Pay once, Store Forever.
Arweave is a new data storage blockchain protocol based on a novel proof of access consensus mechanism that creates truly permanent data storage for the first time. Now data is finally permanent, low-cost, and truly censorship free. Arweave makes permanent data storage a reality for the very first time. As the $3 trillion data-storage industry is growing, the need for cheap, distributed, permanent data-storage on the blockchain has become an urgent necessity. This has led to an increase in AR Price.
Arweave Makes Information Permanence Sustainable.
Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever – for the very first time.As a collectively owned hard drive that never forgets, Arweave allows us to remember and preserve valuable information, apps, and history indefinitely. By preserving history, it prevents others from rewriting it.
On top of the Arweave network lives the permaweb: a global, community-owned web that anyone can contribute to or get paid to maintain. The permaweb looks just like the normal web, but all of its content – from images to full web apps – is permanent, retrieved quickly, and decentralized – forever. Just as the first web connected people over vast distances, the permaweb connects people over extremely long periods of time.
Let us review AR Price.
AR Price Prediction
AR has broken out of the resistance zone at $19.43. It is likely to make a run towards $26.19 before making a correction. If the resistance at $26.19 does not break, we could start seeing a move down towards $19.43. Failure to hold the resistance turned support at $19.43, we could see a move towards $17.21 and $14.87. If the resistance at $26.19 breaks, we could see a leg up towards $36.34 and $52.72.
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