Arweave Weekly Highlights Week 50
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Author: Kyle @ Contributor of PermaDAO
Translator: Kyle @ Contributor of PermaDAO
Reviewer: Scarlett LI @ Contributor of PermaDAO
Arweave's data from last week: The mainnet completed a total of 109,276,432 transactions, achieving 716.8 GB of storage in a single week.
This week, the storage cost is 0.799 AR/GB, and there has been an increase of 1289 on-chain addresses.
PermaDAO distributed a total of 587.93 $AR last week (equivalent to 5788.31 USDC) as contribution incentives.
Weekly News Summary
🔥 The Arweave ecosystem witnesses the birth of its first inscription project — ARIS.
🔥 Arweave network transaction volume reaches a historic high of 109,276,432 transactions, marking a 4.9% increase.
🔥 TPS (Transactions Per Second) on the Arweave network experiences a significant surge in the past week, reaching an all-time high.
🧵 ReadON forms a partnership with USDD.
🧵 everPay achieves a milestone of 20,000 users!
🧵 Music platform Arcadia starts to launch musical works.
🧵 PermaDAO collaborates with LegalNOW.
🧵 Adot announces a partnership with WeirdoGhostGang.
🧵 Akord supports the minting of atomic NFTs on Arweave.
🧵 Warp Contracts updates its SDK to v1.4.26!
🧵 Irys introduces the Arweave Storage Price Calculator tool.
🧵 Permaswap AR trading competition is in full swing!
🧵 Kwil participates in the DePIN Christmas celebration event.
🧵 KYVE integrates with Irys for archiving and verifying historical data from multiple blockchains.
🧵 Archway relies on KYVE as its solution, using KSYNC tool to preserve the chain's history.
Network & Project Updates
The Arweave ecosystem witnesses the birth of its first inscription project — ARIS.
ARIS adopts the Arweave inscription standard PRC-20, featuring fair distribution, low fees, high TPS interaction, and no block size limitations.
The project has completed all development work and is currently in the testing phase. It will officially launch on December 18 at 15:00 Central European Time (22:00 Beijing Time).
Arweave network transaction volume reaches a historic high of 109,276,432 transactions, marking a 4.9% increase.
TPS on the Arweave network experiences a significant surge in the past week, reaching an all-time high.
On December 14, 2023, TPS reached a record high of 187.91.
TPS remained consistently above 170 during the rest of the time.
everPay achieves a milestone of 20,000 users!
everPay is a real-time payment financial protocol built on Arweave, and the team is striving for the next milestone of 1 million users.
Music platform Arcadia starts to lunch musical works.
The platform recently launched the musical work "4EVA" by artist Luke Woodfield.
Musical work Link: https://arcadia.arweave.dev/#/track?tx=S2iCyKXwl3EGFY5xKuDFsglojl4_Mb8q3UriCIBYgfc
Warp Contracts updates its SDK to v1.4.26!
Warp Sequencer is responsible for submitting user transactions to Arweave, and this update primarily optimizes the Sequencer.
https://x.com/warp_contracts/status/1734575044452606131?s=20
Irys introduces the Arweave Storage Price Calculator tool.
Use Irys's Storage Price Calculator to select storage units (in bytes, kilobytes, megabytes) and instantly estimate costs by dragging and dropping files.
Permaswap AR trading competition is in full swing!
Event Duration: December 12, 12:00, to December 19, 12:00 (UTC).
The top 30 addresses trading AR tokens on Permaswap will share 60 AR as rewards.
Kwil participates in the DePIN Christmas celebration event.
The event, hosted by Arkreen, takes place on December 20 at 21:00 (Beijing Time).
Brennan Lamey, founder of Kwil, will deliver a keynote speech on decentralized database networks: Kwil as a framework for deploying independent BFT networks.
https://x.com/arkreen_network/status/1734744363618480151?s=20
Akord introduces a tool supporting the minting of atomic NFTs on the Arweave blockchain.
Atomic NFTs are a native Arweave NFT standard that combines contract and asset data.
Anyone can use Akord to mint their works as atomic NFTs and list them directly on the BazAR marketplace.
Project Collaborations & Integrations
ReadON and USDD have entered into a partnership.
The USDD protocol aims to meet consumer demand for stable digital currencies, enabling the use of USDD (a decentralized stablecoin with over-collateralization) for electronic payments.
Both have established activities on the TaskOn platform, with users participating to earn rewards.
PermaDAO collaborates with LegalNOW.
LegalNOW is a lawyer AI project, providing services such as contract drafting and review.
Adot announces a collaboration with WeirdoGhostGang.
Users can search for content from WeirdoGhostGang within Adot.
Archway relies on KYVE as its solution, using the KSYNC tool to preserve the chain's history.
KSYNC is a tool from KYVE that synchronizes blocks and states from the KYVE data lake to Cosmos blockchain nodes without waiting for peers, achieving fast and reliable synchronization.
Archway, an intelligent contract platform on Cosmos, addresses archival node complexity and storage cost issues with the help of the KSYNC tool.
KYVE integrates Irys for archiving and verifying historical data from multiple blockchains.
KYVE now uses Irys to archive and verify historical data from blockchains such as Cosmos Hub, Osmosis, and Axelar.
Irys's traceability technology ensures the permanence, accuracy, and unconstrained nature of data, providing KYVE with enhanced capabilities.
Ecosystem Education
KYVE releases instructional video titled "How KYVE's consensus layer (AKA chain) and protocol layer work together to make data a trustless public good."
Watch the video for a quick review of KYVE's unique architecture and understanding of its workings.
Only Arweave tweets: Over 700 students participate in LearnWeb3DAO's introductory course on Arweave.
LearnWeb3 is a leading education platform in the Web3 space, offering a wide range of educational courses, resources, and tools to help developers learn and grow in the Web3 field.
Students, upon completing the course, gain knowledge of Arweave and Permaweb fundamentals and receive graduation badges.
Kwil releases text and video tutorial on "How to create and deploy your own database network."
First, create a node and start a new network, then create a second node and configure its entry into the network.
Next, add the second node as a non-validating peer to the network.
Finally, upgrade the second node to a validator.
Decent Land Labs publishes an article on "Q4 2023 Review."
Introduced ANS and MEM beta versions and established close partnerships with many collaborators.
Products adopted by HackerNoon, featuring DID functionality supported by namespace.gg and MEM.
MEM achieves permissionless functionality, providing developers with an environment to test and deploy MEM functions.
Launched the Verifiable Atomic Computing Paradigm (VACP) model and collaborated with projects like ShardDog, Akord, Raven Protocol, and AlphaKEK to integrate MEM features into different applications.
Also released ANS statistics report and MEM getting started guide.
https://x.com/decentlandlabs/status/1735381009011519546?s=20
Only Arweave tweets: "How to create access-controlled permanent data using encryption on Arweave."
Lit Protocol is a key management network for decentralized signatures and encryption.
By encrypting files using Lit Protocol and uploading through Irys, immediate and bundled storage of files is achieved.
Using encryption on Arweave enables the creation of access-controlled permanent data for different levels of data access.
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