To many, Web3 is a concept that is equal parts promising and distant. Naturally, as the conversation continues to grow, many are now confused about where Web3 can be accessed, especially with the sheer number of self-proclaimed “decentralized applications” better thrown as “dApps” that are supposedly running and available. The caveat is that many of these projects aren’t fully decentralized, as they claim, often relying heavily on components of Web2 like centralized storage. The result is that at any time, a centralized party can disable access leaving users unable to access associated applications or, in extreme cases, compromise the dApps, which may lead to loss of funds and private data.
In a recent AMA, Rachel Wolfson, a senior reporter at Cointelegraph, sits down with Serge Var, the CEO and co-founder of Point Labs. Point Labs is the company building the Point Network, which the team describes as being the world’s first real full Web3 implementation where everything is decentralized.
Looking at the historical market, Serge is quick to share “that many projects are pushing for decentralization of one thing or another, and it works really well.” To give some context, he shares the example of file sharing. “There was Napster and Mega by Kim Dotcom, which ended when the government shut down these platforms. Then someone created Bittorent, and finally, file sharing became decentralized. Many people wanted to shut it down, but they couldn’t.”
Although just one example, Serge reminds viewers that this is just the beginning. In his words, “there was always this dream that maybe we can decentralize the whole internet starting with domains and storage and extending to everything.” The implications, as he continues, are that “we
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