Is Web3.0 an empty talk or a change of the times?

Web3.0 has been mentioned frequently recently, attracting some people's attention in the industry. Web3.0, like blockchain and DeFi, needs a clear definition. These are often born before concepts. Part of the capital is being actively deployed, and it is meaningless to care about how to define it. Therefore, so far, many people have yet to be able to tell what web3.0 is, but this does not affect our understanding of web3.0. 0 expectations and discussions.

At present, most people are more likely to accept that web3.0 is an open, free, and equal Internet. Relatively speaking, the existing Internet must do poorly in this regard, which makes people yearn for web3.0.?So what's wrong with the existing Internet?

Problems with the Internet Today

Since its early birth, the Internet has been endowed with slogans such as openness and freedom. However, due to the setting of the infrastructure, the root servers that most Internet sites currently rely on are located in Europe, America, and other countries. This structure is essential There is a certain degree of centralization, which may cause potential risks.?For example, when Americans can easily cut off China's international network connection through root server settings, although the United States has not done so, there is no guarantee that it will not do so in the future, especially when there are trade frictions between China and the United States.

Another problem that exists on the Internet is the monopoly of large companies. There are Google, Facebook (meta), Twitter, YouTube, and Netflix in Europe and the United States, and Baidu, Ali, Tencent, Weibo, and Youku in China. The subdivided fields occupy most of the market share, which leads to the second and third place, and even the combined market value of all of them is smaller than the first place. In this way, Internet companies can theoretically take advantage of this monopoly position and Do some legitimate "bad things", such as using people's private information, maliciously promoting advertisements, buying and selling user data, etc.

The third is the ownership of information generated by Internet users. In the early days, the Internet was the provider of the content. People went online mainly to obtain information. Later, the mobile Internet was born, and the Internet became a place for people to produce content. To video bloggers, short videos, or the equipment and accounts of games that people play, etc. theoretically, the ownership should belong to the users themselves, but as a platform, they have the right to process user accounts and data, such as deleting These operations on your account violate people's ownership of data to a certain extent.?Coupled with the data protection regulations of various countries, personal data has become a part of national assets. Many people in China may not have this concern, but foreign countries are very concerned about this, which has also led to some social conflicts.

Problems solved by Web 3.0

What Web3.0 solves is that people take back the independent control of the Internet through various aspects so as to ensure that they can truly own the value created by themselves in the virtual world. The current problems of the Internet it is mainly divided into three parts to solving.

first part

This part of the underlying Internet service provider is currently a relatively well-known solution like Helium abroad. It provides basic Internet services in the form of wireless network hotspots and provides corresponding incentives for nodes (hotspots). Some people say that this is For the foreign version of 5G solutions; anyone can build equipment to become a network node and provide services.?Other similar solutions include blockchain IoT solutions, which also create different ecosystems in private networks.

Of course, the current basic network solution still relies on existing Internet operators. In some countries, such equipment is still limited to big cities, and the benefits may be low for remote areas. Therefore, this solution still has certain problems. solve.

the second part

It is a well-known blockchain application that can be solved. At present, the monopoly model of traditional Internet giants is not sustainable. It will also be subject to certain restrictions at the legal level. For example, under the pressure of anti-monopoly banners, Internet giants are gradually becoming aware to this issue and trying to change it, but we think this is just to relieve the pressure that is currently there, not what we intended.

The tentacles of the current Internet giants have actually penetrated into most fields. They participate in it through investment, mergers and acquisitions, etc., so that emerging industries can serve them and become a member of them. Eventually, they will be included in the ecological map, even if it cannot be realized. It will also expand its territory by supporting competitors.

Decentralized applications created based on blockchain are gradually popularized, making various decentralized applications develop rapidly. This is another mode of real cooperation. The biggest feeling of people using decentralized applications is that they are similar to building The LEGO model; multi-protocol combination or nesting dolls has become a relatively common practice.?This method benefits from the fact that each application protocol is relatively open, and there are not many restrictions on the combination of multi-protocol and ecological applications so that the moat between applications is broken, thus enabling the ecology to develop rapidly further.

For example, the encryption exchange function of the metamask wallet mainly integrates multiple protocols together and then provides users with the best quotation in real-time, which in turn saves more costs for users. This cooperation model is not for binding users. It is to make the entrance more open.?At least it is difficult for us now to see the traditional Internet with multiple shopping platforms on one software, which is enough to illustrate the openness of web3.

Of course, this does not mean there is no competition among blockchain decentralized applications. In fact, it is difficult for the competition among similar applications to make the No. market, which keeps the development of web3.0 applications at a high level of vitality.

the third part

It is mainly aimed at users. Another major problem of the current Internet giants is that the user's own data does not belong to the user. Many similar terms of service will attribute the user's data to the platform. Use user data to do other outrageous things, such as big data monitoring chat records, etc.?As producers of network information, users need to get fair benefits.?Although the development of Douyin and live streaming in recent years has enabled information producers to have their own traffic and monetization channels, this is still a minority and has certain risks.

And web3.0 is another way. The principle of data on-chain followed by web3.0 is to bind the data generated by users with their accounts (wallets), and the user's behaviors are all on the chain, so that even if they leave the original On the platform, your own data can still be taken away, and it is not under the control of the platform, and no one can take it except yourself.?The other is the protection of user privacy by web3.0, which can enable more big data applications to avoid malicious access to user privacy. Sell it to the corresponding data company for a certain amount of compensation.

For users, the most direct feeling of Web3.0 is that no matter what others want to obtain from you, they must be authorized by you. This is written at the software level, not by laws full of small characters As described in the article, because most users cannot afford the time and energy of going to court, it is more convenient to use a program to solve the problem.?We will also not have cases where the avatar set by this platform cannot be used on another platform. Instead, as long as I use this avatar, no matter which platform I go to, it will not affect my continued use of this avatar.

Will Web 3.0 become a reality?

Although the ideal is beautiful, the reality is also cruel. Web3.0 has depicted us the initial vision of Internet development. However, some people keep pouring cold water. For example, the richest man Musk once said that web3 is BS (bullshit), and some people also Questioning web3.0, thinking that web3.0 is a decentralized application covered with blockchain, and the ultimate bottom layer is still a hype based on various tokens.?In addition, the existing Internet 2.0 giants are also trying to avoid a monopoly and disconnection. For example, you can use your WeChat account to log in to a large number of websites, which is actually a way of mutual cooperation. Of course, the giants On the one hand, the operation is to increase its market share, and on the other hand, it also avoids the anti-monopoly stick from killing itself. Therefore, it may be difficult to say whether web 3.0 will be strangled to the cradle at this time.

The author thinks that the token hype that appeared in the early days of web3.0 is a normal phenomenon. Although the hype bubble exists now, web3.0 has attracted some people's attention. The most important thing about the development of another thing is the early dividends, If there is no dividend, then it is difficult to succeed. Token speculation is the best way to provide dividends. It can attract both people and funds, and people and money are the keys to the development of things. With the support of capital and technology, some things will definitely be pushed forward and the corresponding defects will be made up, so that things will explode on a large scale.

Of course, we should also be vigilant that the ideal is often very full, and the reality is very skinny. The idea of web 3.0 is also the earliest idea of the Internet. When the actual performance is reached, the possible effect will be the same as what we originally imagined. There are some discrepancies and even big differences, but there is no doubt that web 3.0 will become a ladder to promote the continuous advancement of the subsequent Internet. Ordinary people need to keep up with the rhythm of the times and enjoy the dividends of the times.

Credit: Encrypted Longshuai