The FUTURE of Permanent Storage! (How Arweave Is Reinventing The Wheel)


Imagine you went on vacation with your family. You took countless pictures of precious memories that you planned to put in a scrapbook for your kids to give to their kids. The thing is though, you forgot to back-up your photos onto the cloud, and at the airport on the way home, your 5-year-old accidently drops your phone into your cup of coffee. Now, besides what’s in your mind, all those memories are gone forever, and your scrapbook will have an empty page where the best part of it should have been.

As you might have guessed, blockchain is the solution to this problem. Yes, they are several different projects that involve storage on decentralized servers, but only Arweave ensures that your storage, stays there FOREVER.

0:00 Intro
0:53 The Problem
2:16 What is Arweave?
3:23 Arweave vs. Filecoin
4:07 How Arweave Works
4:40 Why Arweave Matters
5:14 Ardrive.io
6:06 Conclusion

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.

Sources:
https://twitter.com/JohnT87450402/status/1615761619631616002
https://images.viblo.asia/336c9ceb-ea1d-4710-8199-f4116d4ec9b1.png
https://images.viblo.asia/e6773720-90d8-483e-8891-1b92d61f2b04.png
https://cryptoslate.com/wp-content/uploads/2022/01/2-14.png
https://ardrive.io/

#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation #cardano #cryptocurrency

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