Arweave vs. Filecoin | Decentralized Storage Tokens

Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin and Arweave leverage their decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.

~This episode is sponsored by Kraken~

00:00 intro
00:40 Sponsor: Kraken
01:14 Filecoin
04:44 Tokenomics
05:45 Arweave
09:54 web3 Social Media
11:06 Arweave Name Service
11:46 Arweave Wallet Problem
12:44 Top Bull Run Altcoin?
13:22 outro

#Crypto #NFT #Metaverse
~Arweave vs. Filecoin | Decentralized Storage Tokens~
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[t-birdmr.t]

What I like about Arweave is you pay once and it is stored forever. With Filecoin, etc you have to keep paying

[wildcoastbookings]

My thoughts around these 2 projects was that FIL would be more suited to the average user, whereas AR would be more suited to corporations, especially when it comes to the fee structure

[israelokafor]

Hi Paul are you bullish on chainlink and fil coin?

[andyjohnson]

Paul, you and the coin bureau are killing it . Thanks for the info. Next bull run, I'll swing by your patrion.

[DemetriaJingst]

Thank you so much for this amazing video! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

[FrancoiseSensibaugh]

Appreciate the detailed breakdown! 🧐 I have a quick question: 🤷‍♂️ I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌

[ryanvaughan]

What about AKASH? They blow both these away.

[paulonsaturn]

Good job detailing Arweave, what about up and coming data storage projects?

[PursuingALPHA]

Love Arweave a lot more than Filecoin. Not just because of use case but because Arweave is not being pursued by SEC as a security. There are a lot of unknowns about Filecoin. I am staying away from it.

[long_and_longer]

I like AR alot too. I'm waiting until it starts to consolidate before buying more.

[Dvonoznapalacinka]

imagine this plottwist that file coin becomes the biggest cryptocurreny😂😂

[blockchainbullfrog]

Serious question. Did you hack my computer and are you spying on me?
I literally created a note yesterday that is still open as a reminder to do research on it and has the text "Arweave vs filecoin".

[DIDuMEME]

Oh so it’s the plate for your steak & potatoes…

[jeliobalkanski]

Hey Paul, why you call Lyn Aldin "her", when the person is actualy "he", its a man.. whats wrong with you?