Web3.0 era: open, confidentiality, co-construction

Contents

With the help of decentralized technology (blockchain), Web3.0 overthrows the Internet Web2.0 in terms of openness, privacy and shared design, creating a decentralized world dominated by user communities and reshaping the paradigm. Internet operating costs.

In the era of Web 2.0, many ecosystems have developed with the Internet as their foundation, with large Internet companies monopolizing data, tariffs and network disruption, and having a positive impact on these ecosystems. The most important investment in the Internet world is access (listening to users and flow of investment). All of this will change dramatically in the Web3.0 era. The Web3.0 world is completely open and user behavior is not limited by ecological isolation. Basic logic) Completely protect user's personal data by swimming, encryption algorithm and worldwide distribution Web3. In the Web3 world, content and applications are created and managed by users, realizing the value of user sharing. , integration and integration management.

Web 3.0Its main characteristics are openness, privacy and integration.

The openness results in:

1) User access to certain Internet application "settings" is completely free and has a low starting point.

2) User behavior is not restricted by third parties, Internet applications affect so-called intra- and inter-ecological boundaries, and there are many levels of connection and difficulty of use. Inheritance, NFT and other combinations even used without permission. , in the event of non-delivery, a world-class integration still rich in Web3.0.

3) In addition, applications based on different processes in Web3.0 can interact with the "cross-chain" protocol.

Personal information is assigned in:Ownership of the data remains the property of the user and no third party authorization is required for the exchange rate.

Current partnerships include:In the Web2.0 internet application, creation of user content is restricted in several ways (restricted by monitoring platform, restricted on all platforms). There are many restrictions on community management, so user financial sharing with developers is limited as well. caught. Web3.0 will break down these barriers, and the mechanism supported by blockchain tokens will help return the value of content marketing to developers. Another area of ​​development and integration is management, or DAO.

A new transport paradigm.Web 3.0 will not only compete for listening and users' financial resources. Due to the complexity of the process and the ease of access for users, the number of calls is often greater. At the same time, the rise of Sandbox, Roblox and Minecraft will allow the market to see improvements from 2D to 3D, which will create more interactive spaces with more of our images aside.

About the landingWeb3.0 is full of speculation and its final landing page cannot be decided at this time. But there are already signs of differences. In the transition to Web 3.0, there is a mix of Web 2.0 and Web 3.0. Examples are the Opensea and Metamask portfolios.

still browserapplication?Traditional Web 3.0 applications are generally accessible through web browsers on PCs and mobile phones. Unlike the era of Web 2.0, where businesses like to build independent applications and PC users, Web 3.0 can break this trend. It may be easier for applications and users to record information about user behavior, and it may be easier for key businesses to manage green applications.

Additionally, in this article some of the discussions and considerations were created by reviewing the Web 3.0 era..1) Stablecoins - Pre-meet and integrate into a normal custom process 2) Privacy - Application layer to complete KYC, easy, manageable and anonymous support 3) DAO management - discussion level, intervention tracking is always available.

report incidents: Adherence to blockchain industry standards lower than requirements, regulatory uncertainty.

1. Key points

With this surprise, we are talking more and more about Web 3.0 in the industry, what is Web 3.0? What are the features of Web3.0? Why do you need Web3.0? As the first Guosheng Blockchain Research Institute article introduced the Web3.0 series, we intend to research and analyze the above-mentioned questions without any standard answers.

From a macro perspective, we believe Web 3.0 will be the central network architecture of the current metaverse debate. With the help of decentralized technology (blockchain), Web 3.0 will move into three main areas: open, private and integrated. Web2.0 A concept that has influenced the Internet, established global governance by the user community, and redefined the Internet business value paradigm.

In the distant but ideal paradigm of Web 3.0, the benefits of ecology, information, and transportation costs have been fostered by the vast Internet era of Web 2.0 bygone, along with openness, privacy, and security. collaboration. Web 3.0 applications are pushing the boundaries of the Web 2.0 ecosystem, with an unlimited mix of apps and applications, and users will be competing openly in the Web 3.0 world, on privacy issues against everyone else. Unleash creativity and facilitate the development of new applications and content concepts in the Web3.0 world, while reversing the cost of mobility for users and communities.

2. Where did Web3.0 come from and where is it going?

Now the Internet Web2.0 seems to be a "dog" of all functions, and people are forced to talk about the demise of Web2.0 revenue sharing. From 2008, the blockchain began to impact the entire digital world in a decentralized way, from the first point-to-point payments, especially in recent years, the phenomenon experimenting with new digital networks with the advent of innovations such as smart contracts, DeFi, and NFT. The paradigm is possible. The digital world behind electronic screens and end-to-end devices will be governed by Web3.0, and management will be moved through the Internet mogul for users.

