Exchange Arweave (AR)
If you're looking to swap Arweave, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Arweave or some fresh information about AR’s price movements. And, of course, we provide you with the multiple Arweave exchange options so that you can choose the offer with the best rates and lowest Arweave fees, as well as other parameters that suit you.
Arweave Price Stats
To help you make a decision about exchanging your Arweave, we gathered some cold hard numbers: Arweave price chart and other stats, such as Arweave market cap.
AR 24H HIGH $4.26081336
AR MARKET CAP $273,357,789.214
AR CIRCULATING SUPPLY 64,598,643 AR
AR 24H LOW $4.09251551
AR PRICE $4.23163362
AR 24H VOLUME $1,870,649.58
Arweave Price Chart
Here you can see the current price of Arweave, as well as Arweave price history.
What is Arweave?
Arweave (AR) is a utility token of the Arweave project — a blockchain-like decentralized storage solution. Arweave was founded in 2017 and as of 2021 is in its alpha stage. The project has attracted the attention of well-known investors like Andreessen Horowitz.
Arweave’s team points out that the centralized information storage model puts too much control in one agent’s hands: the information can be easily changed after it was first put into storage, for example. This is what the blockchain solutions are designed to avoid. Arweave uses blockweave — a blockchain-like structure that ties every new block (by hashing) not just to the previous one, but also to one additional block chosen at random. This is a part of what is called Proof-of-Access consensus; the nodes don’t have to store copies of the whole blockchain as long as they can access a specific block.
Among other novel features of Arweave are blockshadows: this is the technology allowing not to waste space and bandwidth distributing every mined block to every node in the network. Instead, only partial information is disseminated, letting the nodes reconstruct the block. To facilitate rapid data retrieval, Arweave implements the Wildfire system, which resembles a peer-provided rating system and encourages efficient work.
Arweave’s consensus mechanism combines Proof-of-Access (described above) and Proof-of-Work. As an incentive for their work, the miners get AR tokens. They are also used as transaction fees and as a payment for the Arweave storage services.
A Simple Way To Exchange Arweave Here At SwapSpace
Choose a pair
Choose the cryptocurrencies you would like to exchange among more than 1700 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Select the best rate
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: email@example.com.