RSS3 aims to be the decentralized information processor of Web3
The developers behind the project noted that the deployment of RSS3 could take up to 6-8 months. Really Simple Syndication (RSS), the first information distribution protocol that saw massive adoption across the internet is all set to take on Web3 with a decentralized information processing protocol called RSS3.In a technical whitepaper released on Monday, RSS3 laid out plans for taking its popular internet feed update to Web3. RSS3 would offer every entity an RSS3 file that will act as source data and be updated continuously. The source data file then can be used as an aggregation of all....
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The Web3 development platform's valuation saw a massive jump of $6.7 billion in just three months since Oct. 2021. Web3 development platform Alchemy announced a fresh round of $200 million funding, bringing up the company’s valuation to $10.2 billion, just above the decacorn threshold.The latest funding round was led by venture capital firm Lightspeed along with Silver Lake, an American global private equity firm. Alchemy’s funding also saw participation from previous major investors as well. As Cointelegraph previously reported in Oct 2021, Alchemy attained a $3.5 billion valuation....
Cointelegraph breaks down Web3 and how it can create a better version of the internet and give back control to the people. In the newest episode of Cryptopedia, Cointelegraph's Jackson DuMont dissects Web3 and gives an insightful overview of how the next generation of the internet works. DuMont discusses the basics of Web3 and how it’s different from its predecessors Web1 and Web2.Web1 was the first version of the internet, which occurred from 1991 to 2003. It involved static and read-only HTML web pages with simple design, and DuMont described Web1 users as only "consumers of content." On....
The debate over ownership in Web3 has waxed on stronger as prominent figures like Elon Musk and Jack Dorsey have continued to fan the flames. This has prompted those in the space to come to the defense of Web3 and provide much-needed explanations about Web3. One of those is a croissant on Twitter which makes informative threads revolving mostly around Ethereum. This time around, the croissant replied to SpaceX CEO, Elon Musk, regarding his stance on Web3. Musk had posted a tweet mocking the innovation asking if anyone had seen it, as he joked that he couldn’t it. Subsequently, the....
Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata. Decentralized identity (DID) and compliance services will become a “key infrastructure” to the success of decentralized finance (DeFi) and the transition of real world financial assets onto the blockchain according to Fabrice Cheng, CEO and co-founder of Quadrata.Speaking with Cointelegraph, Cheng said the key driver behind the demand for DID will come from Web3 protocols, which will utilize the DID of users to....
Decentralized autonomous organizations are a central function of interaction across the Web3 space, where creators are earning more than ever before. What we call Web3 will be centered on an ecosystem of technology products that are decentralized, based on blockchain networks, interoperable, and without a traditional trusted validator (such as corporations, institutions and government bodies). But exactly what does this mean? What is Web3?Web3, a term coined by Gavin Wood, Web3 Foundation president, is the next phase of the internet and, perhaps, of organizing society as a whole. Web1 was....