Decentralization and web3 in 2022 – Irish Tech News
The origins of the internet were focused on decentralization
Early internet pioneers saw the world wide web as an open, democratic space with equal access for everyone and no centralized control. Tim Berners Lee, inventor of the world wide web saw the web as decentralized: no central computer, no single network, and no organization ‘running’ the web.
This is not how the web currently operates. In 2021, just six companies generated 57% of global network traffic, up from the 43% those same companies controlled in 2019. These six companies Google, Facebook, Netflix, Apple, Amazon, and Microsoft dominate and organize the majority of all network traffic.
That means these six companies set the rules and dominate digital culture. These networks are the core infrastructure of our digital lives. It’s not possible to opt-out without being excluded from a large part of digital culture, communication and work. These six companies aren’t neutral: they prioritize their own content and their…
Read Full Story: https://irishtechnews.ie/decentralization-and-web3-in-2022/
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source: https://news.oneseocompany.com/2022/04/21/decentralization-and-web3-in-2022-irish-tech-news_2022042118323.html
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