I can’t do anything any more after posting two comments. And the website ate my gas just by pressing the post button.
Welcome to Web 3.0
101–110 of 309 posts
Re: Welcome to Web 3.0
#102So far I've yet to see a convincing argument for what "Web 3" is and can offer that we can't currently do without the use of a Blockchain. It all seems to boil down to "it'll cost something to do something", which isn't exactly a convincing argument on its own. The responses to this story read rather like Facebook comments on controversial news articles - there's a bunch of comments claiming the website is a bunch of…
Isn't IPFS (InterPlanetary File System) considered web3? can't you use IFPS without cryptocurrencies?
[0] https://en.wikipedia.org/wiki/InterPlanetary_File_System
Re: Welcome to Web 3.0
#103This is just a hater hatin, coming up with the worst ways to make web 3.0 look bad. An example of a real value proposition of web 3.0 is spam protection and reduction of fake reviews. Much like how bitcoin itself cannot be counterfeited, utilization of the blockchain enables some guarantees in a digital world of endless copying. The only thing I got from it was that the creator hates crypto bros so much he's willing…
I think if we've learned anything so far from this decade long experiment it's financialization incentivises spam and low quality content like nothing before! The best creative communities I've been involved in make a point to avoid financialization which in turn keeps away a certain group of people who only engage for money
Re: Welcome to Web 3.0
#104For those genuinely curious about Web3: The new thing is that we can now enforce invariants on state transitions in a decentralized manner for a limited set of applications (mostly financial). With all the capital inflow thanks to the various crypto bubbles there is an insane amount of cryptography and distributed systems research going on to let us build general purpose decentralized databases in the future. Once we…
If I have an IP address I can host anything and anyone anywhere on the internet can access it right now. There's no company controlled centralized database I have to get permission from to host an apache server with cat photos for example. Isn't this problem already solved?
If you want to share control of that data with me—and say that the data represents something valuable (or is itself valuable somehow) and we don’t really trust each other not to tamper with it—then the classic “single server hosting data on the internet” doesn’t really do the trick.
If the number of people needing to collaborate is arbitrarily large, and includes people who don’t know each other and don’t trust each other, then the only option for storing and updating shared state in a tamperproof and durable way is to use a consensus-replicated blockchain.
Re: Welcome to Web 3.0
#105Earlier quoted context omitted.
You don't get these tradeoffs for free though. Anyone can make a "crypto currency" that is entirely centralised and has no fees and minimal environmental impact. Nobody would use it. I think much of the desire of crypto comes from being decentralised, and I am yet to see a crypto that doesn't use PoW that doesn't just favor those who are already rich.
Well, I can honestly tell you such a cryptocurrency exists. Cryptocurrencies are byzantine-fault-tolerant consensus algorithms. These are tricky algorithms to get right, but I can assure you that Bitcoin is not the only viable solution. In fact, I don't understand people's pessimism. In the universe of all possible algorithms of this kind, known and unknown, I find extremely unlikely that Bitcoin-like ones would be t…
There you go. Cryptocurrencies are here to stay no matter how much they hate it or continue to waste time on repeating the same old arguments even though there are far better cryptocurrencies out there that already exist.
The fact that they are unable to ignore them and continue to spread the same debunked nonsense tells you that it is not going away and it is getting boring.
Just look at the first few sentences:
> a slow distributed, append only spreadsheet technology which is destroying the planet we live on.
So Solana, Stellar and Algorand are destroying the planet?
> Blockchain isn't new. It has been around for as long as the iPhone. Look how much the iPhone has changed the world. Blockchains one claim to fame in this period is the creation of $5.2B/year ransomware industry, societal damage in the form of gambling and the loss of irreplaceable photos.
The internet isn't new. Its 'killer app' (The world wide web) came decades afterwards and it took decades more for adoption. I don't know why one would try to use ransomware on transparent and traceable blockchains these days, where everyone can see where it is going, unless you are using 'privacy coins' which those are getting banned due to regulations.
All of that did not stop Stripe to continue supporting cryptocurrencies for payments [0], did it? It's really getting boring repeating the same old arguments from critics like Stephen Diehl [1] who is unable to ignore the whole thing after his failed blockchain startup venture Adjoint. [2] That's why he is grieving and wasting his energy towards cryptocurrencies.
