|
Arweave AR |
|
|
£2.99 |
-2.9% (24h) |
|
|
Marketcap |
||
|
£196,214,257 |
||
|
Volume 24h |
||
|
£16,292,447 |
Description
Arweave (AR) is a decentralized storage network that provides a permanent and scalable solution for archiving data.
Launched in 2018, Arweave enables users to store documents and applications forever, creating what is known as the "permaweb.
" AR, the platform's native token, is used to pay for data storage on the network, with the cost being a one-time fee that ensures permanent storage.
Arweave's innovative approach to data storage challenges traditional cloud storage models, offering a decentralized alternative that is secure, immutable, and censorship-resistant.