Really Simple Syndication (RSS), the first information distribution protocol to become mainstream on the Internet, was configured to work with Web3 using a decentralized information processing protocol called RSS3.

In a technical report released on Monday, RSS3 plans to move the update of the popular Internet feed to Web3. RSS3 will give each object an RSS3 file that acts as a data source and is continuously updated. The source data file can then be used as a collection of all cyber activities, which can then be used to create social networks, content networks, games and other data-driven applications. The source data will control what information is to be broadcast and what is to be kept private.

An RSS file is a summary file of website updates, usually in the form of a hyperlinked list of articles. These channel files should be decentralized and play an important role in the exchange of information over the Internet. However, the monopoly of centralized web hosting providers has led to the creation of a decentralized RSS3 service.

Related: Decentralized Technology Will End Web3 Privacy Mystery

The White Paper notes that creating a decentralized information processing protocol from scratch was a very difficult task, and it can take six to eight months to create RSS3 nodes. The developers are also working on a decentralized autonomous regulatory system, but they believe that real decentralization will take time.

The development team has partnered with Ethereum, Arweave, Polygon, Binance Smart Chain, Arbitrum, Avalanche, Flow and xDai Chain to distribute the protocol on various decentralized networks.

The decentralized protocol team has already completed two rounds of financing, and companies such as Coinbase Ventures, Dapper Labs, Dragonfly Capital, Fabric Ventures and many other companies have participated in it.

Source: CoinTelegraph