The internet hit mainstream adoption roughly around 1994, and since the good old days of AOL dial up we’ve seen this entity encompass and grow pervasively through all of human life. The structures that make this entity that we know as the internet and the services that accompany it are all dependent on one another and are all built upon one another. We are now witnessing the unraveling of the web 3.0.
We’re going to take a look as to what is described as Web 1.0, Web 2.0 and Web 3.0. We will then examine the storage technology that are likely to form its backbone in the Web 3.0: DXchain. The technology that will decentralize storage as well as compute power.
The first iteration of the internet was quite a radical idea. Connecting every computer in the world in a worldwide network to allow computers and human beings to communicate with one another. For this to operate properly, all the data needs to be stored and indexed, hence modern day web browsers. This is the backbone of our modern day internet.
When we look at the second iteration of the internet, it then used this foundational resource and human networks in which company’s like Google or Facebook would then use to make an exhorbitant amount of profit and thereby create a lot of power for themselves. While they make our lives much better arguably, they also have become large centralized pockets of power and their accompanier’s egos have in a lot of way grown out of control such as through selling our data to organizations to the NSA or even what may seem trivial, to internet advertisers. This is our data and only we should be privy to it.
Even though the web today is a quite capable entity, we’re starting to run into scaling limitations since items such as hosting and processing power are all centralized as well. This is where DXchain comes into play, imagine a world were security, centralization, and scaling limitations are all issues that can be resolved in one fell swoop. Welcome to the Web 3.0 and DXchain is the driving power behind this.
It simply follows the trend of web 2.0, instead of accessing a central entity, it will use decentralized individual nodes to carry out every internet transaction/interaction and not require one central point of congregation.
For example, SSL certificates are centrally issued. Because there isn’t a single entity for sending traffic, the way in which they connect can be done dynamically which will allow the most efficient means possible of routing, which will cut down on congestion.
One fantastic example of this is bittorent, whilst it’s notorious for pirating internet content, it’s an example of how a p2p network is unstoppable by any central authority, not even the most powerful government entities in the world can stop this tour-de force, imagine this being implemented for financial systems? We are witnessing the democratization of every service and resource on this planet for the first time in human history.
Ref link https://t.me/DxChainBot?start=zxxpqe-zxxpqe
and DxChain’s website https://www.dxchain.com/