Welcome to episode 81 of the FTX Podcast with returning guest Sam Williams, founder of Arweave, and host Tristan Yver.
Arweave makes information permanence sustainable. It is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever.
The protocol matches people who have hard drive space to spare with those individuals and organizations that need to store data or host content permanently. This is similar to how Uber connects drivers with people who need transport. This is achieved in a decentralized network and all data stored is backed by a sustainable endowment ensuring it is available in perpetuity.
Thanks for coming on to speak again Sam!
Time Stamps:
0:00 – 2:23 : Introduction of Sam and conceptualization of Arweave.
2:23 – 6:27 : Sam explains the mechanism that allows Arweave to be the storage container.
6:27 – 10:51 : Sam speaks on Arweave being ‘blockchain agnostic’ and still being able to mesh well and interact with each unique blockchain.
10:51 – 14:08 : Sam shares the scalability solutions, including the Merkle Tree, Arweave utilizes for storage endowment.
14:08 – 16:37 : Sam explains how the Arweave network consolidates complexity through the one storage contract that everyone contributes to; with every piece of data having an infinite storage term.
16:36 – 21:07 : Sam explains the Merkle Tree and its utility within the blockchain data structure; as well as the ability for a miner to provide the trace path back to any given piece of data for proof of storage.
21:07 – 23:06 : Sam puts the compute efficiency of the Arweave system into perspective with the utilization of the Merkle tree.
23:06 – 27:57 : Sam and Tristan take a moment to appreciate the end product manifestation of Sam’s thoughts – Arweave; and recount the eureka moment.
27:57 – 32:02 : Sam shares the things that have transpired since his first episode appearance, including the increase in valuation of the Arweave coin – AR.
32:02 – 34:56 : Sam shares what’s next for Arweave and what he sees coming in the future, including ‘gateway decentralization’ access points and making data accessibility on Arweave quick and easy for anyone in the world.
34:56 – 37:07 : Sam gives advice to those looking to come into space and add value – especially with building in synthesis with the Arweave network.
37:07 – 37:53 : Sam explains how Arweave incentivizes massive corporations or entire country’s to upload their entire library of information.
Thank you for your time and insight Sam, it is much appreciated!
●▬▬▬▬▬▬Trade on FTX▬▬▬▬▬▬▬▬●
FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. We strive to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.
https://ftx.com/
●▬▬▬▬▬▬▬▬FTX Socials▬▬▬▬▬▬▬▬▬●
FTX Twitter: https://twitter.com/FTX_Official
FTX Youtube: https://www.youtube.com/c/FTXOfficial/
SBF Twitter: https://twitter.com/SBF_Alameda
LinkedIN: https://www.linkedin.com/company/ftx
●▬▬▬▬▬▬▬▬FTX Customer Support▬▬▬▬▬▬▬▬▬▬▬●
Help Desk: https://help.ftx.com/hc/en-us
FTX.com/support
Support@ftx.com
Telegrams:
FTX Telegram Communities
English – https://t.me/FTX_Official
Chinese – https://t.me/FTX_Chinese_Official
Vietnamese – https://t.me/FTX_Vietnam_Official
Russian – https://t.me/FTX_Russian_Official
Turkish – https://t.me/FTX_Turkey_official
Taiwanese – https://t.me/FTX_Taiwan_Official
India – https://t.me/FTX_India_Official
Spanish – https://t.me/Ftx_Spanish_Official
Portuguese – https://t.me/Ftx_Portugues_Oficial
Africa – https://t.me/FTX_Africa
Indonesian – https://t.me/FTX_Indonesia
{Please refer to the latest FTX policies and rules on FTX Help Center: https://help.ftx.com/hc/en-us ]