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Permaweb – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 06 Mar 2020 16:00:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Permaweb – DIGIT INFO https://www.digit.info 32 32 Arweave Provides a Censorship-Resistant Permaweb for Data and Information https://www.digit.info/arweave-provides-a-censorship-resistant-permaweb-for-data-and-information/ Fri, 06 Mar 2020 16:00:39 +0000 https://www.digit.info/2020/03/06/arweave-provides-a-censorship-resistant-permaweb-for-data-and-information/ Read more]]>

TheMerkle Decentralized StorageBlockchain technology is, in theory, capable of providing a censorship-resistant environment. Arweave, a company exploring this option, has recently raised another $8.3 million in funding. The concept behind Arweave is relatively simple to explain. Arweave Makes the Permaweb a Reality The company is confident its self-developed blockchain can provide a censorship-resistant solution. Any information uploaded to the blockchain will remain stored for a hundred years. Customers are asked to pay upfront for this privilege, but the cost equals less than $0.01 per megabyte.  If this solution becomes more popular, costs for storing data will continue to decline over time. According

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