A Decentralized Autonomous Organization (DAO) is a form of organizational structure embodied through open-source code, controlled by shareholders, and impervious to the influence of central authorities. Due to the immutable and traceable blockchain smart contracts features, DAOs have received robust technical support and have made significant strides in cryptography.

Permaweb is the next-generation internet architecture proposed by the Arweave ecosystem. The key emphasis of Permaweb lies in granting applications and websites the attribute of perpetual accessibility, allowing the internet to possess memory and eliminate forgetting. Additionally, Permaweb features a serverless nature, relieving developers from deploying front-end and back-end components themselves; all developed services will be provided by the foundational service layer of Permaweb.

In the last blog post, we introduced a domain-oriented PoS design. We foresee that in the rising era of WEB3, developers will not be limited to traditional Layer1 blockchain and EVM. Still, there will be more paradigms to build WEB3 applications. SCP is a smart choice for WEB3 development architecture design, allowing developers to focus on domain-oriented PoS design. This article will provide an in-depth example of domain-oriented PoS and explain how to solve the trust problem through domain-oriented PoS, and create a trustless DAO for collaboration between users through PoS.

It is difficult to create a decentralized news media content platform on Ethereum, since the high fees discourage any forms of storage. Arweave offers a new possibility to reduce the cost of decentralized storage with 1GB of permanent data storage for only 15 USD. Using Arweave as the Web3 infrastructure, developers can easily build decentralized media content platforms.

Decentralized applications do not have to be built on a public blockchain like Ethereum.

This post is based on the speech that outprog, the everFinance’s founder who proposes the SCP (Storage-based Consensus Paradigm) theory, gave on BeWater Live. It is intended to give you the whole picture of Arweave’s tech ecosystem by delving into Arweave, SmartWeave and SCP, as well as the two-layer model that integrates PoW and PoS.

This post is based on the speech that outprog, the everFinance’s founder who proposes the SCP (Storage-based Consensus Paradigm) theory, gave on BeWater Live. It is intended to give you the whole picture of Arweave’s tech ecosystem by delving into Arweave, SmartWeave and SCP, as well as the two-layer model that integrates PoW and PoS.

This post is based on the speech that outprog, the everFinance’s founder who proposes the SCP (Storage-based Consensus Paradigm) theory, gave on BeWater Live. It is intended to give you the whole picture of Arweave’s tech ecosystem by delving into Arweave, SmartWeave and SCP, as well as the two-layer model that integrates PoW and PoS.

The storage-based consensus paradigm (Abbreviated as SCP. Former name: storage-based computation paradigm) is the next-generation paradigm for blockchain application development proposed by everFinance. The SCP is a development practice that anyone can use to build decentralized applications. A typical application is everpay.io, and other applications such as koii.network, kyve.network are also essentially an implementation of the SCP. Although the idea of SCP originated from SmartWeave, SmartWeave can also be considered as an implementation of SCP.