What kind of data and applications are moving to Web3? What type of data should be indexed on The Graph?

Stake Service
2 min readDec 20, 2020

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What was the main difference between Web1 and Web2?

Web1 was a read-only catalogue of HTML pages.

Web2 is the Internet of interaction — social networks, blogs and forums (that’s why it becomes so widespread).

Web3 is already here. If we want Web3 to become mass adopted — we should give the majority all the things they already used to. Everything popular from nowadays Internet should have analog in Web3. Even if some directions seems irrational and leading to degradation (sorry, Tik Tok) millions of users of such areas will globally support the Web3 without even realizing it. And that support will allow for the unimpeded development of truly necessary areas by the believers.

So in terms of widespread trends: I can mention messengers, social networks, on-demand streaming services,

In terms of what governments and corporations use: bank-to-bank transfers (banks have to evolve), educational systems, cloud storages, some elements of social policy.

And after that widespread adoption of decentralization the time for unique projects will come. For instance, I have found the report “Driving to Safety: How Many Miles of Driving Would It Take to Demonstrate Autonomous Vehicle Reliability?” which is available at www.rand.org.

“Autonomous vehicles would have to be driven hundreds of millions of miles and, under some scenarios, hundreds of billions of miles to create enough data to clearly demonstrate their safety”. Alternative testing methods needed — so we need numbers, we need tons of calculations.

As we can see in all of spheres mentioned an extraordinary amount of information required to be processed. That’s one more reason why I think the work that The Graph does is really important. Better, faster and more convenient way to seek and receive information is critically important.

thegraph.com

You know what? There are some directions of using Web3 that no one can even imagine right now. So I don’t want to define the limits, because the mankind has brilliant examples of such predictions:

“I think there is a world market for maybe five computers.” Thomas Watson, president of IBM, 1943

“There is no reason anyone would want a computer in their home.” Ken Olsen, founder of Digital Equipment Corporation, 1977

So, as the conclusion: if you don’t know what to do, can’t imagine where it all goes and where it ends — join the team of professionals, they will lead you to the light.

www.thegraph.com

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Stake Service
Stake Service

Written by Stake Service

http://stakeservice.com/ StakeService is an experienced Proof-of-Stake validator for Celo, Graph, Solana, Plasm, Avalanche, Sentinel, Bitsong

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