Web3 — the third generation of the internet — refers to a decentralized and distributed version of the web that uses blockchain technology, and other decentralized technologies, to enable greater user control, privacy and data ownership. It aims to redefine how we interact with digital services, moving from traditional centralized models to decentralized peer-to-peer networks.
“The benefits of this approach largely center around being trustless, permissionless, tamper-proof and censorship-resistant. These are increasingly important problems/issues, especially on corporate-owned Web2 cloud platforms, and Web3 does a great job addressing them.” For example, Fleek enables users to build websites by hosting their files using the IPFS protocol. When a website is deployed on the network, users get an IPFS hash, and the websites are archived to Filecoin. Users have software development kits and graphical user interfaces to interact with the storage infrastructure.Moreover, Web3 enables the use of smart contracts. Smart contracts are self-executing contracts with predefined rules and conditions encoded within the blockchain.
High-storage applications require efficient utilization of storage resources. Therefore, blockchain networks need to optimize data storage to reduce redundancy and improve storage efficiency. Techniques such as data compression, deduplication, and data partitioning can be employed to minimize storage requirements while maintaining data integrity and availability.
Fleek’s Hines told Cointelegraph, “Scalability is still an issue that all Web3 storage protocols need to work on, and it’s an issue we are specifically addressing with Fleek Network. Regarding IPFS and Swarm specifically, I’d put IPFS in a category of its own. In contrast, Swarm is more similar to Filecoin, Arweave, etc., in that those protocols guarantee the storage of files/data,” adding:
Since high-storage applications often deal with sensitive data, data privacy and security are paramount. Blockchain networks need to incorporate robust encryption techniques and access control mechanisms to protect stored data. Privacy-focused technologies, such as zero-knowledge proofs or secure multiparty computation, can be integrated to enable secure, private data storage and retrieval.
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