What is Web 3.0 or Third Generation of the Internet?
Web 3.0 or the third era of the Internet is a basic term with a considerably more confused significance, which is the reason the basic inquiry of "What is Web 3.0" may find you many distinctive solutions.
One of the greatest challenges in nailing down a definition or metric for assessing Web 3.0 is the absence of an unmistakable, particular definition for it, particularly contrasted with what we definitely think about Web 2.0.
A great many people, for the most part, have some thought that Web 2.0 is an intuitive and social web encouraging cooperation between individuals. This is unmistakable from the early, unique condition of the (Web 1.0) which was a static data dump where individuals read sites yet once in a while interfaced with them.
In the event that we distill the embodiment of progress between Web 1.0 and Web 2.0, we can determine an answer. Web 3.0 is the following central change both in how sites are made, its structure and all the more imperatively, how individuals interface with them.
Let's Get a Bit Deeper
Present day Internet requires various intermediaries to permit correspondence and substance conveyance. These delegates manage the standards of the exchanges, content conveyance, and information stockpiling. The present engineering of the web is unified and has set power in the hands of a couple of behemoth associations. These associations once in a while don't work with the correct morals and cut clients off according to their very own prudence.
The following jump in the web innovation will be towards an open system which is free from delegates and is possessed and kept running by the network. Decentralized (Web 3.0) is claimed and worked by dispersed PCs comprehensively enabling clients to get to open and verify content on the web.
Blockchain innovation has made ready for the decentralized biological community to exist. Bitcoin changed the installment space by enabling individuals to execute without the requirement for trusted outsiders while Ethereum permitted decentralized figuring conceivable. Current headway in innovations have opened up conceivable outcomes to permit decentralized capacity and sharing of
data without mediators and guards.
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| Centralized vs Decentralized Web |
The present web administrations depend on unified servers making conditions on specific associations opening up potential outcomes of restrictions, refusal of administration or single purpose of disappointments on the off chance that anything turns out badly.
A decentralized network of the web depends on shared correspondence arrangement which runs and is possessed by the community itself. Decentralized Web (Web 3.0) is fueled by a great number of gadgets conveyed internationally instead of a couple of colossal servers claimed by a bunch of associations. The disseminated engineering of Web 3.0 makes it increasingly hearty, relieving the conceivable outcomes of disavowal of administration in occasions, for example, DDoS assaults.
Blockchain convention enables the distributed exchange without the requirement for incorporated experts or go-betweens to regulate the exchanges. The ability for distributed exchanges permits advancements which permit decentralized data sharing and reward structure.
A report by MIT computerized cash activity by Narula and Barabas(2018) indicated out some key components be considered so as to make decentralized web standard:
- Usability - Technical probability won't be adequate to move clients from the present framework. Getting to decentralized web must be easy to use to empower mass appropriation among clients. Besides, it is fundamental to have lower obstructions to section for the engineers by utilizing existing structures and programming dialects to fabricate sites in Web 3.0
- Impetuses - Hosting and keeping up the system requires right motivating force structure set up to reward network to have and disperse content in the decentralized web.
OpenWeb Network
OpenWeb Network combines blockchain technology and distributed hosting to create a peer to peer version of the internet which is free from intermediaries. OpenWeb Network will not only revolutionize the hosting industry but create an inclusive internet where everyone can participate and contribute to the network. OpenWeb Network is built keeping in mind the essential factors required for successful implementation and adoption of decentralized hosting and peer to peer version of the internet. These factors include:
1. Decentralization - OpenWeb Network is decentralized and operates through Ethereum based smart contracts. All the key features related to managing and operating decentralized internet are secured cryptographically on the blockchain. These features include domain registration and renewal, host registration, website publishing, and incentivization.
2. Incentivization - OpenWeb Network uses blockchain to create a positive incentive structure for the community members supporting the OpenWeb Network infrastructure. Having an incentive structure will promote more hosts to join the network, making the network robust and reliable.
3. User-friendly - OpenWeb Network is compatible with existing browsers and allows users to access the websites on the network without the need for specialized applications. To access OpenWeb Network, users just need to add OpenWeb Network plugin in their browser. Being an open source project, OpenWeb Network opens up possibilities for anyone to develop plugins or browsers compatible with the network to provide seamless web access to the decentralized internet.
4. Developer friendly - The existing platform for decentralized infrastructure require developers to learn specialized programming languages thereby creating a shortfall of talent supply to work in the ecosystem(Castillo, 2017). To mitigate this issue, it is imperative to use the existing programming languages to built websites on the decentralized version of the internet. This will diminish the learning curve for the developers and allow them to move websites to the OpenWeb Network without making significant changes to the existing codebase.
5. Robust - OpenWeb Network is robust and can be powered by hundreds of distributed devices sharing the computing resources. The peer to peer architecture of the network makes it robust and reduces the possibilities of network failure as compared to a client-server architecture where a server failure can adversely affect the quality of service.
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