In an interview with Parsa Ghadimi, the lead researcher at the Web3 infrastructure platform Fleek Network, he discusses the challenges faced by developers of decentralized apps (dapps) and the future of Web3 infrastructure. Ghadimi emphasizes the importance of performance and latency in dapps, stating that developers and users prioritize these factors over the novelty of Web3 applications. However, he believes that the trend of using Web2 infrastructure can be reversed by creating decentralized infrastructure that matches the performance of Web2. Ghadimi also expresses his optimism regarding future regulations of Web3, stating that he believes regulators will not go after projects that adhere to the rules.
Decentralization of Web3 Infrastructure
Ghadimi explains that decentralizing web infrastructure involves shifting from corporate-controlled platforms to decentralized platforms. By doing so, the vulnerabilities associated with centralized control, such as censorship, de-platforming, hacks, and service failures, can be mitigated. Ghadimi argues that for Web3 to become a reality, the entire stack needs to be decentralized.
Developers’ Use of Web2 Infrastructure
Ghadimi acknowledges that many developers building dapps are aware of the principles of Web3 but still choose to build on Web2 infrastructure. He attributes this to the importance of performance and low latency. If a product is decentralized but slow, users are unlikely to adopt it. Currently, developers are forced to use Web2 infrastructure to meet the performance demands of users. Ghadimi believes that in order to encourage developers to switch to decentralized infrastructure, there needs to be a decentralized solution that can match the performance and latency of Web2. This is the goal of the Fleek Network, which aims to provide a decentralized edge network that offers Web3 performance without sacrificing Web3 values.
Fleek Network and Decentralized Edge Layer
Ghadimi explains that Fleek Network is a decentralized edge network optimized for the deployment and running of performant web and edge services, such as CDN and serverless functions. It aims to bring centralized web-like performance to Web3 while maintaining its decentralized nature. This platform can lower the barrier of entry and speed up the time to Market for developers building Web3 infrastructure by allowing them to offload a portion of their stack to a decentralized edge network. Fleek Network can also replace the need for Web2 infrastructure in certain areas, such as Cloudflare.
Regulation of Decentralized Entities
When asked about the increasing regulatory actions against crypto giants like Coinbase and Binance, Ghadimi expresses his hope that regulators will not target decentralized entities that adhere to the criteria of “sufficient decentralization.” He believes that regulation is inevitable in the Web3 space but remains optimistic that it will be implemented sensibly. Ghadimi indicates that the U.S. is attempting to establish a framework for determining what qualifies as sufficient decentralization.
Future of Centralized Entities in Web3
Ghadimi predicts that there will be an increase in centralized entities in the Web3 space due to the expected growth of Web3 in the coming years. However, he also expects to see the growth of decentralized entities matching or exceeding that of centralized entities over the same time period.
In conclusion, Ghadimi highlights the importance of performance and latency in Web3 applications and discusses the need for decentralized infrastructure that can match the performance of centralized Web2 infrastructure. He also expresses optimism regarding future regulations of Web3 and discusses the potential growth of both centralized and decentralized entities in the Web3 space..
#Web3 #Revolution #Latency #King #Fleek #Network #Lead #Researcher
Decentralization of Web3 Infrastructure
Ghadimi explains that decentralizing web infrastructure involves shifting from corporate-controlled platforms to decentralized platforms. By doing so, the vulnerabilities associated with centralized control, such as censorship, de-platforming, hacks, and service failures, can be mitigated. Ghadimi argues that for Web3 to become a reality, the entire stack needs to be decentralized.
Developers’ Use of Web2 Infrastructure
Ghadimi acknowledges that many developers building dapps are aware of the principles of Web3 but still choose to build on Web2 infrastructure. He attributes this to the importance of performance and low latency. If a product is decentralized but slow, users are unlikely to adopt it. Currently, developers are forced to use Web2 infrastructure to meet the performance demands of users. Ghadimi believes that in order to encourage developers to switch to decentralized infrastructure, there needs to be a decentralized solution that can match the performance and latency of Web2. This is the goal of the Fleek Network, which aims to provide a decentralized edge network that offers Web3 performance without sacrificing Web3 values.
Fleek Network and Decentralized Edge Layer
Ghadimi explains that Fleek Network is a decentralized edge network optimized for the deployment and running of performant web and edge services, such as CDN and serverless functions. It aims to bring centralized web-like performance to Web3 while maintaining its decentralized nature. This platform can lower the barrier of entry and speed up the time to Market for developers building Web3 infrastructure by allowing them to offload a portion of their stack to a decentralized edge network. Fleek Network can also replace the need for Web2 infrastructure in certain areas, such as Cloudflare.
Regulation of Decentralized Entities
When asked about the increasing regulatory actions against crypto giants like Coinbase and Binance, Ghadimi expresses his hope that regulators will not target decentralized entities that adhere to the criteria of “sufficient decentralization.” He believes that regulation is inevitable in the Web3 space but remains optimistic that it will be implemented sensibly. Ghadimi indicates that the U.S. is attempting to establish a framework for determining what qualifies as sufficient decentralization.
Future of Centralized Entities in Web3
Ghadimi predicts that there will be an increase in centralized entities in the Web3 space due to the expected growth of Web3 in the coming years. However, he also expects to see the growth of decentralized entities matching or exceeding that of centralized entities over the same time period.
In conclusion, Ghadimi highlights the importance of performance and latency in Web3 applications and discusses the need for decentralized infrastructure that can match the performance of centralized Web2 infrastructure. He also expresses optimism regarding future regulations of Web3 and discusses the potential growth of both centralized and decentralized entities in the Web3 space..
#Web3 #Revolution #Latency #King #Fleek #Network #Lead #Researcher
