Blockchains have been used as mechanisms to store memoised representations of history since the v... more Blockchains have been used as mechanisms to store memoised representations of history since the very first Bitcoin block [47]. Despite blockchain technology’s clear potential in the area of resilient archive construction without single points of failure, advances in on-chain data storage techniques have remained elusive. This paper addresses this problem through the introduction of the Arweave protocol: a new mechanism design-based approach to achieving a sustainable and permanent ledger of knowledge and history. As well as outlining incentive mechanisms for achieving sustainable data permanence, this paper outlines key technologies to allow scalable on-chain storage.
Arweave: A Protocol for Economically Sustainable Information Permanence, 2019
Blockchains have been used as mechanisms to store memoised representations of history since the v... more Blockchains have been used as mechanisms to store memoised representations of history since the very first Bitcoin block. Despite blockchain technology's clear potential in the area of resilient archive construction without single points of failure, advances in on-chain data storage techniques have remained elusive. This paper addresses this problem through the introduction of the Arweave protocol: a new mechanism design-based approach to achieving a sustainable and permanent ledger of knowledge and history. As well as outlining incentive mechanisms for achieving sustainable data permanence, this paper outlines key technologies to allow scalable on-chain storage.
Introduction. Blockchain technology is becoming one of the main drivers of innovation in the glob... more Introduction. Blockchain technology is becoming one of the main drivers of innovation in the global economy. Its adoption will have a huge impact on how businesses and governments operate and on the way people organize their everyday lives. Financial services industry is the one experiencing the biggest impact of the blockchain disruption so far, while financial institutions are among the first adopters of the technology. At the same time, being a relatively traditional industry, shipping has not yet seen many use cases with blockchain, but the technology is able to change this industry dramatically. Aim and tasks. As the industries of finance and shipping have huge potential in the blockchain space and often interact, determining how the blockchain technology adoption can influence the industries of finance and shipping in the future was the main purpose of this article. Research results. To fulfill this purpose, it was important to describe the origins of the blockchain technology...
Blockchains have been used as mechanisms to store memoised representations of history since the v... more Blockchains have been used as mechanisms to store memoised representations of history since the very first Bitcoin block [47]. Despite blockchain technology’s clear potential in the area of resilient archive construction without single points of failure, advances in on-chain data storage techniques have remained elusive. This paper addresses this problem through the introduction of the Arweave protocol: a new mechanism design-based approach to achieving a sustainable and permanent ledger of knowledge and history. As well as outlining incentive mechanisms for achieving sustainable data permanence, this paper outlines key technologies to allow scalable on-chain storage.
Arweave: A Protocol for Economically Sustainable Information Permanence, 2019
Blockchains have been used as mechanisms to store memoised representations of history since the v... more Blockchains have been used as mechanisms to store memoised representations of history since the very first Bitcoin block. Despite blockchain technology's clear potential in the area of resilient archive construction without single points of failure, advances in on-chain data storage techniques have remained elusive. This paper addresses this problem through the introduction of the Arweave protocol: a new mechanism design-based approach to achieving a sustainable and permanent ledger of knowledge and history. As well as outlining incentive mechanisms for achieving sustainable data permanence, this paper outlines key technologies to allow scalable on-chain storage.
Introduction. Blockchain technology is becoming one of the main drivers of innovation in the glob... more Introduction. Blockchain technology is becoming one of the main drivers of innovation in the global economy. Its adoption will have a huge impact on how businesses and governments operate and on the way people organize their everyday lives. Financial services industry is the one experiencing the biggest impact of the blockchain disruption so far, while financial institutions are among the first adopters of the technology. At the same time, being a relatively traditional industry, shipping has not yet seen many use cases with blockchain, but the technology is able to change this industry dramatically. Aim and tasks. As the industries of finance and shipping have huge potential in the blockchain space and often interact, determining how the blockchain technology adoption can influence the industries of finance and shipping in the future was the main purpose of this article. Research results. To fulfill this purpose, it was important to describe the origins of the blockchain technology...
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