Live data from Hacker News

Ask HN: Is Web 3.0 just crypto or something more?

news.ycombinator.com

61–70 of 92 posts

Re: Ask HN: Is Web 3.0 just crypto or something more?

#61

As suggested, the core ethos of web 3.0 is truly decentralisation. Decentralisation of internet was there since the very start of the World Wide Web. The first internet during era of ARPANET was decentralised and it evolved into giant monolithic cloud to to appease the economies of scale. In recent times, we have seen a lot of limitations and vulnerabilities of our dependence on the cloud counting from data breaches,…

So why isn't it called web1 or web0? I do think dApps are closer to Email, a web0 protocol (and the only truly decentralized user-facing protocol left)

web1 or web0 etc are just terminologies we use, wouldn't it be about how it is designed and operates.

A very interesting blog on the same: https://stratechery.com/2021/internet-3-0-and-the-beginning-...

Re: Ask HN: Is Web 3.0 just crypto or something more?

#63
post #12
post #10

Earlier quoted context omitted.

Web 2 as a term itself was coined much later when people needed to distinguish web 3 from status quo

For users Web1: read only Web2: read-write Web3: read-write-own

This is a nonsense meme. I used web message boards like ezboard in 1996.

Re: Ask HN: Is Web 3.0 just crypto or something more?

#64
post #12
post #10

Earlier quoted context omitted.

Web 2 as a term itself was coined much later when people needed to distinguish web 3 from status quo

For users Web1: read only Web2: read-write Web3: read-write-own

Web1 was not read only. If we do not consider things Geocities - phpBBs and others were before web2.

Re: Ask HN: Is Web 3.0 just crypto or something more?

#65
post #6

Earlier quoted context omitted.

Its a marketing term in the same way web 2 is. That doesn't mean it isn't something new and useful though, just like web 2 was.

Most revolutionary/generational tech has started with an implementation or at least a proof of concept of something new and novel that subsequently drove interest in how it worked. Like Google Maps use of AJAX for infinite scrolling or Napster and peer to peer networks, or even Bitcoin and blockchain. I’m not aware of any such example for Web3.

I believe edge computing is one of the game changing technologies for the decade. I am not sure if it can fall under the purview of Web 3 or not. For example one of the library I implemented was along training ML models on user devices instead of the cloud maintaining privacy and personalization.

https://github.com/NimbleEdge/RecoEdge

Re: Ask HN: Is Web 3.0 just crypto or something more?

#66
post #6

Earlier quoted context omitted.

Its a marketing term in the same way web 2 is. That doesn't mean it isn't something new and useful though, just like web 2 was.

Most revolutionary/generational tech has started with an implementation or at least a proof of concept of something new and novel that subsequently drove interest in how it worked. Like Google Maps use of AJAX for infinite scrolling or Napster and peer to peer networks, or even Bitcoin and blockchain. I’m not aware of any such example for Web3.

Decentralized identity. Having an on chain address, and its holdings as your username + public assets. It's past proof of concept. It has not propagated to become commonly accepted yet.

Re: Ask HN: Is Web 3.0 just crypto or something more?

#67
post #52

Earlier quoted context omitted.

> Maybe a consent mechanism to use other's data in privacy safe manner, where anyone can build their analytics models and people can choose which one to follow or choose. Seems like a interesting proposition. But cryptobros are all about secondary markets. So as soon as you give permission to your data to an entity they'll copy it off-chain (you can't stop them if they can read it) and bundle it up for resale. All th…

That's why not giving them ability to copy data, allow them to use that data only on your device and send aggregated information back. So they cannot copy the data

So they are going to run code at your home instead of using data directly. Maybe I'm missing something but this sounds bit naive to me. Most of those crypto solutions sounds just like detour with similar result in the end.

Like you can have decentralized web now, you can host your video on your server. Maybe even p2p. Just the reach would be probably minimal. And you can have your own bitcoin wallet. I was downloading chain to my wallet ten years ago and it was slow. Most people will chose some centralized service even for crypto.

Re: Ask HN: Is Web 3.0 just crypto or something more?

#68
post #2

Decentralization without blockchain has existed and worked for decades.

Can you name one example of decentralized software?

Email, blogs, forums. Pretty much the whole internet in the 90’s. But then centralisation turned out to be more profitable, so they could hire UX designers and attract all the users...

Re: Ask HN: Is Web 3.0 just crypto or something more?

#69
To me the crypto technologies are only one possible application on the Web 3.0.

There are voices, that Web 3.0 is the same as the DWeb - the distributed web. Like IPFS, which might be indeed a solution against DDOS attacks and censoring. [1]

On the other hand, there are people who think that "The promise of a decentralized and trustless future is forever just that: a promise, and in the future." [2]

1) https://decrypt.co/resources/how-to-use-ipfs-the-backbone-of...

2) https://networked.substack.com/p/web3-i-have-my-daots

Re: Ask HN: Is Web 3.0 just crypto or something more?

#70
post #52

Earlier quoted context omitted.

> Maybe a consent mechanism to use other's data in privacy safe manner, where anyone can build their analytics models and people can choose which one to follow or choose. Seems like a interesting proposition. But cryptobros are all about secondary markets. So as soon as you give permission to your data to an entity they'll copy it off-chain (you can't stop them if they can read it) and bundle it up for resale. All th…

That's why not giving them ability to copy data, allow them to use that data only on your device and send aggregated information back. So they cannot copy the data

You're just describing signing tokens which has been around for decades with smart cards. There's no need for a blockchain to be involved in that process. It just makes it slower, expensive, and public.

If you want some personal data to show up somewhere be it a name or avatar it has to leave your device. At that point someone can and will copy that data. If there's value with associating that data with your activity someone will do it.

Post reply on HN