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RE: Web 3: Democratizing Ownership

in LeoFinance2 years ago

Is it safe to say that Web 4.0 will feature the democratization of infrastructure?

This remains a highly centralized or concentrated area of control by a few players. IPFS (Interplanetary File System) and Filecoin are two ways to democratize file storage, but then there is the cabling or wiring (either copper-based coaxial cabling or fiber optic cabling). Add to that the antennas and the towers.

Tokenization of these resources may solve the problem, but other solutions may exist which haven't come to light.

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Now you have broached the subject of Web 3.0 to Web 4.0. Each generation of advancement builds upon the previous and hopefully is better.

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Total decentralization should be the idea, but some things are easier to decentralize than others. So we go for the low-hanging fruit first, then we figure out how to do decentralization at a higher level. Even if we don't achieve total decentralization, we can provide a path for others to follow later.

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