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David Vorick of Siacoin (SC) Skynet on how Arweave and Skynet are used Widely

Siacoin

Community Trust ScoreVerified

96%
Real
Verified47 votes
Updated 5 years ago

David Vorick expressed:  I’m seeing more and more projects using Arweave for persistence and Skynet for distribution. I’m glad for this; decentralization has always been about allowing users to choose the tools that make the most sense for them, and about making the commons as valuable as possible.

For clarity, Arweave is software that seeks to store files permanently across a distributed network of computers. Further, files stored on Arweave are accessible through traditional web browsers, meaning they don’t require any special wallet or blockchain service.

Arweave is one of the disruptive types of innovation. It makes a fundamental change in the way data is stored or, more precisely, how data is stored over the long term.  Arweave is a “novel data storage blockchain protocol”

Arweave uses a form of database to store data that cannot be deleted or changed and uses economics to incentivize people to store the data for long periods of time for the first time ever. This combination makes either public or private data permanent.

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In simple terms, Arweave is a network that connects those with disk space to spare with those who need permanent data storage.

Skynet is a decentralized file sharing and content distribution protocol. All content payments on Skynet are paid out over the Sia blockchain, which means that any content fee will be paid out to a Siacoin address.

Siacoin is a relatively simple way for crypto enthusiasts to make a passive risk-free income. It has a hard-working team and devout community backing it, providing for one of the strongest real-use cases for blockchain technology.

Community attitude:  Likewise, we have always been keen to see permaweb apps use Sia. If they need temporary, well-priced storage. Many permanent apps will need temporary storage for data, too.

Ultimately, human aspects are important for adoption. People are people, though and these days, they’re especially poorly equipped to understand tech/science. But we can use those same things to connect and engage with them and change the world by designing useful and usable systems/products.

At some point, you have to understand that many people don’t understand technology. Still, they understand social movements, and that is why their trading is around social tokens, not technology ones. People generally do/trade what they know and what they think will make them money.

How is anything crypto anything but blind speculation? It seems the only drivers are random bits of publicity that could go in any direction at any time. And the environmental impact is HORRENDOUS!

Community Trust IndexHigh Confidence
96%
Real
Real96%4%Fake
47 community signals

Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first gained mainstream attention. She covers the latest developments in blockchain technology, DeFi protocols, and regulatory frameworks for The Currency Analytics.

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