Meta to use decentralized data storage protocol Arweave to store NFTs from Instagram

Meta has integrated decentralized data storage protocol Arweave to permanently store digital collectibles from Instagram. The post Meta to use decentralized data storage protocol Arweave to store NFTs from Instagram appeared first on The Block.

Timeline of Arweave

Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol's CEO and co-founder Sam Williams announced on Twitter. The post Arweave teams up with Meta for NFT storage, AR token spikes 61% appeared first on CryptoSlate.

Bitcoin bulls have a fight on their hands to keep the world's largest cryptocurrency above the US$20,000 support line. So far so good, but having dipped a further 0.8% to US$20,300 in the past 24 hours, nothing is a given.

The market is frequently introduced to audacious blockchain projects that are underdeveloped and frequently miss the criteria necessary to cater to an educated investment pool. But Arweave brought a fantastic blockchain idea that enables people to bet favourably on its potential value in the cryptocurrency market.

Many people around the world view cryptocurrencies as a means of making serious cash. Normally, to enjoy such a huge return on investment, one has to select the right coin with a good offering.

It's in times of turmoil that fortunes are made. Digital modes of transactions have been around for almost a couple of decades. But recently, cryptocurrency rattled the industry's roots when many coins went over the roof with their prices quadrupling. Everything went smooth until more players joined in, and the environment instantly shifted to more …

Arweave, a platform that aims to provide users with the almost indefinite storage opportunities for different types of data, integrates community-oriented apps and platforms in a user-friendly manner.

In China, residents turn to NFTs stored on the blockchain using Arweave to record moments of the pandemic and other censorable media. The post Arweave Attracts More Chinese Content Creators in Fight Against Censorship appeared first on BeInCrypto.

Arweave AR/USD, Cosmos ATOM/USD, NEM XEM/USD, and Solana SOL/USD are all solid cryptocurrencies that have showcased signs of tremendous recovery in the crypto market. On May 13, 2022, RareCandy3D announced that Arweave had invested in the project and announced a partnership. Cosmos's Twitter also posted a large thread discussing some “words of wisdom, guidance, and The post Top tokens to buy as the crypto market is in recovery appeared first on Invezz.

Quick Take Development in the Arweave ecosystem builds on the native decentralized data storage capabilities of the network to unlock new use cases. Arweave is used as a storage layer for archiving on-chain data of several public blockchain networks as well as a data persistence solution for dapps, oracles and NFT metadata. Scalability solutions like bundling technology help increase network throughput and provide a better user experience. Profit-sharing communities and tokens provide a sustainable and more equitable approach to rewarding dapp developers and their community contributors.