Web3 Protocol Design: 9 Key Points to Support Ecological Innovation

Protocol Design: Importance and Methodology

Protocols play a crucial role in the internet ecosystem and are key to achieving complex group behaviors. With the evolution from Web1 to Web3, protocol design is also constantly changing.

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Protocols from the Web1 era, such as SMTP and RSS, lacked clear economic models, making it ultimately difficult for them to sustain development. In the Web2 era, centralized protocols emerged, which solved some functional issues but also brought drawbacks such as over-optimization and insufficient innovation.

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Web3 protocol provides a better soil for innovation through decentralization and a clear economic model. When designing a Web3 protocol, the following aspects need to be considered:

  1. Start with clear objectives, consider constraints, and finally determine specific mechanisms.

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  1. Design a verification mechanism to ensure the results are trustworthy. Methods such as game theory and cryptography can be employed.

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  1. Develop a reasonable pricing strategy, such as using an on-chain order book or calculating resource metrics.

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  1. Choose an appropriate storage mechanism to balance cost and decentralization.

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  1. Design a fair and efficient task allocation method.

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  1. Be cautious to avoid centralization risks, especially in naming, payments, reputation, and so on.

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  1. Reduce switching costs and promote interoperability.

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  1. Make full use of Web3 technologies, such as blockchain, smart contracts, etc.

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  1. Conduct in-depth research on each link and choose the best solution.

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Through careful design, Web3 protocols can achieve decentralization, openness, and sustainability, bringing new vitality to the internet ecosystem.

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SchroedingersFrontrunvip
· 08-14 22:30
Are you messing around with these meaningless things again?
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BearMarketNoodlervip
· 08-14 16:44
The design idea without a brand, how many can survive in a Bear Market.
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GateUser-a5fa8bd0vip
· 08-14 04:45
This is too abstract...
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BridgeJumpervip
· 08-13 05:39
Standard Fried Rice + Fixed Income Party, Minimalist Mode, Slacker
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ImpermanentLossFanvip
· 08-12 00:43
On-chain is my home!!!
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MetaEggplantvip
· 08-12 00:42
That's right, maybe everything will be chaotic once Web4 comes out.
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AirdropHunter007vip
· 08-12 00:42
on-chain is really good
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NFTArchaeologistvip
· 08-12 00:28
No one understands excavators better than me.
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GasOptimizervip
· 08-12 00:20
Going to the middle is really a good thing, it has the flavor.
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