Market Cap | |
---|---|
24 Hour Trading Vol | |
Fully Diluted Valuation | 906.03 B |
Circulating | 65,454,186.00 |
Total Supply | 65,454,185.54 |
Max Supply | 66,000,000.00 |
Week | Month | Year | All Time | |
---|---|---|---|---|
High |
16-12-2024 21.41
0.00%
|
07-12-2024 28.452490816744
-24.75%
|
21-05-2024 48.935777804684
-56.25%
|
05-11-2021 ₹5,730,800.59
-75.72%
|
Low |
15-12-2024 21.317696872134
0.43%
|
11-12-2024 21.087243788691
1.53%
|
07-02-2024 7.85426969868
172.59%
|
31-01-2020 ₹5,628.29
7,151.39%
|
Sr. | Exchange | Pair | Price | Spread | Volume | Volume% | Confidence | Last Traded | Trust Score |
---|
Price | Market Cap | Volume | Date |
---|
Arweave is a decentralised storage network that aims to provide a platform for data storage indefinitely. The network, which describes itself as "a collaboratively owned hard drive that never forgets," primarily hosts "the permaweb" — a permanent, decentralised web featuring a variety of community-driven apps and platforms.
The Arweave network employs a native cryptocurrency, AR, to compensate "miners" for storing the network's data eternally.
Sam Williams and William Jones, two Ph.D. graduates at the University of Kent, established Arweave.
The project was initially introduced as Archain in August 2017, before renaming it to Arweave in February 2018 and formally launched in June 2018.
According to its yellow paper, Arweave aims to provide the "collective ability to preserve and distribute information across individuals and through time to future generations." To achieve this purpose, its flagship permaweb is built on top of Arweave's "blockweave," a blockchain technology variant in which each block is connected to both the one immediately before it and a random older one. According to Arweave, this encourages miners to keep more data because they need to be able to retrieve random earlier blocks in order to add new ones and collect rewards.
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