One possible solution to counteract this is to create Web 3.0 by crowdsourcing the Internet. Rather than being stored on single servers, these decentralized applications (“Dapps”) will be stored on and run by computers all over the world. Decentralized media (DNN, EtherTweet, Steemit), decentralized file sharing and storage (Filecoin, MaidSafe, Sia, Storj), and even decentralized games (CryptoKitties, Ether Dungeon) are just a few of the “future Internet” projects you can try out now.
Decentralization
Dapps and Blockchains
Think of blockchains as permanent, shared record books that keep track of transactions between people (or machines). These ledgers are checked for accuracy by many different computers that have to agree on any changes made, and your assets cannot be moved by anyone who doesn’t have your private key. They are kept secure by strong cryptography and can be used by anyone with a device and an Internet connection.
Some blockchains, most notably Ethereum, are built to interact with code, meaning a computer program can use the record book to securely communicate whatever data it needs. It can be as simple as “Alice sends Bob one coin in 24 hours” or as complex as the Golem app that allows Alice to automatically pay Bob for giving her his computer’s unused processing power. Put briefly, a Dapp is a program that connects users and providers of a service using a blockchain.
Why should you care?
There are a few reasons you might be excited:
- This could make the Internet more secure, reliable, and private. Spreading small amounts of encrypted data across many computers makes it less hackable, less likely to be unavailable, and less exploitable.
- Dapps (ideally) have no single point of failure – they can’t be taken down by a glitch, a hacker, a company, or a government.
- They are much more flexible, trustless, and transparent than traditional apps. Decentralized open-source programs are guaranteed to run exactly as written since no single entity controls them.
Why you should be careful
It’s still very much the Wild West out there. Free-flowing investment money, inexperienced users, and a relative lack of vetting means that there is a scammer or piece of vaporware (software concepts that overpromise and don’t deliver) for every legitimate app.
Blockchains are generally secure; Dapps may not be. They use the blockchain, which means they tend to be much less exploitable than centralized apps, but they are only as tight as their code. Major thefts have already occurred, and more are likely to come
How to get involved
Upgrade your browser for Web 3.0. Install the Brave browser or get the Metamask extension (available for Chrome, Firefox, and Opera) to enable your computer to interact with Dapps.
Find a Dapp you like! Check out State of the Dapps or look up some other independent projects.
Look up user guides and tips on community forums/subreddits to help you get started. Many of the more popular Dapps have active, helpful communities.
At some point you’ll probably need some cryptocurrency. Since most Dapps run on Ethereum, and Ethereum is easily exchangeable for other cryptocurrencies, you can head over to some of the more user-friendly exchanges to obtain some ETH.
Once you’ve gotten your Dapp working, all you need to do is keep up to date with any changes that might impact its functionality. Welcome to the decentralized Web!
Some apps you can try now
- State of the Dapps is a sort of “App Store” for Dapps where you can find everything from”CryptoKitties” to “Gnosis,” a decentralized prediction platform
- DNN – decentralized news
- Steemit – decentralized content creation and curation (compare to Reddit)
- OpenBazaar – decentralized market for everything (compare to eBay)
- Decentraland – decentralized virtual reality
- Storj and Sia – two different file-storage cryptocurrencies that are both currently working, though they are still in the “you have to be kind of a techie to use it” stage.
Conclusion
Dapps are an exciting part of the larger cryptocurrency picture and may shape the future of the Internet itself. While most Dapps are still at the testing or research stage, they all have big ideas for disrupting the current system. Ultimately, Web 3.0 may end up being hosted on your laptop and smartphone.
Image credit: Classivertsen via Wikimedia Commons, Descryptive.com
Andrew Braun is a lifelong tech enthusiast with a wide range of interests, including travel, economics, math, data analysis, fitness, and more. He is an advocate of cryptocurrencies and other decentralized technologies, and hopes to see new generations of innovation continue to outdo each other.
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