(1/15)
#Arweave protocol/network leads the pack in permanent, decentralized, censorship-resistant data storage

Pay once, store forever (~200yrs)
Permanent storing & hosting for NFTs & Web3 apps

Thread https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="RĂŒckhand Zeigefinger nach rechts" aria-label="Emoji: RĂŒckhand Zeigefinger nach rechts">
(3/15)

New use cases:

1. Improved data access

(SPoRA) prevents remote storage on servers like AWS, emphasizing speed of access, but does not prevent pooling:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="RĂŒckhand Zeigefinger nach rechts" aria-label="Emoji: RĂŒckhand Zeigefinger nach rechts"> https://github.com/ArweaveTeam/arweave-standards/blob/ans-103/ans/ANS-103.md">https://github.com/ArweaveTe...
(4/15)
Arweave use cases continued...

2. Data “provenance”
3. Authenticity (proof-of-existence)
4. Incentivized data storage

#Arweave’s Endowment Pool is geared towards long-term sustainability.
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https://www.arweave.org/yellow-paper.pdf">https://www.arweave.org/yellow-pa...
(5/15)
Arweave use cases continued...

5. Permaweb: Arweave’s application layer, a “Global community-owned web”

- Provides all the #DeFi building blocks (Currently used by #Uniswap, #Compound, #Solana (SOLAR bridge)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="RĂŒckhand Zeigefinger nach rechts" aria-label="Emoji: RĂŒckhand Zeigefinger nach rechts"> https://arweave.medium.com/welcome-to-the-permaweb-ce0e6c73ddfb">https://arweave.medium.com/welcome-t...
(6/15)
Arweave use cases continued


6. Profit Sharing Communities (PSCs)

“open-source ‘companies’ that pay out an immediate dividend on profits.”

- Bootstraps dev activity

Generate income w/ Profit Sharing Tokens (PSTs)
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https://www.arweave.org/profit-sharing-communities">https://www.arweave.org/profit-sh...
(7/15)
#Arweave Disadvantages:

Users pre-pay for future storage costs, so the data must be available for long-term

Increased adoption = exponential growth of data (today it’s over 8.5 TB) Miner centralization is a real problem, but miners don’t need to store the entire “Weave”
(8/15)
Arweave must incentivize miners to stay online because fewer data replications = less secure permanent data storage

Solution: “Proof-of-Access”
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(9/15)
Arweave’s PoW incentivizes miners to store “rare” data chunks as the network becomes too large for anybody to store a full node.

Their current pricing mechanism adjusts AR (their native token)/Mb cost during volatile price swings, w/o heavy reliance on external oracles
(10/15)
#Arweave Exploit: “Sacrifice Mining”

Miners upload data without sharing, increasing the chances of a reward in the future.

- Good for the endowment, but not productive storage.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="RĂŒckhand Zeigefinger nach rechts" aria-label="Emoji: RĂŒckhand Zeigefinger nach rechts"> https://arweave.news/arweave-miners-are-sacrificing-their-ar/">https://arweave.news/arweave-m...
(11/15)
Data storage on Arweave should remain affordable long-term

However, w/o an incentive for nodes to act as gateways, there’s no guarantee for timely data retrieval

Arweave’s solution = http://amplify.host"> http://amplify.host  (a consensus protocol for an incentivized Permaweb gateway
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(12/15)

Amplify & Arweave source tweet: https://twitter.com/ArweaveTeam/status/1381601940757487620?s=20">https://twitter.com/ArweaveTe...
(13/15)
Future unknowns:

Arweave is a pioneer in a burgeoning field, so we really don’t know how all the moving parts and technologies will evolve.

Those unknowns pose a risk when considering the sustainability of Arweave’s long-term incentives.
(14/15)
Does Arweave outdo #Filecoin?

Filecoin = temporary storage (decentralizing Amazon S3)
Arweave = permanent storage

Strong flex article on #Arweave https://abs.twimg.com/emoji/v2/... draggable="false" alt="đŸ’Ș" title="Angespannter Bizeps" aria-label="Emoji: Angespannter Bizeps"> https://cryptocalibur.com/arweave-bull-case/">https://cryptocalibur.com/arweave-b...
(15/15)
The Web 2.0 model is broken.

#StoreYourTruth forever.

Congratulations @ArweaveTeam on your success thus far!

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚠" title="Warnsignal" aria-label="Emoji: Warnsignal"> Nothing in this thread is financial advice.
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