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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen10/11/2018 5:52:49 AM
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A big tech company is working to free the internet from big tech companies

Perhaps the most grandiose proclamation made by blockchain enthusiasts is that the technology, and others like it, can form the basis for a new kind of internet, one in which control over access to websites is distributed among users instead of staying mostly in the hands of a few big corporations like Amazon and Google. The idea is that such a distributed (or “decentralized,” in blockchain parlance) web would be more resilient to denial-of-service attacks, censorship, and even natural disasters. There would be no single point of failure that could bring the system down.

Components of the decentralized web may already be emerging, but they are not ready for prime time. Cloudflare, a company that makes its money by hosting the internet’s contents on far-flung servers and uses algorithms to deliver them to users as fast as possible, wants to help change that. The first step is what the company calls a “gateway,” to which anyone can connect a website and begin serving data stored in a peer-to-peer file-sharing network called the Interplanetary File System(IPFS).

Read More - $ - MIT Technology Review
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