Arweave Weekly Highlights Week 18 | ao Test Network Sends Over 50 Million Messages, $AOCRED Surges Nearly 15 Times
Author: Kyle
Translator: Kyle
Reviewer: Jomosis
Arweave's data from last week: The mainnet completed a total of 218,035,351 transactions, achieving 1.12 TiB of storage in a single week.
This week, the storage cost is 0.748 AR/GiB, and there has been an increase of 659 on-chain addresses.
PermaDAO distributed a total of 114.92 $AR last week (equivalent to 4017.05 USDC) as contribution incentives.
Weekly News Summary
🔥 ao Test Network has sent over 50 million messages!
🔥 The transaction volume of the Arweave network has exceeded 700 million in April.
🔥 $AOCRED has recently surged 15 times.
🔥 Sam and outprog were invited to participate in the AI X Crypto Hackathon AMA event hosted by BeWater.
🧵 Cross-chain bridge project AOX is about to launch its Beta version and cross-chain incentive activities.
🧵 0rbit supports obtaining news source data on AO.
🧵 Mask Network announces collaboration with Sei blockchain.
🧵 HackMD integrates Arweave, supporting permanent document storage.
🧵 ArSwap has optimized its product, improving transaction speed.
🧵 Mind Network announces partnership with Nesa.
🧵 typr (AO Twitter) supports tipping with $TRUNK.
🧵 RedStone announces providing price feed services for Clave and Euler v2.
🧵 Sarcophagus launches $SARCO / $WETH liquidity pool on Base chain's Uniswap.
🧵 4EVERLAND will introduce a computing integration solution aimed at empowering DePIN and AI technology.
Network & Project Progress
ao Test Network has sent over 50 million messages!
The transaction volume of the Arweave network has exceeded 700 million in Apri.
$AOCRED has recently surged 15 times!
$AOCRED is the test token of the AO network, currently tradable on decentralized exchange Permaswap.
Cross-chain bridge project AOX is about to launch its Beta version and cross-chain incentive activities.
AOX uses MPC (multi-party secure computation) technology to construct bridges, inviting key participants of Arweave to operate nodes and jointly sign cross-chain messages, which will be realized after AOX enters the formal stage.
AOX Beta version is about to be launched, managing risks through single-key signature and transaction limits per address during the Beta phase.
AOX is planning a cross-chain incentive activity, enabling the transfer of $AR to AO via AOX and earning our test token $TAOX, eligible for official token airdrops in the future.
ArDrive ranked first in Product Hunt's weekly Web3 products.
Product Hunt is a website for users to share and discover products, founded by Silicon Valley entrepreneur and investor Ryan Hoover in 2013.
Sam and outprog were invited to participate in the AI X Crypto Hackathon AMA event hosted by BeWater.
BeWater invited Sam, founder of Arweave and CEO of Forward Research, and outprog, founder of PermaDAO & AO and everVision, to participate.
The two answered developers' questions about Arweave & AO during the event.
Sarcophagus launches $SARCO / $WETH liquidity pool on Uniswap of Base chain.
4EVERLAND will introduce a computing integration solution aimed at empowering DePIN and AI technology.
4EVERLAND aims to become a Web3 cloud computing platform integrating storage, networking, and computing capabilities, having successfully integrated various decentralized storage solutions including Arweave.
4EVERLAND will launch a computing integration solution to unlock DePIN value and empower artificial intelligence, integrating computing power market through introducing user-friendly L2 network and providing features like AI RPC, AI Worker, DWeb Hosting.
4EVERLAND's work focuses on AI model market, computing market, and data market, aiming to provide users with a unified AI model invocation interface, integrate idle computing resources, and provide high-performance secure storage to meet various scenarios' demands such as artificial intelligence.
HackMD integrates Arweave, supporting permanent document storage.
HackMD is a leading real-time, multi-platform collaborative Markdown knowledge base.
