Arweave Unveils Major Upgrade with Launch of Next-Gen Decentralized Platform

Arweave has officially launched the mainnet for its new computing platform, AO, marking a key milestone after a year-long testnet phase.

With the mainnet now live, the platform’s native AO tokens can be transferred, and its decentralized computing capabilities are set to expand.

AO is designed as a “hyperparallel computer,” enabling distributed, parallel processing for various applications. By utilizing Arweave’s persistent data storage, AO ensures that data remains immutable and accessible, which is essential for its on-chain computations. This approach leverages Arweave’s decentralized infrastructure to scale AO’s shared ledger, ensuring the long-term stability and integrity of its computations.

The launch of AO is not only significant for decentralized computing but is also expected to drive increased demand for Arweave’s storage solutions. The platform will facilitate next-generation decentralized applications (dApps), including autonomous AI agents. The launch also introduces the AO token, which has a fixed supply of 21 million, following the same scarcity model as Bitcoin.

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In line with its fair distribution model, the project will allocate 36% of the AO tokens to AR token holders, with the remaining 64% reserved for economic incentives and user growth, such as rewards for bridging assets to the platform or depositing tokens like DAI and stETH into the AO ecosystem.

Source

Kosta Gushterov