Is the world’s decentralized Internet feasible? The Internet has been one of the greatest inventions based on decentralized systems since ancient times. Today, the Internet is dominated by high-tech Internet service providers. They are controlled by the system and can monitor global Internet users. This makes the Internet a new type of prison, and blockchain technology can give us freedom. This may be the next benefit since the popularity of the Internet. But the other side of the digital Internet world suggests that the Internet may be quietly becoming a new type of prison, our lives are being monitored, and our personal choices are unwittingly affected. IT giants, such as Google, Yahoo, Microsoft, Facebook, Twitter, etc., know that the Internet makes personal information the most valuable commodity, and for Internet users, personal information is no longer private. Power should not be in the hands of only a few companies, and experimenting with new technologies can bring innovation and change.
The decentralized Internet will depend on peer-to-peer networks built on the user community. Although it is possible to run a decentralized Internet without blockchain technology. But most innovators want this technology to be the key to peer-to-peer networking capabilities. Decentralized Internet means that the network runs on multiple machines owned by ordinary users, rather than being centrally located like a server. Today, the Internet is a hybrid of decentralized and centralized networks. Anyone can create a distributed peer-to-peer network that connects directly to devices such as BitTorrent. Richard can theoretically build this “new Internet” in several ways. This will be the first milestone for a mesh network. The blockchain was introduced as a technology that powers the next generation of the Internet, the decentralized web3. More and more startups are trying this form of soft control, and a decentralized Internet is imperative. A decentralized Internet can help us get rid of the power of giant companies to control data.
The shift from centralization to decentralization will be a dramatic change in the way data is stored and shared. Decentralized Internet does not use a collection server. Instead, it will rely on a system of many personal computers (PCs) and disseminate information. Each PC runs as a node, contributing power and memory to the corresponding storage system. This information will not be placed in any single storage. Therefore, hackers will not become a major problem, nor will they have the opportunity to take responsibility for material theocracy. A blockchain is a digital ledger that is a repository for all transactions. These transactions can be added when the node validates and validates the block. Transaction information and blocks do not exist in a central location, but in the entire system network. Therefore, information is immutable and protection is not limited. The blockchain propagation record uses this shared ledger system model, which is why blockchain can be used as a decentralized network.
Decentralized network based on blockchain
Whether the blockchain technology has laid the foundation for a new generation of distributed Internet-based Internet, the answer is yes. The reason behind it is not simple; a promising future can replace the monetary system. The difficulties faced by blockchain technology may affect its use as the underlying technology of the Internet. Currently, unique blockchains are fighting for each other to talk and share information. This is called “interoperability,” and is critical to driving innovation. At present, no blockchain is enough to be incredible or enough to freely become the basis of the entire Internet. With regard to the possibility of blockchain handling interoperability issues, the differences in many chains can be interconnected into the best answer for Web3.
Despite this, versatility is also a problem. Even the most special blockchains, such as Ethereum, can only handle a certain number of transactions per second. Ethereum can handle 10 – 15 transactions per second. No blockchain system can increase wide acceptance until this process limit is infinitely extended. There is no guarantee that everything in the Internet age with a lot of advanced digital characters can be recalled. With blockchain technology, we can cut it down and build a user-driven system. Blockchain technology is user driven compared to traditional internet systems. It can be said that the blockchain is creating new business models in almost every industry. It pays the right value for new applications, with more features and lower cost than existing systems.
How does the BCRC (Blockchain Research Center) view the future of the Internet? How the blockchain will replace the future of the Internet. First, imagine that the world is not an Internet, but hundreds of decentralizations in its own industry. The BCRC is called a block network, or PBNX for short, where inter-protocol (BNIP) is recalled from one BNX to another BNX. This creates a new Internet world without having to enter the network. BNX with Internet Protocol provides the necessary reverse rewards to interact and store key elements that can operate independently without relying on mining or networking. The BCRC (Block Chain Research Center) is excited to announce the next Internet beyond the network. In short, you need to access the Internet through the network, and entering BNX does not depend on the network.