The Current Status and Future of Web3 Infrastructure

The core of Web3 lies in allowing users to truly own their data and assets. Blockchain technology, as a key tool to achieve this goal, constitutes an important foundation for Web3. With the evolution of web technology, the amount of data is growing exponentially, and data storage and computing have also become indispensable infrastructure for Web3.

Currently, blockchain projects focusing on data, storage, and computation are gradually building the infrastructure for Web3. Although the market popularity of these projects has declined, they are still continuing technical development and ecosystem construction, becoming more robust and reliable.

In terms of data infrastructure, oracles and data indexing protocols are the main types. These protocols aim to unlock the value and composability of data, while also exploring how to protect user privacy through cryptographic techniques. As middleware between DApps, data protocols are likely to create network effects.

In terms of storage public chains, token incentives and decentralization are two core features. Different projects adopt differentiated competitive strategies, such as Arweave focusing on permanent storage and Filecoin providing on-demand paid storage services. Storage public chains are also actively following market trends, such as offering dedicated storage solutions for NFTs.

The competition among public chains is fierce, with various projects pursuing high performance through innovative consensus mechanisms. However, the ecosystem of high-performance public chains still appears to be lacking, with insufficient user retention and blockbuster applications. In the future, there may be a need to cultivate flagship projects more and propose new gameplay to attract users. Application chains may become the development direction of the new generation of high-performance public chains.

Overall, the Web3 infrastructure is still in its early stages and has a lot of room for improvement. As various infrastructures are improved, Web3 will be able to better support various application scenarios, making a decentralized, free, and rich Web3 world a reality. At this stage, the Web3 infrastructure is likely to capture more industry value ahead of applications.