RE: Hive Advantage: Decentralized Database And The Foundation Of Web 3.0

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At present, there are over 100 computers with identical copies of the database.

It reminds me of one website that has been recently shut down by the DOJ due to the distribution of copyrighted electronic books on the web. The regulators can easily do it on a single website. I wonder how much power regulators must have to shut down over 100 computers all over the world "with identical copies of the database."

Writing an article that is posted to the blockchain means it is permanent. Since it cannot be censored or taken down, we have a full history of what is taking place.

Blockchain is indeed an amazing technology! I could not imagine how many "noble deeds" have been done in the shadows. People in power hate such transparency. I think this is really the way to return power back to the people.

There is even a discussion about instilling KYC. This is a major warning that we are not dealing with Web 3.0 in this situation.

That's the thing I find difficult to understand. Many projects out there claim to be Web 3.0 but KYC is a must.

That mean, in turn, we cannot be dealing with DeFi at the second layer. If the base layer is centralized, everything built on top is at risk.

Let this sink into my brain. 😆

With Hive, this is not the situation. We have a decentralized base layer with the intention of mirroring that at the second layer.

I just realized this feature of Hive I think sometime in March this year. When I saw this, I could not believe that this is really happening. Just this afternoon, I was about to publish an article, but PeakD was down, and so I went to ecency.

Curious if there are other Web 3.0 projects out there that do exactly these things.

A big thanks!

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Yeah well they can shut down one website with copyrighted material yet they cannot stop the illegal download of music. It becomes a game of whack-a-mole.

Blockchain infrastructure is the same way. Go after one node, there are 100 more.

I just realized this feature of Hive I think sometime in March this year. When I saw this, I could not believe that this is really happening. Just this afternoon, I was about to publish an article, but PeakD was down, and so I went to ecency.

This is why Hive can be the "everything app". The front ends can access all that is on the chain due to the decentralized database. Any app can read it.

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Good to know that the idea of an "everything app" has already been implemented on Hive before it became popularized.

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Well I am not sure it is implemented but we are seeing some applications looking to add more. This is a major step forward.

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At least, the idea I think we find it first on Hive.

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