DECENTRALIZED WEB

 The decentralization and democratization of information was the distinguishing feature of the internet and Web1, while Web2 corporations wanted to create walled gardens to retain consumers within their ecosystems.

The internet was developed in the 1960s and 1970s, at the peak of the Cold War. The US created a decentralized network of numerous computers spread out across the nation so that its defense system would continue to function even after a nuclear assault by the Soviet Union. Tim Berners-Lee later developed the World Wide Web, one of the first internet applications, in the 1990s. Users could easily “surf” the internet and browse material with browsers like Microsoft Internet Explorer. It was decentralized (run by standard computers), open-source (anyone could build on it without restriction), and read-only (very few people had the technical skill to publish on it).

Web2 started in the middle of the 2000s when websites like Facebook and YouTube first appeared. Regardless of technological ability, anyone could publish content online using these platforms. The decentralization and democratization of information were the distinguishing features of the internet and Web1, while Web2 corporations wanted to create walled gardens to retain consumers within their ecosystems. In fact, with Web2, information is being more compartmentalized and controlled by a small number of powerful technology firms.

The centralized control of data and power has been a major component of the Web2 era. Virtually all web programs, including Facebook, Twitter, Gmail, and others, are centralized on servers owned by a select few big businesses. Companies keep users’ data in their control so that users don’t have to, and their terms of service govern how data is handled. For instance, a small number of businesses dominate a disproportionate amount of the global market for cloud infrastructure, with Amazon, Microsoft, and Google holding over 65% of the market. In terms of online traffic rather than data storage, Facebook had 2.9 billion monthly active users in 2021, or more than 60% of active internet users worldwide. Simply put, a small number of powerful technological businesses effectively dictate what users see and do online. As a result, rather than becoming a democracy (where users own and control their data), the internet has changed into something more akin to an oligopoly (where a few firms possess and manage user data).

The quickest option for centralized enterprises to provide reliable infrastructure to fuel Web3’s dApp ecosystems is to build several blockchain nodes in AWS data centers and enable developers to use them from anywhere for a fee. A few participants in the market accomplished just that, albeit at the cost of decentralization. This has left the ecosystem susceptible to threats and at the mercy of a few strong entities.

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For users and creators, this centralization causes problems, including:

Economic problems

In contrast to users and creators, value accrues to intermediaries and, consequently, a select group of people (i.e., founders, employees, and investors). Because platform advertising regulations and algorithms are subject to change, this presents difficulties for creators whose advertising revenue may be drastically affected. Numerous major platforms impose hefty take rates (20%+) on their creators, which reduces their profitability.

Source: Lillian Chen

Social problems

Web2 companies frequently retain, use, and sell user data. Data privacy and user sovereignty issues may result from this. For instance, Facebook has come under fire for allegedly prioritizing engagement on its platform over a few ethical considerations. It experienced a hack in October 2018 that compromised the data of more than 50 million members. Additionally, 91% of American people, according to Pew Research, concur that consumers no longer have any control over how businesses gather and utilize their personal information.

Distributive problems

Platforms govern how users connect with their peers and how content is distributed on Web2. This may have important ramifications for creators whose companies rely on these sites. For instance, because it competes with Periscope, similar software that Twitter just bought, the mobile video streaming app Meerkat was essentially banned from Twitter.

Political problems

Platforms like Facebook and Twitter have emerged as key players in the presidential election results and have been charged with spreading false information. Additionally, these businesses have been compelled to weigh in on political discussions. For instance, in January 2021, Twitter famously suspended President Donald Trump’s account. Governments can easily censor access to centralized servers, as was the case when Turkey stopped access to Wikipedia.

Simply said, the current web has a number of issues. With the goal of regaining user and creator sovereignty, Web3 aims to address these problems. The switch to Web3 has a number of possible advantages, including:

Economic

Web3 fully supports open economies in which everyone benefits. Web3 includes new digital primitives, including fungible and non-fungible tokens, which users can utilize to participate in growth where centralized Web2 platforms did not allow for this. These assets give users ownership of their project contributions.

