ChainCatcher news, according to The Block, on-chain data developer Irys has completed a total of $8.9 million in financing, led by Lemniscap, with participation from Framework, Primitive Ventures, Hypersphere, Permanent Ventures, and others.It is reported that Irys has expanded its services beyond bundled transactions to improve storage throughput for developing scalable on-chain data. Additionally, the platform is building infrastructure to track and verify data to combat digital misinformation.According to the Web3 asset data platform RootData, Irys is an origin layer that enables users to expand permanent data and accurately attribute its source. By tracking and verifying the origin of data, Irys paves the way for accountability in all information. The origin layer acts as a distributed ledger for digital information, tracking the origin and modifications of data.

ChainCatcher message, Arweave ecological storage solution Irys (formerly Bundlr Network) responded to Arweave founder Sam's tweet stating, "Sam acts like a tyrant and tries to strip Irys from Arweave, which is truly disappointing, as Arweave should be open-source and permissionless software. Irys has never and will never deprive users of their choice of data storage location. Creating unrestricted permanent data access for users is at the core of Irys's mission. We are always committed to anti-censorship, open-source, and permissionless technology. If users have difficulty retrieving data due to the active censorship of http://arweave.net, they can point their applications to the hosted gateway http://gateway.irys.xyz."Additionally, Irys stated that it is considering launching a large number of new features.

ChainCatcher message, Arweave founder Sam cited a reliable source on Twitter stating that the Arweave ecological storage solution Irys (formerly Bundlr Network) is planning to fork Arweave, will no longer maintain datasets, reset token supply, and ignore the protocol evolution mechanism. The ar.io network plans to remove Irys bundlers from the trusted settings of the Arweave main gateway, which will lead to significant delays before user data becomes available. Sam will open an X Space to discuss this event.Sam believes that for a permanent storage network, forking should be done by preserving and building state, rather than destroying state, as this will only lead to the inability to achieve permanence of information, with all data being periodically discarded. Sam thinks that the only reason for the Irys fork could be greed. Currently, with the support of the ar.io network, Forward Research is running a free Arweave bundler service, which will continue to be provided after user migration. Users who wish to use the free Arweave bundler service only need to change the Irys node URL in the code to https://up.arweave.net.

ChainCatcher news, the Arweave ecosystem Web3 storage solution Bundlr Network has announced its rebranding to Irys.The announcement states that Bundlr Network has completed over 1 billion transactions, fully demonstrating the value of a scalable and permanent on-chain data solution. In the future, Irys will be a fair and trustworthy ledger, with data that carries attributes proving its credibility.