RSS3 is all set to pave in the buzzing word Web3. In the recent release of the technical whitepaper, the organization plans to make updates for next-generation feed standards. Additionally, it aims to support efficient and decentralized information distribution. The RSS3 protocol is applied with a sophisticated network structure to implement the standard.
The development team has partnered with Ethereum, Arweave, Polygon, BSC, Arbitrum, Avalanche, Flow, and xDAI to deploy the protocol on various decentralized networks. Nevertheless, great things take time as developers state that it might take them six to eight months to build the complete system.
What is RSS?
RSS stands for Really Simple Syndication. It is a process in which users keep pace with news and information which are important to them. It helps to avoid conventional methods of browsing or searching for information on the website. Further to this, these searched contents or information are directly delivered to the user’s email without spamming the inbox. These contents are known as ‘feed’.
An RSS feed is a file that summarizes the updates from the websites, mostly in the form of articles with hyperlinks. Any user can read the RSS feed using the program or website called ‘RSS Reader’.
How RSS3 provides decentralized information?
The RSS3 standards ensure financial self-stabilization with 0% fault tolerance. At the same time, utmost measures have been taken to make the network more stable and secure. Furthermore, these standards will offer each user an RSS3 file which will serve as a data source. These data sources will be continuously updated with the latest news feed.
However, the source data file can be used as a cyber activity aggregator, which further can be used to build social media, content networks, games, and other data-driven platforms. In this progress, the network ecosystem will provide a free and decentralized data creation, storage, and distribution channel.
According to the whitepaper published, the RSS3 consists of an independent blockchain system. The network is mainly structured of service node groups and global indexers. Also, these service node groups are made up of individual service nodes responsible for the daily operation of the network. In addition to this, global indexers are composed of several relay nodes which aim for security, governance, and performance management. This helps in the smooth running of the RSS3 network.
Thus, fundamentally solving the problems of data leakage, privacy security, public opinion manipulation, and algorithm abuse. Moreover, profit extraction and data monopoly caused by Internet giants in the Web2 era will be eradicated.