Web3 – An Arrogant and Treacherous Successor Doomed to Fail

Post by smoldesu » Tue, Nov 22, 2022, 7:19 PM UTC

pavlov wrote: post #61

k__ wrote: post #45

Earlier quoted context omitted.

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

It’s amazing how this description is entirely unrelated to the reality of the so-called web3. Not just “we’re still working out some of the details,” but literally none of it exists. It’s like you’re promised a grand night at the opera and the bus takes you to a roach-infested casino. “Music? We don’t need it, the slot machines make enough sound. Now are you going to buy some tokens?”

Post by k__ » Tue, Nov 22, 2022, 7:21 PM UTC

ceejayoz wrote: post #58

k__ wrote: post #49

Earlier quoted context omitted.

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

I'm with you on the success (or lack thereof) of the semantic web. I don't consider gambling a good thing just because there are millions of gamblers. I feel the same about cryptocurrency.

Post by spaceman_2020 » Tue, Nov 22, 2022, 7:21 PM UTC

clpm4j wrote: post #69

douglaswlance wrote: post #39

>The real single reason for which I believe that all this will come tumbling down is cause of the fact that all this is falsely hyped as being something better than its predecessors but in reality it is not. How so? If you're saying that this is the one single reason, then you have to support it with evidence.

It's slower and more expensive.

Post by jhoechtl » Tue, Nov 22, 2022, 7:22 PM UTC

this_user wrote: post #50

k__ wrote: post #40

Earlier quoted context omitted.

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?

Post by vkou » Tue, Nov 22, 2022, 7:22 PM UTC

k__ wrote: post #40

vkou wrote: 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.