Bitcoin Forum
August 17, 2018, 07:47:13 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 6 7 8 9 10 »  All
  Print  
Author Topic: [ANN]Arweave (Techstars 2018): A new internet in a very scalable blockchain  (Read 9012 times)
Archain.org
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile WWW
August 04, 2017, 10:41:35 PM
 #1


| Telegram | Github | Website | Lightpaper | Discord | Medium | Twitter | Email | Reddit |


What is Arweave?

Arweave is a brand new internet in a massively scalable blockchain.

It is a global, permanent hard drive on a new kind of blockchain
Arweave was previously known as Archain.



Meet the Blockweave


The blockweave is an evolved blockchain that offers permanent data storage and can grow to colossal sizes by efficiently self-organising its data across many machines.

Unlike its predecessors, Arweave allows this sharding to occur flexibly and dynamically to adapt to shifting requirements of the network, without losing its guarantees of redundancy and verifiability.
Additionally, Arweave’s novel Proof of Access algorithm replaces the high energy usage of typical blockchains with useful storage of data.


Proof of Access



Arweave achieves its feats of vast scalability by requiring miners to only hold the previous block in the system and a set of randomly chosen old blocks. Each time a block is mined, a new ‘recall’ block is chosen. Only those that hold the recall block can successfully mine the next block.

Miners are rewarded in proportion to the amount of the blockweave that they store. Miners are encouraged to store the parts of the blockweave that other miners do not, as this proportionally increases their chance at receiving a block reward. Additionally, the Proof of Access system replaces much of the high energy expenditure associated with traditional cryptocurrencies (like Bitcoin) with information storage.

Overall, Proof of Access creates a new kind of blockchain that is spectacularly scalable and energy efficient.

Long Term Mission



Humanity has always attempted to store important information for long periods of time. For lone individuals this is an extraordinarily difficult and costly affair.

By taking advantage of the globally cooperative nature of blockweave mining, the Arweave creates large economies of scale on the cost and complexity of permanent data storage. By providing a cheap and permanent data storage mechanism and an easy interface for developers to interact with, the Arweave will attract vast quantities of valuable and important information.

Over time, this verified store of information will grow in value as copies elsewhere are lost. We anticipate that as the utility of this information store grows, use of the Arweave will snowball.
Read the whitepaper here


Arweave’s Functionality


Enabling a New Internet



Arweave provides a new serverless internet infrastructure, one based on decentralisation and the permanent availability of pages.

Because of the blockweave data structure, each page on the Arweave is cryptographically linked to every other page, making its modification or loss impossible.

Massively Scalable



Due to the innovative new technologies upon which the network is based, Arweave is the first cryptocurrency that can reach internet scale.

By allowing Arweave to be spread across many computers, a network is created that is as secure and verifiable as all of its predecessors, but can flexibly scale to provide the amount of storage the network requires.

A Platform for Permanent Apps



Arweave has been built from the ground up as a platform for a new class of permanence based, decentralised applications.

The Arweave makes permanent data storage available to any developer, in any programming language, through a simple HTTP interface. Arweave storage can be seamlessly integrated into apps, both old and new.

What It Can Do

 Decentralised applications made using the Arweave's simple API can solve problems that were previously untenable.

Arweave achieves profound data reliability by building economies of scale in the organisation of data storage. It is extraordinarily difficult for an individual or organisation to build a permanent data storage system, but on a planetary scale, using financial incentives, the task becomes achievable and affordable.

Below are just a handful of the kind of apps that can be built using the Arweave's developer toolkit. If you are interested in building an Arweave app, check out our Github, blog, and our dedicated community Discord server.

A Permanent Internet Archive



As well as providing an entirely new internet infrastructure, the Arweave supports archiving pages found on the traditional internet. This allows users to secure valuable pages on a decentralised network beyond the control of any one organisation or group. This is made possible through a web browser extension that allows users to mirror pages found on the traditional internet in their current form on the Arweave for just a few pence and a single click.

