18h ago
I don't long form post much - but cooked this one up. I believe @ArweaveEco is one of the most critical yet overlooked cogs in the digital asset landscape.
Most blockchains are databases that forget - not permanent, not persistent (important for truth).
Arweave fixes this. It's a permanent storage layer where data lives forever. Pay once, store for 200+ years.
It's unique endowment model enables this - making it economically viable and attractive.
AWS S3: $0.023/GB per month × 200 years = $55.20/GB
Arweave: $3.85/GB. Once. Forever.
When you upload, 80% goes into an endowment that earns returns. Those returns pay miners perpetually - for centuries.
Storage costs decline 30-40%/year. The endowment grows in real terms.
Cool. But do people use it?
Arweave has guaranteed the permanence of 161+ tebibyte (TiB) through 248m + transactions.
This isn't testnet activity, 'points' farming or governance votes. This is real economic activity. Every transaction is a customer, paying for permanent storage. This customer base is growing - but you won't hear about it.
In 2021, 60-70% of Solana NFTs stored their metadata on Arweave.
Why? Solana doesn't keep data long-term. Validators prune old state. Your NFTs aren't permanent. Your rights have an expiry date.
To solve this, @metaplex integrated Arweave into their stack. Mint / Trade on Solana for fast and cheap execution. Store on Arweave for cheap and permanent storage. Makes sense.
Its usage is so much more than just part of the NFT market, or part of a protocol stack, it's critical infrastructure for the whole ecosystem.
* L1s use it to snapshot 'states'.
* Ethereum L2s use it for transaction data
* Bitcoin use it for Ordinals metadata
Every blockchain needs permanent storage. Arweave provides it.
What gets stored on Arweave is also more important than just historical blockchain states. More than half of what gets stored on blockchains is government archives, institution archives, scientific research and AI training data.
So Arweave is:
- Growing its usage
- Growing its customer base
- Growing its use cases (@aoTheComputer incoming!)
- Most transacted blockchain (ex junk transactions)
- Reducing cost of storage
- Reducing token supply
- Zero downtime in 6+ years
- Billions in endowment
Yet the chart is 🤮
I got into the crypto game to build a better digital infrastructure for the world. The emergence and future reliance on LLMs make a permanent source of truth more important than ever.
All of this is why I think Arweave is both a compelling short term and long term hold for mine.
Disclaimer: Persistence Capital Fund holds AR. This post is my personal opinion only. Nothing I have said constitutes financial advice. Investing in crypto currency is risky. Always do your own research.
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