Polygon Adds Permanent Data Storage With Arweave Integration

Arweave’s permanent storage is now available on Polygon, allowing our users to pay for data uploads with the native $MATIC token and opening new possibilities for smart contracts on the permaweb. 

Developers can make decentralized storage available natively inside Polygon apps via Arweave’s Bundlr Network. The next step is bringing this capability directly to end-users by integrating it into all of the wallets in the Polygon ecosystem. To speed things along, Arweave, Polygon and Bundlr are jointly offering a $9,000 developer grant to build these features. 

The recent explosion of activity around decentralized finance and non-fungible tokens on Ethereum resulted in network congestion and exorbitant transaction costs. Polygon's low transaction fees and a broad range of scaling options have gotten noticed. The number of decentralized applications building on Polygon grew 100-fold in the past year to 3,000 as of October, according to Alchemy

Also read: Why Web3 Developers Are Choosing Polygon Over Other Solutions

The frenzy of digital art collecting has also raised questions around long-term data storage: how can we ensure that the assets associated with NFTs are never lost? Arweave’s answer is a scalable, endowment-backed storage, available forever, for a single fee. The network saw its transaction volume skyrocket in recent months and is on track to process 15 times as many data uploads in November as it did in August.

Beyond NFT projects, this integration makes Polygon’s smart contracts readily available for developers building on the permaweb -- a decentralized web of permanent web apps, exposed by the Arweave network to browsers. With everything from fully-decentralized social media applications to a community-owned metaverse, the scope of applications buildable on Polygon just massively expanded.

Traditional centralized data storage is the cornerstone of Web 2.0 and a huge industry. A number of projects including FileCoin, Storj and Sia have sprung up to develop a crypto-native pay-as-you-go storage alternative. What sets Arweave apart is that its users pay a one-time upfront fee to store the data in perpetuity, a feat made possible with a new economic model that incentivizes miners to replicate data and blockchain innovations such as Blockweave and Proof of Access.

We invite the developers to check out the grant to build these features. Click here to find out about the technology that powers Arweave and learn how Bundlr Network works here. Keep up with the latest news on Polygon Developers twitter channel, take a deep dive into the available blockchain technology resources or say hi on Discord

Be a part of our social ecosystem!

Website | Twitter | Ecosystem Twitter | Developer Twitter | Enterprise Twitter | Studios Twitter | Telegram | Reddit | Discord| Instagram | Facebook | LinkedIn

More from the Polygon Blog
Data Availability is Not Data Storage

Recall this grade school experience: you raise your hand and ask, “Can I go to the bathroom?” To which your teacher responds with “I don’t know. Can you?” Might seem far fetched, but this is a perfect entry point to understanding the difference between data availability and data storage. Let's bring this analogy close to […]

Read More
The Future is Now for Ethereum Scaling: Introducing Polygon zkEVM

We all know that Ethereum needs to scale, and we at Polygon believe that zero-knowledge (ZK) tech is the most promising pathway to get there. But that path has often seemed as if it would be long and winding. The conventional wisdom has been that the crypto space would need many years to develop Layer […]

Read More
Polygon Reaches First Sustainability Milestone by Achieving Network Carbon Neutrality

Polygon has made a major first step toward becoming carbon negative with the retirement of $400,000 in carbon credits representing 104,794 tonnes of greenhouse gasses, or the entirety of the network’s CO2 debt since inception.  The milestone comes after Polygon in mid-April released its Green Manifesto, part of its broader vision for sustainable development. The […]

Read More
Polygon Avail Launches on Testnet to Turn Monolithic Chains Modular

If we want the entire world to join Web3, blockchains will need to handle more transactions. Monolithic blockchains can’t scale because they’re asked to perform too many tasks (execution, settlement, and data availability) at once. But if chains were able to focus on just one part of the stack at a time, the entire ecosystem […]

Read More
Polygon Leads $25 Million Fund For Web3 Venture Studio SuperLayer

Polygon is pleased to reveal that it has led a $25 million funding round for Web3 venture studio SuperLayer. This partnership and funding will help spread SuperLayer’s vision of accelerating the most promising Web3 platforms and projects. SuperLayer is led by managing partners Kevin Chou and Mahesh Vellanki, both founders of multiple leading Web3 companies, […]

Read More
Polygon zkEVM Within Vitalik’s Framework: Gaining Clarity and Looking Ahead

The Ethereum community has recently seen a flurry of zkEVM (zero-knowledge Ethereum Virtual Machine) announcements, including the unveiling of Polygon zkEVM. Given how new these technologies are and how many different approaches are being tried, it comes as no surprise that there has also been a lively debate around key concepts and terminology. What is […]

Read More
Polygon is Coming to ETHMexico With Blu3house #onPolygon 

Polygon is coming to Latin America as a presenter-tier sponsor of ETHMexico.  The annual gathering of Ethereum's brightest minds organized by ETHGlobal will be held on Aug. 19 - 21 in Mexico City. In preparation for the 36-hour-long hackathon, Polygon will host and mentor 25 top women builders in Web3 at our Blu3house #onPolygon. These […]

Read More
crossmenuchevron-down-circle