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Introducing Warp: a new implementation of data-driven smart contracts built on top of the @arweave network. Who would find it useful, and what are best fit use cases in the existing ecosystem? Read the🧵below to learn more.
#arweave #smartweave #warpspeed
warp.cc Image
@arweave What issue are we solving? First of all, astronomic usage costs of current #blockchainprotocols.
1GB of storage costs at least $1M on @ethereum,
at least $500k on @solana — it is just too expensive. @arweave comes to the rescue, with mind blowing $5 per 1GB storage (as of 2022).
@arweave @ethereum @solana It’s more than #storageonchain, though.
Here's what Arweave’s own protocol #SmartWeave is good at:
🔐 providing #dataintegrity,
🤝 offering real #dataownership through #NFT
💫 decoupling storage from computation, saving a ton on process efficiency
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