Is Arweave proof of work?

In this work we present the Arweave protocol, a new blockchain-like data structure called the blockweave. The protocol is designed to provide scalable and permanent on-chain data storage in a sustainable manner .

Areweave’s design also means that the way it checks the accuracy of transactions is different than most cryptocurrencies. Where Bitcoin asks computers on its network to compete to solve a mathematical puzzle — a process called proof-of-work — Arweave uses a different mechanism called “proof-of-access.”

Arweave is not supported by Coinbase .

If you are looking for virtual currencies with good return, AR can be a profitable investment option . Arweave price equal to 32.003 USD at 2022-03-23. If you buy Arweave for 100 dollars today, you will get a total of 3.125 AR.