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Arweave is a decentralized storage network that was initially introduced as Archain in August 2017, subsequently rebranded to Arweave in February 2018, and launched in June 2018. AR is Arweave's native utility token, which has been utilized for miner incentives and transaction fees.Arweave allows users to keep and save key info, apps, and history permanently as a jointly owned hard drive that never forgets. Users may pay once and have their data stored for the rest of their lives using Arweave. Proof-of-access and data storage endowment are the two techniques that make this feasible.