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Cryptoknowmics
2022-01-14 14:30:02

Arweave Protocol Review : Permanent Data Storage with Low Fees

All of us think that the information uploaded on the internet always remains there. However, this is not the case, in reality, the websites, data that make up the whole internet are often censored, changed, and sometimes removed also. Big centralized enterprises such as AWS, Google Cloud, IBM, DELL EMC store most of the data on the internet. They act as a medium in providing users access to applications, websites and can easily revoke our access anytime. In case these companies don’t have enough funding to maintain the servers, our data can also disappear. Long-term data storage is a big problem faced by internet users currently. Arweave solves all of these problems by following a decentralized approach. What is Arweave? Arweave is a decentralized protocol that allows you to store data permanently on the internet by paying fees only one time. It connects people who need storage to those people having disk space on their hardware devices. It is designed to provide internet users with permanent, cost-efficient data storage. Arweave is built differently than any major blockchains such as Ethereum, Cosmos, Solana, etc. It is built on the blockchain-like data structure called blockweave. In blockweave, each block is linked to the previous block and to a recall block (a random block from the history of the blockweave). The blockweave supports a permanent and decentralized web called the permaweb. It is a collection of websites, data...

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