Arweave.news

Arweave Ecosystem Weekly Report #52: The ‘One Million’ Edition

0 244

One million blocks, a new protocol that will help to create incentivised decentralised services on top of the blockweave and a beta version of a decentralised gateway, all seasoned with some great art. Does this summarise the whole week that just passed for the Arweave ecosystem? Of course not. Tap into the highlights of the week by reading the report below.

We know that you like to know more.

I. Arweave Network

One million blocks. This threshold was just met by the Arweave network. What does this celebration mean? Is it a lot, is it a little? Well, compared to Ethereum, the speed of packing a block is slow, compared to Bitcoin it is high. Let’s say that Arweave reached a sweet spot between the speed of creating a new block and the security of being certain that the formed block is correctly packed. Some consider that the faster the speed of block creation is, the faster and more scalable the network is. However, this applies only in the case of networks that have a fixed block size, a characteristic that will dictate roughly how many transactions could be processed in one single block. In the case of Arweave, a block has virtually no limit when it comes to its size. Couple this with the practice of bundling transactions with the SCP (storage-based consensus paradigm), you’ll get unlimited scale options for a network that has a rather low speed of block creation.

To summarise, this number, the 1 million blocks threshold represents a reminder that even Proof of Work based networks, with rather low block creation speeds, could be overall fast and scalable.

II. Arweave Ecosystem

Another protocol was released for the use of the entire Permaweb

The expected proliferation of new gateways that are being built on top of the Blockweave raised a dilemma: how will they navigate Permaweb dApps and users through the entire plethora of service providers? How will they seamlessly access information stored on various nodes? Now, this dilemma is solved: behold the Permaweb Payment Protocol (P3).

Basically, if you access the thread below, P3 represents a way that integrates the handling of all the payments necessary to ride the Permaweb into a unitary protocol. What is even better is that P3 was thought to be extensible from the beginning, letting developers inject their own services into the network and making them discoverable for everybody.

Another gateway to Arweave stored content

Talking about gateways, @texturyOrg, relying on the above-mentioned P3 protocol, launched the beta version of a decentralised gateway that serves Arweave, called Arg8. If P3 ensures that everyone can be properly incentivised to run a light gateway, Arg8 is the reason (or at least one of them) for P3 existence. Arg8 represents one of the first implementations that are set to create a fully decentralised environment around Arweave. Now, even if the Arweave storage is fully decentralised, the way to retrieve the information is concentrated in a single gateway – arweave.net, held by Arweave’s core team. With Arg8 everybody can offer gateway services by setting a node locally or on other storage service and start getting paid for it.

Scale your dev skills up by building a music marketplace

Twitter user @uF4No, a seasoned developer, accustomed to various Web3 programming languages, released a tutorial that will help anyone to get a grasp on how to build with Arweave and Bundlr. As opposed to other tutorials, this one uses the final goal – building a decentralised music marketplace with Arweave as a pretext to explain the basics about Arweave, Bundlr Network, and more. This is information that has the power to offer the context needed for new developers into understanding why somebody should use Arweave when creating dApps. We hope that in the future, these kinds of tutorials will appear more often.

The only instance when “centralisation” is good: aggregating learning resources

Nader Dabit, one of the pillars that is spreading technical knowledge about the Arweave ecosystem, did it again. Until now, whenever somebody asked for some resources to start learning how to build on Arweave, it gave us a headache. The resources were spread throughout the net, and it was not an easy task to offer more than 3-5 links at once, offering them just a partial image. Now Nader curated a list of 4o materials that you’ll find in a single place forever on learn.arweave.dev.

Guess who’ll be the guest at ETHWarsaw Happy Hour?

Actually, the term “guest” is misplaced in this context. I just used it because I liked the “guess – guest” word game. In fact, Akord, RedStone, and Arweave are among the organisers of this event. The happy hour will be held on 31.08.2022 and requires physical presence. There will be free drinks and, what is more important – free and unshackled discussions about the Arweave ecosystem. Who managed to secure a spot and will be in Warsaw on the 31 of August?

Evermore has a new home

One of the first projects that offered a way to conveniently store data on Arweave, through both a web app and a desktop app, moved to a new address: evermore.network. We’re glad to see how OGs are continuing to carry on no matter what. An example of endurance against the adversities thrown at you. A metaphor for both Arweave and the early builders that ventured on the uncharted seas of Permaweb.

The Arks are on the loose

After a build-up in expectations that culminated with an everPay NFT auction for the first nine of them, all the remaining Arks that will lead to Decent Land are finally up for public mint. Some could consider the fixed price a little too steep, being set at 0.3 ETH. However, it is lower than the average price settled in the everPay auction – at least if you take into consideration the market from the moment of writing this. Also, there are only 43 of them, each having well-thought lore and unique properties that make us think about how will they be used in the Decent Land ecosystem.

Ark holders are whitelisted for future decent.land collections, tokens, and more.

As you can see, their utility is described rather cryptically, and we think that is for the best. After all, besides being NFTs released by a Web3 project, they are works of art carefully created by jrdsctt (the graphic part) and Lee Tyrrell (the lore). So first, let the art speak for itself.

III. Things you won’t encounter on Arweave

One of the most known Arweave-associated Twitter users, @onlyarweave, yet again showed us why Permaweb is the better solution when it comes to building web apps. Why is he claiming that? Simple, because a true Permaweb dApp, with all its associated data, will last for a period that now is still incomprehensible. 200 years minimum. As opposed to their Web2 counterparts, Permaweb dApps are not gasping for storage space as time passes and user data accumulates. You won’t encounter dApps that will trim inactive accounts and their data to make room for new ones on Arweave. Everyone has the right to be remembered.

IV. ICYMI


Join our

Telegram /Discord /Twitter

Leave A Reply

Your email address will not be published.