The Web3.0 model is still unclear and the Web2.0 giants don't seem to be feeling overwhelmed, but community changes are likely to change soon.

2.1.From Web 1.0 to Web 3.0: the Internet is gone

Looking at the Internet changes from Web 1.0 to Web 2.0, we can see the changes surrounding auto racing and auto racing. From Web1.0 to Web2.0, traffic was slow after moving from an ephemeral device (shortly after the advent of the internet) to a racing entry point to do business (popular on the internet) . From PC Internet to mobile Internet. Web1.0 and Web2.0 can be considered as the days when traffic was king. Innovation continues from infrastructure to demand level, but the logic remains that traffic is king. Green companies that manage users driving vehicles behind the scenes will enjoy the largest market share. Therefore, information on user behavior and user experience is within the limits of the green industry, and user design and configuration activities are limited, and data cannot be recovered. These similar situations are more common, such as restrictions on cross-platform payment methods, blocking cross-platform hyperlinks, etc. The traffic is not limited to the satisfaction of the users and corresponds to the same financial flow as the erosion of the financial resources available through Web 2.0.

In the era of Web1.0, Web2.0, user behavior is restricted, users' personal information is not fully protected, and even user creation and export. Effort on the Internet Like Douyin, it's simple. The user experience of the video platform is also monitored by the platform, and the form and content of the design cannot be separated from the instructions and limitations of the platform itself. The platform brings the experience of most users with one hand. Cars vs. cars

You can call it Web 2.0.Ecosystems were created at a time when Internet giants were at their core, in which Internet companies essentially "dominate" the ecosystem and monopolize the ecosystem's data, value, and network impacts. .

All of this will change dramatically in the Web3.0 era. The Web3.0 world is fully open and user behavior is not limited by ecological isolation. Basic logic) swim in the Web3 world, protect users' personal information through cryptographic algorithms and allocate storage space, create content and applications in the Web3 world and are controlled by the users used for the integration and governance (DAO, decentralized governance) and users. indicates the value of the platform (protocol).

In addition to the differences between the online model and the user experience, Web3 will bring a new standard entry. In the age of the Web2, there will be some nice changes in consumer accessibility preferences.

From decentralized point-to-point ledger experiences to decentralized smart bond platforms, the decentralized technology represented by blockchain has spawned countless new applications (Dapps), and DeFi has emerged as a 'financial' platform. in the digital world. “And NFTs are accelerating on assets. We know that users are moving beyond the traditional world (online and offline) and moving closer to the digital world they are mixing. Together, meanwhile, people are in a new place. the online world, in other words, we are asking for a change that can improve the relationship between self and property, and where communities can have strong control.

This is a brief history of changes in Web 3.0.

This report examines the characteristics of Web3's openness, privacy, and integration into several specific models, and examines the implications of the new transports and the positive outcomes.

2.2.The Web3.0 ecosystem has been created

The Web 3.0 technology suite can be divided into three layers: the process layer, the application layer and the network layer. All of these are built into most of the blockchain (of course, the process block can have external components as well). From an application perspective, Web 3.0 covers almost every area of ​​Web 2.0, including CAD (and tools), privacy, usage, storage and data, features, games, developers and interviews.

Many Web 3.0 applications have emerged over the past couple of years with the growth of the cryptocurrency industry, but many of these applications can become tradable products. Although some of the implementation is not good in the business model and user problems, and does not affect the global demand more than Web2.0.

However, the Web3.0 ecosystem is designed for some, and Web3.0 will be released a bit further with further research.

3. Articles for Web3: An Open, Private and Shared World

3.1.Open: Web3.0 Destroy the ecological environment

Web3.0 openings are affected in:

In some applications of the Internet "zone", user access is completely free and has a low initialization.

User behavior is not limited by third parties, the internet application destroys the first place called boundaries and barriers in and between ecosystems, and like the concept of hard work, the application must be integrated and the path . The most direct issues are: any app, called DeFi Lego, can call or assemble the following processes (such as DEX) and real estate hardware design products for chains (no relationships). The boundary between the virtual and the real, called online and offline relationships.

In addition, in Web3.0, applications in different procedures can interact with the switch-chain protocol, so the behavior of users in multiple applications in the Web3.0 world creates similar images of relationships, adding value. information. can improve. Unleash your abilities.

Compared to a game application, users can easily enter the game world without any third party restrictions, users can place their favorite characters / graphics in the game, and even have their characters take control of the platforms. -forms / domains. In Web 2.0, you can't decide which character to choose in a game like King of Glory, and you can't bring your favorite King to World of Warcraft. Because the control is not in the hands of the user. Of course, you can market gear like skins (with the help of NFT) and create game gear stimulating gear based on other DeFi rules. In short, the survival of Web3.0 was obtained in a cross-platform application between virtual and real.

This article uses ENS, MASK Network, and Polkdot as examples to illustrate the concept of openness.

