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2024-01-10

Arweave Weekly Highlights 2024 Week 1

Web3 is booming, and Arweave is becoming a popular infrastructure choice for developers. PermaDAO is a community where everyone can contribute to the Arweave ecosystem. It's a place to propose and tackle tasks related to Arweave, with the support and feedback of the entire community. Join PermaDAO and help shape Web3!

Author: wenchuan @ Contributor of PermaDAO

Translator: Jomosis @ Contributor of PermaDAO

Reviewer: Xiaosong Hu @ Contributor of PermaDAO


Arweave's data from last week: The mainnet completed a total of 113,146,284 transactions, achieving 999.3 GiB of storage in a single week.

This week, the storage cost is 0.858 AR/GiB, and there has been an increase of 872 on-chain addresses.

PermaDAO distributed a total of 381.35 $AR last week (equivalent to 3382.57 USDC) as contribution incentives.

Weekly News Summary

🔥 Sam introduced rapidly growing projects in the ecosystem in the first week of 2024 in his tweet.

🔥 everVision rebranded its twitter account.

🧵 Othent released Othent 2.0.

🧵 Irys tweets clarification that previous misunderstandings with core team causing the fork have been resolved.

🧵 Warp Contracts releases the summary of the year 2023.

🧵 KYVE announced updates to be released in 2024.

🧵 Arkod launched its annual review for the year 2023.

🧵 ReadON shared a summary of 2023, with ReadON DAO's user base surpassing 1 million!

🧵 ReadON participated in the People's Alliance inscription event of Particle Network on Linea.

🧵 RedStone posted an article explaining how oracle systems prevent inaccurate quotes.

🧵 Akord introduced the current status of the Arweave donation fund.

Network & Project Updates

  1. Sam introduced rapidly growing projects in the ecosystem in the first week of 2024 in his tweet

  • Dria: Arweave serves as the shared memory of AGI.

    • Dria, an Artificial Intelligence Wikipedia, was created by FirstBatch.

  • Othent 2.0 released: Making key management for Permaweb newcomers as simple as Google login.

  • Irys is exploring how to build a network fork in line with the Arweave community constitution: an evolving Arweave framework.

  • Warp Contracts released a new version of the SmartWeave protocol, allowing users to input over 5 times data to contracts.

  • The MEM team introduced optional program upgrade features for its decentralized computing platform.

    • MEM is a platform for rapidly building and deploying trustless applications.

https://twitter.com/samecwilliams/status/1743258645041983928

  1. everVision rebranded its twitter account

  • The X account will be rebranded from @everVisionHQ to @everPayHQ, focusing on the release of products and operational information related with everPay.

  • In the future, EverVision will serve as a laboratory.

https://twitter.com/everPayHQ/status/1742101407162098165

  1. Snapshot has successfully stored over 65 million proposal data entries on Arweave through 4EVERLAND.

https://twitter.com/4everland_org/status/1742854146401939950

  1. Othent releases Othent 2.0: Faster and Lighter Than Ever.

  • Othent is a protocol that allows alternative access to the blockchain without using private keys, making blockchain more widely accessible through a customized authentication process.

  • Features of 2.0: Signature speed increased by 700%, data indexing through Arweave gateways, easy integration with minimal code, and native Arweave private keys.

https://twitter.com/KeysArentSimple/status/1742614935291502922

  1. Irys tweets clarification that previous misunderstandings with core team causing the fork have been resolved

  • Currently, Irys hasn’t decided to fork Arweave.

https://twitter.com/josh_benaron/status/1742887405068181641

  1. Warp Contracts releases the summary of the year 2023

  • Warp SDK Upgrade: Including updates on EVM key signing, WASM Rust support, plugins, KV storage, DRE, contract constructors, and other tools.

  • Revamped Warp Academy, streamlining onboarding for a first-class developer experience.

  • Expansion of the Warp ecosystem: WeaveDB, Othent, ATOR, and more.

  • AI on Warp: Combining smart contracts with neural networks, providing a pathway to address challenges in networks such as authenticity and trust. @FirstBatchxyz_, @fairAIprotocol, and @TheDataOS are leading the convergence of artificial intelligence and cryptocurrency, reshaping the industry.

  • Atomic Assets: Akord, which is the cornerstone of the Arweave ecosystem, is rapidly expanding.

  • Decentralized sequencer of Warp: After a year of development, a permissionless Warp sequencer will be launched.

https://twitter.com/warp_contracts/status/1742923154186752126

  1. KYVE announced updates to be released in 2024

  • More Trustless Backups: To foster the flourishing of Web3, all chains must be backed up in a trustless manner to ensure seamless availability of data.

  • Ecosystem Expansion: KYVE is venturing into new domains, such as EVM.

  • Empowering Developer Innovation: Including Hackathons, bounties, and grants.

https://twitter.com/KYVENetwork/status/1742545092169142314

  1. Arkod launched its annual review for the year 2023

  • In terms of performance, Arkod supports users to massively upload and download files. For developer tools, a new feature has been introduced to make the API key accessible to the Akord API, and AkordJS has been upgraded to v4.23.6. Additionally, the "SaaS3" subscription has been launched. Of course, Akord has also added and optimized many small features.

  • Furthermore, there are three notable highlights including temporary storage services, opening the mint of atomic NFTs, and the new token-gated access.

https://twitter.com/AkordTeam/status/1741833669277286750

  1. ReadON shared a summary of 2023

  • ReadON DAO's user base surpasses 1 million!

https://twitter.com/ReadOnMe3/status/1742114168738889941

Project Collaborations & Integrations

  1. ReadON participated in the People's Alliance inscription event of Particle Network on Linea.

https://twitter.com/ReadOnMe3/status/1742916466947895508

生态教育

  1. RedStone posted an article explaining how oracle systems prevent inaccurate quotes

  • On January 1st, Google reported incorrect price information for Euro/Polish Złoty and Dollar/Polish Złoty, accounting for 20% of the report.

  • An oracle is a system that aggregates data from multiple sources and delivers it to dApps and Web3 projects.

  • Oracles rely on not just one but a multitude of data points to build robust data streams.

https://twitter.com/redstone_defi/status/1743613878012162461

  1. Akord introduced the current status of the Arweave donation fund

  • The donation fund of Arweave has just surpassed 66,000 AR, equivalent to 0.1% of Arweave's maximum supply.

  • When users make prepayments to store data on Arweave, not all of the storage fees are allocated to miners. 83.33% of the payments enter the donation fund.

  • This donation fund will pay the miners based on specific conditions, ensuring that the block rewards for storing data remain higher than the cost of miners to store data.

https://twitter.com/AkordTeam/status/1743067064426705361


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