Once stored on the Arweave, these pages, in the exact form in which they were archived, can be retrieved at any time by its users. Ultimately, by providing a method of permanent and verifiable information storage Arweave strives to ensure internet freedom from undue censorship far into the future.

Watch the video | Check out the alpha

Cloud Storage for a One-Time Fee



Backup your personal file in a permanent and decentralised storage cloud, and pay only for what you use.
Check out the alpha

Legal Document Storage



Arweave allows verifiable private contract storage, allowing anybody to prove the contents of a legal document at any time. This will disrupt legal archiving, empowering lawyers to cut paper waste and join the decentralised age.

Not only will the Arweave revolutionise legal document storage in the future, but companies are already using the Arweave for financial compliance and verification purposes.

Ensuring Personal Legacy



By providing true information permanence for the first time, the Arweave allows everyone to ensure their digital legacy. The indefinite preservation of digitised memorabilia will allow anyone to communicate their life's journey to grandchildren and generations to come.

Permanent and Verifiable Science



The Arweave project is working with academic partners to provide permanent and verified storage of scientific data and results.
By providing a permanent and public scientific publishing platform Arweave will fuel a virtuous cycle of Academic transparency and legitimacy, as well as preserving an apocalypse-proof library of science.

Publish Freely, Publish Permanently



Arweave allows permanent publishing of news articles, blogposts, and social media, on a network hosted by the writer’s peers.

Publishing on the Arweave is serverless and administration free, while maintaining the visual form and style the authors prefer. The Arweave ensures freedom of expression for decades to come for writers across the globe.

Verifiable Democracy



Arweave allows for open, verifiable and free elections, ensured by the power of cryptography.
By enabling pseudonymous votes, Arweave elections remain anonymous but allow all citizens to verify the legitimacy of a democratic vote. Furthermore, every vote in an Arweave election is cryptographically entangled with every other vote in every other election, ensuring that no single party can subvert their results.

Our Partners












Currency specification

Coin name and abbreviation -  AR cash - AR
50,000,000 tokens for pre-sale
Currently sold at 0.09 GBP / ~0.00046 BTC / ~0.00053 ETH (plus 25% pre-sale bonus!)
Sold in tranches
Starting sale - 02/08/17
Ending sale -  13/08/17

[ Pre-sale has ended ]
Divisible up to 10e-9

Pre-sale successfully completed!
637 backers
91.54 BTC raised
433.82 ETH raised
1185 individuals waiting for future token sale (if you want to sign up too, visit our website now!)
Chat with us!

Want to speak with us directly? Join us on our dedicated Discord server! Want to know more about our team? Visit the Arweave website, or drop us an email with any questions!


1534535234
Hero Member
*
Offline Offline

Posts: 1534535234

View Profile Personal Message (Offline)

Ignore
1534535234
Reply with quote  #2

1534535234
Report to moderator
BOUNTY PORTALS
BLOG
WHERE BOUNTY MANAGEMENT
MEETS AUTOMATION
SIGNATURE CAMPAIGNS
TWITTER
FACEBOOK
MEDIA CAMPAIGNS
AND MORE!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
iTradeChips
Hero Member
*****
Offline Offline

Activity: 812
Merit: 507


Blockchain with a Purpose


View Profile WWW
August 04, 2017, 11:59:54 PM
 #2

good day Archain team. i would like to reserve filipino translation. i have done a lot of good quality translations before and i dont use translation softwares like google translate. here are some of my previous works :

MyriadCoin website http://myriadcoin.org/tl/home
MyriadCoin ANN thread https://bitcointalk.org/index.php?topic=1428966.0
look here https://bitcointalk.org/index.php?topic=483515.msg14418391#msg14418391
CryptoPing https://bitcointalk.org/index.php?topic=1985041.msg19767599#msg19767599
CoinDash https://bitcointalk.org/index.php?topic=1969626.msg19593896#msg19593896
 https://bitcointalk.org/index.php?topic=1969626.msg19593886#msg19593886
https://bitcointalk.org/index.php?topic=1899255.new#new
ZrCoin https://bitcointalk.org/index.php?topic=1899255.new#new
Monaco Whitepaper : https://drive.google.com/file/d/0BwcYZ7heMjEWVC1PNEhFSzJBMms/view?usp=sharing

other lesser known projects I translated

PoSPro Coin https://bitcointalk.org/index.php?topic=1473481.msg14859143#msg14859143
LIR coin https://bitcointalk.org/index.php?topic=1515881.msg15252601#msg15252601
COC coin https://bitcointalk.org/index.php?topic=1543732.0


thanks and good luck with this project !


