51–60 of 706 posts
What is the name of this cognitive bias that shows up in all web3 conversations about how internet/web2 ended up being a success and therefore web3 will too? If X led to Y, then Z that (we say) is similar to X will also lead to Y.
I read this as yet another article stating how great web3 is going to be and how important the decentralization aspect is, without making it clear exactly why this is the case, and what concrete examples of things we'll be able to do with it (that we're unable to do today) are. Web3 sounds to me like one of those soap opera startups PG talks about. They sound like a great idea when you propose them, but do people rea…
This article is filled with absolutely 0 reasons why Web 3.0 should be taken seriously. All it says is: Web 3.0 matters because I say so. And we will prove it, Yes.. and?
what's web3? ¯\_(ツ)_/¯
Let's say all crypto goes down in value 10% year after year in 2022 indefinitely. This shouldn't necessarily affect the value or necessity (or lack thereof) of Web3. Can Web3 practically succeed under these conditions? Unfortunately after engaging with many in person and on this forum, I've yet to hear a coherent strategy or purpose for Web3 that doesn't rely on centralized entities at any part of the chain, or rely…
GE with a workforce of over 174,000 employees sells 75 billion dollars in goods and services, yet has a price to sales ratio of 1.37.
Earlier quoted context omitted.
The currently most popular implementation of this "open database" (Bitcoin) is indeed slow and scales poorly. But if you start looking into the new ideas, you'll find there are plenty of still decentralized blockchains with much faster confirmation times (even as low as 5 seconds) today.
Which coins have confirmation times that low with the volume of Bitcoin?
If web3 is truly about privacy and data portability, then 90% of the people working on DeFi should shift their efforts to making a better browser, possibly one that incorporates IPFS natively and quickly.
I think it's really easy to be doubtful about web3, especially given how much BS is floating in the space, and the high amount of pure speculative trades having been made so far. I still believe that there's something there, but I'm not sure what it is. I am also unsure that the current wave of companies will be able to find it. The different between the early adoption of web2 and this current web3 cycle is that web2…
In many countries real estate transactions are validated by a notary elite that has a lot of political clout. Technical superiority is not even a factor here.