How do decentralized storage and consensus frameworks contribute to the Web3 ecosystem?

Decentralized storage and consensus frameworks are essential for advancing the Web3 ecosystem by addressing challenges inherent in traditional centralized systems and unlocking the full potential of decentralized applications (dApps). Insights from the "Building the Backbone of Web3" masterclass highlighted the transformative impact of these technologies and how innovations like Exa Protocol, supported by Pivot's acceleration programs, are redefining the space.