      ▄▄█████████▄▄██
   ▄███▀▀       ▀▀███▄██
  ██▀   ▄        ▄▄ ▀██▀
 ██    ██        ██   ██
██     ██        ██    ██
██     ██ ▄▄▄▄▄▄▄██    ██
██    ██  ▀▀▀▀▀▀██     ██
██    ██        ██     ██
 ██   ██        ██    ██
 ▄██▄ ▀▀        ▀   ▄██
 ██▀███▄▄       ▄▄███▀
    ██▀▀█████████▀▀
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
      ▄▄█████████▄▄██
   ▄███▀▀       ▀▀███▄██
  ██▀   ▄        ▄▄ ▀██▀
 ██    ██        ██   ██
██     ██        ██    ██
██     ██ ▄▄▄▄▄▄▄██    ██
██    ██  ▀▀▀▀▀▀██     ██
██    ██        ██     ██
 ██   ██        ██    ██
 ▄██▄ ▀▀        ▀   ▄██
 ██▀███▄▄       ▄▄███▀
    ██▀▀█████████▀▀
arixos
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile WWW
August 05, 2017, 12:36:02 AM
 #3

Hi,
A place holder for Farsi language translation.


Thanks

Get profit when other people's trade!
P E K K A
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


Pre-sale - March 18


View Profile
August 05, 2017, 12:36:38 AM
 #4

Indonesian translation please reserved for me sir

INVALID BBCODE: close of unopened tag in table (1)
Archain.org
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile WWW
August 05, 2017, 02:05:38 PM
 #5


Excellent portfolio! We shall be in contact shortly for more information.

Hi,
A place holder for Farsi language translation.


Thanks

Do you have a portfolio or any previous work we could look at? With a small post count and little history we'd like to know we're making the right investment.

Indonesian translation please reserved for me sir

We shall be in contact shortly, thank you for your interest.

Gwyn
Full Member
***
Offline Offline

Activity: 406
Merit: 100



View Profile
August 05, 2017, 02:13:06 PM
 #6


Wow another good project ,It seems a pretty interesting project, i Will keep my eyes here to know newest update!

DCCDistributed Credit Chain
    Empower Credit, Enable Finance   
GithubFacebookMedium ‹‹‹dcc.finance››› RedditTwitterTelegram
Archain.org
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile WWW
August 05, 2017, 04:21:34 PM
 #7


Wow another good project ,It seems a pretty interesting project, i Will keep my eyes here to know newest update!

Hi Gwyn,

Glad to see you are interested in the project! Let us know if we can provide you with any further details.

imjustsayintho
Sr. Member
****
Offline Offline

Activity: 330
Merit: 250



View Profile
August 06, 2017, 08:59:42 PM
 #8

Could be a huge project!  I've been frustrated to lose valuable information on websites because the author took down the info. The rewind feature you all speak of is genius.  Main launch in 2018?  Thanks