Integration of Arweave with HackMD allows users to export their documents to the blockchain via Arweave network, providing users with control over the permanence and accessibility of documents, especially suitable for storage and sharing of public content such as whitepapers, research papers, community guides.
ArSwap has optimized its product, improving transaction speed.
ArSwap is a decentralized exchange in the AO ecosystem, developed by the Pianity team (Arweave ecosystem music NFT project).
Users can claim from the faucet on ArSwap and experience trading and establishing LP liquidity on ArSwap in advance.
typr (AO Twitter) supports tipping with $TRUNK.
$TRUNK is the memecoin of the AO ecosystem.
0rbit supports obtaining news source data on AO.
0rbit is a decentralized, permissionless, and censorship-resistant oracle network, aiming to make it easier and more efficient for everyone to access and use blockchain data.
Developers create 0rbit news subscription bots through Lua scripts, using 0rbit's Get-Real-Data handler to fetch news from specified API URLs and update data to the news table.
Project Collaborations & Integrations
RedStone announces providing price feed services for Clave.
Clave is a user-friendly smart wallet, which uses advanced security features like Secure Enclave and Account Abstraction to simplify blockchain usage.
Clave integrates RedStone to enable its smart contracts to retrieve the current $ETH price.
Mask Network announces collaboration with Sei blockchain.
Through integration, Mask Network welcomes community members of Sei ecosystem to use Mask's extension.
Mind Network announces partnership with Nesa.
Nesa is a lightweight AI Layer 1, integrating mining networks and ZKML decentralized inference protocol built on Cosmos WASM through revolutionary AIVM (Artificial Intelligence Virtual Machine) architecture, aiming to establish a decentralized model market vision.
Both will explore close technical cooperation and mutually share our stack components. Mind Network will also use Nesa for artificial intelligence inference.
RedStone announces providing price feed services for Euler v2.
Euler is a modular lending platform on Ethereum, providing infinite customizable features and seamless liquidity connection.
RedStone ensures security for Euler v2 by providing tamper-proof price information on Ethereum's core model, supporting customized lending options that allow users to choose their preferred oracle, including RedStone among other options.
Ecosystem Education
Irys tweet—Introduction to Use Cases of Irys.
With Irys, social media dApps can permanently store their content on-chain, making it resistant to censorship, e.g., Lens Protocol;
Irys can permanently store any audio file on-chain, e.g., sound.xyz;
Content creators can use Irys to permanently store videos on-chain. e.g., Tape;
Irys can affordably store images permanently on-chain, e.g., Metaplex;
Through Irys, on-chain identities can be stored on a large scale, e.g., CyberConnect.
Only Arweave tweet—Introduction to How Arweave Operates and its Importance.
Arweave uses the SPoRAAS consensus mechanism, which checks whether nodes store previous data on Arweave. About 95% of each upload cost goes into a donation fund, which will release funds when mining becomes unprofitable (this ensures Arweave can store data for over 200 years).
Arweave can host permanent websites, store and organize the world's most important data, enabling true non-fungible tokens.
AR.IO publishes blog post—Arweave and AR.IO: Two DePIN Projects Behind AO.
AO utilizes Arweave's permanent data protocol and AR.IO's decentralized gateway to achieve super-parallel processing, elevating data storage and processing capabilities to a new level.
AR.IO provides decentralized gateway infrastructure, responsible for indexing, caching, and providing permanent data on the Arweave blockchain, allowing operators and developers to interact with Arweave's permanent data and receive incentive rewards through gateway operations.
🔗 More about PermaDAO ：Website | Twitter | Telegram | Discord | Medium | Youtube
💡 Initiated by everVision and sponsored by Forward Research (Arweave Official), PermaDAO is a "Cobuilding Community" focus on the theme of Arweave consensus storage. All contributions from PermaDAO contributors form the bedrock of data consensus. Let's embark on a journey starting with data consensus and delve into a novel paradigm for decentralized collaboration - Decentralized Autonomous Organizations (DAOs)!
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