Benefits and Challenges of Web3 - Deepstash

Benefits and Challenges of Web3

Benefits

  • Your data will be secured with private keys, where we can give selective access to our data to whom we choose
  • Contributors own the platform rather than corporations
  • Defeats the corporate selfish use of leverage on copyright and intellectual property
  • You want people to recompose your content!
  • The codebase is open-source, developers can co-opt creation in a way truly best suited for users
  • It is composable, use one piece of an application to help build another

Challenges

  • Security and storage – functioning correctly as your own bank
  • Maintaining your anonymity
  • Usability
  • Messaging of utility

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