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Showing posts from February, 2022

What is Decentralized Internet?

  More than 3.5 billion people lost access to one of the world's most influential and widely used data storage, communication, and information-sharing platforms, all because of a single server system failure at Facebook. While the outage was only momentary, it underlines the hazards of entrusting online data and digital life to massive, centralized companies. Instead of depending on such centralized depositories, we should embrace decentralized internet computing's democratizing power and return authority to individuals.   The locus of control is the distinction between old, centralized IT platforms and emerging, more flexible decentralized networks. When anything goes wrong, or a hacker breaks into the system, all of the data posted must transit through one of the company's data centers, creating a single point of failure. Control is distributed network among hundreds or thousands of users in a decentralized network, each providing storage capacity to the system. There a...