Point Network: World's First Full Web 3?

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(Edited)

I was on Twitter today and saw a promoted tweet that caught my eye. Normally, I wouldn't pay attention to ads there but then something on it got me intrigued so off I went for a little adventure.

"World's First Full Web 3.0 Architecture", these are the very words that piqued some interest and so I had to go take a look at their website.

PN copy.jpg
(Images & text from PointNetwork. No copyright infringement intended.)

We keep seeing Web 3.0 but what is it really?

It's the next phase or iteration on the web --- the so-called Decentralized Internet and I have to quote Point Network on this one on its simplest definition of what web 3 is:

"Open for everyone, censorship-resistant, permissionless, privacy-oriented internet with programmable money built right in." (Source)


I think that's clear enough, yes?

According to Investopedia, the features of web 3 are as follows:

  • Decentralization (which basically means users have greater control.)
  • Trustless and permissionless (no intermediaries and governing bodies needed)
  • Artificial intelligence (AI) and machine learning (faster and more accurate and relevant search results without human intervention)
  • Connectivity and ubiquity (information and content are more connected and ubiquitous, accessed by multiple applications)
    (Source)

And so what is Point Network?

Again, I have to quote their bold claims from their website:

Point Network is the newest framework that is taking over Web3: decentralized browser + decentralized domains + decentralized storage + decentralized identities. (Quoted)

It’s the only “real web3” at the moment, which is not relying on any web2 components, making it impossible to shut it down, censor, or compromise via centralized components. (Quoted)

At least they admit they are not there yet. And I believe no one is yet, but LeoFinance and Hive are working towards it.

Screenshot_367.jpg


Accordingly, Point Network will have the following features:

  • Point Browser
    Screenshot_369.jpg

  • Decentralized Domains
    One will get a dot point (.point) domain which cannot be censored or taken away. (farmgirl.point sounds odd to me, lol)

  • Decentralized Storage
    "dApps on Point can only load files and assets uploaded onto decentralized storage (powered by Arweave), to ensure censorship-resistance, privacy and uptime." (Quoted from PN)

  • Decentralized Identities
    One can "log into Point with one seed phrase, and you will instantly have addresses and be logged into every dApp on Point, Ethereum, Solana and other chains." (Quoted from PN)

  • Point Social
    "One of our flagship dApps, uncensorable web3 social network on Point Chain. No more Big Tech censorship, personal data abuse, or profit-maximizing algorithms." (Quoted from SPN)

  • Point Mail
    "Decentralized end-to-end encrypted email on web3. The architecture safer than ProtonMail delivers a big blow to mass-surveillance by governments." (Quoted from PN)

  • Multichain dApps
    "Point Network is capable of connecting to multiple chains at once, allowing you to use your favorite dApps on other chains right from Point Browser." (Quoted from PN)

Other interesting things:

Screenshot_368.jpg


I have just downloaded the Alpha software and will test it then probably write my experience at another time.

Meanwhile, they are having a Bounty Campaign (this is a referral link) where one completes some Quests to get rewarded with POINTS. There are currently 2 very simple quests (on Twitter) which I myself is yet to do, lol!

And I'm yet to read their Litepaper and Whitepaper. Seen their roadmap and some of the features are "Alpha Ready" per their label.

Screenshot_370.jpg


It would be interesting to see further whether or not Point Network is going to deliver what it claims.

LeoFinance  Divider.png

Images and screenshots are from PointNetwork. No copyright infringement intended. 090622/11:20ph


Disclaimer: No part of this publication is to be considered as an endorsement, financial or investment advice. Please do your own due diligence. Use at your own risk.


Posted Using LeoFinance Beta



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43 comments
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This post look very good to me, but I need to reading again to get the whole idea

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Thank you :) It's something I found out that had me interested to take a look at. Still not convinced about it though.

!LADY

Posted Using LeoFinance Beta

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

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Many thanks for your curation. Cheers!

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Interesting to look into for sure. But… convinced nope. Their statements are big, but they do say they are not there yet.

Let us know what your findings are testing the software.

Posted Using LeoFinance Beta

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Yes, even one of the devs here in Hive here it takes time to get there. So it would be interesting how they progress on it.

I will, I thought of running it already but I'm doing something else and coming here too, lol!

Posted Using LeoFinance Beta

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Yes, I read that.

Hahaha yep multitasking again all the way for both of us. 😉

Posted using LeoFinance Mobile

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Haha, true. It's pretty crazy what we are doing, lol! Just now the husband commented on the 3 gadgets I'm using asking if I don't feel dizzy, lol!

Posted Using LeoFinance Beta

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Hahaha me too.
Mobile for LF
IPad for hive
And laptop for work

Just hubby isn’t there this week. So I’m alone in a bad time with the fire. He had to go to Poland for a business trip. Soon he is back again 🤗🤗 I need a huggg

Posted using LeoFinance Mobile

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Damn, we are superwomen, lol!

And awww, what a bad timing indeed. In times like that we do need some warm hugs. Sending you some but of course it's different when it comes from your hubby, lol!

Posted Using LeoFinance Beta

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They have the right ideas, as do many networks, but staying true to those ideas is the difficult part. I think I'll keep an eye on them.

Posted using LeoFinance Mobile

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This interesting, more web 3 power

Posted using LeoFinance Mobile

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Yes, but I believe it will take time to really get to web 3. Just like TM often say, developments take time so it will probably take a few years to really get there.

Posted Using LeoFinance Beta

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It's a process that has begun so time is on our side rather than sitting on our hands.

Posted using LeoFinance Mobile

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That's right, different devs are working hard towards it so hoping it will happen sooner than we think.

Posted Using LeoFinance Beta

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I love the concept. I've just seen this same thing play out poorly or not at all from a lot of projects. Please keep us updated on it!

Posted Using LeoFinance Beta

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Yes, many have great intro and roadmaps and stuff but when it comes to execution, it goes "bleh" hehe. And I will :) Cheers!
!CTP

Posted Using LeoFinance Beta

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Congratulations @ifarmgirl! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

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Check out the last post from @hivebuzz:

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Wow! Can't believe I did that haha. Well, thanks to all who engages with me :) that includes the HiveBuzz team :)

Posted Using LeoFinance Beta

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I claim to be the world's first full nice guy.

Nobody can systematically dispute that claim either.

Posted Using LeoFinance Beta

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Yes, it all comes down to the delivery of the finished product. It will be interesting to see how it goes.

!CTP

Posted Using LeoFinance Beta

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Doing all this with a centralized tool: their own unreplaceable browser. Why should we use a different browser for everything?

  • web2 browser
  • web3 browser
  • tor for onion network
  • whatever

This is just another obstacle in the way of adoption.

Posted Using LeoFinance Beta

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Yep. I am also wondering why they need another browser. But it would be great if they can really deliver their claims. And only time will tell.

Posted Using LeoFinance Beta

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Jesus it's just another load of BS full of empty promises.

Hive is already doing at least one of those things!

Posted Using LeoFinance Beta

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They're pretty ambitious and claims highly. And that reminded me I have yet to test their software, lol! And yes, I think Hive is way ahead :)
!CTP

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