Creating the web we deserve: The case for Web3

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There isn’t a doubt that the web has reworked the best way we stay and work. It has made communication and collaboration simpler than ever earlier than. Nonetheless, there’s a draw back to this elevated connectedness. 

The centralized nature of the web implies that just a few massive corporations management most of what we see and do on-line. This focus of energy has led to considerations about information privateness, censorship, and different abuses of energy.

It’s turning into clear that the earlier, and certainly present, iteration of the web doesn’t characterize what the world vast internet is actually supposed for. To know this and in addition the promise that Web3 holds, we’ll go over the historical past of the web and the way it has modified with time.

The present web

The web as we all know it’s largely a product of the Nineties. This was the last decade when business use of the web took off, and firms like AOL and Netscape turned family names. The online browser was invented, and HTML turned the usual markup language for creating internet pages.


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The Nineties had been additionally the last decade when the World Extensive Net Consortium (W3C) was based. The W3C is a corporation that units requirements for the way the net ought to work. Its best-known requirements embody HTML, CSS, and XML.

The late Nineties and early 2000s noticed the rise of engines like google like Google and Yahoo! These corporations constructed their companies by indexing web sites and making them simple to seek out by way of search key phrases. Google’s founders Larry Web page and Sergey Brin additionally developed the PageRank algorithm, which ranks web sites primarily based on their reputation.

The centralization of data and the gatekeepers of the web

The search engine increase of the late Nineties and early 2000s led to the centralization of data on the web. Just a few massive corporations got here to dominate the market, they usually proceed to take action at this time.

These corporations are often known as the “gatekeepers” of the web. They management what customers see once they go browsing, they usually have a major influence on the best way companies function. The issue with this focus of energy is that it may be abused. 

The gatekeepers can censor content material, limit entry to data, and gather information about customers with out their consent. A number of situations of abuse have been documented in recent times. In 2018, for instance, Fb was embroiled in a scandal over the misuse of consumer information. 

Although arguments are sometimes made in regards to the necessity of the centralization of data, it has grow to be more and more clear that this mannequin shouldn’t be sustainable in the long run. The web was designed to be a decentralized community, and the centralized mannequin goes in opposition to the spirit of the net.

Proof for this may be traced again to the early days of the web. The primary iteration of the web was often known as ARPANET, and it was created by an arm of the U.S. Protection Division within the Nineteen Sixties. ARPANET was designed to be a decentralized community that would proceed to perform even when elements of it had been destroyed.

The subsequent section of the web’s improvement was the creation of the TCP/IP protocol within the Seventies. This protocol permits computer systems to speak with one another on the web. It too was designed to be decentralized, in order that if one a part of the community went down, the remaining might nonetheless perform.

Even going again to the conceptualization of Charles Babbage’s Analytical Engine within the 1800s, it’s clear that the decentralization of data was all the time seen as a key advantage of computing. It’s only in recent times that the web has grow to be extra centralized.

The rise of cryptocurrencies

In 2009, a person or lady (or group of individuals) often known as Satoshi Nakamoto launched a white paper entitled “Bitcoin: A Peer-to-Peer Digital Money System.” This paper proposed a brand new method of utilizing the web to ship and obtain funds with out the necessity for a government.

Bitcoin is a decentralized community that makes use of cryptography to safe its transactions. It is usually the primary and most well-known cryptocurrency. Since its launch, Bitcoin has been used for quite a lot of functions, each authorized and unlawful. It has additionally been praised and criticized by individuals everywhere in the world.

The Ethereum blockchain is one other in style platform for launching cryptocurrencies. Ethereum was established in 2015, and it has since grow to be the second-largest blockchain by way of market capitalization.

Ethereum is totally different from Bitcoin in that it permits builders to construct decentralized functions (dapps) on its platform. These dapps can be utilized for varied functions, from monetary companies to social networking.

The rise of cryptocurrencies has led to the event of a brand new kind of web, often known as Web3. Web3 is a decentralized community that isn’t managed by any central authority.

As an alternative, Web3 is powered by a community of computer systems all over the world which are operating blockchain software program powered by Ethereum and several other different platforms. This software program permits customers to work together with one another with out the necessity for a intermediary.

Web3 has the potential to revolutionize the best way we use the web. Nonetheless, it’s nonetheless in its early levels, and it stays to be seen whether or not or not it is going to stay as much as its promise.

How Web3 can create the web we deserve

There are a number of methods Web3 can create the web we deserve — for instance, enabling greener know-how, fairer decentralized finance and economics, true censorship resistance and privacy-respecting options to current centralized social media platforms. 

These use circumstances for Web3 are advanced and deserve their very own devoted articles (which we’ll you should definitely write and hyperlink to sooner or later), however let’s contact on each briefly beneath. 

Enabling greener know-how

The present web relies on a centralized mannequin that isn’t very power environment friendly. The information facilities that energy the web use a number of electrical energy, and this electrical energy typically comes from soiled power sources like coal.

Web3 can assist to create a extra sustainable web by making it attainable to run information facilities on renewable power sources — or abandon the concept of knowledge facilities altogether by offering a greater infrastructure for edge computing. The nearer your data is to you, the higher it’s for the surroundings.

Fairer decentralized finance and economics

The present monetary system is managed by central authorities, corresponding to banks and governments. This technique shouldn’t be very accessible to everybody, and it typically advantages the rich greater than the poor.

Web3 can create a extra equitable monetary system by making it attainable to launch decentralized functions (dapps) that provide monetary companies to anybody with an web connection. For instance, there are already dapps that enable customers to borrow and lend cash with out the necessity for a financial institution.

True censorship resistance

The present web is censored in lots of elements of the world. For instance, China has a strict censorship regime that blocks entry to many web sites, together with Google, Meta (Fb), and Twitter.

Web3 can assist create a really censorship-resistant web by making it attainable to launch decentralized functions that can’t be blocked by censors. For instance, there are already dapps that enable customers to entry the web with out the necessity for VPN.

Privateness-respecting options to current social media platforms in Web3

Algorithmic accountability is an space present social media platforms have uncared for. By protecting social media centralized, there is no such thing as a method for the typical consumer to know what lies behind the algorithms that run these platforms. These algorithms typically decide what content material is promoted and what content material is buried.

As a matter of truth, research have proven that the extra excessive and polarizing the content material, the upper the burden the algorithms place on it — which might have a dangerous impact on society by selling division as an alternative of understanding. Whereas there are some ongoing experiments with decentralized options to those algorithms, it’s nonetheless in its early days. 

Decentralized social media could be far more clear, and customers would be capable of perceive and alter the algorithms in the event that they so select. As well as, decentralized social media would give customers the power to personal their information — one thing that isn’t attainable on present centralized platforms.

Web3: Creating the web we deserve

So tying again to the issues we’ve talked about — what would a super web appear to be? What are the parameters that outline it? We predict a super web ought to have the next properties:

  • It must be accessible to everybody.
  • It must be power environment friendly.
  • It must be censorship resistant.
  • It ought to respect consumer privateness.
  • It ought to promote algorithmic accountability.

These parameters are achievable with the guarantees of Web3 applied sciences. Within the coming article collection, we’ll delve deeper into what elements have led to Web2 turning into a pandora’s field of issues, and the way the following iteration of the web can have the potential to show the web into the platform we deserve — one that’s sustainable, equitable, and empowering.

Daniel Saito is CEO and cofounder of StrongNode.


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