In decentralization, we trust, and in our community, we believe!
This interview is part of the #Decentralized-Internet writing contest! For those reading about it for the first time, HackerNoon has built a partnership with Everscale (Formerly Free Ton) - a decentralized, community-powered blockchain movement for free internet! This is the last month to participate in the contest. You can see all #Decentralized-Internet stories here.
So, without further ado, let’s start the interview.
Well, my day job is that of a Cloud solutions Architect, which in itself is a start to decentralization moving beyond the physical data centers, albeit within an organization. My extra-curricular interests have revolved around blockchain and metaverse tech for a while now.
I also own a few parcels of Land in the Sandbox, and I spend time in Decentraland and Somnium space at various events. Also, I am working on creating experiences on my Lands and helping out projects with their metaverse journey.
The pro - In one word, governance. Whilst it may be hard to argue against decentralization where there is no place for government regulation, there is no denying this could potentially be a problem. One example is extremist groups can utilize decentralized communication, and with no central entity in control of the mechanism used to disseminate their information, how can we shut it down. The same also can go for cyberbullying.
The cons, governance, some governments’ definitions of what they could consider extremist groups could be stretched out to include anyone from protesters to a book reading group. The centralized internet also allows organizations too much control of personal data.
Decentralization will take our personal data out of the hands of organizations. We will no longer need to store our personal data with the likes of Facebook and Google, who make their money by monetizing that data. The individual will be in control of their own data.
As I’ve stated in our internet activities are under constant surveillance, our user data is regularly tracked and collected by corporations, by application developers, and by governments. In a decentralized peer-to-peer blockchain alternative, the community will own and operate the infrastructure, taking control from governments and corporations.
A decentralized internet based on blockchain will ensure data security. It makes the internet a public resource. Existing Internet platforms, user data, and applications are typically hosted on central servers, allowing companies to create detailed profiles of their users. This data has been used to manipulate populations and election results; we only need to look at Facebook’s
Blockchain technology on a decentralized internet will mean your profile data is yours to keep or share when you decide to. All you will need to access applications is your Blockchain wallet. You won’t need hundreds of login names and passwords to remember. A hacker will gain nothing from hacking an application to learn usernames and passwords because there are none.
The unbridled freedom that comes with decentralization means that without the rules and regulations of a centralized platform, people can take advantage of this freedom to spread hateful views and misinformation without fear of being banned.
The answer to this challenge can be decentralization in itself. The blockchain is inherently transparent, and this kind of false info could be filtered at a user level. However, this does put the reliance on the user to do their due diligence. This can only be a good thing and again puts the power in the hands of the user.
As mentioned in my last answer, the freedom decentralization brings with it and the advantage this will give those who wish to perform harm. The majority of communities will undoubtedly self-regulate appropriately; however their always exceptions.
A Decentralized internet is going to change a lot of things, it’s going to have a bit impact on the current major centralized internet organizations. They will no longer be in control of the user will. It’s going to become much more integrated into everyday life, and you will have control.
You’ll no longer be subject to what Google or Facebook want you to see. You’ll make these decisions you’ll decide what info to share.
The truth is a truly decentralized internet could well be a long way off. It will rely on the interoperability of a lot of permissionless platforms. I think Meta has the user numbers to rule at the moment and will be around for quite a while.
However, as your average, non-technical user gets used to this on Meta platform, which I have no doubt will be permission-based (read my article About-my-ambivalence-towards-a-centralized-metaverse to understand why). This will change, and users will migrate to decentralized apps eventually.