AVAX been on ...great progress
https://smartbch.org/ Build a new playground for Bitcoin Cash's ecosystem and enlarge the user base
EVM&Web3 compatible and has short block interval to support DeFi applications
The throughput will be as large as one billion gas every 15 seconds to allow more users practice DeFi at very low cost Has been developed from scratch and is made of several low-level libraries which fully leverage the potential of hardware, especially its inherent parallelism.
Earn extra reward for Bitcoin Cash's miners and holders, who can elect Smart Bitcoin Cash's validators with hash power and locked coins, respectively. Develop trustless non-custodian two-way pegged gateways, which can support any kinds of side chains of Bitcoin Cash for securely transferring BCH bidirectionally. This enables Bitcoin Cash to include more side chains for a richer ecosystem.
Also expect a huge price surge as demand for BCH increases because SmartBCH allowing BCH hodlers to earn,
and at the same time there will be a huge supply shock as many of us decide to stake our BCH.
High demand+Low supply = New ATH
<-BUYING
https://finance.yahoo.com/news/mastercard-test-usdc-payments-stablecoin-110000926.htmlThe pilot announced Tuesday, Circle’s USDC will serve as a bridge between the cryptocurrency in consumers’ digital wallets and the fiat currency paid to merchants.
USDC is a digital token that almost always trades at $1 because the issuer promises to redeem it 1-for-1 with greenbacks at any time.
Now Mastercard and VISA USDC coming, which will only work at scale on low cost,high speed B3 coins...
ALGO,SOL & AVAX all have USDC and all scalable blockchains will store their VISA & Mastercard USDC tx data on Arweave.
VISA are aware of Arweave, they are the ones that added it to the WEF report.
The foreword author and contributor is Cuy Sheffield
Head of Crypto, Visa, USA;
Co-Chair, Global Future
Council on Cryptocurrencies
The list of contributors is impressive and all of will be fully aware about Arweaves unique technology.
VISA (Mastercard aswell ) needs a way to store its USDC tx data
VISA is doing almost 200mill daily tx, SOL is doing around 100mill...
No Blockchain is storing this much data daily except AR.
Due to the rapid speed the SOL ledger is growing at SOL realised they need Arweave to store the SOL data...
currently VISA does more daily tx than SOL...so VISA USDC will need to be stored on Arweave aswell.
This is why its in the report, its an essential part of scalability.
Waiting for the dip...imo this is the last one at this price range before another huge week of up.
https://twitter.com/samecwilliams/status/1429787577264099336Great to see
@Visa
point to Arweave for permanent storage in their NFT whitepaper!
Welcome to the permaweb,
@Visa
Visa mention Arweave again, its because they are already using Arweave tech.
Arweave VISA news is spreading fast all over the world ..China....
https://news.cnyes.com/news/id/4709485When Visa introduced how NFT performs decentralized storage, they used Arweave, which provides permanent storage, as an example, and did not mention Filecoin and IPFS. Through decentralized storage, NFT-related digital files can be stored in a decentralized network to ensure the sustainable operation of these contents.
https://usa.visa.com/content/dam/VCOM/regional/na/us/Solutions/documents/visa-nft-whitepaper.pdfPage 9
Decide how to store digital assets in a long-term sustainable way NFTs are either minted to contain the digital content file itself or to contain a reference tothe digital content.
Accordingly, it is important to understand how the digital content being distributed by the NFT is being stored.
Many of the existing platforms that creators can use to create NFTs will host the media files through either decentralized or centralized storage
methods described below:
Directly on the Blockchain
When this occurs, the token as well as the digital content is stored on the blockchain.
Because the storage capacity allocated by the blockchain software can be limited, the file size allowed can be rather small.
At least for now, many companies find storing digital content on the blockchain directly to be cost-prohibitive.
Decentralized Storage
When storage files are spread across a distributed network, there is no dependence on a single entity.
Developers of these peer-to-peer storage protocols, such as Arweave, offer varying degrees of storage permanence for different price points.Centralized Storage
There is also the option to use storage from a central provider like many wellknown cloud storage providers today. In this model, the NFT marketplace
provides the service of storing the digital content through its relationships with its cloud providers.
There is a dependency on the provider and the NFT creator to continue to host the asset – if the media is no longer hosted, the NFT will not
point to anything.
VISA gets it...just like Tim B Lee, Jayz and many others...
If your NFT is not stored on Arweave...its worthless.
https://twitter.com/ChubaETH/status/1430536915909029904MetaHero Universe features a provably fair distribution exclusively to PUNKS Comic holders, with no gas wars. Also, traits are randomly generated at time of mint and the unique NFT media and data is stored on-chain (not IPFS), ensuring a permissionless decentralization of assets.
Andreas
@smems_
·
Aug 25, 2021
Replying to @MetaHero_
Will we be paying gas fees for storing the data on chain? If they are stored on Ethereum it could get quite expensive, right?
Chuba (2,23)
@ChubaETH
Onchain data will be stored on Arweave, and not the ETH mainnet. This allows for onchain data storage without worrying about ETH data storage capacities and costs.
Sol breaking out towards another new ATH...over $100
Arweave will follow...buy the dip asap.
Really interesting project and one to keep an eye on
https://twitter.com/Raptor2799/status/1430890724870922253Do you know how
@sarcophagusio
works? ⚒️️
Take a look at the explanation below, it explains the problem and the solution quite easily.
