At blockchain data storage company Arweave (AR), the founder’s accusation of “greedy” to the developer team had a negative impact on the token price.
Network fork and network fork between Arweave and developer company Irys, which previously had a partnership with social media giant Meta token supply There was a difference of opinion that involved resetting. Founder of Arweave Samec Williams Social media dated 18 December in your postIrys plans to hard fork the network and this What you want to do in your own way he stated.
Williams forks Irys’ Arweave, the 4th largest file-sharing blockchain network through 2 different reasons He doesn’t want to.
According to Williams, Irys is the platform’s greed over long term benefit is motivated by. Irys’s platform health And from its integrity Williams implied that he wanted to fork by considering his personal interests first. it is unethical argues.
The founder also stated that action should be taken in the longer term and in order to maintain trust. resetting the token supply, delete past user data And gain financial advantage aims not to.
The founder of this situation will cause great harm to the community and emphasized that it would damage the trust structure that has been built so far:
Irys is considering forking Arweave. They plan to abandon the dataset and reset the token supply. This appears to be a ruse driven by greed, as users trust Irys to upload to Arweave.
The network has a built-in mechanism called protocol evolution that provides a safe way to fork and upgrade the network. They ignore this.
In the Arweave protocol, a new chain can be created by following a different path for the development of the network. However, the newly created network retains all data and the existing token supply. In this way, data always remains safe.
However, since what Irys wants to do is against the normal protocol of the network, the founder sternly opposes it. It is claimed that Irys does not want to give tokens to some developers for the newly produced network and the newly issued token. He describes this as founder’s greed.
About subject in the statement The Irys front located in what Williams said There is a deep irony he stated.
While the company states that they will consult with the community on every step they take, they still less censorship And more decentralization He argued that old data should be eliminated to:
There is a tragic irony in Sam’s actions. For someone dedicated to developing technology to protect humanity from tyrants, it is very disappointing to see him act this way and attempt to de-platform Irys from Arweave, which is intended to be open source and permissionless software. Irys has never and will not take away users’ right to choose where their data is stored. Providing unrestricted access to persistent data for its users is at the core of what Irys does. We remain committed to censorship-resistant, open source and permission-free technology.
According to CoinGecko data, the native token of the platform, AR, which was badly affected by the recent developments, has increased in the last 24 hours. 14% losing value $9.86 from level for $8.51 declined. AR while writing from $8.99 is being traded.