Rohit (ropats16)

Rohit

Education x Development | Open Sourcerer | Growing reccite.com to $10K MRR

22 Followers

Recent casts

It rained in Mumbai early in the morning And the weather now had no right being this cosy on the very first day of the year But it’s time to get back to shipping Who’s with me? 🙋🏻‍♂️

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It’s so important to celebrate each other’s wins in this space Both individual and team wide One win is everyone’s win Rooting for everyone who’s showing

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Building something fun for @ethglobal @efdevcon.base.eth 2026 Any guesses on what it could be? 👀 Demo’ed this to a bunch of people at @ethmumbai MIP yesterday 🤫 Launching on Christmas Day

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Top casts

Apologies, I missed one cast from your thread regarding the demand for storage of old data. But to clarify this point, Arweave uses a mining mechanism where in order to store new data, a proof from some randomly selected historical data must be submitted. This incentivizes miner to continue storing old data.

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This blog outlines the process in more detail in case this piques your interest: https://www.communitylabs.com/blog/your-faq-guide-to-arweave-how-does-arweave-s-mining-mechanism-work

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So in this case Arweave has an endowment. Approximately 95% of user’s upfront fees go into this endowment. The purpose of this endowment is to release AR Tokens whenever a case may arise so that data storage continues to remain profitable for the miners. So far, however, there hasn’t been a need for this.

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Hey @clauswilke curious what you think are the potential failures of Arweave that concern you in this regard?

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