The report discusses the crucial role of databases in efficiently handling vast quantities of mutable data and controlling access to it. It highlights that while databases are a fundamental part of the Web2 application stack, they have been largely overlooked in Web3. The report further discusses the emergence of numerous decentralized database projects, each with a different approach, distinct trade-offs, and focus on specific market niches.
- Recognize the importance of databases: Databases are crucial for efficiently handling and controlling access to large amounts of mutable data.
- Understand the gap in Web3: Despite their importance, databases have been largely overlooked in the development of Web3.
- Explore emerging solutions: Numerous decentralized database projects are emerging, each with a unique approach and focus. These could potentially fill the gap in the Web3 infrastructure.