Mr. Ed
Be what you is not what you what you ain’t
- Location
- Central NY
The idea behind Web3 & decentralized Internet is having ownership of personal information and web activities. When you use decentralized internet the information you add gets broken down into blocks, hence a blochain consists of information from various sources that connect like a chain. Parts of your information are distributed and joined by other blockchains that with the proper ID can be recovered to its original state.
You can determine how much information you choose to share such as loan application, or income tax form, you control your information by what you choose to disclose and you always have a record of the information.
Distributed web is exactly what it says. Information is divided into blocks that form a chain or blockchain and distributed throughout the internet if the source of computing is connected to a distributed network aka decentralized network.
This is very interesting to me. Not only will decentralized computing take the place of central networks such as my internet provider. The internet will consist of blockchain technology which computers are linked together by sharing blocks of information on their hard drive. When blockchain technology becomes the primary source for computing, everyone will contribute and exchange information.
You can determine how much information you choose to share such as loan application, or income tax form, you control your information by what you choose to disclose and you always have a record of the information.
Distributed web is exactly what it says. Information is divided into blocks that form a chain or blockchain and distributed throughout the internet if the source of computing is connected to a distributed network aka decentralized network.
This is very interesting to me. Not only will decentralized computing take the place of central networks such as my internet provider. The internet will consist of blockchain technology which computers are linked together by sharing blocks of information on their hard drive. When blockchain technology becomes the primary source for computing, everyone will contribute and exchange information.