What is 'broken' about the web today? And how can web5 fix it?
- the internet used to be fun and playful. When I was a kid, I could just make a website and throw FTP it to some server, and blammoo, my site was online. Nowadays, those fun projects are just Facebook groups that you can only access with a FB account. How cool would it be if you could once again do your own hosting, or better yet, have a P2P hosting styled like BitTorrent [1] (so you seed, but others who viewed your content also seed for a while)?
- For every walled garden or platform you need to create a new account or, worse, use 'login with Google/Apple/Facebook'. How cool would it be to have a system like lnurl-auth that just works on every site that needs a logon? [2] And what if that username or kudos that you've amassed on one site or game could transfer over to another platform or game? One pillar of web5 is 'decentralised identity' and a recent interview on [the Kevin Rooke show](https://www.kevinrooke.com/podcasts/e45-daniel-buchner-on-bu...) gives some insight.
- paywalls and subscription platforms are something else that make the internet less fun. I get it. I am a "content creator" too, and yes, I need to make a living by selling some adverts or a subscription. That is "how the world works". But it doesn't have to be that way! I pay per second for some podcasts that I listen to [3] and I am dreaming of the day when every piece of content that I read/listen/watch is paid for per second without friction.
A detailed article about that Jack is intending to do with web5 can also be found in [this Bitcoin Magazine article](https://bitcoinmagazine.com/business/jack-dorseys-tbd-presen...).
[1] I know the IPFS tried to accomplish this, but I think that project is dead in the water. Maybe Dorsey will breathe new life into a similar system that will get enough traction?
[2] If you want to see the easy (magic) of LNURL-AUTH in action, yoy an log into a website like [Stacker.news](https://stacker.news/) (yes, the name is a had tip to HN). Or make it even more meta and discuss about this topic by posting a comment right here: [https://stacker.news/items/35549](https://stacker.news/items....
[3] There are currently [over 4 million podcasts](https://podcastindex.org/stats) already using the Podcasting 2.0 Value4Value tag that gives a listener the option to pay-per-second while listening.