What is decentralized internet and the Graph’s TestNet?

  • Privacy. Decentralization places more emphasis on the integrity of personal data. Data is distributed throughout the network, and endpoint encryption technologies are used to restrict access. Data access is controlled exclusively by a network algorithm, unlike more centralized networks where the owner usually has access to all data and can influence customer profiles and ad targeting.
  • Data transfer capability. In a decentralized system, users remain the owners of their data and can decide who to share it with. In addition, users retain control over data when switching from one service provider to another (if the service has a provider concept at all). This is a very important point. If I decide to change my General Motors car to a BMW today, I will still have my driver’s license. The same applies to communication history and medical records.
  • Security. We live in a world where the number of threats to our security is growing. In a centralized system, the more valuable information is, the more attractive it is to fraudsters and criminals. The nature of decentralized platforms makes them more resistant to hacking, intrusion, theft, and other threats, since they are initially designed to operate under public control.

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Oksana Kusik

Oksana Kusik

Welcome to my channel, here I'm going to tell you about cryptocurrency world!