Arweave (AR): value and price trends

Discover what Arweave (AR) is, the project for decentralised and permanent data storage, and how it works.

Arweaveis not supported by Young Platform.

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What is Arweave (AR)

Arweave is a project dedicated to decentralised and permanent data storage, based on a technology called “blockweave”: unlike linear blockchains, each block is linked both to the previous one and to a random block among the past ones, a mechanism that incentivises nodes to keep large amounts of data.

Note: Arweave is not currently supported by Young Platform; this page is purely informational. The AR token is used to pay for storage and bandwidth, to take part in governance and in marketplace exchanges.

How it works and how it began

The protocol uses “Proof of Access” (PoA), a variant of Proof of Work that requires miners to demonstrate access to previous blocks when adding new ones. In 2020 a DAO was launched for community governance. Arweave was founded in 2018 by Sam Williams and William Jones.

Its investors include Andreessen Horowitz, Union Square Ventures and Coinbase Ventures. Like all crypto-assets, AR has shown a highly volatile price trend; past performance is not a guarantee of future results.

Arweave Market Data

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