3.1.1.Ethereum Name Service (ENS): distributed authentication and domain name system

The Domain Name System (DNS) is an integral part of native Web2.0. When a user connects to the Internet, the server identifies the user's request URL in the IP address and returns it to the user.

For example, the IP address associated with a domain name www.https: //www.bilibili.com/ can be http://119.3.211.130. This readability of multiple domain names reduces the difficulty for users to access URLs and makes it more efficient for Web 2.0 applications. DNS solves the problem of accessing Web2.0, but due to the constant increase in URLs and the importance of Web2.0, most users have to create multiple web accounts to access these different sites. In response to these issues, many apps support direct access using several third-party social media apps (such as WeChat), but most of these big sites have been directly broken and cracked, which has resulted in many accounts. There are still users who need it. Register. Typically, users should sign in to applications using a domain name and account number managed by the central agency. How can users access multiple internet applications with lower levels without permission?

Unlike the core of Web2.0, user access behavior in the Web3.0 world is based on Decentralized Identity (DID). The most commonly used DID mode is for users using only a chained account (blockchain public key address, 42-bit string starting with 0x) to access multiple DApp Web3.0, for example, limit a sign. It provides easier and simpler access for Web 3.0 users, but it is difficult to remember and read public keys for too long. The development of ENS (Ethereum Registration Services), a domain name developed by Ethereum, has solved this problem by integrating the user's wallet with a domain name, such as forwarding into wallets like 0xaa111aaa1aa11aaa11a111a111aa1a1a11aeth. to11o1 commit to Signing up makes it easier. When they access multiple DApps in the future, they will be able to access the GuoSheng.eth domain name and users will be able to use that domain name to perform transactions and other transactions.

In essence, the openness of Web3.0 allows users to simply use a single account (wallet address) to perform various tasks, such as accessing DApps and interacting with other users. The emergence of ENS resolves the readability of user interactions in Web3.0 and facilitates individual login.

ENS developed by EthereumSupport for multi-string address analysis. Users can identify different sites of the same ENS domain name on different chains such as Bitcoin, Ethereum, Litecoin, and at the same time ENS has the details of the transaction (different IP addresses in Web2.0) and resolves them. Log on to the Internet Request Web Platform.

In the future era of Web 3.0, you might think that users roaming the Metaverse (which would span multiple applications) would not be able to register and access through a short registered account.

3.1.2.MASK Network: Open House for Web 3.0

Mask Network is a set of plugins that connect to existing Web2.0 and Web3.0 applications, allowing previous users to access Web3.0. Decentralized applet (Dapplet), a state-of-the-art in-house technology, supporting small services on social networking sites (such as Facebook, Twitter and other existing Web2.0 sites)), enables decentralization of small services in the Web2 .0 medium. to know. It has since partnered with Arwea to support file submissions and archives on Facebook and Twitter.

Currently, users only need the Mask plugin installed in their browser to check the token value on Twitter or Facebook, make a trade, participate in the first Twitter offer (ITO) and join the community vote (with l 'Web3.0. application help). You can join. like snapshots). It also encourages users to share channel assets (like NFT collection and free data) on Twitter.

The opening of the mask is obvious. In other words, any user of Web2.0 can directly access Web3.0 and perform functions affected by Mask without any root in APP or platform. With a zero threshold approach, Mask brings the open world of Web 3.0 to all Web 2.0 users. In other words, MASK connects Twitter to the blockchain platform and gives users the freedom to move across multiple application platforms. It's almost impossible to do in the Web2.0 ecosystem.

3.1.3.Polkdot: The Web 3.0 Competitions Bridge

Marketers often ask: Is there a single future metaverse or multiple metaverse? Can they communicate with each other?

Interoperability can be divided into several stages: application layer, coating layer, etc. Whether digital assets such as NFTs are stored in a joint venture (Ant Chain, Zhixin Chain, Changan Chain, etc.) or a public chain (Ethereum, Bitcoin) is an important question. . etc.), the interconnection of chains is important, and the blockchain itself is a timeline. How to get involved

It can not send messages and directly work on different chains of different populations, unlike many application protocols in Web3.0 (which can follow chain of different metals) are usually linked by the interconnect method. Of course, the connection of the Web3.0 process does not require the approval (registration) of the third party, which usually follows the Web3.0 open policy. Cut chains can be a bridge between assets (like a real estate exchange bank) or multiple chains like Polkadot and Cosmos.

Polkadot is a single, versatile line interface that can exchange all data (not limited to tokens) for each blockchain, recognizing the integration of assets and data between chains. . Polkadot is a project launched by the Web3 Foundation, developed and developed by the Parity team led by former CTO of Ethereum Gavin Wood. The structure of the Polkadot network includes Relay Chain, Parachain and Bridge, and Polkadot is a multi-site interface that allows recording across chains and cross chains and other similar functions. .