              ▄▄████████████▄▄             
          ▄███▀▀▀░░░░░░░░░░▀▀▀███▄▄         
       ▄██▀▀░░░░░░░░░░░░░░░░░░░░░▀██▄       
     ▄██▀░░░░░░░░░░░░░░░░░░░░░░░░░░▀███     
   ▄██▀░░░░░░░░░░░░░░░▄▄▄▄▄█████████████▄   
  ▄██░░░░░░░░░░░▄▄█████████░░░░░░░░░░░░▀█▌ 
 ▐██░░░░░░░░▄█████▀▀▀▀▀▀▀▀▀████▄░░░░░░░░▀█▌
▐██░░░░░░▄███▀▀███████████████▀▀██▄░░░░░░██▌
████▄░░▄██▀███████▄██████▄████████▀██▄░░░▐██
██░▀████▀██████████████████████████████▄░░██
██░░░▀██▄█████████████████████████▄██▀▀██▄██
██▌░░░░▀███▄████████▀▀▀▀███████▄██▀░░░░░▀███
▐██░░░░░░░▀███▄▄███████████▄▄██▀▀░░░░░░░░██▌
 ▐██░░░░░░░░░░▀▀████████████▀░░░░░░░░░░░▄█▌
  ▀██▄▄▄▄▄▄▄▄▄████████▀▀▀░░░░░░░░░░░░░░▄█▌ 
   ▀███▀▀▀▀▀▀░░░░░░░░░░░░░░░░░░░░░░░░▄██▀   
     ▀██▄░░░░░░░░░░░░░░░░░░░░░░░░░░▄██▀     
       ▀███▄░░░░░░░░░░░░░░░░░░░░▄▄██▀       
          ▀████▄▄░░░░░░░░░░▄▄▄███▀         
              ▀▀▀██████████▀▀▀             

     
                         [ Website ]                     
     
maxmad_x
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250


It takes a lot to build but not much to lose


View Profile
August 06, 2017, 09:08:05 PM
 #9

It is an interesting concept but there are a lot of problems. If people are just achieving the links, and if the links go dead after a certain time; there is no value to the stored link. If you want to save whole webpage on the blockchain , that will cost a lot of space. I dont think we have that much scalability in any of the current blockchain.

Without sharding of the blockchain, saving a whole blockchain on a computer will never be successful. How is that supposed to happen?
maxmad_x
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250


It takes a lot to build but not much to lose


View Profile
August 06, 2017, 09:11:15 PM
 #10

Another major concern that I have with any plugin that gets installed on my browser is leaking my privacy from that plugin. Is the sourcecode going to be open so that we can be certain that a plugin which has access to my web history will not be secretly collecting my browsing history.
imjustsayintho
Sr. Member
****
Offline Offline

Activity: 330
Merit: 250



View Profile
August 06, 2017, 09:24:26 PM
 #11

It is an interesting concept but there are a lot of problems. If people are just achieving the links, and if the links go dead after a certain time; there is no value to the stored link. If you want to save whole webpage on the blockchain , that will cost a lot of space. I dont think we have that much scalability in any of the current blockchain.

Without sharding of the blockchain, saving a whole blockchain on a computer will never be successful. How is that supposed to happen?

I believe that archain archives the webpage and connecting links so that this information is accessed from the chain and not the internet.  Correct if the links go down, ex: a link to a pdf within the website,  not stored on the chain, then yes that stored link would have little value. 

I am curious of the scalability of Archain, I did read about off chain storage of images. I guess the the real value of Archain will be our own value to storage of information that has a high risk of deletion


              ▄▄████████████▄▄             
          ▄███▀▀▀░░░░░░░░░░▀▀▀███▄▄         
       ▄██▀▀░░░░░░░░░░░░░░░░░░░░░▀██▄       
     ▄██▀░░░░░░░░░░░░░░░░░░░░░░░░░░▀███     
   ▄██▀░░░░░░░░░░░░░░░▄▄▄▄▄█████████████▄   
  ▄██░░░░░░░░░░░▄▄█████████░░░░░░░░░░░░▀█▌ 
 ▐██░░░░░░░░▄█████▀▀▀▀▀▀▀▀▀████▄░░░░░░░░▀█▌
▐██░░░░░░▄███▀▀███████████████▀▀██▄░░░░░░██▌
████▄░░▄██▀███████▄██████▄████████▀██▄░░░▐██
██░▀████▀██████████████████████████████▄░░██
██░░░▀██▄█████████████████████████▄██▀▀██▄██
██▌░░░░▀███▄████████▀▀▀▀███████▄██▀░░░░░▀███
▐██░░░░░░░▀███▄▄███████████▄▄██▀▀░░░░░░░░██▌
 ▐██░░░░░░░░░░▀▀████████████▀░░░░░░░░░░░▄█▌
  ▀██▄▄▄▄▄▄▄▄▄████████▀▀▀░░░░░░░░░░░░░░▄█▌ 
   ▀███▀▀▀▀▀▀░░░░░░░░░░░░░░░░░░░░░░░░▄██▀   
     ▀██▄░░░░░░░░░░░░░░░░░░░░░░░░░░▄██▀     
       ▀███▄░░░░░░░░░░░░░░░░░░░░▄▄██▀       
          ▀████▄▄░░░░░░░░░░▄▄▄███▀         
              ▀▀▀██████████▀▀▀             

