Arweave Crypto Price Prediction, Value and Chart (AR)

$11.71

+0.23 (+1.95%)

(As of 02/7/2023 02:39 AM ET)

Add

1-Hour Range: $11.52
▼
$11.73
24-Hour Range: $11.52
▼
$11.73
7-Day Range: $9.99
▼
$12.87

1-Day Volume

$23.10 million

Market Cap

$391.20 million

BTC Price

0.00051084 BTC

Circulating Supply

33.39 million

Total Supply

63.19 million

Maximum Supply

66.00 million

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About Arweave (AR)

Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms.The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information.The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.The core technology that powers the Arweave is the blockweave. Just as a blockchain is a linked collection of blocks containing transactions, a blockweave -- specifically designed for the Arweave protocol -- is a set of blocks that contain data, linking to multiple previous blocks from the network. This data structure allows the network to an enforce that miners provide a ‘Proof of Access’ (PoA) to old data in order to add new blocks.Unlike in a traditional blockchain, where miners are forced to expend electricity in order to earn tokens, in the Arweave network miners are also encouraged to replicate valuable data (the information stored in the network) in order to gain tokens. This mechanism offsets the value that is normally wasted in blockchain networks, with useful, energy efficient storage of data. (Description provided by CryptoCompare.)

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Arweave Currency Details

Name Arweave

SymbolAR

Market Capitalization$391.20 million

Coin or TokenCoin

AlgorithmSHA-256

Proof TypePoW

Genesis Date7/13/2018

Mineable?No

Official Links

Official Websitearweave.org

Official Website (Alt)N/A

BitcoinTalk AnnouncementView

Twitter Account@arweaveteam

Facebook PageView

Github AccountView

Community Discussion

Reddit Communityr/arweave

Telegram GroupN/A

Discord GroupView

Message Boardmedium.com@arweave

Message Board (Alt)N/A

Research Tools

Blockchain Explorerviewblock.io

Blockchain Explorer (Alt)N/A

CoinMarketCapView

CryptoCompareView

CoinGeckoView

Arweave (AR) Frequently Asked Questions

How do I buy Arweave?: It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Arweave.
Where can I get Arweave wallet?: Arweave produces its own wallet software that is available for download on its website, which allows you to store Arweave on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Arweave?: One Arweave (AR) is currently worth $11.53 on major cryptocurrency exchanges. You can also exchange one Arweave for 0.00050257 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Arweave in U.S. dollars is $385.05 million.

What hashing algorithm does Arweave use?: Arweave is a proof of work (PoW) coin that uses the SHA-256 algorithm.
How do I mine Arweave?: Arweave and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to Arweave?: The following coins use the same hashing algorithm (SHA-256) as Arweave: Bitcoin, Bitcoin Cash, Bitcoin SV, eCash, Bitcoiva, Syscoin, USDX [Kava], Ultra, BlueArk and Wibcoin.
What is the Reddit page for Arweave?: The official Reddit community (subreddit) for Arweave is https://reddit.com/r/arweave.

Arweave (AR) Price Chart for Tuesday, February, 7, 2023

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This page was last updated on 2/7/2023 by MarketBeat.com Staff

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Arweave Crypto Price Prediction, Value and Chart (AR)

About Arweave (AR)

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Arweave (AR) Frequently Asked Questions

Arweave (AR) Price Chart for Tuesday, February, 7, 2023

Arweave (AR) Twitter Feed

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