RSS3 aims to be the decentralized information processor of Web3

Really Simple Syndication (RSS), the first information distribution protocol that has been widely adopted on the Internet, is ready to ta...



Really Simple Syndication (RSS), the first information distribution protocol that has been widely adopted on the Internet, is ready to take on Web3 with a decentralized information processing protocol called RSS3.

In a technique white paper released on Monday, RSS3 outlined plans to bring its popular internet feed update to Web3. RSS3 would offer each entity an RSS3 file which would serve as a data source and would be continuously updated. The source data file can then be used as an aggregation of all cyber activity, which can then be used to build social media, content networks, games, and other data-driven applications. The source data would have control over what information to release and what to keep private.

RSS is a feed file containing a summary of updates to a website, usually in a list of articles with hyperlinks. These feed files were supposed to be decentralized and played a key role in the exchange of information on the Internet. However, the monopoly of centralized web hosting service providers led to the creation of decentralized RSS3.

Related: Decentralized Technology Will End the Web3 Privacy Conundrum

The official document noted that building a decentralized information processing protocol from scratch was quite a complex task and could take another six to eight months to build RSS3 nodes. The developers are also building a DAO system, but believe true decentralization would take time.

The development team has partnered with Ethereum, Arweave, Polygon, BSC, Arbitrum, Avalanche, Flow, and xDAI to deploy the protocol on various decentralized networks.

The team behind the decentralized protocol has so far closed two funding rounds which have seen participation from companies such as Coinbase Ventures, Dapper Labs, Dragonfly Capital, Fabric Ventures and several others.