A Look at Arweave's Ecosystem Developments

May 5, 2022, 3:33PM EDT

• 14 min read

Quick Take

Development in the Arweave ecosystem builds on the native decentralized data storage capabilities of the network to unlock new use cases.
Arweave is used as a storage layer for archiving on-chain data of several public blockchain networks as well as a data persistence solution for dapps, oracles and NFT metadata.
Scalability solutions like bundling technology help increase network throughput and provide a better user experience.
Profit-sharing communities and tokens provide a sustainable and more equitable approach to rewarding dapp developers and their community contributors.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

Source: https://www.theblockresearch.com/a-look-at-arweaves-ecosystem-developments-141884?utm_source=rss&utm_medium=rss