MassBit Protocol
Published in

MassBit Protocol

MassBit 101 — Web3 Single Point Of Failure

A SPOF is any non-redundant part of a network that, if dysfunctional, would cause the entire network to fail. This concept is vital for web3 compared to web2 as web3 is built on decentralization, privacy, and eliminating SPOF.

To get a completely decentralized network. All web3 applications must be built on a decentralized operating infrastructure beyond the blockchain.

An example about Cloudflare (a CDN -content distribution network) services outage that affects more than 50% of web3 apps:

In Web3, decentralization is key and no party should be able to control the entire network. MassBit Route aims to solve the centralization problem of traditional CDNs — forming a network managed and operated by its independent communities and individuals.

MassBit Route is powered by the MassBit Verification Protocol, a decentralized proof of stake system that ensures all workers execute their tasks correctly. Nodes and Gateways (part of MBR network) are established and managed by the individuals while also checking on each other’s work to verify that everyone is acting properly. So Web3 projects that use MBR can eliminate the single point of failure.

Follow MassBit community

Website| Twitter| Medium| Youtube| Facebook| Instagram | Discord |Telegram

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
MassBit Protocol

MassBit Protocol

The first fully decentralized solution. We help DeFi & Web3 apps to work faster, easier, more reliable, and especially, more cost effective.