Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Arweave founder: Irys is planning to fork Arweave “out of greed”

Arweave founder: Irys is planning to fork Arweave “out of greed”

CointimeCointime2023/12/18 01:52
By:Cointime

Sam Williams, the founder of Arweave, revealed on social media that Irys (formerly Bundlr), a Web3 storage solution within the Arweave ecosystem, is planning to fork Arweave "out of greed" and intends to delete data sets and reset token supplies. Williams pointed out that there is an established mechanism in the Arweave network called "protocol evolution" which allows for secure forking and network upgrades, but Irys has not followed this.

Currently, Arweave has provided a brand new and completely free Irys-compatible bundler on "up.arweave.net". Users only need to replace their Irys node URL with this URL to use it and solve Arweave user problems. Given the current situation, ar.io will remove the Irys bundler from the trusted centralized gateway of the Arweave mainnet, which will result in significant delays before user data is available. Arweave will also soon hold an X Spaces event to explain this matter.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

The Altcoin Bull Run: A Six-Year Slow-Cooked Rally

The altcoin market has been brewing for over six years. Could this be the most explosive bull run since 2017?Why This Altcoin Cycle Could Be the Biggest YetAre You Bullish Enough?

Coinomedia2025/03/06 06:55

XRP’s 2024 Breakout Mirrors 2017 Rally – Is a Major Surge Ahead?

XRP's 2024 breakout pattern resembles 2017's but is twice as large! Could this signal an explosive price rally ahead? Find out more.Comparing XRP’s 2024 and 2017 PatternsCould XRP See an Unprecedented Price Surge?

Coinomedia2025/03/06 06:55