Arweave: Why It's SO EXCITING!! AR Potential 🤯
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– TIMESTAMPS –
0:00 Intro
2:05 Arweave History
4:49 Arweave vs. Filecoin, Storj, etc.
7:15 Arweave Features
9:50 How Does Arweave Work?
13:11 AR Cryptocurrency Tokenomics
14:36 AR Price Analysis
16:07 Arweave Concerns
17:45 Arweave Content Moderation
19:49 Conclusion
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⛓️ 🔗 Useful Links 🔗 ⛓️
► WayBackMachine Web Archive:
► Arweave Solana Partnership:
► Arweave Storage Costs Explained:
► Arweave Storage Fee Calculator:
► Arweave Web Wallet Extension Guide:
► Arweave Profit Sharing Communities:
► Arweave Mining Guide:
► Arweave Funding Rounds:
► Arweave Content Policy:
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📅Arweave History📅
Arweave was founded by fellow Englishmen William Jones and Sam Williams who met at the University of Kent while working on their doctorate degrees in distributed computer systems and networks.
In an interview with Multicoin Capital, Sam explained that came up with the idea for Arweave following the US presidential election in 2016.
🥊Arweave vs. Filecoin, Storj, Siacoin etc.🥊
All data stored on Arweave is stored forever. Not only that, but you only need to pay once to store that data
By contrast, every other decentralized storage cryptocurrency project only stores your data for as long as you’re paying the computers connected to its network for that service
👨💻Arweave Features, Profit Sharing Communities👨💻
Just like the data stored on Arweave, Arweave applications are permanent, and any modification requires deploying a brand-new application
⛓How Does Arweave Work?⛓
The Arweave protocol consists of two layers: the blockweave and the permaweb. The blockweave is technically a blockchain, but it’s unlike any other blockchain that exists in cryptocurrency
This is because each block on the blockweave refers to the previous block in addition to another randomly selected block called the ‘recall block’.
The permaweb is where all of Arweave’s applications live.
These are created using SmartWeave smart contracts and they can be accessed via various gateways that look and feel like regular websites
💸AR Cryptocurrency Tokenomics💸
AR is Arweave’s native cryptocurrency coin. It is used to pay transaction fees on Arweave, including storing data, retrieving data, interacting with permaweb applications, and sending AR coins
AR has a maximum supply of 66 million, and 55 million AR were minted when the Arweave main net went live in June 2018. The remaining 11 million AR will be minted as block rewards for Arweave nodes
📊AR Cryptocurrency Price Analysis📊
AR’s price mirrors that of Solana’s SOL coin, and that’s no coincidence. This is because Arweave stores all of Solana’s blockchain data, and that requires purchasing AR
🕵️♂️Arweave Concerns🕵️♂️
AR’s supply is heavily concentrated in the top 20 or so wallets. Arweave’s is heavily reliant on Solana for the time being, and it hasn’t seen much in terms of actual user growth
🚫Arweave Content Moderation🚫
Although Arweave brands itself as a permanent censorship resistant decentralized storage network, it also happens to have a content moderation policy.
Though reasonable, it could serve as an attack vector for the network in the future, especially if it remains as centralized as it is.
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Arweave #Solana #Crypto #Blockchain
Vídeo
What do you guys think of Arweave? Honestly, I think this project is really exciting – especially if you have a bullish view on Solana (which I do). Don't forget to follow me on my other social channels folks 👉 https://guy.coinbureau.com/socials/
thanks
"data about the past can be changed! we need a permanent decentralised data archival service!"
"btw we can vote to delete or change data that we don't like"
I am new be looking forward to getting in thx for your help and ideas
Cloud computing AR & RLC I exec RLC partnered with Amazon, Google, Ibm, Intel, Micosoft, Nivida & Alibaba plus many more only 160 Million market cap & 87 Million tokens all in circulation # 290 on Coin market has lots of room for growth their decentralized cloud computing market place will sell idle computer power sitting on servers idle by these fortune 500 companies huge upside plus i like investing in solid projects that retraced 90%
Any updates coming? Thanks a lot!
Super helpful as always.
