Arweave

Arweave is a Layer 1 blockchain protocol designed to store data permanently on a decentralized network. It targets developers, archivists, and applications that need information preserved indefinitely without relying on a central server. The core claim is a one-time payment model — pay once and the data remains accessible forever — addressing the fragility and ongoing cost of traditional cloud storage.

Arweave uses a consensus mechanism it calls Proof of Access, which requires miners to demonstrate they can retrieve a randomly selected piece of previously stored data before they can add a new block, creating an economic incentive to keep old data available. The AR token is used to pay storage fees at the time data is submitted, and those fees are pooled into an endowment intended to fund storage in perpetuity. The network's block time recorded in the data is 0.0 minutes, which likely reflects how the figure is stored rather than an operational detail, so the precise block cadence is not confirmed here.

The protocol's model is a one-time upfront fee paid in AR by whoever submits data; that fee flows into a storage endowment rather than being distributed immediately, with miners drawing from it over time as they serve the stored content. The data provided here does not include a fee revenue figure, a fee growth rate, or a protocol earnings metric, so fee-based valuation measures cannot be constructed from what is stored on this page. Circulating supply stands at 65,652,466 AR against a maximum supply of 66,000,000, meaning supply is 99.47% exhausted and dilution overhang is recorded at 0.0%, leaving the endowment model and actual storage demand as the primary economic variables to follow.