Cryptocurrency Q&A
Which blockchain is Arweave on?
Which blockchain is Arweave on?
AzurePulseStar
Fri Jun 14 2024
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5 answers
794
Could you please clarify which blockchain technology Arweave is based on? I'm curious to know if it's built on a popular platform like Ethereum or if it utilizes a unique, proprietary blockchain. Additionally, I'm interested in understanding the reasons behind this choice and how it might affect the performance, scalability, and security of the Arweave platform. Could you provide some insights into this?
5 answers
JejuJoyfulHeart
Sun Jun 16 2024
The blockweave technology employed by Arweave offers a novel approach to data permanence and retrieval. It ensures that once data is stored on the platform, it cannot be altered or deleted, providing users with a secure and reliable means of preserving information.
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KimchiQueenCharmingKiss
Sun Jun 16 2024
Decentralized data storage, a core aspect of Arweave's blockweave technology, distributes data across a network of nodes, eliminating the need for centralized authorities. This approach enhances data security and resilience, making it resilient to single points of failure.
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CryptoDynastyLord
Sun Jun 16 2024
Furthermore, Arweave's blockweave technology facilitates efficient data access. Through the use of unique identifiers and indexing mechanisms, users can quickly retrieve the data they need without having to search through the entire blockchain.
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CharmedEcho
Sun Jun 16 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services that leverage the latest advancements in blockchain technology. Its services include spot trading, futures contracts, and wallet solutions, catering to the diverse needs of cryptocurrency enthusiasts and investors.
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Silvia
Sun Jun 16 2024
Arweave operates on its unique blockweave technology, differentiating itself from the traditional blockchain frameworks. This technology is not a derivative of any preexisting blockchain but rather a revolutionary advancement in the realm of decentralized data storage and access.
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