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Avalanche Takes Arweave Live on the Network to Offer Users More Storage Capability

Decentralized storage gives internet users more space to keep their data securely encrypted with an organization or a node. It could be spread across various locations or remain in the local region.

Users can access storage space offered by organizations or individuals for a small fee. Decentralized storage runs on blockchain technology, making it easier for the owner to track transactions over the network.

Background

Arweave is a data storage protocol based on a proof of access mechanism. Arweave allows users to permanently store their data for a small fee, enabling a permanent serverless web.

Avalanche is a smart contract platform known for its speed in the entire blockchain industry. Avalanche rides high on the maximum number of validators who work day and night to keep the network secured. Clients can access the smart contract-enabled services of Avalanche to outperform their competitors.

Arweave Expands To Avalanche

Arweave is now live on the Avalanche network as it has expanded its data storage capabilities for the users of Avalanche. Users of Avalanche can now access higher storage capabilities to keep their files, records, and metadata securely encrypted with Arweave.

It is estimated that the data stored with Arweave will remain intact for at least 200 years. Users will only have to pay $5-$8 as a one-time fee to book a storage space of 1GB.

The Founder & Chief Executive Officer of Arweave, Sam Williams, expressed his excitement over the integration. They said that developers would now be able to use the permanent storage solution to enable a new class of Web3 applications.

The integration of Arweave and Avalanche is backed by the Bundlr network that will serve as an Arweave adapter by offering payment options via Avalanche wallets.

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.