Webs and the Myths

Quan Nguyen
Nov 25, 2023

As the term web 3.0 is becoming popular. Here is an overview of how they are related in terms of Speed — Secure — Decentralization — Utility.

Speed:
— Speed alone is not enough
— TPS does not mean Speed

Secure:
— single block proposer and leader-based approaches. Are they secure?

Decentralization:
— more nodes := more decentralized. Is it true?

New Metrics:
— Better metrics are needed. TPS is not a good metric itself.
— Possibly a combination of SSD and SSDU?

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Quan Nguyen

Quan Nguyen is interested in R&D on Blockchains and DLT. He is currently the CTO at Fantom Foundation. His background is Cloud, Web Apps, InfoVis, PL, VM.