Market Data
About Arweave
AR is the native utility token of the Arweave network, a decentralized storage protocol designed to provide permanent, low-cost, and censorship-resistant data storage. The token is primarily used to pay miners for indefinitely storing the network's information and to facilitate data availability within the ecosystem. Arweave utilizes a novel proof-of-access consensus mechanism to ensure that data remains accessible and immutable over long periods, effectively acting as a permanent hard drive for the decentralized web.
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