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Welcome to Web 3.0

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291–300 of 309 posts

Re: Welcome to Web 3.0

#291

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Carrier pigeons too, there's already a RFC for it: https://datatracker.ietf.org/doc/html/rfc2549 TCP/IP over smoke signals would make a great RFC in a couple weeks. ;)

> TCP/IP over smoke signals I like the idea, I'm just worried about the CO2 released. Then again, if the alternative is tons of bird-cr&! everywhere, it may be the better way.

I’d worry also about the methane from the donkeys.

Re: Welcome to Web 3.0

#292
post #250

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> The internet isn't new. Its 'killer app' (The world wide web) came decades afterwards and took decades more for adoption. The Internet started in the mid 1980s and became available to consumers in about '89[0]. The WWW was created in '90. By '94 it was wildly popular. Netscape IPOed the next year, with millions of users. Generously, you could call that about 5 years from public availability to cultural dominance. B…

The first version of the internet was called Arpanet and it was apparently released in 1969 according to Wikipedia. It only became widespread in its current incarnation much later. Moreover, there was an immense amount of hype around the internet during the 90s that culminated in the dotcom bubble, wiping out most ventures and leaving only few companies which still exist today. If you ask me, the story of the interne…

The web wasn't publicly available until 1992, which is why there was so much hype around it in the 90s. Both eBay and Amazon were started within two years of the web being opened as part of what started as the dot-com boom and became the dot-com bubble a few years later.

The time between the web opening and the end of the dot-com boom is about the same as the time between Bitcoin being announced and Ethereum going live, a period in which barely anyone used crypto and it had almost zero impact on the world. Even since then its wider impact is minute compared to what came from the dot-com boom.

Re: Welcome to Web 3.0

#293
post #283

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Well that's terrible and should be stopped. Digital assets shouldn't be controlled by authority as long as you aren't converting it to fiat. Then, (while I still don't support it, I get it) I understand if IRS takes a portion when you convert it to USD. But that should be all about it. Crypto "world" should have a separate line with fiat world and fiat-controlling authorities shouldn't have any power there as long as…

Why should it? If crypto became popular there wouldn't be tax revenue

Because crypto should stay crypto. The moment government controls something "in-crypto" then it's no longer decentralized, beating the whole purpose.

Re: Welcome to Web 3.0

#294

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You think I don't see the flaws? I've been seeing all the Ponzis, P&D groups, shitcoins/memecoins, inflated prices around NFTs for the sake of flipping, scam ICOs and rug pulls, yields and stakes and the unfulfillable promises, and most importantly environmental impact of PoW. Yet I still think benefits and the potential impact (which is not theoretical, just needing a bit more mass adoption to take off) greatly outw…

What benefits are those exactly?

These: https://news.ycombinator.com/item?id=30682731#30683423

Re: Welcome to Web 3.0

#296

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> That’s actually a good point and Bitcoin/crypto solves this. For now. Governments are catching on, and since the transactions are public, they can (and are putting the building blocks in place now) easily apply the same regulations to international bitcoin transactions as they do traditional money transfers. Basically, folks today are taking advantage of a blind spot in government oversight. They're aware of it and…

Yes, that’s true but for the sake of the argument lets say it solves that problem. What do web3 and NFTs solve?

Creating new ways to interact with the world.

People can collect and trade items of virtually any kind that virtually represent anything digitally. They can also be programmed to perform tasks to do anything on the chain.

Basically it's creating a whole new platform that isn't controlled by anyone and everyone can contribute to it as a user or a contributor (NFT creator, contract designer etc) to suit different use cases.

Just because some actors use it to scam obviously doesn't mean that the whole ecosystem is bad.

Re: Welcome to Web 3.0

#297

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Yes, that’s true but for the sake of the argument lets say it solves that problem. What do web3 and NFTs solve?

IMO, nothing. NFTs are already centralized and primarily used as scams. If your non-scam NFT is blocked by OpenSea, it might as well not exist for the purposes of selling and re-selling. Where NFTs are not used for scams, they're being implemented in a proprietary blockchain and used as a method of extracting more money from customers with no new benefits (it's not like customers can re-sell their NFTs; see: propriet…

I work for several NFT art projects.

None of them are scams. I know many people who work on other NFT projects which aren't scam as well.

They are all on public blockchains, perfectly functional with relatively healthy communities.

I think you are cherry picking the scam projects by using the word "primarily". We hate scam projects just as much as you do, they damage the reputation and trust of whole ecosystem.

Re: Welcome to Web 3.0

#298
post #274

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>> The word “equivalent” is doing a lot of work here; because if what you purchased was the nominal rights to a URL that may or may not 404 at any moment, you haven’t done anything worthy of jealousy. Maybe I'm not explaining it clearly enough. The jealousy isn't that you've been rich enough to buy a picture of a monkey. It's that you have so much 'money' that you can spend it on something so stupid and not even care…

"You're just jealous" is something you'd say to another 8 year old, not a solid defense of crypto. It's quite telling you had little else to point to.

It wasn't supposed to be a defence of crypto. I have no need to defend it and there are plenty of reasonable criticisms of it. I was just trying to explain the kind of unsubstantial attacks on 'crypto' we see frequently (e.g. this post). "You're jealous" may sound childish but that doesn't make it untrue.

Re: Welcome to Web 3.0

#299

Earlier quoted context omitted.

What benefits are those exactly?

These: https://news.ycombinator.com/item?id=30682731#30683423

But none of that requires a Blorkchain to do.

Just because Blorkchains can solve a given problem, doesn't mean it's the best, or only solution. One could design a notetaking app using remote controlled combine-harvesters that mow the notes into prepared fields of wheat serving as storage media, and camera drones to read the information back. Doesn't mean it makes sense to do so.

Re: Welcome to Web 3.0

#300

Earlier quoted context omitted.

These: https://news.ycombinator.com/item?id=30682731#30683423

But none of that requires a Blorkchain to do. Just because Blorkchains can solve a given problem, doesn't mean it's the best, or only solution. One could design a notetaking app using remote controlled combine-harvesters that mow the notes into prepared fields of wheat serving as storage media, and camera drones to read the information back. Doesn't mean it makes sense to do so.

I agree with overengineering part where people try to blockchain-ize everything for the sake of doing it (and raising money).

On the other hand, I still believe my example about freedom is still a perfect use case of it and I don't know other ways of doing it.

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