VALLETTA, Malta, Nov. 11, 2025 (GLOBE NEWSWIRE) — Archivas announced the launch of its production-ready Layer-1 blockchain network powered by Proof-of-Space-and-Time (PoST), a consensus model that enables decentralized “farming” using unused disk storage instead of energy-intensive mining or capital-intensive staking. Participants, known as farmers, earn the network’s native token, $RCHV, by allocating available storage and contributing to network security and operations.
About Archivas:
Archivas is a next-generation Proof-of-Space-and-Time blockchain focused on sustainability, fairness, and open participation. By eliminating the need for expensive hardware or staked capital, Archivas enables everyday users, developers, and storage providers to participate in decentralized infrastructure.
What is Archivas?
Built from the ground up as a standalone blockchain, Archivas introduces a sustainable and highly efficient alternative to Proof-of-Work (PoW) and Proof-of-Stake (PoS). Rather than requiring GPUs, ASICs, or staked capital.
Archivas leverages two complementary mechanisms:
Proof-of-Space, where farmers create cryptographic plots that allocate storage.
Proof-of-Time, where Verifiable Delay Functions ensure fairness and verifiable sequential ordering.
The model draws inspiration from the Chia research standard while improving accessibility, simplicity, and developer readiness.
The network’s test environment, archivas-devnet-v4, has operated publicly for more than 25 days. During this period, the network processed over 64,000 blocks and 1,160 transactions, with active farmers contributing more than 55 GB of plotted storage capacity.
Network Specifications:
• Consensus: Proof-of-Space-and-Time (PoST)
• Native Token: $RCHV
• Block Reward: 20 RCHV
• Block Time: ~20–30 seconds
• Current Network: archivas-devnet-v4 (public testnet)
Archivas offers performance and usability benefits for multiple audiences:
For Users
• Fast block confirmations (~25 seconds)
• Low transaction fees (~0.001 RCHV)
• Ed25519 signature cryptography
• BIP39 mnemonic-based wallet recovery
For Developers
• Public RPC API: https://seed.archivas.ai
• TypeScript SDK with wallet and transaction support
• Open-source Explorer
• CORS-enabled for seamless dApp and web integration
For Farmers
• Permissionless participation — anyone with storage can join
• Energy-efficient farming — no GPUs or ASICs required
• Fair distribution — more storage equals more reward
• Predictable yield — fixed 20 RCHV per block
Current Network Metrics (Testnet)
- Block Height: 64,000+
- Total Supply: ~1,280,000 RCHV
- Active Farmers: 2 servers
- Plot Space: ~55 GB (7 k28 plots)
- Block Time: ~25 seconds
- Difficulty: 1,000,000+
- Transactions: 1,160+
Archivas also offers a complete open-source stack for developers, including core blockchain code, a TypeScript SDK, and a block explorer. Metrics and network insights are publicly accessible through its Grafana dashboard.
“With Archivas, anyone can farm from home, contribute to decentralization, and earn $RCHV by simply sharing storage space,” said the Archivas development team. “Our goal is to remove barriers to participation without sacrificing security or scalability.”
For Builders and Contributors:
Archivas offers a complete open-source stack for developers who want to build applications, wallets, and analytics tools:
• Core Blockchain: github.com/ArchivasNetwork/archivas
• TypeScript SDK: github.com/ArchivasNetwork/archivas-sdk
Public dashboards and metrics are also available at the Grafana node monitor: http://57.129.148.132:3001
As Archivas moves from public testnet into mainnet preparation, the project positions itself as one of the most accessible, developer-friendly, and energy-efficient Layer-1 blockchains available today.
Learn More / Media Contacts:
Website: https://archivas.ai
Email: info@archivas.ai
Docs: https://docs.archivas.ai
GitHub: https://github.com/ArchivasNetwork/
Explorer + RPC: https://seed.archivas.ai
Twitter/X: https://x.com/archivas
Telegram: https://t.me/ArchivasAI
Discord: https://discord.gg/archivas
MEDIA CONTACT
Contact Person: Anton Malinsky
Company: Archivas
Email: info@archivas.ai
Website: https://archivas.ai/
Disclaimer: This content is provided by Archivas. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/30ca97c6-7511-4998-a882-b2af09d90380
https://www.globenewswire.com/NewsRoom/AttachmentNg/30b61f5f-785b-4f97-be91-bcb34e8a5042
https://www.globenewswire.com/NewsRoom/AttachmentNg/606a57ab-ea84-42ae-a4a6-e35f0ab75f49
https://www.globenewswire.com/NewsRoom/AttachmentNg/a25200f6-e81c-4160-9ad6-35aa7931951a

