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Ethereum is Not a World Computer, and Swarm is Much More Than Just a Hard Drive
- Ethereum was initially thought of as a World Computer that would run on a virtual machine with Swarm acting as its hard drive, but this model was found to be inaccurate.
- Ethereum's capabilities are limited as it can only interact with the blockchain, making it more like a database with smart contracts acting as stored procedures.
- Swarm, essential for Web3, offers storage and bandwidth similar to Ethereum, and also functions as a content delivery network and supports mutable content storage.
- Swarm and Ethereum seamlessly integrate, with Swarm nodes identified using Ethereum addresses and content validated through smart contracts.
- Swarm facilitates a silo-free approach where users have their own storage within the global network, enabling easy data access and preventing migration complexity.
- In a Swarm-based decentralized Twitter model, feed aggregators are stateless and censorship-resistant, ensuring user control over their data.
- The true World Computer comprises stateless servers on top of Swarm's storage layer, enabling diverse tasks in a decentralized service network.
- While Ethereum is pivotal in powering Web3, it is not a complete World Computer; Swarm's decentralized storage and service capabilities make it a vital component of the ecosystem.
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