Could Point Network Become the Next Standard for Web 3.0?

Could Point Network Become the Next Standard for Web 3.0?
ôîòî ïîêàçàíî ñ : bitcoinist.com

2022-3-17 19:39

There is a clear need to define the upcoming ‘Web 3.0’ era as we move closer to it. More specifically, most of today’s “decentralized” projects tend to only have the blockchain element as the sole decentralized part, whereas the rest of it is still largely reliant on Web 2.0. Domains can still be taken away, storage on a centralized cloud can be censored, and servers can and are being hacked. As such, a proper distinction between what is considered to be decentralized and centralized in today’s digital landscape needs to be established as soon as possible, so that we can move closer and closer to full decentralization.

Point Network is here to help

So, now that we have outlined the issue, is anyone doing anything to solve it? Point Network is a project being developed by Point Labs with the purpose of finally bringing complete decentralization to the web3 world. It combines decentralized domains that cannot be taken away because they are on the blockchain, decentralized storage (they have partnered up with Arweave on this) that cannot be censored and is designed to store the content of this new internet redundantly across Arweave network for hundreds of years, decentralized identities that allow you to use the same secret phrase to immediately become logged into every dApp and website on the network, and, finally, a decentralized browser providing all the necessary extra tools to enjoy Web3 on Point Network.

By decentralizing every part of the tech stack they remove what’s known as “a single point of failure” that can be attacked in order to destroy the whole network or app. Think Bittorrent but for the whole Internet and all its applications. Decentralized Twitter, Facebook and Youtube on Point Network would be censorship-resistant, open for everyone, and the algorithm deciding what to show you next—completely Open-Source and tweakable by any user, instead of driven by a big tech AI with the sole goal to make you stay as long as possible by showing you shocking content and make you see and click the most ads.

As if that weren’t enough, Point Labs promises to not only have support for dApps on their own chain but, because their innovation happens not on the chain level but in the software used to access web3, they can support several chains at once. For instance, instead of centralized uniswap.org you would open uniswap.point which resides on Point Chain, with secure content loaded from Arweave instead of the cloud, with data integrity guarantees, but the final transaction would happen on the Ethereum chain after you see a confirmation window similar to Metamask. They say their long term vision is to have all chains accessible from Point Wallet and Point Browser, including Ethereum dApps, Solana dApps, and even the ability to send Bitcoin and Bitcoin Lightning transactions right from there, thus allowing users the luxury to access the totality of crypto and web3 from one point—with the same secret phrase to access all currencies and chains!

What does the future hold?

As is the case with all projects in this space, it takes time for real results to show. After all, it wasn’t until the Solana Ignition Hackathon that Point Network really came into its own and found its footing after making it onto the ‘Honorable Mentions’ category. This–them being early on in the game with promising tech—combined with the fact that the Web 3.0 concept only really started picking up steam recently, proves that Point Network knows what it’s doing and has the potential to become the main Web3 standard in the future if all goes according to plan.

Presently, Point Network has an active group on Telegram which often has intriguing conversations about the last alpha version and consists of early adopters. Many venture capitalist companies had also previously expressed interest in the project and invested in Seed and Series A rounds which is always a good sign. Overall, the team looks to be on the right track but a lot of work is yet to be done if Point Network is to achieve its objective of bringing Web 2.0 experience into the world of Web 3.0 in a truly decentralized manner.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Webcoin (WEB) íà Currencies.ru

$ 0.0011174 (-0.20%)
Îáúåì 24H $86
Èçìåíåèÿ 24h: 17.00 %, 7d: -43.78 %
Cåãîäíÿ L: $0.0009578 - H: $0.0011509
Êàïèòàëèçàöèÿ $49.894k Rank 1988
Äîñòóïíî / Âñåãî 44.653m WEB

web still decentralized sole part element blockchain

web still → Ðåçóëüòàòîâ: 126


Ôîòî:

Facebook’s ‘cryptocurrency’ Libra unveils official backers, but its future is still uncertain

Facebook has managed to officially sign up 21 organizations to its Libra Association following several high-profile departures from its controversial ‘cryptocurrency’ project. According to a press release, Andreessen Horowitz, Ribbit Capital, Spotify, Coinbase, Uber Technologies, Vodafone, and Xapo are among those who signed the Libra Association’s charter.

2019-10-15 12:33


Europol: Bitcoin is the still the dark web’s favorite cryptocurrency

Bitcoin is still very much the dark web‘s favorite cryptocurrency, but those looking to cover their tracks are slowly learning to use privacy-focused alternatives. “While we have previously reported a small shift towards more privacy-focused cryptocurrencies such as Monero, Bitcoin still remains the currency of choice for both legitimate and criminal use,” reports Europol with its latest assessment of internet-based organised crime.

2019-10-14 15:45


Ôîòî:

Pixelbook Go laptop leaks in hand-on video, Google is still very bad at secrets

At this point, we’d given up on Google having any major secrets about the Pixel 4 left to reveal, but surely the company would be able to keep its other hardware under wraps until next week? …What’s that, you say? Google’s new Chromebook just leaked? An entire hands-on article and video from a reputable source like 9to5Google? Sighs.

2019-10-12 23:33


Ôîòî:

Scientists are looking for dark matter to understand the universe’s ‘hidden web’

After counting all the normal, luminous matter in the obvious places of the universe – galaxies, clusters of galaxies and the intergalactic medium – about half of it is still missing. So not only is 85 percent of the matter in the universe made up of an unknown, invisible substance dubbed “dark matter,” we can’t even find all the small amount of normal matter that should be there.

2019-10-10 16:59


Apple bans app that warns Hong Kong citizens about police activity, again

Apple has banned HKmap. live — a Waze-like crowdsourced maps app used by protestors in Hong Kong to track police movements in the city state — merely days after approving it. The company told Reuters it made the decision after consulting with local authorities and that the “app violated its rules because it was used to ambush police and by criminals who used it to victimize residents in areas with no law enforcement.

2019-10-10 07:42


Cybercriminals are targeting healthcare companies with phishing campaigns to steal sensitive data

Healthcare providers are facing an unprecedented level of social engineering-driven malware threats, according to new research. The findings — disclosed by California-based enterprise security solutions provider Proofpoint US — discovered at least 77 percent of email attacks on the medical sector during the first three months of 2019 involved the use of malicious links.

2019-10-9 19:00