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Bundlr is building the future of data storage by bringing the speed and ease of web2 to web3 technology. Read More
Bundlr is building the future of data storage by bringing the speed and ease of web2 to web3 technology. Bundlr proposes a decentralized storage scaling platform, powered by Arweave. Bundlr makes it easy for developers and businesses to store their data permanently, for just a one-time fee.Bundlr Network comprises nodes, which are used to bundle multiple layer 2 transactions into a single Arweave (layer 1) transaction. Each will periodically submit these bundles to the main Arweave network. Once a user submits a valid transaction to a bundler, they receive a receipt which acts as a financial commitment that the data will be seeded on layer 1 within an n number of blocks (where n is defined in the receipt). Seeding is handled automatically by Bundlr. Validators ensure data is uploaded correctly, by the block cutoff period defined in the receipt.$BNDLR is the token used on Bundlr in order to:Provide node incentivesFacilitating network governanceBundlr allows anyone to stake $BNDLR.