2min chapter

Modern Finance cover image

Arweave - Store Data Forever With a New Type of Storage That Backs Data with Perpetual Endowments

Modern Finance

CHAPTER

How Is Redundancy Handled in the Arweve Network?

In order to mine a block in the arwi've network, you have to produce what we call a succinct proof of random access. And it has the same sort of yosay work characteristics as bit coin. But that means that if there's any excess tokens being given to people above that base rapplication cost, essentially plus profit, small profit margin, and that just goes into extra revocations data. There's so much storage, and the amount of value being omitted per block is high.

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