Article: Why Do We Urgently Need Web 3.0?

Censorship, Decentralized Internet, Deplatforming, Web 3.0

Why Do We Urgently Need Web 3.0?

It is safe to say that the World Wide Web has become an abomination in light of what its creator, Tim Berners-Lee, envisioned it as — a decentralized, open exchange of information. Now, it is riddled with choking points. However, the good news is that Bitcoin (BTC) has already demonstrated the case for decentralization. As a sovereign, leaderless, deflationary currency, the cryptocurrency is now widely in use as a hedge against inflation.

Bitcoin and other cryptocurrencies are able to counter centralized monetary power because they are decentralized and secured by blockchain. Can this technology be used to accomplish the same for the internet?

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Article: How DEXs Fuel the Development of the Decentralized Internet

Blockchain, Decentralized Internet, Web 3.0

How DEXs Fuel the Development of the Decentralized Internet

The evolution of decentralized exchanges is linked to the advancement of the whole blockchain industry and greatly affects the development of the decentralized internet. DEXs fuel the whole ecosystem of DeFi services that are now starting to include more decentralized applications, decentralizes SaaS, facilitate tokenization of assets and adoption of the P2P model.

Despite all these advancements, we’re still in the early stage of Web3 development and adoption. Users still encounter many obstacles: it’s hard to interact with the protocols from a phone and the desktop versions require additional software like wallet extensions.

There are also problems of scalability, cost of operations, user experience and security. But this is common for newly emerging technologies and mechanisms, especially the ones that bring economic and financial value.

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