[0] https://stripe.com/gb/use-cases/crypto
[1] https://twitter.com/smdiehl
[2] https://twitter.com/dystopiabreaker/status/14701269278180679...
Re: Welcome to Web 3.0
#106Earlier quoted context omitted.
>one can simply build an alternative UI Oh, so web3 is for niche hobbyists?
That's a little unfair. Niche hobbyists will build the alternative UI, and regular people can choose to use it. Like Youtube Vanced or all the Wordle clones (yes those are both normal web. open / accessible data is orthogonal to blockchain, IMO)
How does one discover these alternative UIs?
How can average user trust that the data on these alternative UIs isn't being manipulated?
How long you think it will take until big sites would routinely do small tweaks to their databases/structures to systemically break these alternative UIs?
More so why would any of these for profit websites, like Youtube, even have a presence on web3?
Re: Welcome to Web 3.0
#107So far I've yet to see a convincing argument for what "Web 3" is and can offer that we can't currently do without the use of a Blockchain. It all seems to boil down to "it'll cost something to do something", which isn't exactly a convincing argument on its own. The responses to this story read rather like Facebook comments on controversial news articles - there's a bunch of comments claiming the website is a bunch of…
Web3 is dead on arrival. As it does not solve any of the problems Web 2.0 has (corporate/government censorship, abuse of user data, geolocking etc)
The what would hold some value would be a combination of self sovereign financial services & Tim's "Social Linked Data"/SOLID.
The current Web3 wave just seems like a legal marketing scam (scam as in legal but zero ethics). It's just about pumping price's and intellectual masterbation (talking about things they never do)
It is however true that you cannot separate economic incentives from a platform where we want to see economic activity.
Re: Welcome to Web 3.0
#108So far I've yet to see a convincing argument for what "Web 3" is and can offer that we can't currently do without the use of a Blockchain. It all seems to boil down to "it'll cost something to do something", which isn't exactly a convincing argument on its own. The responses to this story read rather like Facebook comments on controversial news articles - there's a bunch of comments claiming the website is a bunch of…
Isn't IPFS (InterPlanetary File System) considered web3? can't you use IFPS without cryptocurrencies? [0] https://en.wikipedia.org/wiki/InterPlanetary_File_System
Well kinda. It's complicated.
> can't you use IFPS without cryptocurrencies?
You can. And you should.
Cryptocurrency is a solution in search of a problem. Problem it purports to solve isn't something you can solve via software.
Re: Welcome to Web 3.0
#109So far I've yet to see a convincing argument for what "Web 3" is and can offer that we can't currently do without the use of a Blockchain. It all seems to boil down to "it'll cost something to do something", which isn't exactly a convincing argument on its own. The responses to this story read rather like Facebook comments on controversial news articles - there's a bunch of comments claiming the website is a bunch of…
Crypto makes it possible to own something digitally. Web3 incorporates this ownership. While Web 2.0 was about writing something to the internet and the World Wide Web was about reading something on the internet. It's a further iteration which just makes sense.
Why the hell do I need to "own" something online? Whatever I publish, people can do whatever the hell they want with it. I don't want DRM incorporated into the internet. Blockchain is a scam and anybody parroting its supposed advantages is either invested or naive.
Re: Welcome to Web 3.0
#110This link is inflammatory and does nothing to spark curiosity or useful discussion. It's essentially the opposite of what HN is for.
The vehement shilling against anything blockchain related is something I still don't really get. Sure, I get it, you don't like blockchain. But this website would've taken a bit of effort to put together, and for what? To shit on something the author doesn't like? What's the author trying to get out of making something like this?
People hate blockchains because they're tired of the spam from cryptobros who have done nothing to create anything actually useful.
Bitcoin is destroying the environment while providing no real decentralization since most people don't run their own clients. Other shitcoins are either outright scams or vulnerable to client forks like when Vitaly stole 150 million dollars.
After not actually solving currency, cryptobros moved to selling random pixels and now want to make the web an even worse place.
Not everyone wants that.
> What's the author trying to get out of making something like this?
You'd be surprised, but not everyone is trying to run a get-rich-quick scheme.