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Web3 – An Arrogant and Treacherous Successor Doomed to Fail

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Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#41

It's worth noting that the title here confuses "web3" with "web 3.0". It means "web3". Web3 is the crypto nonsense that the article talks about, which has almost nothing to do with the web. Web 3.0 is Tim Berners Lee's vision for a decentralized web: https://www.cnbc.com/2022/11/04/web-inventor-tim-berners-lee... I think it's an important distinction to make. Web 3.0 is noble in its vision and intentions, while web3…

> Web 3.0 is Tim Berners Lee's vision for a decentralized web:

TBL is not the central arbiter of web 3, in much the same way he didn't have anything to do with the coining of web 2.0.

Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#42
post #3

I seriously do not see and never saw how "Web 3.0" is a follow up from web 1 and 2. The whole thing was a hijack by ponzi schemers or just another way to get someone to get their life savings into some crypto nonsense.

> The whole thing was a hijack by ponzi schemers or just another way to get someone to get their life savings into some crypto nonsense.

Speculating on 'crypto' can indeed be considered nonsense.

Owning your identity (instead of Google) and being able to communicate and send money directly to your peers for almost free (instead of Facebook / Twitter controlling who youcan communicate with, and Visa / Wise.com taking a chunk of all your transactions) is a MASSIVE deal.

Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#44
post #41

It's worth noting that the title here confuses "web3" with "web 3.0". It means "web3". Web3 is the crypto nonsense that the article talks about, which has almost nothing to do with the web. Web 3.0 is Tim Berners Lee's vision for a decentralized web: https://www.cnbc.com/2022/11/04/web-inventor-tim-berners-lee... I think it's an important distinction to make. Web 3.0 is noble in its vision and intentions, while web3…

> Web 3.0 is Tim Berners Lee's vision for a decentralized web: TBL is not the central arbiter of web 3, in much the same way he didn't have anything to do with the coining of web 2.0.

There's still an important distinction between "the semantic web" and "a bunch of cryptocurrency fuckery", both of which have been termed "Web 3" at times.

Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#45

What's a succinct definition for Web3/3.0/etc that I can tell my mother in law in 20 secs? I don't actually know what it's meant to be.

Web3 based apps where a company like Facebook or Instagram can't delete your content just because it might contain a nipple.

Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#46
post #3

I seriously do not see and never saw how "Web 3.0" is a follow up from web 1 and 2. The whole thing was a hijack by ponzi schemers or just another way to get someone to get their life savings into some crypto nonsense.

Paraphrasing this week's TWiT: Web 1.0 and 2.0 were created by engineers to solve problems. Web 3/3.0 was invented by finance bros to disguise their various scams as the next technology revolution.

>Web 3/3.0 was invented by finance bros

Web3, not Web 3.0, not the same thing at all, the latter is the next incarnation of Tim Berners-Lee's vision for the web and has nothing to do with finance and crypto bros.

It's important to make the distinction because 3.0 is actually important.

Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#47
post #17
post #8

Earlier quoted context omitted.

Exactly… NFT’s blah blah .. blockchain everything .. came off as like a sales pitch and never seemed to resonant as where the web was headed

Web2: you stop paying a cloud provider, your data is gone. Web3: you stop paying a network, your data stays online. Either because it's permanent by default (blockchain, blockweave) or because people deem it interesting and pin it (IPFS) Seems like a fundamental improvement to me.

Web3: your data is gone once VCs stop incinerating money into Web3 startups.

Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#49
post #41

Earlier quoted context omitted.

> Web 3.0 is Tim Berners Lee's vision for a decentralized web: TBL is not the central arbiter of web 3, in much the same way he didn't have anything to do with the coining of web 2.0.

There's still an important distinction between "the semantic web" and "a bunch of cryptocurrency fuckery", both of which have been termed "Web 3" at times.

The distinction is that "the semantic web" went nowhere and "a bunch of crypto currency fuckery" has millions of users globally.

Re: Web3 – An Arrogant and Treacherous Successor Doomed to Fail

#50
post #40
post #34

Earlier quoted context omitted.

Web2 - stores exabytes of data. Web3 - stores a few text files and rotten hyperlinks to jpgs of (if you're lucky) poorly-drawn apes and (if you're unlucky) rugs, while setting billions of dollars on fire.

I think, you should look into Filecoin and Arweave. Your assumptions seem to be based on the (rather specific) use-case of art NFTs. They got quite some hype, but to be honest, I didn't get them either.

Why exactly would you trust random strangers with your critical data rather than use S3?
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