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Can Mass Adoption Be a Reality for Web3 Soon?by@gabrielmanga
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Can Mass Adoption Be a Reality for Web3 Soon?

by Gabriel MangalindanOctober 26th, 2022
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Web3's decentralized nature is a significant departure from the internet's prior incarnations. This makes it possible for platforms to be set up and run without the need for centralized servers and middlemen. Decentralized governance can be very beneficial for users because it promotes individual agency and democracy by allowing citizens to participate in the organizing and running of a platform. There are many Web3 applications that users can access today, but widespread adoption in its current form does have some hurdles. Governments and regulatory bodies may attempt to push back against the concept since the increased privacy and autonomy make it more difficult to track users.

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Blockchain technology has brought new protocols and tools into the digital world. Over the years, we have seen users adopt cryptocurrencies, NFTs, DAOs, and more.

This increasing adoption of blockchain-based technology shows a clear trend of users moving towards a Web3 era. We can expect this trend to continue as blockchain technology becomes more popular with the masses.

Web3's decentralized nature is a significant departure from the internet's prior incarnations. While the original internet was made up of just static web pages, the current iteration focuses on user-generated content stored on platforms owned and operated by a handful of powerful corporations.

In contrast, blockchain technology allows for decentralized data storage on Web3. This makes it possible for platforms to be set up and run without the need for centralized servers and middlemen.

For example, decentralized data storage works by breaking files into multiple pieces, then stored in multiple distributed computers, so there is no single point where the file is hosted. With several copies spread out over the network, it becomes impossible to change or alter data. 

So, no one but the owner can see or change the data, no matter where or who runs the server where the data is stored. This is because you need either the permission of the data's owner or the agreement of the whole network to access or change the data.

Secure email could speed up the mass adoption if Web3

Mailchain, the company building the multi-wallet communication layer for Web3, added support for Ethereum Name Service (ENS) domains to its secure email platform. Following the recent public launch of its Web3 inbox, Mailchain users can now send and receive messages directly to their blockchain wallets by using their .eth identities.

The Ethereum Merge ushers in a Web3 renaissance with a new enthusiasm from blockchain users and developers. Kicking off a new era for Web3, the influx of users can enjoy the more entertaining aspects of blockchain development, such as gaming and NFT communities. But to step beyond those niches and fulfill its promise of creating the new internet, Web3 requires a robust and organized communication infrastructure for a wide range of industrial use cases, a prerequisite for its success that has been sorely underdeveloped.

Mailchain aims to solve the Web3 organization problem by offering a platform on which users can send messages securely and harmoniously between multiple blockchain wallets. Through Mailchain’s ENS integration, anyone can privately correspond via their personalized domain name. Any user with an ENS domain can now simply register the resolving wallet address in Mailchain, unifying communications for multiple wallets to one secure inbox. 

As the most widely adopted crypto wallet naming service on the market, the open-source, non-profit ENS project has emerged as a pillar of Web3 identification. Mailchain empowers the wider Ethereum and Web3 communities of users, projects, creators, and DAOs to relay vital developments and news in one user-friendly platform.

Mailchain’s open-source, web-based application enables secure and easy communication and organization in Web3. Designed to resemble and function like traditional email, Mailchain’s users can send and receive wallet-to-wallet correspondence through their personal blockchain addresses. The platform operates with no charge or gas fees, creating an accessible communication layer for multiple blockchain wallets in one private inbox.

“Email is still the most fundamental way to communicate online, and our inbox leads the charge on fostering meaningful and secure Web3 messaging,” says Tim Boeckmann, CEO of Mailchain. “Integrating ENS domains into the Mailchain platform is a vital next step to position our project as a gateway to onboard more users into the Web3 ecosystem.”

“Mailchain integrating ENS to its platform represents a new way for our user community to effectively communicate with each other,” says Khori Whittaker, Executive Director at ENS. “ENS is part of the basic infrastructure of Web3, and we welcome innovative and exciting projects that help expand how users can utilize their domains.”

Could Web3 be a reality in the near future?

There are several reasons why Web3 is likely to become a reality sooner or later. First, users have a greater sense of privacy due to the decentralization present within blockchain technology.

In addition, with the growing frequency of data breaches, users may be happier with decentralized alternatives to traditional centralized systems.

Furthermore, users also get to have full control over their assets and data. This is a radical change from the current internet experience, where centralized entities typically control user data. This data can even be sold to other corporations, sometimes with the end user unaware of the data sharing.

DAOs can replace centralized platforms by putting authority into the community's hands. Decentralized governance can be very beneficial for users because it promotes individual agency and democracy by allowing citizens to participate in the organizing and running of a platform.

While there are many Web3 applications that users can access today, widespread adoption in its current form does have some hurdles. For one, governments and regulatory bodies may attempt to push back against the concept since the increased privacy and autonomy make it more difficult to track users.

In addition, governmental organizations may prefer some degree of centralization so it is easier to track down malicious actors. However, only time will tell how governmental organizations respond to Web3.

Conclusion

As with every technological advancement, there will be obstacles presented by the newest innovations that must be overcome. Many companies have begun using Web3 technology, while others are only beginning to see the possibilities of this emerging concept.