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.

This page was last updated on January 28, 2025.