As absurd as it may sound, it may interest you to know that the internet (Web 1.0 and 2.0) is a centralized system, and even though we want to believe it is just a network of computers (including yours and mine) working together to facilitate the sharing of data and information, it is important to note that its centralization grants some privileges to some users over others. For instance, because you have decided to use a particular web-based service, they may decide to shut down or change policies that may affect you adversely, and you may not be able to do much about it. Another thing the centralized internet is popular for is the usage of people’s private data for different purposes, without their knowledge, and this has raised different questions and controversies in times past.Web3 seems to be the solution to the irregularities caused by the centralized nature of the internet, and since it was mentioned, it has received some backlash from skeptics and critics who are of the opinion that decentralized applications (DApps) will never become mainstream systems to be adopted by many.
The Graph Protocol — What's next?
The Graph Protocol — What's next?
The Graph Protocol — What's next?
As absurd as it may sound, it may interest you to know that the internet (Web 1.0 and 2.0) is a centralized system, and even though we want to believe it is just a network of computers (including yours and mine) working together to facilitate the sharing of data and information, it is important to note that its centralization grants some privileges to some users over others. For instance, because you have decided to use a particular web-based service, they may decide to shut down or change policies that may affect you adversely, and you may not be able to do much about it. Another thing the centralized internet is popular for is the usage of people’s private data for different purposes, without their knowledge, and this has raised different questions and controversies in times past.Web3 seems to be the solution to the irregularities caused by the centralized nature of the internet, and since it was mentioned, it has received some backlash from skeptics and critics who are of the opinion that decentralized applications (DApps) will never become mainstream systems to be adopted by many.