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How Netflowcoin has laid down the foundation of the new internet, web 3.0

How Netflowcoin has laid down the foundation of the new internet, web 3.0

The company behind web 3.0’s internet architecture

It’s difficult to imagine a new way to interact with the internet. But, with everyone talking about web 3.0 and all the benefits that come with it, we must look into the companies that are building the foundation to support such a feat. 

NetFlowCoin has begun generating waves of interest, as, their SDVN protocol has created the perfect foundation-bed that will be used as web 3.0’s communication layer, capable of supporting a variety of APPS and DAPPS across their 3.6 million nodes.

What does web 3.0 look like?

The web 3.0 architecture reverses how data flows across the internet. Incidentally, removing the centralized aspect that these large web 2.0 giants have created, and monopolized, but instead reverses how an individual’s data is used/collected. 

Conventionally, data is transferred peer-cloud/server-peer, meaning there is usually a 3rd party that has access (and rights) to any of the data an individual shares across the web. However, web 3.0 will be a decentralized network that will remove the 3rd party from peer-to-peer communication.

How does NetFlowCoin’s SDVN work?

As data flows in a centralized way and is restricted by the physical infrastructure, the SDVN protocol acts as a customized virtual network built upon the physical network. The virtual network is not restricted by any third-party telecommunications company, nor any giants such as Google or Facebook, but is programmable by the users to share, control, and view data entirely free from the restrictions presented by a web 2.0 architecture.

In addition, the SDVN protocol, combined with the NetFlowCoin ecosystem, enables users not only to have the freedom of open data sharing but will also reward users for any data shared across the platform.

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Announcing our newest partner Metaspacescan

Announcing our newest partner Metaspacescan

We are happy to announce our newest partner Metaspacescan. Welcome to the NetFlowCoin network!

What is metaspacescan?

Metaspacescan.io is a blockchain explorer and data service platform. It provides various types of mining data, blockchain data queries, visualization charts, etc.

Metaspacescan.io wants to become the portal to the crypto world, like an explorer that can support multiple blockchains, e.g. bitcoin, netflowcoin, ultronglow, tron, Ethereum, etc…

Metaspacescan.io is the first official third-part blockchain explore to support the NetFlowCoin project.

What can be done on metaspacescan?

The Netflowcoin’s functions e.g. pledge, manage account, will all be supported by metaspacescan.

If you want to view blockchain data e.g. block height, transactions, rewards, miners, or anything about the NFC chain, you can get it from nfc.metaspacescan.io.

For users, you can check the FUL balance in the explore, and you can view the blockchain data.

For miners, you can pledge PoS/PoF, manage your mining account (address), check your NFC balance, and mining rewards. Also, you can pay for a punishment score.

For traders, you can check your transactions across the network, you’ll also be able to change your balance, etc.

Why have we switched the explore from srscan.netflowcoin.io to nfc.metaspacescan.io?

The mainnet launch is just beginning, we have a lot of work to do. We need to focus on developing, running, maintaining, and other technical work related to the blockchain. Also, we need to connect with our communities, markets, and developers.

So, we found the metaspacescan.io team to build a new explorer for our mainnet, to meet the needs of different users.

Our official explorer will be shut down after phase 2 of our mainnet has launched (mid-January). From then on please visit nfc.metaspacescan.io for anything you want.

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What’s the buzz around web 3.0, and how will it impact your life?

What’s the buzz around web 3.0, and how will it impact your life?

The newest buzzword that everyone is discussing is web 3.0, but how many people really understand what web 3.0 actually is? As we are beginning to move away from the web 2.0 architecture, web 3.0 will become a more important aspect of everyone’s life, whether they know it or not.

What is web 3.0?  

Currently, there is no clear sign of what web 3.0 will look like, as it’s still in its early stages of development, however, there are key characteristics of what web 3.0 will offer. These characteristics will change not only the way we interact with the web but almost every aspect of digital life.

Key characteristics of web 3.0

Decentralized, AND centralized

Although everyone’s talking about an internet infrastructure that is completely decentralized, which is true, with decentralization comes hundreds of thousands, if not millions of individual nodes within a network. This creates a centralization simultaneously, as each node within the network will act as its own centralized location.

Decentralized autonomous organizations (DAO)

DAOs is another buzzword plaguing the internet. In web 3.0’s highest form, a DAO would be one of the key benefits of web 3.0. Instead of companies run by a select few of individuals, instead, future businesses may adopt the DAO structure, whereby the company, and its decisions, are made by the mass majority of stake/shareholders of that organization. 

All digital assets are owned by the creator

Unlike web 2.0, any content you create, share, post over the internet is owned by a centralized authority. E.g. Facebook owns the rights to everything you post on your pages. 

In a web 3.0 structure, users will have complete control over the data they create and share. In addition, any value an individual’s date generates will be shared directly with the creator. 

Complete, partial, or no anonymity 

We are constantly ambushed by unwanted advertising, having our data and our personal identity exposed online, even when accessing the internet in incognito mode. On web 3.0 the option to remain completely, partially, or not anonymous will be decided by the individual. 

Extreme performance increases 

As a decentralized network will be a combination of hundreds of thousands of devices, the speeds in which accessing content will increase dramatically, as a request to access a piece of content wouldn’t need to travel far to receive a response, data requests will be received by the nearest node within the network.

Censorship and access to information

One of the most amazing aspects of web 3.0 and decentralization is, not one person, government, or company has control over it. Meaning, any/all content will be completely open and accessible.

In summary 

The new internet is slowly edging into everyone’s lives, and although there will be some challenges ahead with its full deployment, the benefits seem to outweigh the current web 2.0 infrastructure, allowing people to have control, rather than a handful of internet conglomerates.