If Bitcoin is a calculator (electronic cash system) and Ethereum is the computer in the blockchain world, Polkadot is a router or switch between computers (even Windows systems, Apple systems, or mobile devices). It can send data and know the intersection of thousands of strings. From this point of view, the problem that Polkadot solves is not only the malfunction of the public channel itself (faster market), but also relates to the expansion of the best thinking. For a future world with several chains together, the Polkadot system would have several of its own blockchains running, and Polkadot would provide transmission to blockchains (called parachains).

As for tokens, Polkadot offers a procedure for exchanging messages on tokens, and it should be noted that the messages sent are not limited to tokens.), but any material, type, can be different (heterogeneous) from parchains.This is important. The block is now the book is divided. Small treatment is usually managed to make money. The main data of the block is account account and you can write other written data. However, free messages of words in the block is difficult., The cross link will be different types (even the self chain). According to the Wave card, this information can be changed from public, opening, no authority blocking the chain, and permitted area of ​​chains. Wave Card is a fully card site that can work from the registration form and cross the rhythm. For example, personal benefits of the school curriculum can submit a certificate for public challenge. Another example is, for example, the network that is environmental independence, and the fabric if it provides interactive communications and communication. This opened the door for a new update. The user can also make the data submitted from the chain. For example, chain exchange (Mark stock) that sends the traditional competitions can pass the chain (approximated data combination) that provides multiplications.

3.2.Confidentiality: member information and price change

Personal information has become an important subject of global scrutiny. The current solution is to improve legal protection and to inform users that the theft of user data is illegal. Environment and other technologies that prevent the publication of data in plain text while in use. In the age of Web 3.0, users often strictly protect the privacy of their personal information, which can result in data transfer fees and costs. When the decentralization of the application makes the data in the chain verifiable, the user behavior, the generated data and the application protocol must be protected by confidentiality. Privacy protection is a variety of things including the national blockchain platform to protect privacy, store personal information (storage space), user privacy, treat anonymity, etc.

This chapter discusses the privacy of Web 3.0 using Horizen and NuCypher as examples. The former can provide users (i.e. involved users) with a blockchain platform that they can configure without having to send their private data locally. Sharing personal data, the latter provides the most important private shared hosting / hosting platform for Web3.0 users, a means of centralizing the management of Web2 user accounts. .

3.2.1.Horizen: Improvement of the self-defense platform

Coothen's name Zencash has been contract to create conflict information and data improvements to users or business without personal information. Hoothen has the spinal bone and right hand. Horen Main Chain can only give up equipment and supports the use of the users of the edge of the heavy chain. The use of specialtywork and network intrastrastructures is achieved by the successful side of success can increase the detail and safety. Home chain is also called zendoo with extension and design. The chain contains a recommendation of preventing the contention and encryriaphs, and is the damage. The developers can achieve the improvement of the rope for the opening of zen invasion Using the verification of the mathematical zero to the chain to complete the local data and complete the company's needs.

At the same time, ZEN tokens and data can be exchanged and exchanged between the main and internal components of the CrossChain Transfer Protocol (CCTP), a traditional exchange process that allows easy authentication to resolve scalability issues.

Horizen uses security solutions such as Zk-snark (Zero Proof Authentication) and 51% attack protection to develop the Web3.0 blockchain platform with privacy and security, ensuring user privacy and developers.

3.2.2.NuCypher: rau Web 3.0 distributed key management system

Unlike key storage in the Web2.0 app (usually hosted by online companies or third parties), blockchain self-regulation is a difficult problem for many people. . Needs. How can users manage and share their own keys using Internet Protocol? In other words, many participants in privacy management allow a private key for shared processes (such as referrals to online companies such as Web2.0) and provide user security, allow users to solve problems. The most important requirement is before the Web3 0 access problem.

NuCypher uses its cutting edge technology, re-encryption, encrypting the privacy of all Internet users while allowing decryption rights. The traditional NU token is typically used to reward participants for key operations and authorization / authorization retrieval.

The user key in the Default Key Management System (KMS) is stored by a third-party intermediary. Assuming the third-party organization is secure, user keys can be fully protected and secure. If two users need to send data, the data sender must contact the recipient with a third-party public key to encrypt the data, and the data recipients must use their own key to decrypt the data. However, the downside is that the sender of the data can only use the recipient's public data encryption key, and the recipient can store the data permanently even after it is sent.

Adopted by NuCypher, the re-encryption KMS uses third parties to share and store sensitive user information. When the user sends the data, the sender generates a re-encryption key using their own key and the recipient's key, then divides the key into [n] sections and divides each section into NuCypher nodes for storage . Then, the recipient of the information only has access to the information at the time specified by the sender of the information, and the sender of the information can also remove the recipient from access to the data at any time. .

