Challenges in Advancing Web3: Understanding the Role of Decentralized Confidential Cloud Computing

superprotocolperson

Super Protocol Dev

Posted on February 16, 2024

Challenges in Advancing Web3: Understanding the Role of Decentralized Confidential Cloud Computing

Current Web3 resembles more of a 'Web2.5' than a truly decentralized system. The reason for this is that Web3 does not have its own decentralized cloud computing and is forced to outsource complex off-chain computations and applications to centralized cloud providers such as AWS, Azure, Google, IBM, and others.

Such partial decentralization can undermine the integrity of an entire project. Many supposedly Web3 projects, such as CEX, only mimic decentralization, but actually take custody and administration of all user accounts, and are processing off-chain transactions on their own servers. However, by doing so they can offer vastly improved user experience.

If Web3 wants to be seriously competitive with the world of Web2, then it needs a serious computing environment. Smart contracts are slow, expensive, and very limited in the complexity of what they can do. Web3 needs the ability to run real applications with real backends, but do it in a decentralized way with no central authority.

Super Protocol has made its mission to change that: to complete the decentralization of Web3. We wanted to build a true Web3 cloud that would be fully in line with the Web3 mission statement: decentralization, immunity from a central authority, lack of censorship, community governance, open market, trustlessness, and algorithmic orchestration, transparency, absence of a single point of failure, and scalability. But also add the core features that Web3 traditionally lacked: confidentiality, privacy, security, high performance, and the ability to run complex dynamic applications.

Do you see Super as a valuable tool for your project? Which features are most critical for you to consider deploying on it?

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superprotocolperson
Super Protocol Dev

Posted on February 16, 2024

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