Presearch community launched the first decentralized search engine on the web 3.0

Presearch is a potential alternative to Google aimed at entering the search query segment. The decentralized search engine has just come out of the testing phase and could be launched soon.

A search engine by people and by people

Presearch, the decentralized private search engine with 3.8 million registered users and 150 million monthly searches, is growing from testnet in Mainnet. All search traffic on the engine’s decentralized network will be from nodes managed by volunteers.

Web Engine 3.0 declared that ” The decentralized network will now process over 5 million private searches per day, with the potential to grow to hundreds of millions The Canadian company has acquired the domain that reads, and changed it from Web 3.0 is revolutionizing all industries, including music according to artist Pharrell Williams.

In an effort to compete with Google, the company aims to make available a free set of user data by using volunteer-run computers, called nodes, to expand search query results. Nodes are rewarded with a blockchain-based token for producing the results.

In a world where a single company controls 92% of the search engine market and information flows to billions of people, there is a clear need for a decentralized Web3 alternative. said Colin Babb, founder of Presearch. ” Presearch offers a community-managed alternative to centrally controlled search engines such as Google, DuckDuckGo, and Brave. The launch of Mainnet today is an important milestone for the Presearch community and for the future of search. Google is also attacking Web 3.0 by working on a dedicated team.

The company said on its blog: We now have the ability for node operators to contribute computing resources, reward them for their contributions, and see the network automatically allocate those resources to places and tasks that require addressing.. »

Presearch interface

A revolution to change the balance of power

In 2018, Google was fined 4.24 billion euros by the European Commission for unfairly using Android to cement its dominance of search engines. Google has agreed to make changes to its default settings, making Presearch the default search engine option on all Android devices across the UK and Europe in 2021. Nearly 70% of smartphone owners in Europe use Android, which has contributed to a significant increase In pre-search downloads on Android devices.

Now as a leader in decentralized search, Presearch has built a growing network of 65,000 nodes managed by community operators to power its search engine. testnet.

Node operators are rewarded with Presearch’s PRE cryptocurrency for every successful request they process, allowing them to receive a portion of the value of the network, similar to how bitcoin miners earn BTC when they process financial transactions on this network.

Rather than a few companies acting as gatekeepers controlling access to information for the entire world, Presearch is pioneering a better future where search algorithms can be built and run openly by anyone, verified by all, and where choice and control are returned to those who use search engine Trey Grainger, chief technology officer at Presearch said. ” We are grateful to the Presearch community for enabling this important achievement as we are all launching the Presearch Mainnet together.. »

Web 3.0 attacks all aspects of the 2.0 economy, search engines are highly centralized and users have virtually no control over their data. Thanks to projects like Presearch, it is finally possible to change that, while sharing this collective success.

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Alexis Patten

Passionate about geopolitics, economics, cryptocurrency, Eurasia and travel! (as far east as possible), cryptocurrency trader for 4 years.

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