Types of Web3.0 protocols
Types of Web3 Protocols
Now that you understand what protocols and infrastructures in Web3.0 are, you will get to know various protocols and infrastructures that support this new internet. Some examples include:Know more
IPFSThe InterPlanetary File System (IPFS) is a decentralized network for storing and sharing files. It allows users to publish and access content in a more secure and efficient way, without relying on centralized servers. IPFS is used by various Web3.0 applications, such as the website hosting platform Fleek.
EthereumEthereum is a smart contract platform based on blockchain, enabling the development of decentralized applications (dApps). It uses the cryptocurrency Ether as a means of payment and incentive for users who execute transactions on the network. Examples of dApps that use Ethereum include the game CryptoKitties and the decentralized lending platform MakerDAO.
PolkadotPolkadot is a blockchain network that enables interoperability between different blockchains and cryptocurrencies. It functions as a bridge between different ecosystems, allowing users to transfer assets from one network to another more easily and securely. Polkadot is used by various Web3.0 projects, such as the decentralized identity project KILT.
FilecoinFilecoin is a network for decentralized file storage, similar to IPFS. It enables users to share space on their computers to store files from other users, receiving the cryptocurrency FIL as a reward. Filecoin is used by various Web3.0 applications, such as the file-sharing platform Textile.
These are just a few examples of infrastructures and protocols that exist in Web3.0. With the constant evolution of this technology, new solutions will emerge to make the internet more secure and decentralized.