Formula Web 3 according to Internet Computer Protocol (ANALYSIS)

ICP model for web3 with meaning.

Behind the definition Web3 the most obscure projects were hidden. An acronym that for many – including us – was born empty and that someone is still trying to fill. One of the most interesting cases, in terms of the articulation of the proposition, is that of Internet computing protocolwhich has long been proposed as a concrete and functional alternative to Web 2.0, the centralized version of the Internet that we are all used to using.

The goal is certainly ambitious, and we had the opportunity to talk about it with the project manager Dominic Williams in an exclusive interview for our newspaper. At the request of our readers, we will briefly examine what an effective Web 3.0 means, at least in the field of ICP, which integrates decentralization, community ownership and a fundamentally different paradigm than the web based on the large AWS clouds, Microsoft and other companies of this type.

The ideas are interesting, several of them have already been successfully implemented and it would be worth talking about them in more detail.

Envisioning the web on the blockchain: ICP’s vision

The vision is interesting, especially because it openly contradicts what has rightly been said blockchainat least for the old generation: they are redundant, slow and cannot offer performance that is in line with that of web services.

What is an ICP chain

ICP try doing things differently, based on different points of attack on biases that can obviously be addressed.

  • Internet services are finally open

It is mentioned in the ICP documentation about Open Internet Services, which are open internet services. But in what sense? In the sense that they are distributed on the blockchain, and generally governed by DAOs that anyone can participate in. The case being made is OpenChat, which is indeed in to arrange directly on the ICP infrastructure, it runs and offers performance comparable to that of centralized services.

Data is also stored on the chain, allowing communities and participants to really own it, without transferring and keeping what happens under control. Paradigm if we want exceptionally different from what we are used to.

  • Community owned

If the first generation of the Web allowed for the consumption of content, Web 2.0 arrived offering a paradigm focused on the production of content by users. The third generation web, again following the paradigm offered by the ICP, will focus on ownership of what is produced by the community and creators in general. Tokens, NFTs, but also Administration: Decentralization also goes through this.

  • Establishment by those who use the application

With a mechanism that is more efficient than methods, even centralized ones, of monetization on Web 2.0.

The paradigm, therefore, exists, is articulated and already offers solutions. Just as we are at the performance, a sign that something can be done in this area as well, if only we make an effort to fill the once empty formula with technique and content.

Will it work?

Time will tell: for now we can count on dozens of interesting applications that work as promised and that use ICP as their infrastructure.

We are working on it, no doubt about it. And we work more on technical than on marketing. This is probably the only way to overcome certain resistances and to truly offer value both users and developers in a more decentralized environment than today.

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