aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
Elrond Price Prediction
September 30, 2021
What is the Metaverse?
October 1, 2021
Show all

Arweave Price Prediction

Published by Aeon Flux on September 30, 2021
Categories
  • News
Tags

Arweave (AR) is a utility token of the Arweave project — a blockchain-like decentralized storage solution. Arweave was founded in 2017 and as of 2021 is in its alpha stage. The project has attracted the attention of well-known investors like Andreessen Horowitz.Arweave’s team points out that the centralized information storage model puts too much control in one agent’s hands: the information can be easily changed after it was first put into storage, for example. This is what the blockchain solutions are designed to avoid. Arweave uses blockweave — a blockchain-like structure that ties every new block (by hashing) not just to the previous one, but also to one additional block chosen at random. This is a part of what is called Proof-of-Access consensus; the nodes don’t have to store copies of the whole blockchain as long as they can access a specific block.Among other novel features of Arweave are blockshadows: this is the technology allowing not to waste space and bandwidth distributing every mined block to every node in the network. Instead, only partial information is disseminated, letting the nodes reconstruct the block. To facilitate rapid data retrieval, Arweave implements the Wildfire system, which resembles a peer-provided rating system and encourages efficient work.Arweave’s consensus mechanism combines Proof-of-Access (described above) and Proof-of-Work. As an incentive for their work, the miners get AR tokens. They are also used as transaction fees and as a payment for the Arweave storage services.Arweave’s price has seen decent growth in the spring of 2021, going from ~$2–$3 at the year’s start to more than $32 by March. It wasn’t immune to the crypto market summer slump, climbing down steadily over a couple of months and trading barely above $7 in July. By mid-August AR went through its first big jump, breaking through its previous resistance and…

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy