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How Web 3 Foundation can achieve a truly decentralized web?

Web3 Foundation convenes, coordinates, and funds the projects, teams, and individuals that are building the frameworks for a fully functional and user friendly decentralized web.

All of our research, grants and events we view through the lens of the Web3 Technology Stack. Development of this inclusive set of interoperable and extensible protocols is the primary measuring stick by which we evaluate our progress. The Web3 Tech Stack guides how we approach research, collaborations and grants. We’re most interested in funding and providing a platform for the protocols and pieces of the stack that are less monetizable or appealing to companies to tackle. That is where we as a Foundation can step in and act, and if everyone does their piece we will over time build a fully decentralized web together. For example, decentralized and private messaging is a piece of the stack that many applications need because currently we rely on centralized services to handle our encrypted messaging, if it is encrypted at all. So we are working with other teams in the space to research this problem and implement a solution. This type of thing is more difficult to monetize, so it’s great for us as a Foundation to step in and jumpstart the development so that downstream teams can build their own applications using the protocol.

Source: Web3 Foundation

The Web 3 Foundation aims to construct an internet where users are in control of their own data, identity and destiny. What are the governance challenges in doing so?

Web3 Foundation only provides grants for open source software. Everything we do we try to do in an open, transparent way. We try to foster that type of culture

#	DEX Tech	On-chain Transactions	Characteristics
1	Everything-on-chain (EOC)	· Deposit and withdrawal Submit orders	· Very low throughput (<1 TPS) · High latency (15 seconds)
2	Settlement-on-chain (SOC)	· Settlement · Ether wrapping	· Low throughput (2-3 TPS) · High latency (15 seconds)
3	Proof-on-chain (PoC)	· Deposit and withdrawal · Data availability (optional)	· ZKP Proof per *hash* (256 bytes) · DEX offchain state hash (32 bytes)

Hello · Sfsdafsfs · Asdfsdfsd · Sdfsfsd		· Sdfsdfasd · Sdfsd o Sdfsdfdsasdf o Sdfasdfadsfasd · sfsdfdsasd	· dsfsadfas
	· Sdfsdfdsf · Sdfsd · Sdfsd · sdfsfdsf	1. adfsdfsf 2. sdfsdfsd a. s i. sdfsdfds b. sfdsf c. fdsfsdfsd	sdfsda
		· sdfsagsdag · dfadfda · sdfsdaf	· dsfsdaf

Hello · Sfsdafsfs · Asdfsdfsd · Sdfsfsd		· Sdfsdfasd · Sdfsd o Sdfsdfdsasdf o Sdfasdfadsfasd · sfsdfdsasd	· dsfsadfas
	· Sdfsdfdsf · Sdfsd · Sdfsd · sdfsfdsf	1. adfsdfsf 2. sdfsdfsd a. s i. sdfsdfds ii. dsfsdf 1. sdfsdfsdfsdf 2. sdfsdfdssdfsdfsf 3. sdfsdfdsfsf 4. sdfdsfdsf b. sfdsf c. fdsfsdfsd	3. adfsdfsf 4. sdfsdfsd a. s i. sdfsdfds ii. dsfsdf 1. sdfsdfsdfsdf 2. sdfsdfdssdfsdfsf 3. sdfsdfdsfsf 4. sdfdsfdsf b. sfdsf c. fdsfsdfsd
		· sdfsagsdag · dfadfda · sdfsdaf	· dsfsdaf

#	DEX Tech	On-chain Transactions	Characteristics
1	Everything-on-chain (EOC)	· Deposit and withdrawal · Submit orders o Sdfsdfsdfds o Asfsdga; o sdsdf	· Very low throughput (<1 TPS) · High latency (15 seconds)
2	Settlement-on-chain (SOC)	1. Settlement o Dfdssfsdfsdf o sdfsdf 2. Ether wrapping	· Low throughput (2-3 TPS) · High latency (15 seconds)
3	Proof-on-chain (PoC)	· Deposit and withdrawal · Data availability (optional)	· ZKP Proof per hash (256 bytes) · DEX offchain state hash (32 bytes)

#	DEX Tech	On-chain Transactions	Characteristics
1	Everything-on-chain (EOC)	· Deposit and withdrawal · Submit orders o Sdfsdfsdfds § Asfsdga; o kghk o sdsdf	· Very low throughput (<1 TPS) · High latency (15 seconds)
2	Settlement-on-chain (SOC)	1. Settlement o Dfdssfsdfsdf § Sdfsdf’ o Fghfgh o dfgfd 2. Ether wrapping	· Low throughput (2-3 TPS) · High latency (15 seconds)
3	Proof-on-chain (PoC)	· Deposit and withdrawal · Data availability (optional)	· ZKP Proof per hash (256 bytes) · DEX offchain state hash (32 bytes)

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