The Dominance Of Technology Giants Over The Internet And The Use Of User Data For Unknown Purposes Has Painted A Bleak Future.

But during this turmoil, the emerging idea of ​​the great computer scientist Dr. Gavin Wood, Web 3.0, has revived hopes for a world without domination and control.

A dramatic change in the world of the Internet

The current Internet is considered a design failure; That’s why seven years ago, Dr. Gavin Wood, the founder of Polkadot and one of the founders of Ethereum, Introduced the concept of Web 3.0.

Web 3.0 can be considered the next important step in Internet technology.

Gavin Wood imagined the Internet without a due license was in the context of a democratic society governed and legislative authorities no centralized control technology giants on user data.

The idea of taking over a large part of users’ data in cyberspace, on the one hand, ​​Web 3.0 came about because big IT giants like Google, Facebook, and Amazon, use this information for their benefit (advertising). Targeted, selling users ‘personal information and directing public opinion) and, on the other hand, endanger users’ data security by storing metadata on their centralized servers.

Gavin Wood, in a podcast titled Third Generation Web and released in 2019, points out that:

Their users do not value social networks; Rather, the people’s data matters most.

Today, silicon startups raise their budgets and raise capital based on user data collection. Some platforms record almost everything you do.

Wood goes on to say:

This data can be used for targeted advertising, but on the other hand, this information can also use in cases such as a better understanding of the mechanism of the world. With this data, you can predict how people worldwide will think; Simultaneously, you will better understand the political changes. Admittedly, with such information, you can even expect things like election results.

What happens if Web 3.0 is ignored?

More than 4 billion people now use Web 2.0, or the current version of the Web. If the Web community ignores 3.0 and is still determined to be centralized, we risk ongoing corruption and eventual community failure.

Power brings corruption, and absolute power lays the groundwork for the complete breakdown. We have already seen such conditions in Maoist China and the communist Soviet Union. The Internet is not free of corruption either. The Internet is more endangered because none of us understand it technically.

For example, I can hardly adjust my WiFi, let alone understand the code that allows me to write words on the Internet. I even made the computer I use myself, but according to British scientist Arthur C. Clarke, the technology is still not recognizable by magic.

The third generation of the Web pursues these goals to combat hegemony and centralism:

• Open Networks: ‌ Digital currencies are made from open source software; So that developers can access the code and use their experience to develop the optimal version they want. Projects such as Binance Smart Chain and Classic Ethereum used the Ethereum programming language, open-source software.

• The Elimination of intermediaries ( without the need for Trust ):
• The Trust in intermediaries is invariable corrupting. The largest Internet intermediary of today, Google, once entered the world of technology with the slogan “Do not be evil” and won users’ Trust. Still, we must make sure that the rules and regulations work for us and not against us. When we see that searching for a single word for each of our friends leads to different results, it becomes difficult to accept this Google slogan. Google and Amazon are our current Internet mafia.

• No license required: Anyone can subscribe to Web 3.0. With Bitcoin, anyone can have their bank. With Ethereum, anyone can enjoy the rights to their artwork. Here the codes are the law. Everything in this system is accepted through a democratic process. It is the process by which members of the community vote in favor or against it. This process is what Softfork, Hardfork, Has created decentralized autonomous organizations (DAOs) and government tokens.

In the following, we will review three Web 3.0 projects that we consider to be attractive investment options.

Polkadot and Kusama

The most important project is supported by the non-profit Web 3.0 Foundation based in Switzerland (Polkadot). Polkadot has launched more than 350 software in less than a year, transformed China’s blockchain technology through parachutes, and made great efforts to promote pluralism and maximalism in the Chinese blockchain.

It must acknowledge that Polkadot is seriously involved in this field and should not be referred to as the “Ethereum killer”; All the network has to do is act as a tool for interacting with other digital projects and currencies.

