Project Review: Arweave ($AR)

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Arweave

Arweave aims to deliver a global, permanent hard drive on a new kind of blockchain. If successful it may enable high throughput, decentralized, immutable, and most importantly, low cost data storage. The team consists of current PhD computer science candidates out of the University of Kent who joined the TechStars Berlin 2018 accelerator program under the name Archain (since renamed to avoid confusion with other projects such as Rchain and Achain). When you read down to the Team and Advisors section you’ll see both the University of Kent and TechStars fingerprints all over this project. TechStars is an incubator to look out for, they produced another hyped cryptocurrency project: Loom Network (TechStars NY). The team publishes on Medium often so it is easy to follow along the history of the project from their pre-TechStars to post-TechStars days. There is a clear graduation from a university-based project to a “cryptocurrency” project flushed with advisors and a marketing machine behind it as you read through their posts. That clear growth to me indicates a maturing team and the ideas behind underlying this project.

File storage: the old fashioned way

Arweave’s project has been tested over the last several months and further developed within the TechStars accelerator. In…