers data to the general public through world wide web, thus all block information are stored within the platform, which is visible in the network.

But there are still room for improvement as there are certain challenges that poses threat to the Present blockchain system. This led a team of experienced and intelligent individual to create a platform that aims to solve one of the rising problem.
INTRODUCING ARWEAVE
Arweave is a block chain based storage protocol, it is designed on a novel-proof of access consensus mechanism, which will influence the permanent, low-cost storage of data.

The journey of Arweave began sometimes back and since its inception, it has been growing from one strengths to another and keeps expanding its network base. The growth recorded recently by Arweave platform had seen an increase in solid partnership of the platform.
Recently, Arweave has always been showing great dedication to members who had been loyal since the beginning of the platform. Over the past year , Arweave has been focusing on shipping innovative technology to the mass market. According to statistics, there are over 1,000 people joining the Arweave community daily. The Arweave team are hardworking, bringing various innovative ways to consolidate more on their service delivery. With a working product and featured apps developed by the community, the popularity of Arweave platform keeps surging.

OPPORTUNITY
The Arweave platform has a great prospect and opportunities for potential investors. Being a data platform and the 21st century digitalization, the prospective growths will keep getting deeper in growth and expansion due to its scalability and affordability in value. As the world population keeps growing in a fast pace and countless of zettabytes of data are being generated by the people, the question of where and how to store it becomes increasingly important. We need something that is easier to use , affordable and still considerably fast . All these reasons further proves why Arweave platform will keep on getting bigger in prospect.
By next decade, the platform is estimated to keep getting bigger in value, for instance , Arweave partnership with Charite , Europe’s largest university clinic. Presently “Arweave and Charite are cooperating to create the journal of Raw Data”; this will enables a data storage for future use. Also ,the data sets from the biomedical research will be submitted to the journal so as to be publicly accessible and available.

TEAM
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ADVISORS-
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CONCLUSIVE THOUGHT
The goal of arweave is to created a blockchain based system that enables scalable one chain storage in a cost efficient manner. The longer you keep your data on-chain the cheaper it gets to store it there.

The project is quite unique, though they have competitors but it's important to acknowledge that arweave it's way ahead because it's ,incentivize a decentralised storage for large volume of data.
TO KNOW MORE ABOUT ARWEAVE.

Join the Telegram Group: https://t.me/arweave

Follow on Twitter: https://twitter.com/ArweaveTeam

Follow on Facebook: https://www.facebook.com/ArweaveTeam/

Follow on Medium: https://medium.com/@arweave

GitHub: https://github.com/ArweaveTeam/arweave

YouTube: https://www.youtube.com/channel/UCdM3INQ5NAsNjWU8-2y_xjw

Website: https://www.arweave.org/

Lightpaper: https://www.arweave.org/files/arweave-lightpaper.pdf

Writer's Bitcointalk Username:chosen one
writer's Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1214784

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