- Arweave collaborates with Iridia and LifeShip to launch its Genesis Block to the moon on using innovative molecular storage technology based on synthetic DNA.
- The project demonstrates Arweave’s commitment to advancing storage technologies, with founder Sam Williams highlighting how permissionless networks enable crucial experimentation in data preservation.
- Despite this groundbreaking initiative, Arweave’s token (AR) has experienced modest gains of 7% recently while showing significant volatility over the past year, dropping from US$48 in May 2024 to approximately US$16.88.
- The company’s recent innovations extend beyond lunar storage to include their ‘hyper parallel computer’ AO, which aims to revolutionise blockchain scalability and enable AI-driven smart contracts with transparent execution.
Arweave is making history by sending its Genesis Block to the moon (literally!) this week, stored in an innovative synthetic DNA format.
Related: FTX Kickstarts $1.2B Creditor Payout Post-Trump Inauguration; Crypto Reinvestment on the Rise for 2025
According to a press release from January 15, the data will be housed in a metal pyramid aboard a lunar lander, developed through a collaboration between molecular storage company Iridia and space exploration firm LifeShip.
Founder: Arweave to be Bitcoin of Storage
The moon’s stable environment is believed to be an ideal location for long-term data preservation, as it’s free from Earth’s weathering and natural disturbances.
The Genesis Block’s storage system combines Iridia’s shielded nanotechnology with synthetic DNA storage techniques, which offer remarkable advantages in data density and longevity while consuming minimal energy.
In a statement Arweave founder Sam Williams said:
This playful venture highlights something much more important: The use of Arweave in testing new storage technologies – in this case, molecular storage. Just as Bitcoin helped lead a dramatic reduction in costs for the production of ASIC computation devices, we have always desired that Arweave will do the same for data storage. Permissionless networks provide a fertile ground for such experimentation, and today we are starting to see the first signs of this trend beginning to play out on Arweave.
Hyper Parallel Computer to Push Boundaries
Arweave (AR) meanwhile has benefitted from the moon-ish news, gaining 7% over the past 24 hours. AR has not seen the same returns as other altcoins over the past year though.
While it is up 68% from last year, the past few months have seen it drop from US$48 (AU$77) in May 2024, to currently US$16.88 (AU$27.07).
Just ahead of the May 2024 local top, Arweave made waves with their ‘hyper parallel computer’. AO the Computer is designed to infinitely scale blockchains for enhanced computational capabilities.
Related: From Brokerage to Breach: Robinhood Pays Big for SEC Slip-Ups
This could enable large language models, like AI-driven smart contracts, to operate directly on the blockchain, ensuring transparent and verifiable execution without the need for a central authority.
Williams explained:
AO is the hyper-parallel computer. It’s a decentralized computation environment that allows you to run any number of processes in parallel at the same time. Previous decentralized compute systems have either enabled large-scale compute or verifiable compute. AO lets you do both at once.
Credit: Source link