Chapter 1: Decentralized web, distributed ledgers, and build-up to blockchain

Harjot Singh    Decision Tree Analytics, Gurugram, Haryana, India

Abstract

When Tim Berners Lee founded the W3C in the early 1990s, he himself probably would not have imagined the shape of the behemoth that he had created. It was a paradigm shift from the days of ARPANET (Advanced Research Projects Agency Network) setup in 1969 which was intended for peer-to-peer communication. Tim Berners Lee while answering young people on the official w3.org website made it look really simple—“I just had to take the hypertext idea and connect it to the TCP and DNS ideas and—ta-da!—the World Wide Web” [1]. This was the beginning of the World Wide Web as we see it today. From ...

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