The ultimate goal of Web 3.0 is to connect all people regardless of social status, political affiliation, or ideological beliefs. There is room for all kinds of attitudes on Web 3.0.

Any project that eventually runs on Polkadot must first be on (Kusama) to be tested. Kusama is a pre-production platform for Polkadot and is a unique project of its kind. Developers of digital currencies will test their applications using Kozama before running them on the leading network.

Ocean Protocol

Data collection never ends. But there are more ethical methods in this area that even allow the presence of technology giants.

Ocean Protocol was launched in 2017 based on Ethereum codes. Elimination of intermediaries, decentralized data storage, and artificial intelligence sharing service are some of the features of this network.

This project wants to play a role in data like Uni Swap Exchange and access the free data market for all individuals and businesses. McConaghy, the project’s creator, said last year in an interview with Quinn Desk about the importance of the Ocean Protocol:

Many people have tried to build markets based on data, But privacy issues have hindered their success. Ocean has overcome these obstacles by using China’s Blockchain technology to calculate and analyze data. So our goal is to open up the data economy by creating data markets and connecting buyers to sellers. These buyers and sellers can be individuals, families, small and large companies, cities, and even countries.

Computer Internet

If we want to refer to the project at the forefront of this field in terms of the goals and nature of Web 3.0, we must mention the Internet Computer.

Earlier this year, the PC Internet token entered the top 10 digital currencies in market value. It is a foundation project, Definity. It quickly became a popular name among investors and computer enthusiasts. The Internet of Things project now offers users a decentralized LinkedIn social network called LinkedUp and a version of the TickTock social network called CanCan.

However, the Internet of Things has several significant issues that need to be addressed.

 Some of these are on the popular YouTuber app Coin Bureau Examined include the following:

• You need an ID to work on this network. An identity that virtually all activities on this network depend on it. So if you lose your ID, your computer internet access will block forever.
• The Network Neural System (NNS) connects all computer Internet protocols. This system is a powerful and centralized reference that can make changes to the financial and economic mechanism of the ICP token.
• Most of the code used on the Internet is not open source. On the other hand, access to the computer blockchain is also licensed; Therefore, NNS is also a single point of failure in the network due to the mentioned features.
• Dominic Williams, the creator of the Internet Protocol (PC), said in an interview in 2018 that the project aims to comply with the laws of each country in which the network operates. The question now is how such a thing would be possible for a protocol that claims open and decentralized sovereignty?

According to some, the Internet of Things intends to replace the current version of the Web with a more centralized version. So it can conclude that this project is a flawed version of Web 3.0. Members of the digital currency community have been attracted to it only because of price fluctuations.

In the continuation of this article, we will review a part of the report of the creators of this network regarding the characteristics of the computer Internet:

As the new year approaches, nearly 1,000 nodes around the world are being operated as databases. Each node has the highest standards of performance and physical security. These nodes allow us to provide the processing capacity needed to run and implement PC Internet.

The above expression implies that specific and certified devices are required to operate as ICP 90; Thus, such a controlling and incorrect process is practically in conflict with the nature and goals of Web 3.0.

Conclusion

Web 3.0 or 2.0 has two options before us: first, a democratic future through Ghyrmtmrkzsazy and other monitoring and authoritarianism concentrated in the hands of a few.

To understand this authoritarianism, we must not look only at China as a supplier of digital yuan; Rather, to understand the nature behind the scenes, it is enough to pay attention to the fact that the Chinese Communist War can set a time for you and force you to spend this money. As horrible as this may sound, the Chinese people have given in to it because they have no other choice.

As Gavin Wood points out in his remarks, accepting Web 3.0 will not be quick and easy. Some governments are trying to outlaw digital currencies and replace them with more centralized options.

The keyword in this situation; is “effort.” Governments have not been able to rectify the current situation, and people like Gavin Wood do not trust them.

There is fierce competition in Web 3.0, and this confrontation is slowly coming to an end. It is not clear who will win this battle in the future.