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Are we wrong about Web3?

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Re: Are we wrong about Web3?

#11

Post by LukeEF »

eatonphil wrote: post #3

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

It isn't really saying anything - just trying to give a look at an ongoing internal dialogue about web3, which i suspect is pretty widespread. Devs often don't like permissionless blockchain and crypto, but do like decentralization and moving away from giant beasts like Apple, Google, Facebook. The Socratic method of back and forth points can help to stimulate critical thinking. Thou maybe that has failed in this case!

Re: Are we wrong about Web3?

#12

Post by darkwater »

eatonphil wrote: post #3

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

Firefox on Android and it looks pretty slick in my opinion.

Re: Are we wrong about Web3?

#13

Post by [deleted] »

PaulHoule wrote: post #7
lkjaelkj wrote: post #5

Earlier quoted context omitted.

They just want some of the sweet web VC money. I mean, when you have federal prosecutors turned 'web3 investor' why not? Total shit show.

Note the "Are we wrong..." kind of phrasing and use of unspecific hypnotic language right out of Milton Ericson. This is aimed to provoke FOMO in the clueless; people like us will read this and realize the author is clueless but the clueless will struggle to find the wisdom here and assume they aren't getting it because they don't understand the text, not that the text is meaningless. It's like that puff piece on cry…

[deleted]

Re: Are we wrong about Web3?

#14

Post by onion2k »

web3 definitely could be as successful as git if you remove the payments side of it. Without payments web3 starts to look like an interesting and useful idea. Ownership of content, federation between platforms, trustless publishing, etc are concepts the web lacks, and that could definitely be interesting to layer on top of the web.

Adding payments into the mix kills it like every other microtransaction protocol though. git would have been significantly less successful if it cost you a small amount of money to merge a PR, or to fork a repo, or to push something.

Re: Are we wrong about Web3?

#15

Post by PaulHoule »

chomp wrote: post #6
eatonphil wrote: post #3

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

I can only guess, but it looks like they want to ride (and got VC funding to ride) the Web3 hype wave, but they don't want to be lumped in with "the other Web3 people".

It's consistent with what you see in other insider communication about "Web3" in that words and symbols are used in isolation from each other and without any attempt at weaving them into a narrative.

For instance the official site for Bored Ape Yacht Club shows a bar with a neon sign that says "FOMO". Near the entrance in Decentraland there are pictures of the Doge and other internet memes.

It is not about communicating a message in the conventional sense but rather like plucking a string and having it vibrate another string of the same length by resonance.

Re: Are we wrong about Web3?

#16

Post by danielvaughn »

PaulHoule wrote: post #2

If you are expecting your business to be around in 2023 you should shut up about "Web3". If you want to have good people for customers, if you want to hire good employees, if you want to have good vendors, shut up about "Web3". Don't take good free software like "Git" and slander it by associating it with platforms that charge fees on top of fees on top of fees; platforms that charge you fees to pay your fees that ma…

Yep. My first job in tech was with a platform that promised a "Web 2.0" experience that was centered around drag-and-drop. Take a wild guess as to whether they're still around...

Re: Are we wrong about Web3?

#17

Post by kerblang »

I like how the author repeatedly pointed out how much HN hates web3, and the postings herein reinforce that with hilarious intensity. I mean, hey, guys, I think everybody knows you hate web3. But thanks for the reminder anyhow.

ps For the record I also hate web3

pss Feel free to remind me you hate web3 too

Re: Are we wrong about Web3?

#18

Post by shafyy »

onion2k wrote: post #14

web3 definitely could be as successful as git if you remove the payments side of it. Without payments web3 starts to look like an interesting and useful idea. Ownership of content, federation between platforms, trustless publishing, etc are concepts the web lacks, and that could definitely be interesting to layer on top of the web. Adding payments into the mix kills it like every other microtransaction protocol thoug…

Trustless blockchain doesn't work without payments though. You need an incentive for people to verify transactions.

Re: Are we wrong about Web3?

#19

Post by trynewideas »

eatonphil wrote: post #3

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

On the contrary, this is exactly the kind of post I'd expect from a web3 company.

Re: Are we wrong about Web3?

#20

Post by PaulHoule »

onion2k wrote: post #14

web3 definitely could be as successful as git if you remove the payments side of it. Without payments web3 starts to look like an interesting and useful idea. Ownership of content, federation between platforms, trustless publishing, etc are concepts the web lacks, and that could definitely be interesting to layer on top of the web. Adding payments into the mix kills it like every other microtransaction protocol thoug…

The payments are fundamental to it.

Ted Nelson described the Xanadu system in the 1970s which anticipated the web, he recognized a need for creators to get paid and planned to have a micropayments system built in. Practically the web got advertising instead and then the patron and subscription models but somebody could make the case we need something better.

Web3 has the particular horror that simple calculations that could be done on 1% of a cheap VPS instead get replicated across 100,000 nodes. It not only fries the planet but it is fantastically expensive and somebody has to pay for it… and they wish it was you!

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