Article: Is a new decentralized internet, or Web 3.0, possible?

Cloud, Data, Decentralized Internet, Open Source, Web 3.0

Is a new decentralized internet, or Web 3.0, possible?

The next level may be an actual merger of the existing internet protocol (TCP/IP) with blockchain technology . The result would be an internet capable of carrying not only packets of data but also services in a decentralized manner. This “merger” would foster a more open, resilient and plural internet that is capable of natively offering essential services such as information search, decentralized domain name management, digital identity, electronic messaging, data storage, computing power (artificial intelligence), confidentiality, traceability and electronic signature.

These services have become universal resources of the internet and, as such, should be natively provided by the network and managed as commons.

Read full article

Article: The Hitchhiker’s Guide to Web 3.0

Data, Decentralized Internet, Web 3.0

The Hitchhiker’s Guide to Web 3.0

Decentralized networks are trustless – the participants involved do not need to know or trust each other or a 3rd party for the system to function. Due to the client-server relationship, Web 2.0 applications are reliant on centralized servers/services, which means users must inherently trust this central authority (person or entity that owns/operates the servers).

In a decentralized p2p network, there is no central authority. Users are the owners and operators of their data, and trust resides with the software itself (rather than the operators).

Decentralized networks are more secure. It’s in the name: peer-to-peer. Data is directly uploaded from one peer and downloaded by the other without using a middle man (central server).

Read full article

Article: Decentralized cloud storage: What you need to know

Cloud, Data, Decentralized Internet

Decentralized cloud storage: What you need to know

One benefit of decentralized cloud storage is reliability. Traditional cloud storage stores data within a single provider’s data center. If a natural disaster or cyberattack causes problems in that data center, users could lose their data. Even in a less catastrophic situation, a data center outage would prevent customers from accessing their data. While the big cloud storage providers offer their customers the option to replicate data to centers in other regions, this practice can get expensive, so not everyone takes advantage of it.

Decentralized cloud storage scatters data across multiple cloud storage devices in a variety of places. This process helps to insulate the data against center-level failures.

Read full article

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?

Read full article

Article: Money Reimagined: NFTs Can Help Create a New Internet

Crypto, Decentralized Internet, Digital Content, Web 3.0

Money Reimagined: NFTs Can Help Create a New Internet

In establishing digital scarcity via one-of-a-kind tokens, and in holding out the promise of peer-to-peer digital media exchanges, NFTs hint at new approaches for media companies and brands to engage directly with their audiences without the intermediation of the platforms.

NFTs pose their own ownership issues. Many buyers are discovering they don’t really own the art or content to which they are attached.

And, as Khloe Kardashian’s bikini photo saga shows, it’s very hard to stop the replication of content, especially when it’s going viral. NFTs can’t physically stop or control the copying of digital content.

However, we can establish standards assuring that special rights to NFT-associated content are not controlled by a separate custodial platform but are assigned to the token owner and  cryptographically bundled with the token itself so they can be easily transferred to the buyer with each downstream sale.

Read full article

Article: Crowdsourcing for the Evolution of a Decentralized Web

Decentralized Internet, Web 3.0

Crowdsourcing for the Evolution of a Decentralized Web

This article summarises the development of the internet to the current scenario where so many interactions are dominated by dealing with global tech giants. As data has become a more and more valuable commodity, those giants are fuelling a roaring trade using our personal data, with far reaching implications of more than simply what we buy but also matters such as what news we are fed, how we seek relationships, and vote. An evolving Web 3.0 based on blockchain technology provides an opportunity for individuals to take back decentralized ownership and control of their data.

Read full article

Article: The Time Is Ripe For Companies To Adopt Decentralized Cloud Storage

Cloud, Data, Decentralized Internet

The Time Is Ripe For Companies To Adopt Decentralized Cloud Storage

In a normal cloud storage method, all company and employee information are gathered and stored in large data centers, which often falls victim to downtime and outages when the facilities go offline. But decentralized cloud storage is free of these hurdles. Here, companies get to experience a large, distributed network comprised of thousands of nodes across the globe that are independently owned and operated which store data on the organizations’ behalf.

  • Easy file transfer across vast distances
  • A good place for private data
  • Can be quickly downloaded with blockchain

Read full article

Article: IPFS may be the future of file hosting and content delivery

Data, Decentralized Internet

IPFS may be the future of file hosting and content delivery

The peer-to-peer (P2P) hypermedia protocol, IPFS, is slowly growing into a legitimate alternative to conventional file and site hosting. A key feature of IPFS is its scalability. The IPFS architecture is designed to handle “load balancing, de-duplication, caching, and high availability.” Any computer can act as a server (node), and it elegantly leverages peer nodes to create a distributed content delivery network (CDN) as demand increases. Additionally, the IPFS Gateway and DNS support by Cloudflare removes any remaining concerns one might have regarding delivery, performance, and domain name usage.

Read full article

Article: FileCoin: Decentralized Cloud Storage Competitor To AWS, Microsoft Azure, And Google Cloud

Decentralized Internet, Web 3.0

FileCoin: Decentralized Cloud Storage Competitor To AWS, Microsoft Azure, And Google Cloud

Worldwide cloud data storage is increasing at a dizzying pace. Some of today’s most valuable companies are getting rich off of their high margin cloud computing units such as Amazon’s AWS, Microsoft’s Azure, and Google Cloud. Protocol Labs IPFS which allows cryptographic hashing and the scaling of level 2 blockchain protocols, along with the dApps that sit on top of them, are likely to grow exponentially over the next decade. Additionally, users from around the globe will look to and for a Web3 cloud storage solution that can safely, cheaply, and reliably store their data. FileCoin and IPFS are likely to be the go to solution for Web3 data storage and retrieval going forward thanks to the many early adopters who use FileCoin and to the opensource platform that allows developers to integrate applications and innovate with the protocol.

Read full article

Article: CrossFi, Filecoin, IPFS, and Kava are Pushing the Boundaries of DeFi

Blockchain, Data, Decentralized Internet, Software

CrossFi, Filecoin, IPFS, and Kava are Pushing the Boundaries of DeFi

As capital and ideas continue to flow into DeFi, there is a growing movement of motivated people looking to create sustainable and ethical business models on this new technology. During the current period of building and experimentation, especially, encouraging participation is an important part in testing the robustness of ideas and infrastructure. For the leaders in distributed data storage, IPFS, and Filecoin, allowing users more flexibility in how they contribute to growing the network by supporting CrossFi as a liquidity provider, makes participation in the network increasingly attractive for new users. Along with support from Kava, this joint innovation actively pushes the boundaries of DeFi and opens up new possibilities for innovation.

Read full article