Why Consumers Will Love the Decentralized #web
▻https://hackernoon.com/why-consumers-will-love-the-decentralized-web-3ab60ab474a9?source=rss---
Many people haven’t heard of the decentralized web yet, but it brings with it a huge shift in how internet companies will be built, and one day, we’ll all be using it. But even among the decentralized web’s most ardent supporters, many people don’t understand why we’ll all be using it. Supporters will tout “censorship resistance”, “controlling your data” or “freedom” as the big advantages. As I’ll explain, the real reason #decentralization will win is simply #economics. It changes who owns the “inventory” of a marketplace from any particular company to all companies (ie. a common data backbone), which will lead to more competition, and naturally create better products and lower prices that consumers will love. A “decentralized Airbnb” might only be able to take 1% instead of 15%. A “decentralized (...)