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Arweave’s Permaweb stops coronavirus censorship, raises $8M

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The Chinese government has been removing criticism of its coronavirus response from apps like Weibo, the local equivalent of Twitter. But before it can, that content is being saved, decentralized and highlighted thanks to Arweave’s permaweb. Today it’s announcing another $8.3 million in funding from Andreessen Horowitz, Union Square Ventures and Coinbase Ventures. Arweave has…
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Arweave’s Permaweb blockchain can host sites & apps forever

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What if you could pay now to store something online permanently? You could preserve a website against censorship, save legal contracts or offer an app even after your company fails. That’s the promise of Arweave‘s Permaweb. The startup has built a new type of blockchain that relies on Moore’s Law-style declining data storage costs. Users…