{"id":47991,"date":"2019-10-02T11:56:14","date_gmt":"2019-10-02T09:56:14","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=47991"},"modified":"2019-10-03T07:11:50","modified_gmt":"2019-10-03T05:11:50","slug":"here-are-three-projects-that-are-building-the-internet-of-the-future","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/here-are-three-projects-that-are-building-the-internet-of-the-future\/","title":{"rendered":"Here Are Three Projects that Are Building the Internet of the Future"},"content":{"rendered":"

Following the release of the <\/span>Bitcoin<\/span><\/a> whitepaper in late 2008, thousands for cryptocurrency projects have been launched. The vast majority of them have been unsuccessful because they didn\u2019t really have a unique value proposition.<\/span><\/p>\n

Starting with Ethereum and Nxt, blockchain-based platform developers have tried to create decentralized networks based on a variety of protocols including proof-of-work (PoW), proof-of-stake (PoS), <\/span>delegated proof-of-stake<\/span> (DPoS), sharding, among many other techniques.<\/span><\/p>\n

Although blockchain developers have used different approaches to building platforms for the modern internet, most of them have common goals. Those being providing a high level of security, scalability, and a sufficient level of decentralization. Often referred to as the \u201c<\/span>Blockchain Trilemma<\/span>,\u201d software architects have struggled to achieve all three of these development goals.<\/span><\/p>\n

Some projects such as <\/span>IOTA<\/span> and <\/span>Shardus<\/span> have also decided not to use a blockchain to develop their decentralized networks. In this article, we take a very brief look at three different projects that are focused on some of the same development goals, including building a free, democratic, and more accessible internet.<\/span><\/p>\n

The developers at the <\/span>ThreeFold Foundation<\/span> are planning to build a \u201ccomplementary\u201d internet that aims to solve the problems facing the internet of today.<\/span><\/p>\n

According to the ThreeFold team, the internet we use today is not neutral because its infrastructure is not distributed. Today\u2019s internet is also not secure and it cannot be managed in a cost-effective manner. Moreover, it\u2019s not environmentally-friendly.<\/span><\/p>\n

As noted by the ThreeFold team, the internet, as we know it today, has not been built to handle the potential future demand of internet capacity required to support emerging technologies such as Big Data, internet-of-things (IoT), and artificial intelligence (AI).<\/span><\/p>\n

The internet we use today is controlled by a few very powerful and influential corporations that see users as a product, the ThreeFold team notes. The internet of the future must be \u201cresponsible and democratized.\u201d It should protect users\u2019 privacy while maintaining neutrality and security.<\/span><\/p>\n

Interestingly, the ThreeFold Foundation is not the only organization that\u2019s planning to contribute to the development of an improved internet. The developers at MaidSafe have similar goals.<\/span><\/p>\n

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"The #SAFENetwork<\/a> can\u2019t stop propaganda or ensure all content on the Network is truthful. Nor would it try to. But we can – and are – building a Network of truth that fundamentally, is free from manipulation by individuals or groups."https:\/\/t.co\/VuhrW5o589<\/a> pic.twitter.com\/fb0LkfHlcS<\/a><\/p>\n

— MaidSafe (@maidsafe) October 1, 2019<\/a><\/p><\/blockquote>\n