     
                         [ Website ]                     
     
imjustsayintho
Sr. Member
****
Offline Offline

Activity: 330
Merit: 250



View Profile
August 06, 2017, 09:28:38 PM
 #12

After the ICO on Sept 18 when will holder receive their tokens?  I hope they will not be locked until genesis Q1 or Q2 2018? 


              ▄▄████████████▄▄             
          ▄███▀▀▀░░░░░░░░░░▀▀▀███▄▄         
       ▄██▀▀░░░░░░░░░░░░░░░░░░░░░▀██▄       
     ▄██▀░░░░░░░░░░░░░░░░░░░░░░░░░░▀███     
   ▄██▀░░░░░░░░░░░░░░░▄▄▄▄▄█████████████▄   
  ▄██░░░░░░░░░░░▄▄█████████░░░░░░░░░░░░▀█▌ 
 ▐██░░░░░░░░▄█████▀▀▀▀▀▀▀▀▀████▄░░░░░░░░▀█▌
▐██░░░░░░▄███▀▀███████████████▀▀██▄░░░░░░██▌
████▄░░▄██▀███████▄██████▄████████▀██▄░░░▐██
██░▀████▀██████████████████████████████▄░░██
██░░░▀██▄█████████████████████████▄██▀▀██▄██
██▌░░░░▀███▄████████▀▀▀▀███████▄██▀░░░░░▀███
▐██░░░░░░░▀███▄▄███████████▄▄██▀▀░░░░░░░░██▌
 ▐██░░░░░░░░░░▀▀████████████▀░░░░░░░░░░░▄█▌
  ▀██▄▄▄▄▄▄▄▄▄████████▀▀▀░░░░░░░░░░░░░░▄█▌ 
   ▀███▀▀▀▀▀▀░░░░░░░░░░░░░░░░░░░░░░░░▄██▀   
     ▀██▄░░░░░░░░░░░░░░░░░░░░░░░░░░▄██▀     
       ▀███▄░░░░░░░░░░░░░░░░░░░░▄▄██▀       
          ▀████▄▄░░░░░░░░░░▄▄▄███▀         
              ▀▀▀██████████▀▀▀             

     
                         [ Website ]                     
     
andreibi
Legendary
*
Offline Offline

Activity: 1218
Merit: 1001


JOIN THE NEXT MEGATREND IN CRYPTO!


View Profile WWW
August 06, 2017, 09:29:59 PM
 #13

Very interesting about Blockweave. Is it similar to XRB, IOTA or Byteball's tangle data structure? The whitepaper doesn't explain much on how it achieves consensus.

|


      █████████████▅▄
     ██████████████▅▄
                  ██▆
                   ███
                   ███
                   ███
                   ███
                   ███
                   ███
                   ███
                   ███
                  ███
 ██████████████████▀
██████████████████▀



 ███████████
█████████████




█████████████
█████████████




█████████████
 ███████████



   ▆████████████████
 ▆▆████████████████
███▀
███
███
███▄
 ▀▀███████████████▆▄
  ▀███████████████▅▄
                 ▀███
                  ███
                  ███
                ▄████
 █████████████████▀▀
 █████████████████▀



███
███
███
███
███
███
███
███
███
███
███
███
███
███



   ▆███████████
 ▆▆███████████
███▀
███
███
███
███
███
███
███
███
███▄
 ▀▀█████████████
  ▀█████████████



