Is a new decentralized internet, or Web 3.0, possible?


The time has come to combat towards the dominance of the web giants. In Europe, varied rules have been announced that purpose to drive these giants to respect extra wholesome guidelines of the sport and to be extra protecting of customers’ rights and of competitors. Some even brandish the specter of dismantling a few of the tech giants, a weapon of mass destruction not often utilized in historical past.

Is an alternate path of a actually decentralized web attainable?

Hyperpower

A handful of firms maintain a digital monopoly inside the web in important areas of companies (serps, e mail, and many others.), infrastructures (world transit, content material distribution networks, cloud computing companies, and many others.) and even, to some extent, web standardization (IETF, ICANN/IANA, W3C, and many others.). The equation is unprecedented, and their place has develop into nearly impenetrable.

The now-famous “network effect” explains the genesis of the present domination: The greater a internet participant is, the larger it will get. The extra customers it has, the extra fascinating it turns into for the next customers to affix that participant and never one other one. The companies provided are all of the extra enticing, as they seem like “free,” however they arrive on the worth of the commoditization (and generally the violation) of customers’ privateness.

Related: The data economy is a dystopian nightmare

The web giants have additionally invested massively in their very own “pipelines” (notably, submarine cables) so as to convey their content material as shut as attainable to the consumer. Five years in the past, these “priority access paths” represented 25% of the world’s internet site visitors. Today, they account for 64%.

This is mirrored within the high quality of service provided by the web giants: a latency time enormously lowered in contrast with their (potential) opponents. Let’s take into consideration a platform that want to compete with YouTube or Netflix, however with a loading time that’s 10 occasions longer.

In the tip, we’ve all develop into depending on a small group of omnipotent service suppliers.

Cloud 3.0

Decentralizing the web has develop into a holy grail, and several other initiatives have emerged to fulfill the problem (e.g., Filecoin, ThreeFold, Solid and Dfinity).

These initiatives typically have the identical targets:

  • To “distribute” the cloud and supply a substitute for hyper-concentrated information facilities and centralized cloud suppliers.
  • To assure higher safety of consumer privateness and “data sovereignty.”
  • Allow functions to be deployed with a stage of high quality and scalability much like what the web presents.

Related: Web 3.0 would enable new possibilities and opportunities

The technical problem is immense, as is that of huge adoption by customers of the companies provided by the GAFA, an acronym that stands for Google, Apple, Facebook and Amazon.

However, the means to realize these aims differ from mission to mission.

Solid is a specification that lets folks retailer their information securely in decentralized information shops known as pods. Pods are safe, private internet servers for information. When information is saved in somebody’s pod, they management which individuals and functions can entry it. The consumer can get a pod from chosen pod suppliers (some being hosted by Amazon), or the consumer could select to self-host a pod to be extra autonomous.

Dfinity proposes the Internet Computer Protocol, or ICP, which the mission describes as “extending the internet with serverless cloud functionality, enabling secure software and a new breed of open internet services.” This ICP is supplied by a world community of impartial information facilities.

ThreeFold deploys a peer-to-peer (P2P) grid shaped by a world community of impartial farmers. What differentiates ThreeFold from the opposite serverless clouds is that they began from scratch and constructed a new infrastructure from the bottom up. The primary advantages of the ThreeFold Grid are:

  • Privacy: A P2P atmosphere means no middlemen or intermediaries — information travels instantly between folks and is saved on the nodes of their selection, reasonably than being despatched via and saved by a third social gathering.
  • Security: Data saved in information facilities is vulnerable to safety breaches. In bypassing information facilities and exchanging information instantly between friends, better safety could be achieved, because it reduces code and again doorways considerably.
  • Scalability: In a many-to-many system, scale is basically limitless. Hardware (nodes) could be added relaxed in any residence or workplace by anybody, which isn’t the case with the present information heart mannequin.
  • Cost-efficiency and sustainability: End-to-end (direct) connection between friends implies that the system will outline essentially the most environment friendly path for information. This results in far more power and price effectivity, in comparison with the centralized information heart mannequin.

In each initiatives, customers should purchase utility tokens that act as “gas” to order sovereign capability and retailer information.

The Internet of Universal Resources

The subsequent stage could also be an precise merger of the prevailing web protocol (TCP/IP) with blockchain know-how . The end result can be an web able to carrying not solely packets of information but in addition companies in a decentralized method. This “merger” would foster a extra open, resilient and plural web that’s able to natively providing important companies comparable to information search, decentralized area identify administration, digital identification, digital messaging, information storage, computing energy (synthetic intelligence), confidentiality, traceability and digital signature.

These companies have develop into common sources of the web and, as such, ought to be natively supplied by the community and managed as commons.

In technical phrases, the problem is to mix the information packet transport (TCP/IP) performance with a sure “intelligence” that permits packets to encapsulate a service marker. This service marker might be learn and interpreted by all parts of the community infrastructure (routers, switches, servers).

In doing so, companies — common or important — are introduced again to the protocol stage of the web. Indeed, the packet (routed based on the foundations of the protocol) “activates” entry to those companies from a devoted node, or server.

This node is a part of a decentralized community of nodes. The operators of those nodes could be both current web service suppliers, specialised firms (software program publishers, information facilities, and many others.), or public authorities. Ownership of those nodes may be hybrid, shared between these completely different actors.

Belgian public utility basis IOUR Foundation promotes any such method and presents a suite of protocols that brings the native companies all the way down to the decrease layer of the web. A proposal like this has basic implications for the web’s physiognomy, notably: decentralized governance, interoperability of companies, native traceability and confidentiality.

A decentralized, native search engine

No web service is extra concentrated than the search engine (each 63% of all searches and 94% of all cell and pill search site visitors comes from Google).

This important perform could be provided by the web community (through its augmented protocol), which might lead to a extra goal, extra full and extra privacy-friendly search engine, as all search information can be saved by the community in a decentralized method and not be centralized on non-public servers. In addition, customers will be capable to resolve whether or not or to not anonymize their search.

Joining forces

It is admittedly essential to advertise energetic collaboration and complementarity between all of the aforementioned initiatives (and others) that pursue the identical aims.

Synergies aren’t solely attainable, they’re apparent. The ThreeFold Grid, for instance, can add tangible worth to Dfinity or Solid and different comparable initiatives in the event that they wish to profit from a actually decentralized and sovereign infrastructure, as a substitute of counting on present information heart fashions. The future IOUR infrastructure may — and will — additionally depend on such a grid to deploy the nodes which are essential to make the web able to offering “native” companies.

Cooperation is of the essence within the new world we wish to construct.

This article doesn’t include funding recommendation or suggestions. Every funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a determination.

The views, ideas and opinions expressed listed below are the writer’s alone and don’t essentially replicate or characterize the views and opinions of Cointelegraph.

Thibault Verbiest, an legal professional in Paris and Brussels since 1993, is a associate with Metalaw, the place he heads the division devoted to fintech, digital banking and crypto finance. He is the co-author of a number of books, together with the primary e-book on blockchain in French. He acts as an professional with the European Blockchain Observatory and Forum and the World Bank. Thibault can be an entrepreneur, as he co-founded CopyrightCoins and Parabolic Digital. In 2020, he turned chairman of the IOUR Foundation, a public utility basis geared toward selling the adoption of a new web, merging TCP/IP and blockchain.