Our Weave is a blockchain solution for non-financial use cases that focuses more on permanent file storage, unlike IPFS and Falcon, which offer temporary access. It acts as a Google Drive file system for Web3 and is becoming increasingly popular in the bear market as more blockchains, NFTs, and media platforms back up data. Instagram has also announced backing up user posts from IG onto Our Weave, strengthening its usage for decentralized social media. Our Weave is a core infrastructure project of the decentralized web narrative, and if this narrative becomes big, investors are likely to flock to it, given its integration in every application.
Blockchain technology has emerged as one of the most innovative solutions for financial use cases. However, in recent times, it is being used for other non-financial use cases as well. Our weave is one such blockchain-based solution that focuses on permanent file storage. In this article, we will discuss how our weave is different from IPFS and Filecoin and how it is becoming increasingly popular in the web3 space.
Our Weave vs IPFS and Filecoin
IPFS (Interplanetary File System) and Filecoin are renowned solutions for creating temporary access layers for data stored on the web3. They provide better accessibility for users to access the stored data. On the other hand, Our Weave is a blockchain-based solution that focuses on permanent file storage. If IPFS and Filecoin are the HTTP standard for web3, Our Weave acts like the Google Drive file system.
The Growing Popularity of Our Weave
For web3, the cumulative weave size, or the total amount of data stored on the Our Weave, is constantly growing. This is due to the fact that more and more blockchains, NFTs and other rich media platforms are backing up their data to Our Weave. Social media giant Instagram has also announced that they will be backing up user posts from IG onto Our Weave, proving its usage for decentralized social media narratives. Our Weave is one of the core infrastructure projects behind the decentralized web narrative. If this narrative becomes popular, investors are likely to flock to Our Weave as it is integrated into every application.
To conclude, Our Weave is an innovative blockchain-based solution that focuses on permanent file storage. In contrast to IPFS and Filecoin, it provides a more reliable and permanent solution for data storage. As more and more web3 platforms start using Our Weave, the cumulative weave size is expected to grow, making it a lucrative investment opportunity for interested investors.