RChain: Sole Solution For Storage Issues In Web3?

Web3, or as many call it, “Serenity,” is considered as the evolution of the internet we are using today (Web2). To put it simply, Web1 allowed users to witness the information (read-Only), Web2 allowed folks to interact with the information, i.e. chatting, editing information etc. But all the data here is owned by organisations, and they can use it as per their accords. In Web3, this is the aspect where things take turns. You are the sole owner of your data, and none of the organisations out there has possession over it.

Web 2.0 Is Evolving Into Web 3.0

Among a bunch of new technologies emerging constantly, people have always been or are still sceptical about them. One such concept is Web3, which is said to be the next evolution of the world wide web.

But there are certain things that Web 2 has not addressed, and maybe, therefore, the need for Web 3 came up and is constantly being thought of by tech enthusiasts. The problems that need to be addressed in Web 3 will be advanced addressability, decentralised advertising and a robust search mechanism.

The Requirement For Advanced URLs

The era of Web 3 would need URLs, not addresses, as blockchain-based web requires a usable URL system. Currently, there are very few blockchains that support file storage, and that said, apparently, none of them supports files of substantial size. And addressability would be a critical element as the web would live on blockchain technology.

Like the browsers work on a URI system, which is the current structure for the web, but as files need to be found and retrieved and the location of the resource requires a compositional structure. The on-chain URI composition is something that needs to be thought about. It is not like that, that the current URI composition cant work for the future, but it needs some advancements to function on a blockchain.

The Hunger For Digital Advertising in Web3 Era

The current surveillance advertising model might not work on Web 3 because it plans to be truly decentralised. All of the currently popular apps like Facebook, Instagram, etc., all utilise their users’ data, and we all know what happens when we access any website.

Web 3 might force the users to think about what information they are sharing and might even allow them to sell their data independently or with their permission. And hence, decentralised advertising would be an increased demand in the era of Web 3.

The concept of decentralised advertising can operate on a globally scalable sponsored content framework and can work with a small set of APIs for developers and providers. In Fact, online communities can have the option to enable advertisers to share sponsored content with them.

Web 3 might be a good opportunity for advertisers via blockchain technology as they would know the performance of their ads, and even the customers could approve of what they want to see.

A Deep Search Potential

Furthermore, an issue that Web 3 needs to address is that it needs to be searchable. For instance, if an NFT is built atop Ethereum and the Interplanetary File System (IPFS), there is no way to find it. IPFS is not a blockchain. And there searchability becomes a critical need for the emerging iteration of the internet.

The worldwide web has brought remarkable innovation for the people as the global resources are accessible just via portable devices. In the upcoming years, the resources will be managed through blockchain technology, but if it does not possess extreme search potential, it might be a bit troublesome for the users.

What is RChain?

RChain claims it to be the sole blockchain facilitating addressable file storage along with a built-in transactional query language called Rholang. RChain has robust search capabilities that make the URLs and query strings seamless.

Furthermore, it has the ability to store files of any size on a chain. It provides a considerable upgrade to the file storage and search factors offered by the current Web2.

The RChain team has rolled out two projects to address the issues faced by Web 2. RChain Publishing facilitates the on-chain storage and self-sovereignty possible, and DAASL offers a globally distributed advertising feature.

If this blockchain addresses these problems and provides massive storage, it can prove to be an effective Web3 solution. The metaverse will have flawless graphics, no glitches, and maybe Ready Player One can become a reality then.