Google Inc, the internet giant sources out information about SPDY (pronounced “SPeeDY”), the research project being undertaken by the Company that seeks to make the web work faster.

Currently in its early stage, SPDY is at its core an application-layer protocol for transporting content over the web, says Google in its blog post. The SPDY is being designed to specifically to reduce the latency through various features such as multiplexed streams, request prioritization and HTTP header compression.

SPDY took off as Google’s exploration to find ways that could help to make the process of communication between the browser and web servers more efficient. The Hypertext Transfer Protocol (HTTP) is the web standard since 1996 that allows interaction between web servers and client browsers eventually resulting in the content transfer to a web page.

“HTTP has served the web incredibly well. We want to continue building on the web's tradition of experimentation and optimization, to further support the evolution of websites and browsers. So over the last few months, a few of us here at Google have been experimenting with new ways for web browsers and servers to speak to each other, resulting in a prototype web server and Google Chrome client with SPDY support,” says Google in the blog post.

As for the initial developments for SPDY, during tests conducted at Google labs, web pages for top 25 websites have been loaded at a rate 55% faster thus implicating significant improvement in the performance.

“There is still a lot of work we need to do to evaluate the performance of SPDY in real-world conditions. However, we believe that we have reached the stage where our small team could benefit from the active participation, feedback and assistance of the web community,” Engineers Mike Belshe and Roberto Peon wrote in the blog at Google.