- Currently, over 3.1 billion people actively using messaging applications daily.
- The XMTP is an open web3 protocol that secures and supports DMs, alerts and announcements between blockchain accounts.Â
- Secretum uses Solana’s 700000 transactions per second with a $0.00025 average cost per transaction.
During the age of Web1, when the internet received global recognition, a new form of technology rapidly enveloped its entire ecosystem; messaging Apps. One of the greatest and first achievements of the internet is its ability to support instant communication globally. Today, messaging applications are a norm and form one of the basic levels of communication. Fortunately, a new era dawns on the multimillionaire franchise that seeks to invert our entire conception of communication; blockchain messaging. The rapid growth of decentralized communication systems has led to the development of web3 message platforms. This new form of communication holds much promise due to its heightened security and faster transfer time.
This article highlights the top three web3 message platforms setting the pace for change. In due time, we may witness the global transition to blockchain messaging, but first, we must understand what it is.
Understanding web3 messaging platforms
Developers and users initially only viewed the web3 industry as the next-global financial system. Its first implementation, crypto, provided a new angle towards the transaction systems. At first, it did receive plenty of scepticism but gradually became cause one of the highest rates of innovation.
Developers managed to isolate the different competencies of Bitcoin’s blockchain systems and find new ways to implement them. This eventually gave birth to the fintech industry, web3 music, VR real estate, NFT and many more advancements. It became apparent that blockchain had an astounding measure of flexibility. This led to its implementation in a new franchise; the messaging applications.
In a nutshell, web3 message platforms or blockchain messaging are implementing blockchain technology to develop messaging applications to actualize decentralized communication. It delivers a self-custody and a decentralized environment where users can communicate and access numerous web3 facilities like crypto or NFT trading. Web3 messaging platforms are just a small piece of the bigger picture. In most scenarios, blockchain messaging is an added feature in various exchanges, but it can exist as an independent entity.
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From a technical viewpoint, in web3 messaging platforms, the conversation is transformed into a single transaction ID. The underlying smart contracts store it in an immutable way within its blockchain network.
Blockchain messaging
Blockchain messaging enables users to communicate without fear of hacking or leaking sensitive information. Currently, over 3.1 billion people actively using messaging applications daily. In Web2, numerous messaging applications serve as the backbone of communication and distribution of information.
Organizations such as WhatsApp, Facebook, iMessage, and any standard messaging apps are significantly prone to data breaches and centralized control of information. For instance, in 2022, hackers compromised over 500 million users through a vulnerability in WhatsApp.
This led to major controversies that affected other messaging applications. Fortunately, the innate security measures in blockchain messaging mitigate such issues. One of its core benefits is its ability to authenticate the sender and the receiver. Traditional messaging applications like Twitter are prone to scammers and phishing attacks. Web3 messaging platform, however, offers quick on-chain verification that protects and supports the users directly.
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Top Web3 messaging platforms to check out.
With the consistent expansion of the web3 industry, more organizations turn toward blockchain to remain in sync with the world’s current transformation. This has resulted in several web3 messaging platforms, each seeking to dominate decentralized communications before the global transition to web3. Below are the top three organizations dedicated to providing blockchain messaging features.
The Extensible Message Transport Protocol.
One of the first blockchain messing protocols is the XMTP, which can integrate into any blockchain network to facilitate decentralized communication. The XMTP is an open web3 protocol that secures and supports DMs, alerts and announcements between blockchain accounts.
XMTP debuted in 1999 before developers perceived the concept of web3. At the time, decentralized communication was an additional concept supplementing existing web2 messaging applications. Only after the web3 industry showcased its superiority to Web2 did developers categorize XMTP under it. It establishes decentralized communication by simplifying various communication use cases for crypto wallets, and decentralized applications.
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Likewise, it utilizes the XMTP SDK feature to retrieve and store messages securely in blockchain databases. It also supports various wallet injection scenarios, including mobile apps, hardware wallets and browser extensions. Today, most crypto wallets use XMTP to provide streamlined and consistent blockchain messaging features, creating new paths of opportunity for users and developers.
It also provides an added form of transparency, allowing users to view their chats from any device without fear of compromise, and delivers off-chain storage capacity for scalability and privacy.
Secretum
Secretum is a web3 messaging platform built on the Solana blockchain. It contains multiple blockchain messaging features, contributing significantly to the success of its parent blockchain network. Secretum offers encrypted, and scalable decentralized communication. In addition, it offers users control over who views their information. Aside from being one of the top web3 messaging platforms, Secretum provides trading solutions for several cryptocurrencies.
Since this blockchain messaging application facilitates decentralized communication throughout Solana’s vast reach, developers added a few features. Users can create channels and spaces accessible to a select community or group. This feature allows developers to communicate while working on different projects without fear of espionage. Each channel is controlled by its participants, creating a miniature-decentralized communication link reserved for them.
Furthermore, Secretum uses Solana’s 700000 transactions per second with a $0.00025 average cost per transaction. This significantly increases its transaction speed and offers minimal cost. It also permits staking and compensating users who utilize its blockchain messaging features. This web3 messaging platform also has a native token that operates its entire ecosystem; the SER Coin.
 Web3MQ
Web3MQ is a web3 messaging platform dedicated to pioneering crypto-native decentralized communication infrastructure. Luke Wang, Co-founder of S3 Labs, developed this platform to change how users and stems interact with messages. Luke built Web3MQ to provide an open platform that utilizes blockchain messaging to its fullest. According to Luke ad his team, decentralized communication is the next iteration of traditional messaging applications. It derives its main agenda from Ethereum and seeks to ensure the global adoption of the web3 industry.
Web3MQ offers maximum modularity within its ecosystem, encryption and a compatible public chain. This allowed developers to achieve a higher state of privacy protection without hindering the distribution of information.
This blockchain messaging software enables native web3 communication and value transfer. It can be directly connected and accessed through your wallet without compromising any blockchain security system. Furthermore, DAOs can utilize its numerous functionality, increasing its compatibility.
Its innate smart contracts give users complete control over their chats. The numerous chat options allow users to navigate any additional feature, like having a separate discord or creating a secure and exclusive group chat. Web3MQ stands for the global adoption of the web3 industry, and to achieve this has significantly improved its flexibility.
It can reconnect isolated social platforms with a unified inbox. This allows the free generation, flow and categorization of information funnelled from multiple terminals. They have also designed their services to accommodate over a billion users without compromising on speed and efficiency.
In addition, developers designed this web3 messaging platform to be a middleware infrastructure network. This means it can be compatible with any chain and accommodate multiple extensions. Its distributed ownership has protected the integrity of its messages, elaborating how best to handle its blockchain messaging features.
Conclusion
These web3 messaging platforms are a clear indication of the changing times. The web3 industry has branched beyond its initial application and offers much more. Decentralized communication will soon become mainstream, replacing transitional messaging applications that cannot keep up. Fortunately, several social media platforms like Twitter have acknowledged this change and are steadily embracing Web3.