Social

Users can choose which data and information they will share through Web3 projects. The decentralized web aims to separate itself from businesses that control the flow of information on the internet and gather, store, and sell user data.

Source: Naval Ravikant

Distribution

With Web3, users can turn the tables on platforms. Applications can be developed on top of one another using Web3 composability and data transparency, which goes beyond the traditional perception of platforms as walled gardens. Due to this, tech and product distribution are fundamentally transformed, and open social networks are made possible.

Source: Pim de Witte

Political

Web2 gave centralized organizations command over distribution. Web3 aims to decentralize this decision-making process by giving project communities control over governance. Decentralized Autonomous Organizations (DAOs), which are owned and operated by tokens, are emerging from these online communities. Decisions in DAOs are made by the members. Thus, formerly centralized decisions on revenue, censorship and other matters are now decentralized among DAO members.

Internet Providing new platform in freelance Journalists

Freelance journalists are those who are not the internal part of the publishing houses, but without whom both the print and electronic media won't survive even for a single day. Difference between a regular journalist a freelance journalist are that a freelance journalist writes whenever he wishes, on whatever he likes but a regular journalist has a commitment to writing, he has a deadline. The freelance journalist has to arrange his cost of reporting his own where a regular journalist sent by the media unit will be prepaid by it.

An advantage of being a freelance journalist is that he can write whatever he wishes, whenever he finds himself free to write, he can publish whichever magazine or media and also can earn money from it. If you have a passion for hunting new information and analyzing them to make a paragraph or two you too become a free lane journalist.

When it comes to the Internet era, free lance journalists have a good opportunity and exposure never seen earlier. You can get information on your own or get from the net, add your own views and publish your own. Blogger is the best example for freelance journalists. A blogger is a writer, editor and a publisher of his own. He can be a designer if he has a little knowledge of HTML and some other web languages. He can also earn money by publishing ads which google or yahoo like sites provides or can get paid from some websites directly if he is a serious writer. If you are new to the field you can get noticed by others by writing to those who are already noticed by others. Internet just works by links.

For this what one has to do is write more original contents, get linked by some high page ranked sites, write something interesting and be active. I started my career as freelance journalist 8 years ago, entered blogging 3 years ago and changed some blogging sites until I find myself satisfied with the services provided, started earning(though not a significant amount) through blogging 4 months back. Why late, you too be a freelance journalist

Now it is Bing vs Google

Bing - if you wish to insult it you can expand it as ‘But, It’s Not Google’. But certainly it is not true. Bing is a new search tool from Microsoft which looks like next version of Google, but with some added features. While Google is taking over Microsoft’s monopoly with release of new tools, it is now Microsoft’s turn to shock Google and its supporters.

Bing is much like Google, that’s why I called it as next version of Google! There is a search box with all the options for specifying search for image, maps, shopping, videos, news etc. Difference could be felt once you enter some thing for search and hit search button. 

Here in Bing, no need to click on the result link to see what is inside. Just point on the result link, a pop up balloon shows the first few lines of the content. You need not to leave the result page to see what is there in it.

Bing gives a number of options to get what you looking for. Like in Google, if you search for Katrina you get the options for image search for the celebrity along with the search result. Here in Bing if you search for name of the celebrity you will be given option to choose news, image, quotes, biography etc. Similarly if you search for a disease, you can later choose to go for causes, treatment, remedy, news.

Similar to Google, Bing also allows you to search images. In Bing you can customize the size of the thumbnail. Also, there is no need to go to next page to view more images. You feel like you are viewing image from your own system. Details like sources, pixel are hidden and will be shown in balloon when you point to it.

Unlike Google video search, you can preview the video in Bing search for few seconds by pointing cursor to the thumbnail. Again you need not leave the result page to preview video.

Bing is just a child. It lacks a lot of features that Google offers. But for a normal search use it is now preferable along with Google. Bing makes searching more easy.