Web3 Compute has a confidence problem, but the solution is clear star-news.press/wp

Web3 operates a digital revolution that brings integral benefits to organizations. Decentralization is to calm the homogeneous structures that support the Internet as it is now, with great repercussions on financing, social media and even the computer infrastructure that supports the digital economy.

The probability of decentralization computer has a lot of expectation, because it can bring the incredible costs of cost through the use of inactive computing resources while preventing censorship. Moreover, it can provide the enhanced expansion of the burdens of artificial intelligence, and supports the ideals about privacy and sovereignty, giving users full control of their data.

But there is one distinguished challenge that we must overcome before we can achieve this decentralized dream – that is, the need to prove confidence in the decentralization calculation. The question is, how can this be done without the assurances offered by cloud computing giants such as Amazon Web Services or Google Cloud?

Old cloud computing giants dominate the account industry, even at a time when exorbitant prices are shipped to their services and have questionable records in terms of data privacy, simply due to the confidence they demand. By submitting the level of service levels within a clear hierarchical structure, users guarantee that they get a reliable, developed account they need to run their applications. If you are paying the price of the outstanding time, guaranteed performance, and allocated support, then you know that if they do not provide it, you will have legal asylum.

The cloud giants work today within a framework that allows the implementation of contracts. Users know that stopping work is an anomaly, and on rare occasions when this happens, they will be compensated for the resulting problems. If this compensation is not coming, they have clear ways to search for compensation. This is why a very strong centrality. Despite its restrictions, it provides strong assurances and accountability, which means protection for users.

Trust is very important

Since the encryption industry drives the infrastructure of the Web3 and the decentralized account, this central form of confidence does not apply. After all, web3 seeks to kill these mediators and individual failure points, and redistribution of force on an equal footing between their users, and this means that there is no clear asylum in the event of problems. Although it is a very exciting transformation, it leads to questions about how to apply confidence. If web3 is not able to establish confidence, it is unlikely to be able to remove central service providers in making something that is crucial like the cloud account.

Instead of a huge data center run by a rich and strong company, decentralized networks have thousands, if not millions, from individual contract, each of which contributes a little energy in the network. By combining these resources, it is possible to allow the enormous computing resources for those who need them at lower costs, but these users need guarantees as well.

For example, you are likely to find AI, which suffers from the distress of criticism that seeks to obtain a group of powerful graphics processing units. How can you check their accounts? In a network that anyone can contribute to the resources, how can the reliable and confident contract be determined, and which is that it may be slow and perhaps malicious?

Web2 does not apply, based on the brand SLAS, simply on decentralized networks. In fact, the idea itself is Anayma to Web3, because if you have one entity capable of applying any guarantees that are presented, this means having to accept privacy and the possibility of censorship that it promises to eliminate it.

The issue of trust is a decisive issue that must be resolved; Otherwise, the decentralized compute growth will be compensated for due to lack of confidence. The application, which contains millions of users worldwide, needs to know that it can depend on its basic servers, and if web3 is unable to provide any guarantees, it will have a choice of little dependence on central infrastructure providers due to the strong guarantees they provide, even if its model undermines its decentralized principles.

Building community confidence with incentives

Fortunately, web3 provides an elegant solution that corresponds to its basic spirit. The answer is the engineering of confidence through a system of decentralized audit operations through the stimulus run by society.

So, instead of obtaining the contract that is established by an organization like AWS, which can be prosecuted if it breaks its promises, web3 must instead rely on collective intelligence and stop hundreds of participants in the network, and reward them for their sincerity and punish them for not telling them the truth.

Individual auditors, who can be thousands, can be stimulated honestly through bonus residence mechanisms. This will encourage them to evaluate and reliable each knot and reliably. Group, these auditors will monitor the full network of service providers, and check them on a continuous basis. Their mission is to verify the validity of their accounts, measure their performance, cumin, operation time, and determine any contract working in malicious behavior. Users will then be able to look at the total consensus, and in this way, auditors generate confidence in the network.

To encourage positive behavior, the “carrot and stick” approach is used. If any mathematical knot fails to meet the expected level of performance or try any funny work, it will be quickly determined by the auditors and punish them, taking any incentives that may have it. Meanwhile, the best performance contract will be rewarded, enhancing its reputation and attracting more demand for the services they provide. Moreover, the auditors themselves will be punished or rewarded, based on their sincerity.

Anyone who knows anything about Crypto will immediately get to know this model, because it is already used in countless counseling groups, as the verification contract works together to verify transactions. With the decentralization account, these auditors will instead check the accounts, creating a transparent and reliable confidence system that is relied upon like the Slas provided by AWS.

Excellent confidence institution

Decentralization audits are perfectly consistent with the authorized contract with the Web3. It is a model without permission, and just as everyone can provide an account for the network, anyone can become audited, which means that it is justice for each participant. Moreover, the audits are completely transparent, while spreading their operations and results on Blockchain for anyone to verify them.

The design of such a system means that it is in the interest of every interest to act honestly, as they are motivated to maintain a reputation for honesty, for fear that they will lose their rewards and lose their share.

The construction of such a framework represents a challenge, undoubtedly, with the need for strong verification algorithms, easy -to -understand confidence -definition files, and simple requirements for users to become authenticated and join this process. But once these frameworks are run, decentralized account networks will be able to provide a superior basis of confidence and overcome the borders of central cloud services providers today.