#Ethereum #arweave #ETH $SARCO
https://medium.com/sarcophagus-community/sarcophagus-a-dead-mans-switch-92e70de66554A dead man’s switch is a mechanism (digital or physical) that triggers when the user fails to perform an action.
The combination of Ethereum’s network and the permanent file storage network that Arweave provides is the perfect storm for creating the dead man’s switch that Sarcophagus offers.
From a technical perspective, it works because Ethereum allows for an immutable contract to be hosted for the duration of the contract and Arweave’s technology allows for files to be stored and retrieve upon execution.
The perfect storm of technology to protect assets from the unforeseen.
SOL
SOL-AR ready to boom to new all time highs....Hodl tight...relax and play some music....here we go
https://www.youtube.com/watch?v=Tv7SQfD536QKickboxer.... Feeling So Good Today
https://twitter.com/chainlink/status/1430560982074593284Through close collaboration with the Solana Labs team, #Chainlink Price Feeds are now running live on
@Solana
Devnet, providing Solana's #DeFi ecosystem with native access to decentralized price oracles that offer wide market coverage & sub-second updates.
https://twitter.com/AllArtProtocol/status/1430940537230667784INTRODUCING:
@SolSeaNFT
-List ANY Solana NFT
-Mint NFT with embedded licenses
-
@metaplex
compatible
-Public/Private listings
-Sell in SOL, USDC, USDT, ..
-Calendar of drops
-FTX-PAY
-3D viewer
-Rarity index & traits rank
-Fast/cheap mint/tx thx to
@solana
All SolSea NFTs are stored on the Arweave permaweb.
https://www.reuters.com/technology/exclusive-microsoft-warns-thousands-cloud-customers-exposed-databases-emails-2021-08-26/Major flaw in Microsoft's Azure cloud service.
The flaw could allow hackers to read, change and delete data saved on the cloud.
Among them are companies like Coca-Cola and Exxon-Mobil.
Time for the big companies to start using safer tech....Arweave
https://www.youtube.com/watch?v=j8vPEjioirEThe Lost Boys - Soundtrack - I Still Believe - By Tim Cappello
Pick up as much AR around $35-$36...these prices wont last long...next week belongs to AR as it smashes past $100
Is this token blockchain 3.0? Im planning to save my seed phrase in decentralized storage but I dont know what project is safe and trustworthy.
Ill read this whitepaper later this day.
On the opening page the first coin i mention is ANKR...even though its not a B3 coin..it provides an important service for B3 chains.
Arweave is probably even more important for the next gen highly scalable B3 chains.Ill let Anatoly explain it best...
“One of the challenges with building a high-performance smart contract platform is ensuring that the ledger data has a highly fault-tolerant, decentralized storage solution,” said Anatoly Yakovenko, Co-Founder, Solana. “I believe in a multi-chain future where chains can and should specialize and interoperate. It doesn’t make sense to build a dedicated storage network and force that burden on validators when a perfectly amazing solution already exists and is more economically rational than anything we could build.”
https://medium.com/solana-labs/announcing-the-solar-bridge-c90718a49fa2When coins like ALGO,AVAX and others start getting higher tx they prob get an AR bridge aswell.
Also Arweave isnt an erc20, its an actual POW/proof of access coin used with Blockweave Blockchain.
A few months later and word is spreading faster than ever...
https://www.youtube.com/watch?v=jKFhHL1geVwArweave: Why It's SO EXCITING!! AR Potential
Coin Bureau
lots of info that we here already know and probably due to the length of the video, lots of info missing that we already know lol.
The big thing i learnt from this video was...
Sam helped create Moneros RandomX ....
A few things that were not mentioned in the video....
NFTS's are permanently stored on Arweave, so you cannot lose them.
More than 11 Blockchains use Arweave.
WEF report talks about Arweave.
VISA mention Arwevae in their NFT report.
Overall a great video to introduce people to Arweave...that will encourage people to DYOR and see for themselves how powerful Arweave is.
https://twitter.com/samecwilliams/status/1431793878873563139Sam Williams
@samecwilliams
We just deployed 20,000 images, data entries and files to mainnet in a few dozen TXs.
This is like if Ethereum had removed all scalability limits in May 2017.
Replying to
@samecwilliams
I saw your previous tweet about Solana putting 10,000 files on Arweave for a few cents ... where can I read about how this works?
I can't really follow how this is possible. I think it relates to your previous points about Arweave being one massive merkle tree...?
Sam Williams
@samecwilliams
Those were ANS-102 bundles, optimised for small files. The new bundle spec (ANS-104) works great for all kinds of files -- small and large.
The trick is that as everything is permanent, data can be grouped and committed together -- there are no individual storage terms, etc.
Sam Williams
Subsequently, the base protocol doesn't even need to know where individual transactions start/end. All it cares about is the merkle roots, and that somebody has paid for the storage.
When gateways encounter a bundle they can index it (storing the offsets at which each entry starts in a DB), and use it to route user requests to data IDs when requested.
Awesome work, seriously impressive stuff.
$50 AR tested, got the dip now, perfect time to get more around $43-$44...prices wont stay low for long...
Arweave is just being discovered now, with more users on the Weave than ever before and many many more users to come...
$1k+ by year end is possible.
Hodl tight......
Sol breaking out towards another new ATH...over $100
Arweave will follow...buy the dip asap.
4days later...
Solana....
Arweave $40= bargain.....$100AR coming next
[moderator's note: consecutive posts merged]