As such, NuCypher ensures the start of the data sender's cryptographic authorization, distributes key processes to ensure the security of user key storage, and provides security guarantees to maintain Web3 file transfers. .0.

3.3.DAO: Global network of co-construction, co-governance and shared values

In the Web2.0 internet application, creation of user content is restricted in several ways (restricted by monitoring platform, restricted on all platforms). There are many restrictions on community management, so user financial sharing with developers is limited as well. caught. The open source principles of Web 3.0 break these limitations, while the growing power of blockchain will increase the value of the content industry for developers.

3.3.1.Mirror: a fully user-centric content design platform

Mirror is similar to blog content design platforms such as Middle and Substack. The problem this solves is that in traditional self-publishing, content creators can publish their ideas, but with minimal results, and in the face of intellectual property thieves, can they promote their ideas to become valuable. and promote business? Key mirror features now include:

1) Informations :

The entrance is the main design concept of Mirror. Developers can edit data here, edit supports Markdown scripting format (similar to hashtags). At the same time, Mirror also supports direct migration of objects from other platforms such as: Intermediate mirror or sub-stack. For each author's version, Mirror supports direct streaming to NFT. After the announcement of NFT on the channel, manufacturers were able to sell their work as NFT. In this way, the revenue problem for the content creators is solved. Developers can also keep their permanent work in the Arweave repository to secure their work.

2) Crowdfunding:

Consumers support developers for a large crowd of people of all kinds, and like any financial sponsor, sponsor relationships (published by the chairman of the board) donors) can be distributed to sponsors, and the top 3 deals crowdfunding specials You can get one. NFT gift. These tokens can be understood as products owned by sponsors, and when the transaction is advertised as NFT and then sold to generate income, the income is similar. NFT is a symbol of the project members in the community that has always created DAO.

3) Income splitting:

The Revenue Splitting module encourages developers to share the benefits of their project or contest in different places to share the benefits of their collaboration with partners. The separation must be between two or more locations, and the equivalent percentage of organizations must be 100%. In this way, once the developer has set the revenue payout ratio and pre-rules, all revenue can be achieved by smart contract, avoiding the opacity of the internal delivery system.

4) NFT Casting (Edition):

The Editions module is a Mirror NFT broadcast module. Users can use this template to stream NFT functions through Mirror including values, media files (currently supports 4 file types: .jpg, .png, .gif and .mp4). ) and all. Four established definitions for the material and the first location of the funds. After posting, the NFT address is created and the identity copy is added at the same time, and this address can be placed directly in another file in the mirror and the NFT appears under the link.

5) Bidding:

The auction section allows manufacturers to sell their NFT operations. The manufacturer must establish the price before and at the time of the contest, and each bid must be at least 10% of the final price. Auctions can also generate a similar URL and be included in the entry module. After the auction, the earnings can be sent directly to the wallet address by the developer, or they can be sent to the crowd or to the revenue share.

6) Voting (token race):

The voting function gives the DAO design after the utility, and its form is similar to the snapshot. Crowdfunding participants always form the DAO, participate in the DAO decision-making process by voting, and implement a variety of community solutions, and as a result, the closed function of community energy design has been developed.

Mirror, one of the most important design platforms on Web3.0, allows any Web3.0 user to create their own project and use the various functions that surround it. More importantly, the developers themselves are able to streamline their design and have full control over their entire design without the hassle of the Mirror platform. Modules such as Crowdfunds, Splits and Token Natives allow developers to create content communities that engage all community members, and engage partners to create participating communities with everyone.

Actually the best idea for Web3.0, Mirror's solution also makes sense to use.

3.3.2.Gitcoin: an integrated and integrated management platform for code and investment resources

What if you had a new idea to use in the online world today? Have you started a business to become a VC? Are you looking for a new building in a large company? Do you want to join a public service agency? Try your garage coffee powder. It all seems unnecessary. Is there a platform that bridges the gap between new ideas, entrepreneurs and user rights?

Gitcoin is a joint venture developed by Ethereum that offers development partnerships for developers and a free (no cryptocurrency) platform for traders. It can be easily understood as an integration and sharing platform for project code and finance. The main features are:

1) Support:

This article generally focuses on the majority of Web 3.0 developers, where developers can report income so they can ask for help outside of specific issues, and more. Manufacturers can be very rewarding for solutions. As a result, developers can create better community maps and developers who solve problems can benefit as a result.

2) Hackathon :

Several hackathon projects have been integrated into this section, where developers can participate in hackathons sponsored by various parts of the project to develop their products according to their themes.

3) Donations (grants):

In the free section, users can donate start-ups and public enterprises, and after the donation, some services can airdrop free users again. . One of the main updates to free Gitcoin is quadratic funding. In the case of secondary funding, the project's product is 'square root squared' from community grants, i.e.

