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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.

In the following article from a website, Yardkoch discusses the, we will position of Web 3.0 in the future of the Internet and the importance of investing in this field.

A dramatic change in the world of the Internet

The current Internet is considered a design failure; So seven years ago Gavin Wood, founder of doctor Polkadot and one of the founders of Etherum, raised the concept of Web 3.0.

Gavin Wood imagine 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 is not it.

The idea of ​​Web 3.0 came about because big IT giants like Google, Facebook, and Amazon, by taking over a large part of users’ data in cyberspace, on the one hand, 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.

Wynwood, in a podcast titled Third Generation Web, released in 2019, points out that:

In fact, social networks valued by their users are not ; Rather, it is the data of the people that 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 be used in cases such as a better understanding of the mechanism of the world. With this data, you can predict how people around the world will think ; At the same time, you will be able to better understand the political changes in a country. Admittedly, with such information, you can even predict 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 run the risk of ongoing corruption and eventual community failure.

Power brings corruption, and absolute power lays the groundwork for absolute corruption. We have already seen such conditions in Maoist China and the communist Soviet Union. The Internet is free of corruption not 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 made from open source software are; 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 Atrium Atrium Classic have used the programming language, which is open-source software.
• Elimination of intermediaries ( without the need for trust ): Trust in intermediaries is always corrupt. The largest Internet intermediary of today, Google, once entered the world of technology with the slogan “Do not be evil” and won the trust of users; But 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. Atrium, anyone can enjoy the rights to their artwork. Here the codes are the law. Everything in this system is accepted through a democratic process. The process by which members of the community vote in favor or against. This process is what has created Softfork, Hardfork, 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 Kazama

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

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

Any project that ultimately decides on executive Pvlkadat must first on Kvzama (Kusama) to be tested. Kazama is a pre-production platform for Polkadot and is a unique project of its kind. Developers of digital currencies will be able to test their applications using Kozama before running them on the main 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 Atrium codes. The exclusion of intermediaries, decentralized data storehouse, and artificial intelligence sharing service are some of the features of this network.

This project wants to like Exchange Uni Swap to play a role in the field of data and provide access to 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:

In the past, 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 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 Web

If we want to refer to the project that is 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 token was PC Internet able to enter the top 10 digital currencies in terms of market value. The Foundation project Definiti 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 major issues that need to be addressed. Some of these are covered in the popular Coin Bureau YouTuber app, which includes:

• You need an ID to work on this network. An identity that virtually all activities on this network depend on. So if you lose your ID, your computer internet access will be blocked forever.
• The System Network Neural (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 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 be concluded that this project is a flawed version of Web 3.0 and 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 as are being operated 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 phrase implies that specific and certified devices 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

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 can for you War set a time and force you to spend this money. As horrible as this may sound, the people have given in Chinese to it because they have no other choice.

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