A SPOF is any non-redundant part of a network that, if dysfunctional, would cause the entire network to fail. This concept is vital for web3 compared to web2 as web3 is built on decentralization, privacy, and eliminating SPOF.
To get a completely decentralized network. All web3 applications must be built on a decentralized operating infrastructure beyond the blockchain.
An example about Cloudflare (a CDN -content distribution network) services outage that affects more than 50% of web3 apps:
A Cloudflare outage knocked many popular services such as Udemy, Coinbase, Discord, etc., offline. What happened?
Cloudflare wrote an incident report. Here is my TLDR after reading the report.
Image source (you can also read the whole report here): https://t.co/z2FpcOkIbA pic.twitter.com/xjSKEHlyWj
— Alex Xu (@alexxubyte) June 21, 2022
In Web3, decentralization is key and no party should be able to control the entire network. MassBit Route aims to solve the centralization problem of traditional CDNs — forming a network managed and operated by its independent communities and individuals.
MassBit Route is powered by the MassBit Verification Protocol, a decentralized proof of stake system that ensures all workers execute their tasks correctly. Nodes and Gateways (part of MBR network) are established and managed by the individuals while also checking on each other’s work to verify that everyone is acting properly. So Web3 projects that use MBR can eliminate the single point of failure.
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