A Look at Arweave’s Ecosystem Developments

May 5, 2022, 3:33PM EDT

• 14 min read

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.

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