The database then compares the grants in the proportion of secondary community funds for each project. For example, two positions, Grant1 and Grant2, are in fundraising, and Grant1 received a total of $ 10 in donations from 10 people equivalent to $ 1 in cryptocurrency. Grant2 receives a donation of $ 10 from an individual, for a total of $ 10. At this stage, if the base amount of the grant is US $ 1,100, the number of the second Grant1 voucher can be obtained according to the second financial model is as follows.

The number of second grants Grant2 can receive is as follows:

. Thus, based on the number of votes cast for the second funding of the two projects, the Foundation Contribution Grant1 can win are:

, and the free comparison base Grant2 can get

Therefore, the project that gets the most votes is the base equivalent, not the project that gets the most votes. On the other hand, many users are encouraged to participate in the free vote to vote for most public service jobs. On the other hand, it greatly reduces the cost of baseline donation comparison fraud and reduces the risk of donation comparison.

4) Quest:

A section that improves the understanding of the game from the Web3.0 world and various ecosystems, where users can start learning by selecting a topic satisfied by bank surveys, and try out the learning outcomes in the form of questions and answers . Stop the answers (All answers are correct. One question, robots created by the system lower blood pressure) and rewards can be obtained after defeating the robots, so the content is in Learn2Earn format.

5) Honor (good product):

Congratulations are a new way for users to express interest and build relationships with each other. If User A wants to thank Gitcoin User B, they can purchase the Medal of Honor from Kudos Market and give it to User A. (The gift itself can be considered NFT)

6) Learning (core):

Kernal is a peer-to-peer learning community that provides an excellent platform for users who wish to gain a deeper understanding of Web 3.0 through an 8 week course developed by community members, including history the development of Ethereum, globalization and the token trade. Other knowledge.

Gitcoin has a wide range of Web3.0 starter projects that want to learn more about Web3.0, including a more user-friendly incubation and learning platform. For the project, from the start of the hackathon to the development of the purse, with the support of all users, the publicity-laden Web3.0 project was created and finally back to Web3.0 users. For users, check out Web3.0 here, support Web3.0, and build Web3.0 together by donating to a project. Here, everyone can contribute in their efforts to develop Web 3.0 and improve integration, sharing and management.

3.4.Metaverse: Web3 brings about the convergence of the “real world” and the “virtual world”.

In the age of Web3.0, the metaverse could be a form of imaginative and creative network. In the era of the Web2, people used the “virtual world” and the “real world” as the boundary between the online and offline world. The design of the metaverse in Web3 would be a tight integration of the so-called "real world" and "virtual world".

The Internet in the era of the Web2 has a clear vision of the geographical area (which is the result of the company in the middle position), the major Internet players control access to the keys to ecology, and ecological use is relatively low (eg online payment). The good crosses ecological borders, blocking hyperlinks to important internet application portals. Internet applications have been limited to activities in other ecological fields. In the metaverse world of the Web3 era, the “differences” and limitations of the Web2 era will disappear.

In addition to the cross chapters mentioned in the above verse which deals with the integration of different systems from different systems, the metaverse world and the so called "real world" will continue. For example, Metaverse organizations may own real assets in addition to being involved in the DeFi industry. In other words, there will be no separation of the "virtual world" process and the "real world" for the assets of the metaverse, and the metaverse will be a mixture of "real world" and "virtual world". . In general, it is believed that the virtual world of the metaverse cannot be connected to the active account in the real world, even if the world of the metaverse is joined by users, but the text Different requests can be shared in many ways. As a result, the "outer metaverse" was unable to enter the ecosystem of the current Web2 era. We will see how to map assets in the Web2 world, such as the DeFi-based Composite Assets application (the mirror in this section has the same name as the project in chapter 3.3 which is another project) or Composite. Web3 world in reduced size mode.

Launched on December 4, 2020, Mirror Protocol (based on public channel Terra) is a state-of-the-art casting platform (Mirrored, MmAssets) that tracks the value of trade commodities, futures, currency exchange rates and other financial assets. . It is a symbol that identifies the cryptocurrencies (Bitcoin, Ethereum, etc.) for the platform providing the tokens, and MIR (Mirror Token) is the platform's management token. Users can create mAssets by combining heavy USTs (TerraUSD, stable results pegged to the US dollar) or existing mAssets. Different masses of assets correspond to different costs of products, futures, finance and other assets. Upon redemption, the user must dismantle the mAssets created at the time provided by the mirror platform, and the smart contract will pay part of the cost of manufacturing and returning the UST or mAssets that the customer validates promises when it is given.

In a sense, the mirror is a map of assets from existing financial markets (or crypto markets) to the cryptocurrency world through a combination of practices in the form of tokens. For example, the Tras token, mTSLA, can be placed on the Mirror platform, or ETH tokens can be placed on the Mirror platform, mETH token provided. In fact, since the user gets assets, it is not the same as buying financial assets, there is no income such as dividends, but the assets are understood to be real estate asset. because value is linked to financial assets and the availability of properties. return on asset value Assets can receive a certain value of financial assets, and can also be compared with the future of financial assets (not is sent).

