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Really Simple Syndication (RSS), the first information distribution protocol to gain widespread adoption on the Internet, will counter Web3 with a decentralized information processing protocol called RSS3.
in a technology white paper RSS3, released Monday, lays out plans to update its popular Internet feed to Web3. RSS3 will provide each entity with an RSS3 file that will act as source data and be continuously updated. The source data files can then be used as an aggregate of all network activity, which can then be used to build social media, content networks, games, and other data-driven applications. Source data can control which information is broadcast and which information is kept private.
RSS is a feed file that contains a summary of website updates, usually in a hyperlinked list of articles. These feeds are designed to decentralize and play a key role in exchanging information on the Internet. However, the monopoly of centralized web hosting providers led to the creation of decentralized RSS3.
related: Decentralized technology will end the Web3 privacy conundrum
The official document states that building a decentralized information processing protocol from scratch is a rather complex task that could take six to eight months to build an RSS3 node. Developers are also building DAO systems, but believe true decentralization will take time.
The development team has partnered with Ethereum, Arweave, Polygon, BSC, Arbitrum, Avalanche, Flow, and xDAI to launch the protocol across various decentralized networks.
So far, the team behind the decentralized protocol has completed two rounds of financing, with participation from Coinbase Ventures, Dapper Labs, Dragonfly Capital, Fabric Ventures, and more.
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