   ▆████████████▆
 ▆▆█████████████▆▆
███▀             ▀███
███               ███
███               ███
███               ███
███               ███
███               ███
███               ███
███               ███
███               ███
███▄             ▄███
 ▀▀███████████████▀▀
  ▀███████████████▀
|
Archain
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
August 06, 2017, 11:16:06 PM
 #14

It is an interesting concept but there are a lot of problems. If people are just achieving the links, and if the links go dead after a certain time; there is no value to the stored link. If you want to save whole webpage on the blockchain , that will cost a lot of space. I dont think we have that much scalability in any of the current blockchain.

Without sharding of the blockchain, saving a whole blockchain on a computer will never be successful. How is that supposed to happen?
Very interesting about Blockweave. Is it similar to XRB, IOTA or Byteball's tangle data structure? The whitepaper doesn't explain much on how it achieves consensus.

Hi,

Thank you for the feedback. We do try and explain how our blockweave implements true scaling in the whitepaper, but if it wasn't clear, then perhaps we can do better. To quickly summarise: the blockweave incentives even distribution of the data because a randomly selected old block is required in the mining of each new block. In this way, mining can only efficiently be achieved by storing


a) the whole blockweave (this is what we expect people to do early on)

or, if storing the whole blockweave is not feasible

b) storing the bits of the blockweave that are least stored by everybody else.

In this way, as the blockweave becomes too large to store in one place, the best strategy for each miner individually results in an even spread of the stored data across the group.


After the ICO on Sept 18 when will holder receive their tokens?  I hope they will not be locked until genesis Q1 or Q2 2018? 

Hi,

You will recieve your public/private key immediately, and will be able to use your wallet on the testnet as soon as it is live.

Obviously, tokens wont be available for full use until the genesis block is released.

Another major concern that I have with any plugin that gets installed on my browser is leaking my privacy from that plugin. Is the sourcecode going to be open so that we can be certain that a plugin which has access to my web history will not be secretly collecting my browsing history.

We will open source everything related to archain.
imjustsayintho
Sr. Member
****
Offline Offline

Activity: 330
Merit: 250



View Profile
August 07, 2017, 02:38:37 AM
 #15

Can I suggest creating a ERC20 token that can be traded in the interim, only for those that would like to do so, and that will be 1:1 to your token upon genesis launch? 


              ▄▄████████████▄▄             
          ▄███▀▀▀░░░░░░░░░░▀▀▀███▄▄         
       ▄██▀▀░░░░░░░░░░░░░░░░░░░░░▀██▄       
     ▄██▀░░░░░░░░░░░░░░░░░░░░░░░░░░▀███     
   ▄██▀░░░░░░░░░░░░░░░▄▄▄▄▄█████████████▄   
  ▄██░░░░░░░░░░░▄▄█████████░░░░░░░░░░░░▀█▌ 
 ▐██░░░░░░░░▄█████▀▀▀▀▀▀▀▀▀████▄░░░░░░░░▀█▌
▐██░░░░░░▄███▀▀███████████████▀▀██▄░░░░░░██▌
████▄░░▄██▀███████▄██████▄████████▀██▄░░░▐██
██░▀████▀██████████████████████████████▄░░██
██░░░▀██▄█████████████████████████▄██▀▀██▄██
██▌░░░░▀███▄████████▀▀▀▀███████▄██▀░░░░░▀███
▐██░░░░░░░▀███▄▄███████████▄▄██▀▀░░░░░░░░██▌
 ▐██░░░░░░░░░░▀▀████████████▀░░░░░░░░░░░▄█▌
  ▀██▄▄▄▄▄▄▄▄▄████████▀▀▀░░░░░░░░░░░░░░▄█▌ 
   ▀███▀▀▀▀▀▀░░░░░░░░░░░░░░░░░░░░░░░░▄██▀   
     ▀██▄░░░░░░░░░░░░░░░░░░░░░░░░░░▄██▀     
       ▀███▄░░░░░░░░░░░░░░░░░░░░▄▄██▀       
          ▀████▄▄░░░░░░░░░░▄▄▄███▀         
              ▀▀▀██████████▀▀▀             

