How Blockchain is decentralizing whole Internet
I would like to first explain the concept of decentralization. In decentralization environment, there is no single entity controlling the whole organization. Stack holders are not some board of members but they are the users of that decentralized system.
Facebook, Twitter, Instagram, Youtube they are not decentralized organizations. They earn billions of dollar from user's data in ad revenue and the owner of that data only get a little pie of that if they are some some kind of celebrity.
In physical terms, Internet is decentralized but in reality mainstream Internet is influenced by cloud computing, web hosting, DNS services, search engine giants and so many more entities.
There are currently many ongoing projects to resolve this power monopoly like TOR, ProtonMail and many Altcoins have the capability to redistribute this power sharing.
Steemit
Steemit is wonderful example of Personal Blogging with free speech, worldwide access and with blockchain immune to hack attempts. Recently, we experienced only service down for Steemit wbesite but blockchain was up and running.Gladius
It is a new blockchain based startup to mitigate the effects of DDOS( Denial of Service) attacks with further service of CDN( content delivery network). It is a complete alternative solution for Decentralized web hosting.Nebulis
It provides blockchain solution for DNS (Domain Naming Service) and for file transfer worldwide over blockchain.Storj
We regularly synchronize our date with cloud servers like iCloud, Google Drive etc. This blockchain initiative has ability to completely facilitate decentralized data storage
So, it can be said that Internet is truly going to become free from the clutches of Tech Giants soon
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Nice information
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Man one thing I just thought of though that will be the next big step is to decentralize the internet. No matter how many decentralized products you make you still have to pay your internet provider to have access to everything. How cool would that be if the entire world had easy access to cheap and affordable internet?
Great post and I'm a storj provider myself and testing out renting my hardware. It's been fun so far.
I am much confident now that time will come soon for affordable internet.
Thank you so much for the feedback and you a making world a better place by decentralization. Keep doing the great work :)
You really are someone who knows a lot about steemit .. I need to read many articles like this .. I hope you will write more articles with more information on steemit. It is very useful for users who do not know. About this platform like me.
Thank you so much for feedback, I am happy that this was helpful for you. I'll try to keep sharing my knowledge.
: D You are doing the right thing
Interesting. I am learning :)