What happened to Web4?
joined it's winamp counterpart
Jack Dorsey plans to build 'Web5' based on Bitcoin
41–50 of 53 posts
Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#42If bitcoin/crypto was going to do something about centralisation, it would have by now. Bitcoin us a great idea, but it doesn't change anything about how we organise the economy, how we write contracts, the relationships between the powerful entities, and everything else. It just a really nifty financial concept. I don't see how this is different.
Bitcoin doesn’t proactively disrupt centralization as much as it does so passively, by just existing. And arguably it has come a very far way by doing absolutely nothing other than that.
Its functioning exactly as it’s supposed to while central banks and governments around the world try desperately to change things every which way. And Bitcoin will stay that way even things continue to change further (in likely a bad direction)
Building something steady seems like a different and good bet to me
Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#43Earlier quoted context omitted.
I base this comment on being a Bitcoin speculator since 2014, and knowing the exact same 'nerd-fuzzies' feeling that Dorsey feels right now. He'd be better off spending that money on food donations if he wants to be remembered positively.
You can't have fuzzy feelings about another man's whitepaper. ;) In all seriousness though, Jack Dorsey got involved around 2017 I think so it's not like he just discovered bitcoin.
If he's really been involved for 5 years, it's absolutely mind-boggling that he's ignored all the other projects in this space that have failed. It will be a shame watching his project join them, but I guess that's your prize for failing to loop the community in on your community-based crypto platform.
Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#44What happened to Web4?
Doesn't it not remind you about Windows 9 jump? :-)
Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#45Earlier quoted context omitted.
You can't have fuzzy feelings about another man's whitepaper. ;) In all seriousness though, Jack Dorsey got involved around 2017 I think so it's not like he just discovered bitcoin.
If he's really been involved for 5 years, it's absolutely mind-boggling that he's ignored all the other projects in this space that have failed. It will be a shame watching his project join them, but I guess that's your prize for failing to loop the community in on your community-based crypto platform.
all other projects that have failed on Bitcoin you mean? web3 landscape has been growing steadily on Ethereum in recent years.
Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#46Earlier quoted context omitted.
If he's really been involved for 5 years, it's absolutely mind-boggling that he's ignored all the other projects in this space that have failed. It will be a shame watching his project join them, but I guess that's your prize for failing to loop the community in on your community-based crypto platform.
all other projects that have failed on Bitcoin you mean? web3 landscape has been growing steadily on Ethereum in recent years.
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Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#47I thought that one of the Hacker News commentary tenets was "Don't shit all over other peoples' work." Except if it's crypto-related? Sheesh. Jack Dorsey is a pretty successful fellow. He sees centralization as a real problem, and is making an effort to solve it. Antagonize all you want, Jack Dorsey is doing.
When there are daily ponzi schemes full of fraudsters who take people's money and run in an industry segment, it's worthy of distrust - (latest was today's story that the celsius leaders cached out $40 mil worth from celsius before they stopped other people's withdrawals, allegedly - https://news.ycombinator.com/item?id=33109070 ). At least once a week there is a "someone drained $100 million plus out of xyz crypto t…
> When there are daily ponzi schemes full of fraudsters who take people's money and run in an industry segment, it's worthy of distrust
At some point you have to untangle the ponzi and scams from the technology. We did this with the web and email already, and even Tor and the “spooky privacy web.”
Most of these scams are variations on “send us your tokens and we will do X.” This isn’t the case with Jack’s proposed protocol, so where is the scam?
https://twitter.com/brockm/status/1535328599200477184?s=20&t...
Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#48Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#49Earlier quoted context omitted.
0 discussion of decentralized digital identity or anything related to the article. Not even meaningful criticism.
To be fair, that's a reflection of the complete lack of technical details Dorsey has rolled out. When someone says "I'm going to save the web with Vaporware!" the correct solution isn't egging them on.
Are you reading the same thing I am, including their GitHub?
https://developer.tbd.website/
It’s not completely fleshed out by any means but it also isn’t a complete lack of details.
Re: Jack Dorsey plans to build 'Web5' based on Bitcoin
#50I think his ideas are very needed. Whether he has the stamina to see the project through? That's another question entirely. 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…
> When I was a kid, I could just make a website and throw FTP it to some server, and blammoo, my site was online.
You can still do that.