Currently, the platform has announced 26 types of assets, including products like Tesla and Apple, and key crypto assets like BTC and ETH, taking the Tesla stock token as an example, with revenue on 24 hours reaching $ 14.8 million. , the mirror platform's total liquidity exceeded USD 1 billion to the level of USD 1 million in transaction volume.

How well does the share price on the Mirror platform hit the real retailer? This requires the use of an oracle mechanism that links the values ​​of two operations via a programmatic algorithm. For more information, see the “DeFi New Funds (2): The Best Free Eviction Insurance Deals” announcement.

Inheritance like Mirror or synthetic material like inheritance for the Web3 world without knowing them in the Web2 world. With this understanding, the Web3 based metaverse can be integrated with "real world" tools. It is also an example of the "open" nature of Web3.

4.Evolution of the Web3.0 value car in a new introduction

Internet traffic (access) key value in Web3.0How will the season be?

Web2.0 competes for attention and invests users to realize the value of traffic. Even in the age of Web 3.0, the cost of access is significant, but not limited to that.

For example, Uniswap, the biggest sponsor of the "DeFi Summer" promotion, enjoys the same transport as Web2.0 from a user perspective. The users use the DEX protocol to perform the exchange of transactions, the cost of which is paid by the user is the use of the traffic on the platform (some allow the LP), and from this point of view, Uniswap is another application from Web2. 0. Much like the However, according to the DEX protocol, Uniswap can be called by another process to create complex tasks (called DeFi Lego). The most commonly used applications, such as income, inventory, etc., allow users to perform DeFi "mining" income and exchange transactions in the please form. Behind it is the DEX protocol like Uniswap which is generally hidden by users. In this situation, there may be multiple calling rules between the two. However, if you use Uniswap regularly as required by law, the benefits are the same.

Because of Web3.0Open world, these calls are fully open regardless of issues like permits and ecological zones. So Web3.0The corporate pricing paradigm will expand the attitude of openness. And Web 3.0The rates also depend on the number of calls made.

Now we have a lot of social (WeChat, Weibo), fun (Steam)), Oriental Fortune and other platforms are all Web1.0.web vegetables 2.0The beneficiaries of change, the future being Web3.0What about evolution?

Web3.0 is full of speculation and its final landing page cannot be decided at this time. But there are already signs of differences. During the evolution to Web 3.0, several products are a mixture of Web 2.0 and Web 3.0. The representatives represented in this case are the NFT Opensea trading platform and the Metamask portfolio. OpenSea revenue is based on NFT exchange rates similar to e-commerce or average exchange rates. The MetaMask wallet has a built-in PC browser plug-in such as Chrome and mobile apps, and MetaMask is an essential user portal that integrates the swap aggregation feature, allowing users to access it directly. DEX protocol to complete the token exchange. fees for the Metamask platform. . Both are Web 2.0 devices. However, the operating system users of these two platforms are either products or features of the Web 3.0 world.

With the increase in the market share of NFT in the first half of 2021, Opensea has entered a period of advancement in packaging and packaging, with a monthly market volume of over $ 3.4 billion in August. . As the most widely used browser wallet plug-in, access to the cost of MetaMask has been affected and the cost of usage and trading platform has increased. As of September 30, 2021, the market volume is around $ 400 million and the platform's revenue is $ 3.5 million.

It is probably the most interesting event of all time. Consumer confidence in Web 3.0 has shifted to Web 2.0 traffic and merchant revenues. Strictly speaking, Opensea and Metamask are Web 2.0 business products that use very simple business models and still make money. Although the NFT industry and DeFi mining seem to be the backbone of the Web 3.0 world, it ultimately drives traffic for Web 2.0 products. Probably for this reason, Elon Musk tweeted, "Has anyone seen Web 3.0? I've never seen it before."

Of course, this is only a form of exchange, and it can take a long time. But we believe that new Web 3.0 applications, new logic devices and new vehicle models are emerging.

and 2dand 3D?

With the recent announcement of Baidu Xirong and NetEase Fuxi and Samsung establishing a virtual store in Decentraland, the market is booming in the digital 3D world. Transitioning from 2D to 3D should be the easiest transition for the average user. Taking as an example the virtual base of Guosheng Blockchain Research Institute in Decentraland, the virtual building itself is the same as the homepage group, it can display the research product and group status, and receive information interact with virtual people. If guidance is needed, demonstrations or PPT media can be accessed in the Road Show Hall on the second floor, and visitors can post NFT signs to manage the free listings. Based on the completion of the IT infrastructure, we believe that more relationships will be enhanced in 3D in 2022.

