Overcoming Big Tech’s Crawling Censorship

Decentralized computing power is needed. Currently, major centralized public cloud providers operate an oligopoly, which makes it a prime target for censorship and monitoring, he says Dr. Max LeeCEO of Compucoinand Assistant Professor at Columbia University.

The digital world is constantly evolving, with new technologies and applications emerging every day. One of the most important trends is the emergence of Web3 – a decentralized peer-to-peer network that allows users to interact directly with each other without the need for intermediaries.

This shift away from centralized services has been driven by the growing popularity of cryptocurrencies and blockchain technology. Cryptocurrencies are digital assets that use cryptography to secure their transactions and control the creation of new units. Blockchain is a distributed database that allows for secure and transparent record keeping.

Web3 projects are built on top of these technologies, enabling decentralized applications that can range from social networking and gaming platforms to marketplaces and financial services.

Currently, most Web3 projects are supported by centralized infrastructure providers such as Amazon Web Services (AWS) or Microsoft Azure, which goes against the decentralized spirit of Web3. Additionally, these providers are not well suited to supporting Web3 applications due to their high costs, lack of efficiency, and lack of support for native coding developers and teams.

Web3 is needed to solve the problems Web2 can’t: lack of trust, high costs, incompetent middlemen, and Safety breaches. Despite these benefits, few people use Web3 applications due to their complexity and lack of development tools.

What Web3 projects need from infrastructure providers

To succeed, Web3 projects need access to a solid infrastructure that is reliable, scalable, and cost-effective. In the Metaverse, for example, there are a number of difficult jobs It has to be implemented in order for things to run smoothly. This includes 3D graphics rendering, media streaming, data normalization and synchronization, artificial intelligence (AI), machine learning (ML), and more. Good computing infrastructure is critical to meeting these challenges.

Moreover, it is important that this infrastructure be as decentralized as possible to avoid individual points of failure. Traditional Web2 companies like Fortnite central infrastructure Provided by AWS. Similarly, Microsoft’s upcoming metaverse platform, Mesh, will also work Run on Azure. While these providers are able to deliver the computing power needed for these applications, they have a number of drawbacks.

Decentralized computing vs. central clouds

First, it becomes the central cloud increasingly expensive. First, public cloud providers manage an oligopoly, which allows them to keep prices high. Second, the cost of infrastructure and labor is rising, as these providers expand their data centers and hire more employees. Finally, the public cloud is becoming more and more popular, which means that demand is outstripping supply, and prices are rising accordingly. Pandemic-driven work-from-home trends are only exacerbating this problem.

The centralized nature of the central cloud also makes it a prime target for censorship and monitoring. In some provinces, for example, governments have strict control over what can be accessed on the Internet, and they are increasingly using cloud services to monitor and track their citizens.

Furthermore, latency issues related to the central cloud can be a big problem for Web3 applications. The more users away from the data center, the longer the time for information to travel back and forth, which can lead to a suboptimal user experience.

Finally, a centralized cloud is not as flexible as a decentralized infrastructure. If one node decreases, the entire system can be affected. This was painfully evident during the latest AWS builds series of interruptionsWhich has suspended a large number of popular websites and services.

As a result, many Web3 projects are looking for alternative infrastructure providers that are better suited to their needs. Potential solutions include IPFS and Filecoin, which offer decentralized storage solutions, and Compucointhe web3 version of AWS, for decentralized computing and storage solutions, but there aren’t many options.

The importance of serverless clouds

One of the biggest trends in infrastructure is the emergence of serverless computing. Serverless computing is a cloud-based computing model that allows developers to write code without having to worry about provisioning or managing servers.

This trend is especially important for Web3 applications, as it allows developers to focus on building their applications rather than worrying about the underlying infrastructure. Furthermore, serverless computing is often more cost-effective than traditional alternatives, as it only charges for the actual resources used rather than a fixed monthly fee.

Decentralized service providers are naturally well suited to offering serverless computing solutions, as they are already distributed and do not require centralized servers. For example, Computecoin offers a serverless cloud platform that can be used to publish and run Web3 applications.

Decentralized computing: how it works and why it is important

Decentralized computing networks are a new breed of computing infrastructure that has the potential to revolutionize the way we think about and use computing resources.

With decentralized computing, there is no need for a central authority to manage and allocate resources. Instead, resources are pooled and optimized by the network itself, resulting in more efficient and cost-effective use of resources.

Instead of a Web 3.0 application needing to build its own on-premises data center or use a public cloud provider like AWS, it can now access a wide range of computing resources spread across the globe.

This has many benefits for both developers and users of decentralized applications. For developers, it lowers entry barriers and makes it easier to launch new apps. For users, it offers more options and flexibility in how they use the apps.

Decentralized computing capabilities

Decentralized computing capabilities

Decentralized computing also has the potential to improve application performance by reducing latency and increasing productivity. This is because decentralized computing networks can pool resources from all over the world, providing an infrastructure that is more geographically diverse than traditional data centers. In addition, decentralized computing can help reduce costs by making use of unused or underutilized resources, such as idle computers or overcapacity.

decentralized account Important because it has the potential to democratize access to computing resources and enable a new class of applications not possible with traditional infrastructure. Consider Metaverse gaming platforms, which require low latency, high performance computations, and high throughput to function properly. Decentralized computing can provide the resources needed to run such applications, without the need for a central authority.

In short, decentralized computing is a new type of computing infrastructure that has the potential to change the way we think and use computing resources. It is more efficient, cost effective and scalable than traditional infrastructure, and can enable a new class of applications not possible with traditional infrastructure.

About the author

Dr. Max Lee He is the founder and CEO of CompucoinCo-founder of Nakamoto & Turing Labs (N&T Labs) and managing partner of VC Aves Lair in New York. He is also an Assistant Professor at Columbia University (in New York City).

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