     
                         [ Website ]                     
     
boyprodn
Full Member
***
Offline Offline

Activity: 215
Merit: 100


Vinh


View Profile WWW
August 07, 2017, 02:54:18 AM
 #16

reserved translation to Vietnamese
my previous work: https://bitcoingarden.org/forum/index.php?topic=17332.0
https://bitcoingarden.org/forum/index.php?topic=17454.0
https://bitcoingarden.org/forum/index.php?topic=17235.0
https://bitcoingarden.org/forum/index.php?topic=17309.0

maxmad_x
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250


It takes a lot to build but not much to lose


View Profile
August 07, 2017, 04:56:58 AM
 #17

It is an interesting concept but there are a lot of problems. If people are just achieving the links, and if the links go dead after a certain time; there is no value to the stored link. If you want to save whole webpage on the blockchain , that will cost a lot of space. I dont think we have that much scalability in any of the current blockchain.

Without sharding of the blockchain, saving a whole blockchain on a computer will never be successful. How is that supposed to happen?
Very interesting about Blockweave. Is it similar to XRB, IOTA or Byteball's tangle data structure? The whitepaper doesn't explain much on how it achieves consensus.

Hi,

Thank you for the feedback. We do try and explain how our blockweave implements true scaling in the whitepaper, but if it wasn't clear, then perhaps we can do better. To quickly summarise: the blockweave incentives even distribution of the data because a randomly selected old block is required in the mining of each new block. In this way, mining can only efficiently be achieved by storing


a) the whole blockweave (this is what we expect people to do early on)

or, if storing the whole blockweave is not feasible

b) storing the bits of the blockweave that are least stored by everybody else.

In this way, as the blockweave becomes too large to store in one place, the best strategy for each miner individually results in an even spread of the stored data across the group.


After the ICO on Sept 18 when will holder receive their tokens?  I hope they will not be locked until genesis Q1 or Q2 2018? 

Hi,

You will recieve your public/private key immediately, and will be able to use your wallet on the testnet as soon as it is live.

Obviously, tokens wont be available for full use until the genesis block is released.

Another major concern that I have with any plugin that gets installed on my browser is leaking my privacy from that plugin. Is the sourcecode going to be open so that we can be certain that a plugin which has access to my web history will not be secretly collecting my browsing history.

We will open source everything related to archain.

Thank you so much for replying. I was guessing correct that the blocks will be saved over the nodes randomly with some redundancy. How many copies for redundancy do you expect?
Archain.org
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile WWW
August 07, 2017, 04:15:06 PM
 #18

Thank you so much for replying. I was guessing correct that the blocks will be saved over the nodes randomly with some redundancy. How many copies for redundancy do you expect?

Good question. The simple answer is 'enough'. The longer answer is that the incentives to store blocks increase dramatically as the number of copies of the blocks decreases. At the start, we expect that most miners will hold most blocks, then over time the proportion of the weave held by each miner will slowly decrease.

While its hard to predict what the behaviour of the network will be in the long term, the algorithm has been designed such that the miners are always selfishly encouraged to provide a good coverage of all the blocks.


Can I suggest creating a ERC20 token that can be traded in the interim, only for those that would like to do so, and that will be 1:1 to your token upon genesis launch? 

Thank you, this is an excellent suggestion. We will have to talk to our legal team about this first, but we will look into doing it.

Thanks,
Sam + Will
CEO and CTO at Archain

Archain.org
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile WWW
August 07, 2017, 06:12:23 PM
 #19


We'd be very grateful if you did this for us when the time comes.

boyprodn
Full Member
***
Offline Offline

Activity: 215
Merit: 100


Vinh


View Profile WWW
August 08, 2017, 05:29:49 AM
 #20

when it comes, please PM me sir. thank you

Pages: [1] 2 3 4 5 6 7 8 9 10 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!