My First Impressions of Web3
471–480 of 1001 posts
Re: My First Impressions of Web3
#472>Blockchains are designed to be a network of peers, but not designed such that it’s really possible for your mobile device or your browser to be one of those peers. [...] With the shift to mobile, we now live firmly in a world of clients and servers – with the former completely unable to act as the latter I've got a dumb question: Why can't the phone or browser act as a node? Are the computational requirements too ex…
Re: My First Impressions of Web3
#473Earlier quoted context omitted.
But then it’s just back to trust based web2, you’re trusting internet archive. That’s his point: this isn’t leading to trust less decentralization in practice. To do that, you’d have to store the NFT data on chain, which is prohibitively expensive
This is where it falls apart for me too, people are paying huge sums for artificially scarce links to someone else’s server? I keep feeling like I’m missing something.
(There's all kinds of problems with it, sure, but they aren't paying for the link.)
Re: My First Impressions of Web3
#474Earlier quoted context omitted.
>> At the risk of displaying my ignorance and lack of knowledge about this area, one part I found very familiar in this article is that the action interactions in his apps didn't actually interact with the blockchain, but essentially with two centralized services. Absolutely correct. Extremely flawed reasoning regarding blockchains and web3 on Moxie's part. He actually created more confusion than enlightenment.
What's flawed in his reasoning?
So dapp -> infura -> blockchain is really client -> client -> blockchain.
When multichain interoperability becomes widely available (See polkadot, cosmos, etc) blockchains will also become clients as well. Clients at any level won't be bounded like they currently exist in centralized networks.
Re: My First Impressions of Web3
#475Earlier quoted context omitted.
Just looked it up, this looks like a tool to let you and your friends create a “private internet” using a VPN. Which is cool (I could see a bunch of uses for this, like SSHing into my home computer while I’m on the go), but I’m talking about the ability to expose a device on your home network to the public internet.
One approach is to use a public proxy + tailscale VPN, https://init8.lol/expose-web-services-at-home-via-tailscale-...
Re: My First Impressions of Web3
#476Earlier quoted context omitted.
The centralization of apis (infura, opensea and ethscan used by metamask) is the biggest problem. I could be wrong, but I don't think we've seen that fast consolidation in other early tech. I remember in the late 90s there were a number of search engines but no one really owned the space. Only 20 years later did Google emerge as the winner and is (IMO) by far the best in terms of relevant results. But that didn't hap…
> I don't think we've seen that fast consolidation in other early tech I actually struggled with this point throughout the article. I'm not sure I see this as a parallel trend toward centralization like we saw with web2 - but rather that this is how software is built today and this is what we're comfortable with. It doesn't seem unnatural or problematic to me that we will start with something that approximates the wo…
Re: My First Impressions of Web3
#477Earlier quoted context omitted.
How is that a flamewar? Literally talking about the content of the article.
You started from the article and headed straight for a highly repetitive flamewar trope. That's just what we're trying to avoid. Would you mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of this site more to heart? You unfortunately have a history of violating it, and we're trying for at least a slightly better quality of discussion here.
Re: My First Impressions of Web3
#478You don't get the same insurance that you get by verifying all of the blockchain of course, but recursive zero-knowledge proofs that attest to the state transitions might solve this (cf Mina).
Another issue is key rotations, which increase the size of the proof (as you need to give proofs to all the key rotations before you can give a proof to the latest state of the chain), but I believe that zero-knowledge proofs can fix that as well.
Bottom line: it's actually not that grim, solutions are there, but users have to care for people to implement them, apply them, and for the solutions to receive adoption.
Re: My First Impressions of Web3
#479Earlier quoted context omitted.
So the idea would be to create a giant file of every Rolex transaction made in the future. And then search through that file for a given NFC tag to determine authenticity. Doing all of this in case Rolex goes out of business and can no longer maintain a hypothetical authenticity server? Gotta say, it sounds kind of crazy
This is about as good as it gets with crypto.
Re: My First Impressions of Web3
#480If you care about the environment even a little bit (like turning off lights in rooms you're not occupying) then you will reject Web3. Even the most efficient blockchains use more energy than the status quo unnecessarily. This is also to say nothing of the fact that it's more expensive per USD/KB transferred, slower and more complicated. I think what Web3 should be is a way to use your laptop or any commodity compute…
What about proof of stake chains, do you reject those too? How many companies with huge carbon footprint do you reject? What about cows did you reject them?
Proof of stake still use more electricity per KB transferred than the status quo.
> What about cows did you reject them?
Not sure how this is relevant to internet? Can cows run websites?