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Signal CEO Moxie Marlinspike bats for greater independence of Web3 from centralized platforms



Moxie Marlinspike, CEO of encrypted social networking platform Signal, has dubbed “Web3.0” the next generation of the Internet. In a detailed blog, Marlinspike criticized the prevailing reliance of Web3.0 applications on centralized platforms. The component that differentiates Web3.0 from the last two generations of the Internet is its “decentralized” nature. Marlinspike says that for the Web3.0 space to fully mature, it needs to establish itself further away from the Internet that is currently controlled and governed by regulatory authorities.

Applications built on Web3.0 either run on a blockchain or a decentralized network of peer-to-peer servers (nodes) or even a combination of both. The apps are called “dapps” (decentralized apps). Thanks to these protocols, cryptocurrencies act as a financial incentive for anyone who participates in creating, controlling, contributing to or improving a dApp projects themselves.

Marlinspike notes that Web3.0 needs to be tuned in such a way that it can function without any dependency on the existing monitored Internet.

“Whether running on mobile or the web, a dapp needs to interact with the blockchain somehow in order to modify or render state. It is not really possible to do this from the client, however, since the blockchain Can’t live on your mobile device (or in your desktop browser realistically),” the 42-year-old entrepreneur and cryptographer said in his post

“So the only option is to interact with the blockchain via a node that is running remotely on a server somewhere. But, as we know, people don’t want to run their own servers.”

Signal CEO essentially means that dapps are currently running on controlled and monitored servers under the existing Internet infrastructure, which violates the core principle of the Web, which is “decentralization” of the Web.

According to Marlinspike, there should be more cryptography involved in shaping the Web3.0 space. The technology of cryptography secures information and communication through the use of codes to prevent unauthorized access to information.

“We must accept the premise that people will not run their servers by designing systems that can deliver trust without deploying infrastructure. This means architecture that anticipates the inevitable outcome of relatively centralized client/server relationships. and accepts, but uses cryptography (instead of infrastructure) to distribute trust,” the tech enthusiast said.

Marlinspike posted a link to his blog on Twitter, to which Ethereum co-founder Vitalik Buterin replied that the new technology is giving people the best of both a centralized and decentralized world.

Meanwhile, Marlinspike’s Signal app is also participating in integrating the crypto element into the lives of its users globally.

The app has added a payment feature that allows its users to pay with a new, privacy-focused cryptocurrency called “MobileCoin”.

A Wired report states that in order to bring privacy protection systems to financial transactions, MobileCoin is loaded with features that make payments and transactions difficult to trace but easy to confirm.

The feature that went to the test last year is rolling out to Signal users internationally.

MobileCoin has been praised on Twitter for its low reliance on centralized platforms.

Interested in cryptocurrency? We discuss all things Orbital with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain on the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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