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Web3, also called Web 3.0, is the name given to a decentralized web movement that is sometimes described as a "read/write/own" stage of internet development. It focuses on decentralizing the underlying infrastructure of the internet, shifting away from centralized data storage and management using new protocols and technologies.
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The project was launched in August 2017, and raised over $200 million within 30 minutes via an initial coin offering. [7] [9]In 2020, the project set up the Filecoin Foundation under the leadership of founding officer Megan Klimen to support the development of the protocol, and the Filecoin Foundation for the Decentralized Web to support other projects contributing to the ecosystem of the ...
There are a number of technical challenges to be surmounted to accomplish decentralizing the web, according to Berners-Lee's vision. [15] Rather than using a centralized spoke–hub distribution paradigm, decentralized peer-to-peer networking is implemented in a manner that adds more control and performance features than traditional peer-to-peer networks such as BitTorrent.
Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. [5] Cardano's development began in 2015, led by Ethereum co-founder Charles Hoskinson.
Odysee is an American decentralized video hosting platform built on the LBRY blockchain. [1] [2] [3] It positions itself as an alternative to mainstream services like YouTube, but with a focus on free speech and decentralization.
LBRY (pronounced "library") [4] is a blockchain-based file-sharing and payment network that powers decentralized platforms, primarily social networks and video platforms.In September 2020, Odysee was created, a video hosting platform created and founded by Julian Chandra, an open-source video-sharing website that uses the network, which was split into a separate company on October 1, 2021.
ZeroNet is a decentralized web-like network of peer-to-peer users, created by Tamas Kocsis in 2015, programming for the network was based in Budapest, Hungary; is built in Python; and is fully open source. [3] Instead of having an IP address, sites are identified by a public key (specifically a bitcoin address). The private key allows the owner ...