What do Larry Sanger, the co-founder of Wikipedia, Tim Berners-Lee, the inventor of the www, and millions of people around the world have in common who believe in Web3? The key word is decentralization.
Larry Sanger argues that the IPFS system (Interplanetary File System / Interplanetary File System) is the right system to achieve decentralization and also consumes much less energy than blockchain. This American philosopher, together with Jimmy Wales, founded Wikipedia in 2001 with the original idea that this website would serve as a place where all opinions can be found. But Sanger saw that the original meaning of Wikipedia was betrayed when, as he himself declared, he confirmed that information about Joe Biden and any news that spoke against the Democrats had been deleted or destroyed. He condemned that Wikipedia had been taken over by one of the parties, so that the information provided by the web he created was no longer reliable and left. He is currently working on the creation of the Encyclosphere. In a nutshell: it’s an encyclopedia of online encyclopedias. Thus, all viewpoints on the same subject can be found.
Tim Berners-Lee is responsible for the World Wide Web, the three Ws that allow us to stay connected through the Web and create pages for our businesses, for example. For this computer scientist, the biggest issue posed by the internet today, and suggested by those who advocate blockchain as a trustworthy and transparent medium, is the security of our data. There are problems in the traffic of personal data in central applications that manage the Internet.
This isn’t new, but for Berners, blockchain isn’t the solution either, precisely because of the degree of transparency that blockchain offers. He advocates working on Web2, which we currently have, and for this, the so-called Project Solid, which focuses on data security.
On the other hand, there are those who argue that the decentralization of the internet is through the open source decentralized blockchain/blockchain, where no one can go their own way except by consensus.
Regardless of the development and adoption of the new Internet, we agree that centralization is not always a good thing. There are cases of censorship or why not, blocking of funds. Imagine that you are using a corporate wallet and for some reason you decide that you will not move the money in it. This is what happened to the Valencian company Bitnovo, which is included in the register of companies that the Bank of Spain has allowed to operate on Spanish territory. , I would dare say this in all the police stations in the city of Alicante but we will leave it in one. Bitnovo, FIAT money, acts as a legal tender, in this case the intermediary between those who hold the euro and the person who wants to buy Bitcoin, for example. Here’s how it goes: You buy a Bitnovo coupon from a tobacconist, supermarket or any affiliate. The Bitnovo app is downloaded. The coupon you purchased has a code that must be entered in the application in order to exchange the value of the coupon in Euros with Bitcoin. The problem arises when the Bitnovo coupons don’t quite match what it literally says: “Choose the cryptocurrency and the wallet you want to buy it from.” There is only one option to send the money, and that is to your wallet. You can see the documentation of this complaint on Twitter at #BitnovoBloqueaFondos. It’s not all bad, there are just bad actors like everywhere else.
Source: Informacion

Brandon Hall is an author at “Social Bites”. He is a cultural aficionado who writes about the latest news and developments in the world of art, literature, music, and more. With a passion for the arts and a deep understanding of cultural trends, Brandon provides engaging and thought-provoking articles that keep his readers informed and up-to-date on the latest happenings in the cultural world.