Arweave (AR)
- Official Website: arweave.org
- Definition: Arweave is a decentralized storage network designed for permanent data storage.
- Category: Blockchain, Decentralized Storage, Token.
- What It Is: A platform for storing data permanently and securely.
- Function: Enables users to store data permanently on the blockchain.
- Analogy: Think of Arweave as a digital time capsule. It stores data forever, ensuring it’s never lost.
- Pros: Permanent storage, decentralized, strong use case for data preservation.
- Cons: Limited adoption, competition from other storage platforms.
- Controversies: Reliance on tokenomics, regulatory risks.
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This page was last updated on January 28, 2025.
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