Point Network Launches Full Web3 Architecture
by Serge Var, CEO and Co-Founder of Point Labs, at the 2022 Web 3.0 Conference in January.
The only decentralized part of a typical “decentralized application” turns out to be the smart contract, with everything else open to being compromised. The way it works is by leveraging a combination of several decentralized technologies, replacing the vulnerable components of the old internet: decentralized browser , decentralized domains living on the blockchain, and decentralized storage .All decentralized applications that you know and love can easily be deployed on Point Network, and at first sight, they look and feel exactly the same: just instead of, and instead of Metamask or Phantom, a Point confirmation window would pop up .
Point Labs has released a public alpha version in October last year for the Solana Ignition hackathon, where they ended up on the Judges Honorary List of projects, after which they have raised several VC rounds from firms including, among others, Sino Global Capital, Arweave, Solar Eco Fund, Zoomer Fund, Definitive and Chorus One.