[Cultura Digital] WEB 3.0 Volume 4 | Decentralization

[Cultura Digital] WEB 3.0 Volume 4 | Decentralization

What was the original purpose of the Internet? This is certainly not the greedy exploitation of the few, and we have come to realize that this old model is unsustainable for society and the planet.


[20.05.2022]


Every Alexandre AdolioChief Marketing Officer sonica and digital entrepreneurs.
Write every two weeks
digital culture For SC Inova

Note: Nothing in this article is investment advice, this content is for educational purposes only and expresses the views of the author. Always do your own research on any type of financial investment.

Ever since our ancestors came down from the tree, we started to unite to the detriment of common goals. As a group, we adopted collectives as a model of social coexistence through leadership and centralized decision-making.

However, in the early days of what we now call the “Internet” of technology, the simple idea of ​​centralizing something aroused revulsion.Conceptual bases that lead to liking Tim Berners-Lee It is precisely in terms of access and ownership that the possibility of maximizing the democratization of information is considered to be committed to this development.

In fact, this goes back to the original philosophy behind the Internet, which was created to decentralize U.S. communications during the Cold War to make them less vulnerable to attack.So much so that in the beginning, online tools were free to use without sharing data, such as BBS technology for online chat and torrent It connects countless machines and makes files available for download on the network.

After the first period of academic freedom came tech entrepreneurs (many of them funded by the US government) who worked hard to develop the tools to make the internet ubiquitous around the world, first email services, then browsers, apps and other online features. Appears here big fucking tech corpsmoves trillions of dollars these days and dictates the rules of how we should think, interact, win and lose.

Let’s take a social media platform as an example, your data (all photos, messages, etc.) is kept on a centralized server proprietary to the platform provider. They control access to this information, which means if they use your data for something you don’t approve of, you’ll never know. The same goes for banks and our current monetary system. It is a centralized system where decisions are made by a few institutions.

The flow of life, an epidemic that brings everyone to their knees and dismays at this pattern of subordinating the many to the will of the few, is a legacy of an industrial revolution that has greatly benefited humanity, but when it produced such movement, which no longer seems to make sense as big resignationwhich has caused millions of people to quit their jobs in search of a new mode of survival.

Designed for the Web 3.0 paradigm shift. / Source: 101 Blockchain

Now, with the advent of blockchain technology, information is shared on-chain and stored in a decentralized public ledger that records the state of any type of information. This can be a cash transaction or any other form of information that changes state over time. The blockchain is maintained on multiple computers connected in an open or closed peer-to-peer network that anyone can join. It also means that anyone can write (and read) information on the blockchain.

To ensure that new information recorded is correct and not corrupted, and that old entries are not altered or manipulated, consensus mechanisms make blockchain networks too expensive to corrupt.The most commonly used consensus mechanism is proof of work (for validating Bitcoin) and Proof of Stake (e.g. for validating Solana). This entire process is often referred to simply as “protecting the network.”

Thanks to this emerging technology in recent years, it has become possible to develop applications that do not need to be stored in a single location, that is, we can develop software, instead of distributing its files on a single server, we can divide it into parts. in several places, Decentralized application.

It is a common practice that the user of the software is also its owner, that is, you can use it without providing your personal data, and in addition, you can make money from the performance of the tool through automated mechanisms (smart contract) for community governance and engagement through tokens (NFTs, operations, engagement, social, etc.).

Dapps, the new technology of network decentralization.

Peer-to-Peer | Peer-to-Peer Technology

Today, when we visit the web, our computers use the HTTP protocol in the form of URLs to find information stored in a fixed location, usually on a single server. In contrast, with Dapps, you find information based on its content, which means it can be stored in multiple places at the same time. Therefore, this form of networking also involves all the computers that provide and access services, known as peer-to-peer connections.

Such a system would allow us to break into the vast databases (hence the decentralized web) currently maintained centrally by internet companies rather than users. In principle, this would also better protect users from private and government surveillance, as data would no longer be easily stored for third-party access.

Technologies to support such activities are in full swing, such as Cos.tv, the first video platform powered by the Contentos blockchain, where you can watch videos, share content and get rewarded in COS tokens/currency, This is a great decentralized alternative to You Tube, which sometimes blocks relevant content due to opaque usage policies. Zeronet is an alternative to existing networks in which websites are hosted by a network of participating computers rather than a central server, and are protected by the same encryption as Bitcoin.

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Decentralized systems tend to have more open access to information and, most importantly, not be tied to one entity. This is critical when bad actors come to power because they will never control an entire system by controlling just one entity. By the same logic, decentralized structures are harder to tear down because there is no single point of failure.

The disadvantage of decentralized systems is that it is difficult to coordinate processes to reach consensus on decisions, as responsibility is distributed to all participants in a given network.

No license

Web 3.0 does not require “permission”, which means that a central authority does not decide who accesses which services, nor “trust”, which means that virtual transactions between two or more parties require no intermediaries. Since these agencies and intermediaries are responsible for most of the data collection, Web 3.0 is technically better at protecting user privacy. This means that instead of accessing the internet through services provided by companies like Google, Apple or Facebook, consumers own and manage the parts and apps they use.

A powerful concept, explored recently in the event of the same name in Florida (USA), with a somewhat liberal economic nature, but technically exploring the latest technologies in the field, especially the DeFi we have already mentioned, consolidating How decentralization benefits society. Some of these are available here.

It is at this point that we begin to understand The real impact of Web 3.0 on the lives of millions, seeking the true original purpose of the Internet through the unlimited sharing of information, the valorization of individuals, the equal distribution of outcomes, the democratization of access, and primarily freedom of speech. It’s not about entrepreneurs making money from their online businesses, it’s about the greedy exploitation of the few rather than the many, and we’ve come to realize that this old model of action is unsustainable for us, society and the planet.

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