The $AR or #Arweave is a decentralized storage network that aims to provide a platform for indefinite data storage.

Describing itself as a “collectively owned hard drive that never forgets,” the network essentially hosts a #Permaweb decentralized permanent web with a number of community-driven applications and platforms..

The Arweave network uses a native cryptocurrency, AR, to pay 'miners' to store network information indefinitely.

The project was first announced as Archain in August 2017, rebranded to Arweave in February 2018, and officially launched in June 2018..

The official Arweave network website states that it is a protocol that allows the user to store data permanently and sustainably for a one-time upfront fee.

Using a decentralized network, it operates similarly to how Uber connects drivers with people who need transportation.

The Arweave protocol essentially pairs people who need to store their data permanently with individuals or organizations that have free space on their hard drives.

The Arweave protocol creates a permanent structure like a global and eternal network of pages and applications stored indefinitely.

The Permaweb is maintained by community members, who can contribute or get paid for maintenance.

The permanent website does not differ when compared to the standard web.

All content on the permaweb, from images to text, is permanent, can be retrieved quickly, and is decentralized forever. The network uses augmented reality tokens to manage it, and it is fully owned by the community.

It also acts as an open-source network.

The community has built a comprehensive suite of tools and services that enable the user to launch fully decentralized services on top of the Permaweb..#AR #Binance #Write2Earn $AR