Arweave’s first meeting with the Asian crypto community on 27th September

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Organized by in association with everFinance, Arweave in Asia 2022 will be held on September 27th at The Arts House, the former Singapore Parliament. This is the first time Arweave’s core ecosystem will meet in Asia to discuss the future possibilities of a new data paradigm consensus based on permanent storage. The event is also be sponsored by SevenX Ventures, Foresight Ventures, HashKey Capital, A&T Capital.

In the more than ten years of blockchain development, we’ve experienced Bitcoin, the 1.0 blockchain, which opened the decentralized payment door; Ethereum is Blockchain 2.0 in the era of on-chain computing smart contracts. With the continuous iteration of technology, blockchain will be extended to more application scenarios in the future. In the era of large-scale application, blockchain 3.0 will be oriented to more user groups and integrated with Web3. Arweave will be the most important infrastructure for large-scale adoption of Web3 and blockchain as a blockchain that can be permanently stored for a one-time fee. It will create trust consensus through permanent storage, enabling a wider range of application scenarios.

This event will focus on this topic to carry out an in-depth discussion with a wide range of people starting off with Arweave’s Founder and CEO Sam Williams accompanied by the COO Sebastian Campos Groth and COS Abhav Kedia; everFinance will see Founder and CEO Wei Xiong AKA outprog; From Founder Jakub Wojciechowski; Nearly made Community Labs will be represented by CEO Tate Berenbaum; Metaforo’s Co-founder, Andy; From Akord’s side we’ll have Co-founder Richard Caetano; Bundlr being represented by COO Amelia Guertin; will see’s member Pierre Stein Claysky; 4EVERLAND’s Global Marketing Manager, Val will be there as well as other ecological project partners will all be attending.

Arweave has been developing for five years and has maintained a steady and low-key profile throughout the process. Most people are unfamiliar with its history.

  • In October 2017, Arweave founder Sam Williams published the first Medium post about Archain, Arweave’s predecessor. This paper expounds the importance of decentralized permanent storage for human information archiving “Once data is on Archain, it cannot be altered“, The name Archain comes from the first two letters of Archive.
  • On November 7, 2017, Archain Backer Alpha Beta (BATN) went live 8 weeks ahead of schedule. These include Chrome Extension and BATN’s mining capabilities. BATN.2 was released two weeks later.
  • In February 2018, the project name was changed from Archain to Arweave. “Ar” stands for Archive, and “weave” comes from the unique technique of blockweave.
  • In July 2018, the main website of Arweave was launched.
  • On January 29, 2019, Arweave officially announced Permaweb: Untamable, Decentralized Web Pages that will be deployed in a globally distributed network.
  • On November 6, 2019, it received funding from A16Z Crypto, Union Square Ventures, and Multicoin Capital.
  • In March 2020, it raised $8.3 million from A16Z Crypto, Union Square Ventures, and Coinbase Ventures.
  • On May 1, 2020, it was announced to highlight the Arweave 2.0 network, which will dramatically increase the block size and will pave the way for future on-chain data storage of almost unlimited size in Arweave 2.1 without further hard forks.
  • On June 11, 2020, SmartWeave, a smart contract protocol in the Arweave network, went live. Based on this protocol, the standard of Profit Sharing token PST is proposed.
  • In October 2020, everFinance introduced a new paradigm for consensus (SCP) based on deterministic storage.
  • On February 27, 2021, the first block of the New Network Consensus Mechanism Succinct Random Proofs of Access (SPoRA) was dug out. It’s a new consensus mechanism that builds on the PoW + PoA hybrid consensus mechanism, making Arweave more efficient while further ensuring that data lives on.

As the Arweave ecosystem continues to grow in 2022, the Arweave basic application layer built by everFinance, Redstone, and 3EM (TH8TA) is becoming more and more complete. Redstone has expanded Warp on SmartWeave to make it easier for developers to enter Arweave smart contract development. 3EM is also very forward-looking in the expansion of WASM; everFinance’s Web3Infra provides Arweave’s light node services for developers, making it easier for them to use their storage services and build more SCP applications on Arweave.

The brief history of Arweave gives us a sense of how Arweave has evolved. It’s not just about decentralized storage, but the persistence feature gives it the ability to give trusted consensus to all the data stored in Arweave. This will greatly release the limitations of ecological development.

If you want to learn more? Come to our conference on the 27th and meet all the eco-founders face-to-face.

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