Arweave is a new data storage protocol on a blockchain like structure called the Blockweave. It’s built on a novel proof-of-access consensus mechanism that makes truly permanent, low-cost data storage available for the first time. Unlike other blockchains we’ve created a truly scalable infrastructure to be the backbone for the data economy because we’re able to reach up to 5000 tp/s.That will soon reach visa-level transaction speeds because we’ve built a continuously self-optimising network that will always improve over time as more miners adopt the network, whilst at the same time making storage cheaper. We also store data at a fraction of the cost of our competitors, Filecoin, Siacoin, and Storj over the long-term.
A new data storage blockchain protocol based on a novel proof of access consensus mechanism that creates truly permanent data storage for the first time. Now data is finally permanent, low-cost, and truly censorship free.
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