In the existing Web 2.0, users who are viewing the web at the same time do not interact with each other, but as they enter the 3D world, the need for interaction grows stronger. and auto-resolution can be increased by NFT and skin. We believe that entering the metaverse is more important through socializing, sharing, and marketing than is limited to augmented reality / virtual reality. Evolution from 2D to 3D, Web3.0? Of course not. This is just an update that users see, and on a deeper level, it's where they encourage players to create, share, and interact. In short, if Roblox and TikTok don't have financial support, are there still a lot of users creating content for games and short films? Above all, the construction of immersion by the superposition of internal integration, self-satisfaction of design and external economy.

browser or app?

In the era of Web 2.0, many applications have become the center of application, leading to industries such as purchasing and flashing, and the main application has a lot of time and information for the user. . Existing web 3.0 applications can usually be accessed through a web browser on a PC. Although mobile terminals are accessible with a web browser and the wallet application can also be used as an accessory, some applications still access the website. Unlike the era of Web 2.0, where businesses like to build independent applications and PC users, Web 3.0 can break this trend. It may be easier for applications and users to record information about user behavior, and it may be easier for key businesses to manage green applications. and development. Maybe Web 3.0, as the name suggests, will be the foundation of every application.

Web 3.0The management issues he raised were very skeptical. In terms of openness, confidentiality and inclusion, thisThe Web 3.0 application is maintenance free. However, there is no doubt that a major change in the industrial model of Web3.0 applications will force the administration to make significant changes to the transition to new things.

so we thinkIn the age of Web 3.0, the leader will showcase the following development trends.

1) for Web3.0 communicationand Web 2.0Path between the two worlds /Industry is looking for an appropriate standard for the transition to Web3.0Development:

For example, as an important channel for traditional world wealth in the Web3.0 world, Stabilitycoins will be the first to establish governance..In our report “DeFi Financial Innovation (2): Over-collateralization and Asset Mapping” in the medium to long term, we state that the integration of Stabilitycoins and the globalization industry is really a big structure and Stabilitycoins is an important bridge. It shows the richness of both worlds.

The biggest problem with stationary coins is that they are incompatible with current financial policy. Obviously, Fixed Gains follow "fiat currencies" in the cryptocurrency market, to some extent violating current laws in many countries (and also violating other financial regulatory policies such as security, future, etc., even taxes). To the right. ), this is also a problem caused by cryptocurrency assets. In November 2020, the “China Financial Security Report (2020)” mentioned the first stable coin (People's Financial Corporation of China Research Institute). Finance, 2020), July 2021 "Research and Development Report" China Digital RMB "indicated that the plan for the development of the security of the world currency by some companies, the commercial risk poses many risks and problems for the global financial management, the payments and contracts, financial management, cross-border management, etc. Stable values ​​are included in the field of virtual rewards management.

However, for the global market, stablecoins can grow rapidly along with the cryptocurrency market. Therefore, the conflict between stable coins and regulations will be the backdrop for future economic development. The end result may be that innovation and governance meet, accelerating the pace of change and transformation of governance. In Europe, the United States and other regions, the cryptocurrency and financial markets have always become more integrated. Future financial policies will include rules for fixed parts. The principle behind all this is to clarify the role of management of fixed coins to be restricted, accepted or modified according to new financial instruments, according to the different economies of the different countries.

2)Confidentiality and anonymity can be violated.the key, the application layer complements the anonymous support.

Confidentiality and anonymity are required for the confidentiality and anonymity function of a collaborative system, and the lack of confidentiality and anonymity means that surveillance is completely ignored. In the real world, surveillance should be available, and Web3.0 will also explore the integration of China and surveillance. One of the best ways would be to use monitoring at the bottom of the blockchain network. This means that there is a restriction to include KYC in the first account and anonymity is achieved through the intermediate and application procedures. Of course, the system is also flexible and data such as KYC users can be stored on multiple network signatures in which the administrator participates.

Three) DaoIn the management process, supervision is inevitably presented as a leader.

DAO is a key control for Web3.10 World Works like seeing that it seems that it doesn't find any solutions. Social Porticies and administrative agencies have the reality. responsible. Hacker Attack's status usually appears in the defi system, and other damage caused by the situation won't have enough for DAO. At this time, the government's real law and law is resolved by the law. For example, if you have a risk of defi management, depending community development, the development groups will not be able to prevent the user. On the other hand, when stress, the strike or the main building of the actual community is a law enforcement. For example, if some assets are frozen in private data and the center of the center, stole treasure that were stolen. For example, in August 20, 2021, the most safe of the loot or $ 43 million from the ropes of the house. USDT's work.

From there we can imagine that the administration of DAO would involve the involvement of the board of directors, and the management who are the leaders of DAO seems to be the best-case solution.