Dear Hoo uses,
Hoo will list AR/USDT trading pair at 16:00 on June 1, 2020 (UTC+8).
Deposit & Withdrawal: Opened
Introduction to Arweave(AR)
The core technology that powers the Arweave is the blockweave. Just as a blockchain is a linked collection of blocks containing transactions, a blockweave -- specifically designed for the Arweave protocol -- is a set of blocks that contain data, linking to multiple previous blocks from the network. This data structure allows the network to an enforce that miners provide a ‘Proof of Access’ (PoA) to old data in order to add new blocks. Unlike in a traditional blockchain, where miners are forced to expend electricity in order to earn tokens, in the Arweave network miners are also encouraged to replicate valuable data (the information stored in the network) in order to gain tokens. This mechanism offsets the value that is normally wasted in blockchain networks, with useful, energy efficient storage of data.
Name: AR
Total supply: 50,000,000 AR
Explorer : https://viewblock.io/arweave
Website : https://www.arweave.org/
Discord : https://discord.com/invite/BXk8tq7
Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved. Your support on Hoo is highly appreciated.
Hoo Team
June 1, 2020
