Article: Busting Five Common Myths about Decentralized Storage

Cloud, Data, Decentralized Internet

Busting Five Common Myths about Decentralized Storage

Centralized cloud storage is data held in massive data centers run by a single organization that consumes large amounts of energy. Decentralized cloud storage encrypts data, breaks it up and distributes it for storage on drives that are run by different organizations in lots of different places,  each with a different power supply and network connection, creating something much less wasteful. There are no data centers, no storage oligopolies and no vendor lock-in.

At first blush, it sounds a bit crazy. How can that work? How can it be feasible? How can it even be real?

The good news is it is very real and very feasible today. Here is our take on the common misconceptions we hear every day about decentralized cloud storage and the facts to bust them.

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Article: The Promise of Decentralization

Blockchain, Decentralized Internet, Web 3.0

The Promise of Decentralization

The fundamental issue is that every full node has to be aware of every transaction ever made, and come to a global consensus about which one happened before which (called a “total linear order” in mathematics). This requires the network to constantly engage in a consensus process involving all the participants in the network. No matter how you design it, that will lead to a bottleneck.

But is global consensus truly necessary to avoid the double-spend problem? Can we create a decentralized network that is just as secure and byzantine-fault-tolerant, without creating this bottleneck? What if, instead of a “World Computer”, with transactions being akin to “time slices on a mainframe”, we instead had “personal computers”, all working in parallel, and occasionally sending each other messages?

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Article: Blockchain & Higher Education: How Are They Connected?

Academia, Blockchain, Innovation

Blockchain & Higher Education: How Are They Connected?

In the global shift of all kinds of educational institutions to virtual environments, new risks and challenges propagate. However, connecting blockchain systems to the way these schools manage students’ personal and financial data can be the solution the modern world needs.

Blockchain offers secure accreditation, collaboration, and data sharing on a decentralized platform that could accommodate students all over the world. At the same time, the use of these systems will give students a transparent look at the future of data communication, better preparing them for their own professional futures.

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Article: Open Access Fiber to Improve U.S. Internet Connectivity

Dark Fiber, Hardware, Open Source

Open Access Fiber to Improve U.S. Internet Connectivity

With Democratic control of the House, Senate, and White House and widespread support for an infrastructure bill, the United States has a narrow opportunity to catch up to the rest of the world on last-mile fiber deployment. Assuming that the Accessible, Affordable Internet for All Act will be the basis for any legislation included in the infrastructure bill, the act should be revised with open access infrastructure (including open conduit and dark fiber that are subject to government oversight) as its central tenet.

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Article: The Metaverse, Web3, and the Inevitability of NFTs

Crypto, Web 3.0

The Metaverse, Web3, and the Inevitability of NFTs

NFTs’ astronomic rise was the culmination of the initial innovation in 2017, the steadily established infrastructure of exchanges & wallets, and macro tailwinds.

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Article: 5 Disruptive DeFi Use-cases Every Investor Should Know About

Blockchain, Crypto, Decentralized Internet

5 Disruptive DeFi Use-cases Every Investor Should Know About

Below the sea of options, however, there is fertile land for opportunities. For this article, we’ve researched the most attractive, rising DeFi initiatives and compiled our top five to help you build them into your Web 3.0 radar. For each of them, we’ve also included the leading, top, or best company to represent its niche. We’re sure you’ll find something to fit your style of investment and risk preference here!

  1. Decentralized Banking
  2. DeFi and NFT All-In-One Integrations
  3. dApp Ecosystems with Decentralized Governance
  4. Financial Instruments that Take Advantage of Market Inefficiencies
  5. Risk Management and Insurance

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Article: Education Solutions Look to Implement Blockchain Technology

Academia, Blockchain

Education Solutions Look to Implement Blockchain Technology

As demand for online education grew, the technological capacity to facilitate this demand had grown as well. New innovations, methods and business model are constantly being implemented in the online education segment. In particular, blockchain technology could offer several significant solutions to this segment. For example, according to a report by Forbes, having a blockchain-based system to record the accreditation, track the changes over time, and enable the instantaneous verification of credentials and degrees would help increase transparency, and trust.

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Article: The Node: COVID-19 and the Need for Web 3.0

Web 3.0

The Node: COVID-19 and the Need for Web 3.0

One year ago, exactly, the World Health Organization declared COVID-19 to be a pandemic. Throughout the following 12 months of misery, misinformation and great societal change, the cryptocurrency industry has emerged to be fairly robust. The core stricture of decentralization – of money, of governance and of information – has been thoroughly vetted and found useful, if not, correct.

Societal change has been both small- and large-scale, from the acceleration of e-commerce and work from home to the loss of trust in experts and institutions. As we continue to adapt to this new world, whether permanent or temporary, crypto will play an increasingly important role.

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Robert Steele: Opening Message for Web 3.0 Informal Steering Group

Autonomous Internet, Civil Society, Collective Intelligence, Ethics, Web 3.0

https://web3-0.org/ is now operational. The webmaster is installing classic word press ( I hate block form), and then I will get to work loading stuff including videos and past posts crossed over from my web 3.0 collection at https://phibetaiota.net.

I got a lovely, brilliant interview with Luke Kenneth Casson Leighton today viewable here. The protocol that I use for BitChute, which does NOT come with easy to extract embed and link codes the way YouTube does, is to post the thumbnail jpeg with a link to the BitChute video. That gives folks direct access to description, embed code, full screen viewing, and link for sharing. BitChute’s CEO is a member of our group.

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Article: Web 3.0 Infrastructure Blockchain ‘The Graph’ Now Live on Ethereum

Software, Web 3.0

Web 3.0 Infrastructure Blockchain ‘The Graph’ Now Live on Ethereum

Analytics platform The Graph is now live on the Ethereum mainnet, according to the developer team. The project’s Thursday launch follows three years of work including a testnet and centralized mainnet.

The Graph seeks to create usable decentralized indexes and API feeds for blockchain-based projects through its own blockchain and native token GRT, project lead and co-founder Yaniv Tal said in a Zoom interview. The project is seeking to be a key infrastructural piece of Web 3.0.

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