Imagine you went on vacation with your family. You took countless pictures of precious memories that you planned to put in a scrapbook for your kids to give to their kids. The thing is though, you forgot to back-up your photos onto the cloud, and at the airport on the way home, your 5-year-old accidently drops your phone into your cup of coffee. Now, besides what’s in your mind, all those memories are gone forever, and your scrapbook will have an empty page where the best part of it should have been.
As you might have guessed, blockchain is the solution to this problem. Yes, they are several different projects that involve storage on decentralized servers, but only Arweave ensures that your storage, stays there FOREVER.
0:00 Intro
0:53 The Problem
2:16 What is Arweave?
3:23 Arweave vs. Filecoin
4:07 How Arweave Works
4:40 Why Arweave Matters
5:14 Ardrive.io
6:06 Conclusion
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Sources:
https://twitter.com/JohnT87450402/status/1615761619631616002
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https://ardrive.io/
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Imagine you go on vacation with your Family and you want to take some photos You want to create a scrapbook for your Kids to give their kids one day the Thing is though is you forgot to back up The pictures on the cloud at the airport On the way home Well your five-year-old gets mad during A game of Angry Birds and throws the Phone on the ground and breaks it to a Million pieces now besides what you have In your mind everything that's left from The photos from that trip while they're Gone and your scrapbook is going to have An empty page where the best part should Have been as you might have guessed Blockchain is a solution to this problem I think it is to everything you see There are several projects that involve Storage on decentralized servers But only one that claims they'll be There forever we're talking about our Weave let's get it Welcome to Bitmore crypto my name is Ben Make sure to hit that like button if you Like when we cover specific projects Also subscribe to the channel so you Never miss an update so let's dig in Let's talk about our weave obviously are We's use cases go far beyond just photos On a camera roll or getting backed up by The cloud imagine if there was some type Of sensitive information archived on the Internet and there are Elites in the
World that don't want you to find a Certain fact see they could easily go Into that archive and change that Information or even hide it to avoid an Issue where people might find it and Trust me this happens every single day Listen to this clip from Pennsylvania's Pat Toomey here the center explains how Our weave was actually able to stop the Chinese Communist Party from blocking The messages of a pro-democracy Newspaper check it out over time it's Possible that the application of this Innovation may become more important Than the usefulness of crypto as a Currency per se And we're already seeing it have a real World impact as we all know democracy And individual freedom in Hong Kong are Under assault from the Chinese Communist Party That assault has included the forced Closure of a pro-democracy newspaper Apple Daily but the Chinese government Has not been able to erase Apple Daily's Important work that's because our weave A cryptocurrency network that enables Permanent data storage was used to Permanently store portions of the paper This technology makes it impossible for The Chinese government to destroy Apple Daily's work no matter how hard it tries Given how the world is just so trigger Happy for censorship you just saw
Firsthand from a U.S senator how Important are we this so how does are We've accomplished this well let's check It out or even a decentralized storage Platform that started in the UK in 2018 Led by CEO Sam Williams project set out To create a permanent immutable storage Solution for the internet this happened With support of the web3 foundation the Ethereum foundation the Mozilla Foundation and many more and like I Always say when we're talking about Servers It's always important to go with Decentralized servers instead of Centralized ones it just creates less Problems I mean how much can you trust Google or Amazon web servers anyways so We trust those companies you know Jeff Bezos is Lex Luthor we all know that Correct the interwoven world of the Elites and their cronies they're always Apt to cover anything up or hide Anything that their buddies need them to And more importantly to keep the Information and the truth out of your Hands if someone goes against the grain Of the belief system of either one of Those corporations they have no problem Shadow Banning or censoring them so Instead of being controlled by big Tech Centralization instead of having one Single point of failure decentralized Servers spread out the information from A plethora of servers all over the world
Creating a more secure tamper-proof Censorship resistant environment which Makes for a more fair in Democratic Internet and some of you may be thinking Ben didn't we just talk about filecoin Or filecoin and are we basically the Same thing well yes there are both Projects that utilize decent dry storage But they use different Tech and Therefore have different features while Filecoin uses ifps or the interplanetary File system an attempt to provide Decentralized storage our weave uses the Block And this provides permanence on the Internet this means that they want to Store your data forever remember the Internet was built for connectivity not Permanence so think of it like this Filecoin is renting their user storage In return for a coin filecoin where our Weave allows users to store data Permanently as long as that work doesn't Go down you can retrieve your data or Files for a small fee so obviously we Know why it's important to have Permanence on the internet but how do They do this so structurally speaking Are we blockchain is much different than Traditional blockchain the block William Technology is a subset of distributed Ledger technology or DLT this acts like A hard drive or a permoweb and the User's access that's on top of it a
Block and a normal blockchain is Connected to the Block in front of it And the block behind it with our weave a Blockage is connected to the one in Front of it and two behind it hence the Weaving or the second Block it's called The recall block we're not getting too Far into the weeds and the consensus Mechanisms and whatnot what's the end Game here what's the point why does it Matter well a lot of you guys are Speculation based or trading based and Our weave's token right now is down 90 From its all-time high Now that you see its value could there Be something there that could make it Return to all-time highs in the next Bull Run we'll just have to see Non-financial advice there's definitely Want to keep your eye on from a Utilities perspective we've already Discussed about permanence and why Decentralized servers are so important To the ecosystem of the internet in the Future but it doesn't end there RV has a Massive ecosystem that incorporates more Contracts nfts music storage identity And the list goes on and on let's say You want to save your photos music Videos or anything else on our weed how Do you do that you can do this at AR Drive dot IO you can permanently store Your memories and data on a Decentralized server for minimum cost
And you can do that right now for a Minimum of 200 years And in the future you'll be able to even Increase that amount because who knows Maybe in a thousand years your Consciousness will still be alive in a Metaverse and you can see your photos From way back here in 2023 and unlike Normal Cloud subscriptions well this one You just pay one time and you're done There's no monthly fee which is on AR Drive it's there forever president to do This goes from a dollar and fifty cents All the way to four dollars per gigabyte It has Dynamic pricing but the last Check it was a dollar 63. this is more Expensive than say Google but since That's a subscription-based service in a Few years this would be worth much more Of a value you can check out this chart To back that up so it's cheaper and you Can store your data longer on our weave You can on any of these corporations and Centralized servers from companies that We hate so to me it's pretty common Sense if you want to store your stuff Forever just check out our weave and Ardrive.io but you be the judge drop Down below and let me know in the Comments what you think about our weave What'd you think about decentralized Servers have you you try to use AR Drive Dot IO make sure to like this video That's all I got be blessed big boy out
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