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2024-04-04

Inscrib3 Partners ArDrive To Scale Bitcoin Using Arweave

Author: ArweaveB @ Contributor for PermaDAO

Reviewer: Jomosis @ Contributor for PermaDAO


Inscrib3, a project that aims to implement new use cases for Bitcoin software has revealed a collaboration with ArDrive that plans to use Arweave to scale Bitcoin.

Inscrib3 is not new to Arweave. It said it had been providing users with the ability to deploy tokens using links to various storage services that reference this technology such as ArDrive and Akord.

But beyond using links to platforms on Arweave that provide storage services, Inscrib3 is looking to go deeper into the Arweave ecosystem by simplifying the process which will also make Permaweb Technology accessible to everyone.

“Soon, we will implement the option to store files on ArDrive directly within the launchpad, simplifying the user experience to the maximum extent possible.

“This will create a forward-thinking tool in the world of token creation on Bitcoin, exploring a viable and cost-effective alternative for creators on this blockchain,” Inscrib3 stated.

The project further stated that integrating Arweave with Bitcoin enables off-chain storage data and alleviates the main chain from the burden associated with file storage. This addresses scalability concerns, allowing Bitcoin to process transactions more efficiently and with higher throughput.

“With Arweave managing file storage and Bitcoin providing the underlying infrastructure, developers can create a wide range of DApps, including decentralized financial platforms (DeFi), gaming applications, different type of art, social platform and more,” the project stated.

As part of Inscrib3’s offering, W404lves said it would be pioneering Bitcoin art using Arweave.

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