Archway is a Layer 1 (L1) blockchain that aims to solve the problem of developer incentives by rewarding developers for building on the network. The protocol does this by baking incentives into the network's tokenomics, which means that developers are rewarded with tokens for creating and running applications on Archway. This creates a flywheel effect where more developers are attracted to the network because of the potential to earn rewards, which in turn leads to more applications being built and more value being created for the network.
Archway is built on the Cosmos SDK, which is a modular blockchain framework that makes it easy to develop and deploy applications. The network also uses Tendermint for consensus, which is a Byzantine Fault Tolerant (BFT) consensus mechanism that is known for its scalability and performance.