Fans of Web3 and blockchain technologies dream of transforming even the most familiar aspects of our lives. One such aspect is email, and blockchain is slowly but steadily making its way into this domain. Let's explore the advantages and limitations of blockchain-based email compared to traditional email services.
Advantages of Decentralized Email
At first glance, blockchain seems ideally suited for email. With its encryption mechanisms and decentralized data storage, it provides a high level of message privacy and security. In blockchain-based email, messages are stored in a decentralized manner, accessible only to the sender and recipient, akin to the advantages of cryptocurrency over traditional finance.
It's essential to note that messages in blockchain email cannot be altered or deleted, making them tamper-proof and immutable, which can be particularly useful, for instance, in legal proceedings.
Addressing the Spam Issue and Integration
Blockchain email promises to tackle the problem of spam, as senders will need to pay fees for message validation. This will make mass mailings less attractive to spammers.
Furthermore, blockchain email integrates with the Web3 world, including DeFi and NFT spheres. This means that your electronic messages could become part of new digital realities.
Disadvantages of Decentralized Email:
Despite numerous advantages, blockchain-based email has its drawbacks.
Scalability Issue
Blockchain has limitations on the number of transactions it can process within a certain timeframe. This poses a real threat of overloading a blockchain-based email service, considering the volume of messages sent worldwide.
Compatibility with Traditional Email
There is a compatibility issue between blockchain email and existing protocols like SMTP. This could hinder the transition to the new technology.
Paid Messages
Using blockchain for message exchange will likely involve transaction fees. This might be a barrier for users accustomed to free email services.
Mailchain, Dmail, LedgerMail, and EtherMail:
Several blockchain email projects are already available on the market, such as Mailchain, Dmail, LedgerMail, and EtherMail. Each of them has its features and advantages but also faces challenges related to integration, scalability, and payment.
For instance, Mailchain offers the ability to exchange messages with attachments and HTML but requires a fee for messages after the free quota is exhausted.
Dmail integrates with various Web3 solutions but lacks clear documentation on its blockchain usage.
LedgerMail operates on the XDC blockchain and applies asymmetric encryption for secure message transmission.
EtherMail uses blockchain and has its native token EMC.