The Internet is at a tipping point, here’s what you’ve probably never heard coming next.
Time for a thread 👇👇👇
Time for a thread 👇👇👇
1) Let’s start with the users…
Today over 50% of the world is on social media AND on average we each have 70-80 usernames and passwords.
Each of these accounts are owned and controlled by the platforms.
Recipe for disaster.
Today over 50% of the world is on social media AND on average we each have 70-80 usernames and passwords.
Each of these accounts are owned and controlled by the platforms.
Recipe for disaster.
2) In 2021 American adults spend over 4 hours a day online - that is half a work day.
Time is our most valuable asset, did you realize you are giving this away for free?
Time is our most valuable asset, did you realize you are giving this away for free?
3) The applications we use today are built on the foundation of ‘Free + Ads’.
You get free access.
They get YOUR account, YOUR data, YOUR screen time, YOUR community.
And the worst part? This can all be taken away at any moment.
You get free access.
They get YOUR account, YOUR data, YOUR screen time, YOUR community.
And the worst part? This can all be taken away at any moment.
4) So where do we go from here?
It starts with self-sovereign digital identities.
ONLY the user owns their identity data online without intervention from outside parties.
Available now at sites like: getdids.com
It starts with self-sovereign digital identities.
ONLY the user owns their identity data online without intervention from outside parties.
Available now at sites like: getdids.com
5) After securing your own identity online you’ll want to communicate.
However, the internet has become siloed - Few control the many.
This centralized control will boil over and expedite a migration to peer-to-peer networks.
Here’s how they work…
However, the internet has become siloed - Few control the many.
This centralized control will boil over and expedite a migration to peer-to-peer networks.
Here’s how they work…
6) Autonomous P2P networks (elastos.academy/carrier/) are free to use.
Fully decentralized, serverless, and equipped with end-to-end encryption that is randomly routed through the network.
No server to store your data - all stored locally.
Remember Napster and LimeWire?
Fully decentralized, serverless, and equipped with end-to-end encryption that is randomly routed through the network.
No server to store your data - all stored locally.
Remember Napster and LimeWire?
7) We’ve seen the immediate need for such communication channels already in 2021.
#WhatsApp migration to @signalapp
Throughout the year more competition will emerge in this space (see @hypermessenger), with their own unique features.
And this is good for us all.
#WhatsApp migration to @signalapp
Throughout the year more competition will emerge in this space (see @hypermessenger), with their own unique features.
And this is good for us all.
8) As news continues to break you might find your way to the doorstep of #Web3, but can these decentralized platforms really compete?
They can - and they will.
We all know the dinosaur #LinkedIn right? Keep an eye on @tryProfile to see exactly what I mean.
They can - and they will.
We all know the dinosaur #LinkedIn right? Keep an eye on @tryProfile to see exactly what I mean.
9) This information might be new to you, but projects such as @ElastosInfo are on their 4th year of development and offer open software for developers today.
The migration to an open decentralized internet is happening before our eyes.
elastos.info
The migration to an open decentralized internet is happening before our eyes.
elastos.info
10) If you enjoyed this thread, you should:
1. Follow me; I talk about Web3.
2. Subscribe to the newsletter @tuumtech where I give updates on products you can start using on the Decentralized Internet.
eepurl.com/ho_gXL
1. Follow me; I talk about Web3.
2. Subscribe to the newsletter @tuumtech where I give updates on products you can start using on the Decentralized Internet.
eepurl.com/ho_gXL
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