What is the relationship between distributed storage and traffic applications and Web 3.0?

Flowcoin
5 min readAug 5, 2021

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Since the birth of the Internet, the iteration that has gone through nearly 30 years is now in front of us. Since the birth of the Internet, it has completely changed the operation mode of human society and the development trajectory of the world. The Internet effect is sweeping the global natural economy with great momentum. This is a historic change and an epic that redefines the height of civilization in human society.

Looking back, the development of the Internet can be roughly divided into three stages: Web 1.0, Web 2.0, and Web 3.0. What are the different attributes of each stage?

In the Web 1.0 stage, the Internet is in a “reading permission only” mode. Users can only obtain information and intelligence through one-way browsing of the content of the web page. Users cannot participate in network construction and cannot obtain substantial benefits from it.

In the Web 2.0 stage, users can begin to participate in the overall ecological construction of the website, can independently generate network content and publish it to the website in real time, and participate in the development of the overall network by sharing content through the linkage network. However, the hundreds of millions of traffic data created by users in this mode are ultimately used by Internet giants to achieve personal profit. That is to say, in this period, users can participate in network construction but cannot obtain benefits from it.

So far, since the birth of blockchain technology, people have gradually begun to have a relatively clear embryonic form of Web 3.0. The general market view is that in the Web 3.0 stage, the Internet will become more open, without trust and permission. participate. At the same time, the user’s contribution to network construction can be indirectly converted into a certain value and returned to the user’s hands. Under the Web 3.0 stage, users can not only directly participate in the ecological construction of the overall network, but also obtain the benefits.

Web 1.0 and Web 2.0 bring more explosive growth of information and data, and Web 3.0 will directly bring about the free circulation of value. In the Web 3.0 ecology, the ownership of equity, such as stocks, bonds, and assets, will be reshuffled and redistributed reasonably. At the same time, the centralized role in Web 3.0 will be cancelled, and users can directly interact with applications, such as transactions, chats, data transfers, and so on. The user is the participant and the builder of the overall network, and has the right to participate in its management.

Blockchain is currently the most perfect presentation form of Web 3.0. Blockchain, because of its technology decentralization, does not require central organization management, cannot be tampered with at will, and the data of the entire network is transparent, which satisfies the overall vision of Web 3.0. At the same time, blockchain technology has also greatly promoted the development of applications such as artificial intelligence, big data, and the Internet of Things, which will empower the world’s Internet development and accelerate its transformation.

Mr. Leon, assistant to the president of Western Digital, previously stated that distributed storage technology is currently the most compatible blockchain application technology with Web 3.0. The first point is that the code in distributed storage is completely open source and cannot be tampered with by others at will. Everyone can search anytime and anywhere, minimizing mutual trust. The second point is that distributed storage is currently the only blockchain application track that blends network virtual data with real hardware. Distributed storage has three characteristics. The first is high scalability. Based on standard hardware and distributed architecture, the number of nodes is theoretically unlimited, and there are also EiB-level volume expansion; then it is easy to operate and maintain, blocks, objects, files, etc. Type storage can be managed in a unified manner; the last is to go online quickly, standard hardware is supplied in a centralized procurement mode, without separate purchase.

At the same time, in the Web 3.0 stage, a large number of nodes are required to jointly participate in the construction of the overall network. Only when the network of nodes that tends to be infinite can participate in the normal operation of the Web 3.0 network infinitely and prevent the network from collapse and failure. This also means that unimaginable traffic data will be generated. At present, there are only centralized traffic data storage solutions on the market. Users need to store personally generated traffic data in servers built by centralized network service providers. There is no doubt that this violates the concept of decentralization in the Web 3.0 ecosystem. In view of this problem, Flowcoin, a flow data storage solution that combines flow data with distributed storage, is proposed. Flowcoin is a new value network that uses distributed storage solutions to integrate and store flow data. In Web 3.0, traffic data will show explosive growth and fission, and there is an urgent need for a decentralized solution to solve the problem of traffic data storage. And Flowcoin is well embedded in this track and uses the innovative DSN storage network to effectively solve the rigid requirements of Web 3.0. The use of sharding technology can effectively achieve leapfrog progress in scalability, and at the same time decentralized ledger matching The mechanism can effectively improve storage efficiency. In addition, the entire network of transparent data can be independently controlled to prevent malignant problems. It is currently the most comprehensive and reasonable traffic data storage application on the market. In Web 3.0, Flowcoin can return traffic data and revenue generated by traffic data to individuals, and users have the absolute right to use their own traffic data. This will greatly enhance the absolute freedom of users to surf the Internet, and have a considerable impact on the overall network construction.

Web 3.0 has helped people solve the problem of centralized control and value inequality, allowing all participating users to enjoy free and independent self-control, and accelerate the development of value networks through the underlying incentives, and provide future Internet applications. Ecology creates an infinite possible basis. Web 3.0 is still in the testing phase and has not yet been fully implemented. However, from the current point of view, Web 3.0 has the potential to exceed the value of the past, by linking the virtual network and the real economy, accelerating the transformation of social production relations and realizing the reasonable distribution of wealth effects. Let everyone who participates in it get benefits, and realize an online world in which all employees participate together, make wealth together, and distribute together. I believe that in the future, with the continuous extension and breakthrough of blockchain application technology, this vision will soon appear before our eyes.

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