Arweave and AR.IO celebrate 6th anniversary of Permaweb pioneering

new york city, June 6, 2024 / AlexaBlockchain/ – As we celebrate the 6th anniversary of the Arweave ecosystem, it is truly amazing to witness the exponential growth and impact the Arweave ecosystem has had on decentralized storage. Since its founding, Arweave has revolutionized data storage and security by permanently storing massive amounts of data. This milestone highlights Arweave’s success and AR.IO’s contribution in providing the infrastructure needed to support this journey.

“Looking back over the past six years, the Arweave ecosystem and AR.IO have transformed the way we think about data persistence and security,” said Phil Mataras, CEO of AR.IO. “It’s clear that our approach resonates with audiences around the world. At AR.IO, we are committed to building on this foundation so the persistent web can continue to thrive and innovate for years to come.”

Importance of innovative technologies from Permaweb and AR.IO

To solve the problem of long-term, immutable data storage, Arweave was developed as a decentralized network that provides persistent data storage and hosting. This protocol ensures that data stored on the network is accessible and unchanged, preserving digital data for years to come. PermaWeb is the next step in the evolution of the Internet, providing a permanent and secure way to store and access your data.

Arweave is adding thousands of new users every day and recently surpassed 6 billion transactions, making it the fastest-growing decentralized storage protocol in the industry. With monthly transaction rates quadrupling over the past six months (from 200 million in November 2023 to 800 million in May 2024), Arweave’s growth shows that persistent storage adoption is growing more rapidly.

From Permanent Data Solutions, the creator of ArDrive, AR.IO is building the infrastructure to decentralize access to Arweave and future-proof the persistent web. AR.IO founder Phil Mataras drew on his extensive experience in system architecture and was deeply fascinated by Arweave’s unique ability to store data persistently. However, considering the limitations of Arweave, AR.IO solves the problem of retrieving that data stored on the Arweave network.

Additionally, recognizing the need for private data and an intuitive file system within Arweave, Phil was one of the first to build on Arweave, introducing the Arweave File System (ArFS) at the first Open Web Foundry in 2020 to support encryption. made it possible to organize data. By hierarchy. After its debut, the ArDrive app was launched and quickly established itself as the leading file storage solution in the Arweave ecosystem, storing a significant portion of Weave data and was recently recognized as a Best Web3 App of 2024. To ensure decentralized access to persistent data, Forward Research, the Arweave core team, has entrusted management of arweave.net to the PDS team. In spring 2022, Mataras and the PDS team raised $17 million to develop a new decentralized gateway infrastructure. Since then, the team has been building a new AR.IO network protocol to decentralize gateways.

Currently on testnet, the AR.IO network is not simply a set of open source protocols for gateways, but an open source, infrastructure-centric protocol, namely the Arweave Name System (ArNS).

“The AR.IO network is redefining the way we interact with decentralized data storage,” Mataras said. “After previously creating ArDrive, one of the first applications to simplify access to persistent data, we have been setting new standards in the Arweave ecosystem for several years. With our upcoming mainnet launch and features like ArNS (a way for users to name and easily find data, apps, or websites on Arweave), we’re creating decentralized storage that’s accessible to everyone. We are further accelerating our mission.”

Community initiatives leading to AR.IO mainnet

The AR.IO community is the driving force behind AR.IO’s success, and community engagement initiatives have played an important role in the growth of the AR.IO ecosystem. AR.IO launched Zealy Quest to educate and incentivize new, loyal community members, with over 35,000 participants participating. This helped drive growth and engagement and enabled the community to engage with AR.IO prior to mainnet. They’ve also partnered with Developer DAO to create a series of Academy courses that give developers a step-by-step guide to all things AR.IO, so they can take advantage of the technology as soon as another testnet round opens. Finally, with all eyes in the ecosystem focused on AO, an ultra-parallel supercomputer, AR.IO will be migrating AR.IO technology from SmartWeave to AO, which will deliver significant improvements to meet the changing needs of the persistent web. no see.

“Our community is the backbone of AR.IO, and the success of Zealy Quest with over 35,000 participants proves this. We’re really excited to see our community following X grow from 4,000 to 30,000 followers,” said Mataras. “As we prepare for our mainnet, expanding our reach outside of the Arweave ecosystem has helped educate and introduce persistent data storage to a new community.”

As AR.IO continues to deepen its relationship with our growing community, we are excited to announce the launch of the AR.IO Ambassador Program. The program aims to foster engagement within the community by recruiting ambassadors to engage more closely with AR.IO and reward them for their ongoing contributions. AR.IO hopes to create a vibrant and active community that will drive adoption and growth of the network by empowering the most passionate AR.IO supporters.

An additional anticipated element of the network launch will be AR.IO’s IO token, which will be used to align network incentives and promote ecosystem health. IO token holders will have the opportunity to participate in governance and protocol rewards by staking their tokens on the AR.IO gateway. Tokens are also used for utilities such as ArNS name rentals, allowing token holders to purchase and trade friendly names that can be mapped to persistent web content.

These initiatives are designed to ensure that everyone has the opportunity to be part of the decentralized future that AR.IO is building.

Join AR.IO’s mission to make persistent, decentralized data storage a reality for everyone. Explore the whitepaper, follow AR.IO development on X (https://x.com/ar_io_network), participate in Zealy quests to earn rewards, and join the future of persistent data storage with AR.IO. Together we can build a more secure and sustainable digital world.

Introduction to AR.IO
AR.IO is revolutionizing global data storage and accessibility by leveraging the power of decentralization and incentivization. AR.IO is a leader in providing scalable, distributed storage solutions by combining powerful infrastructure and user-friendly applications. The AR.IO team is committed to advancing the persistent web through innovative solutions and powerful network protocols, making persistent data storage accessible to everyone.

source: AR.IO

Submit your blockchain and cryptocurrency press release here.