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Strategies With AR

On this page, you'll discover a list of investment strategies that include Arweave (AR). Each strategy combines this asset with other cryptocurrencies, offering unique approaches to portfolio diversification. Explore the diverse strategies below and enhance your investment potential with ICONOMI.
There are no strategies with this asset.

What is Arweave

Arweave (AR) is a project dedicated to permanent data hosting – a cornerstone of Web3. The Decentralised Storage Network (DSN) offers permanent storage for a single upfront payment. Unlike other storage blockchains like Filecoin and Storj, Arweave uses a Proof-of-Access (PoA) consensus mechanism. PoA incentivises long-term data storage where miners need to access older, random blocks from the blockweave's history in order to mine new blocks and be rewarded. Each computer in the Arweave network has to check whether they have access to a randomly selected recall block. AR tokens are distributed as mining rewards and were also released with the genesis block. AR is used as a mode of payment for Arweave's storage solutions. Arweave is the storage solution of choice for Solana, Avalanche, Polkadot, Cosmos and the NEAR protocol.