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Your videos are amazing and very helpful. I am a 41 year old father of 5 that's busts my but everyday doing electrical. A few years ago I got into crypto and been trying to figure trading out on my own but ended up investing instead with technopawns🎡com . Your videos are a big help! Glad I could figure it out and was able to get out of debt and be with my kids more often
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Extremely point by point video Well I will also say this here, Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises. Holding is great, although trading is far more profitable. I was able to grasp the knowledge of trading crypt0 assets early enough, but I was still limited due to my lack of technical understanding of how to analyze the digital market, all that changed when I encountered technopawns🎡com , I must confess it was easier to understand with the assistance of Kendall that has made me over good ᴄoin
I was absolutely sold on AR until the very last part of the video that highlights it won't offer one of the main benefits of blockchain….. Lack of censorship
But arweave has content removal email? Permamuch?
Awesome as usual Guy.. really excited about this one 🙂
Can you stake AR? or generate any passive income while holding it?
I just love this Guy's rhymes
Information about how easy is to delete data from this "permanent" storage is quiet significant in context of fake news and censorship. This make this storage permanent as long as the information stored in it is liked by the network…
Thanks for that great coverage on Arveave. There´s a great balance of historical and systemic information as well as pros and cons of the project. I subscribed and can´t wait to see more covareages like this!
THE RYMES i am so busy and needed to get to the point but how can you nt listen to the most important bit The RYMES
Thanks Guy
AR to the moon i have 1.7 coins lets go. but mayb i should convert them to Luna?
Hey there Guy, can you comment someday on how one of these crypto companies could be bought out by a big tech (or otherwise) company at a certain mkt cap price ? How would they pay out current crypto owners in this company? Or would they pay them out at all. Is it even remotely possible at all ?
Is this another project that pretends to have innovated? Or is there a legitimate decentralized innovation? So many of high tps/concurrency/sharding projects are actually centralized/federated.
So, Arweave – permaweb storage except for when people in power (let's not call them criminals because they define the law to protect themselves. Let's call them politicians, Klaus Schwab, the TLA agencies of your country, and powerful special interest groups like banks and the ESG, all working in your best interests (honest ™) collude and lean on Arweave to 'forget'. Truth be damned.
Indeed, vesting and financial data is hard to find about Arweave. Would I be correct with 9 to 11% inflation yearly?
I HAVE BEEN EXPERIENCING A LOT OF LOSES TRADING ON MY OWN ALL ALONG, CAN SOMEONE GUIDE ME THROUGH A PROFESSIONAL TRADER WHO'S GONNA TRADE AND MAKE FOOD PROFITS FOR ME… ANY IDEA?
So why is it not going more high in price if its max supply is 3x less than Solana?
And here we are, 2 months later… ATH 🙏🏻💰😇👍🏼
I still prefer the GRT. 👍😀
I am here on 11 October 2022 and AR is 80!
and from the date of this video,AR gain 232%
What's the best way to buy Arweave?
They have now 20TB storage 🙂
Pump and dump coin same like many shitty coins .
I make huge profits on my investment since I started trading with Mrs Henrietta Benedict, her trading strategies are top notch coupled with the little commission she charges on her trade
But if the value of the token drop, then wouldn’t that make the whole storage system vulnerable?
Can anyone suggest a legit traders i'm planning to invest
Hello friends! Note the Studyum. The project revolutionizes learning by putting top educators, coaches, and experts in front of every student, innately encouraging students by way of NFT rewards systems. Will STUD token pump this year?
Perfect chance to take part in? 🙂
Your beloved token going through pump and dump, on retail investor. 72$ down to 35$.
Une présentation impressionnante. Merci
Does mining arweave requires high bandwidth?
Only AVAX and SOlANA these days , thanks to you
Saitama is the most legit project right now. Parabolic much.
Arweave to the moon! I sold all my crypto and bought arweave. Sitting now and watching it grow
Nice Video!!!!!!!! I count myself to be successful in trading with the help of my br0ker who manage and handle my trading account, Her strategies are top notch coupled with the little commission he charges on her trade.I can unequivocally say that trading cryptos is one of the most profitable and lucrative business for every investors with the right expert.