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Web3 is just a fresh serving of the same old crypto nonsense

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Re: Web3 is just a fresh serving of the same old crypto nonsense

#21

Post by mountainriver »

enlyth wrote: post #16
medo-bear wrote: post #14

Earlier quoted context omitted.

> And the only place web3 is thrown into my face is hacker news actually i dont think you will find many crypto fans on hn. at least not in the comments

Yeah it's because HN is engineering focused, and somehow "crypto" is not supposed to be upheld to the same standards as everything else. Everything is always a few years away, mass adoption right around the corner, killer apps and new paradigms of finance, you just have to wait a bit, we're almost there. But nothing of value has been created in a decade. In my mind it has one good use, darknet markets, but that doesn…

Yup darknet markets were how crypto got started and we have yet to find a better use case

Re: Web3 is just a fresh serving of the same old crypto nonsense

#22

Post by deebosong »

deepu256 wrote: post #19
deebosong wrote: post #15

Earlier quoted context omitted.

You don't have to field this Q, as it seems fairly large. But perhaps you could point me to some sources of info (and if not, all good). Basically, I'm super skeptical, and anyone who claims there will be use-cases often don't point to any projects. And the use-cases they offer seem to be easily dismantled (perhaps by a lack of vision and imagination and understanding on part of the critics). But I do think that perh…

I may be wrong but the following are what I am bullish on. Specific Usecases are tough to predict but I can point to THE big problem to be solved by all this infra. Every year we(younger people predominantly)spend more and more time in Digital spaces (currently they are Twitter, HN , Tiktok etc). But we don't own anything we do in these places. One of the biggest behaviour shifts we will have in near future (esp amon…

Thank you for the reply. I'll def poke my head around in the things you pointed to, not that I would be able to understand much.

I'll be frank: I don't necessarily see how owning digital artifacts is what younger folks are seeking, but I'm not entirely closed off to this being the cause of the potential sea change. Just because I don't see it/ get it right now doesn't mean it isn't massively appealing to people if given the right tools and platforms.

Perhaps I'm only seeing things cynically, but that level of granular ownership seems like it could become kinda tiresome, restrictive, and limiting (in the sense of who would be able to see and engage with what you decide to share and put out there). But I fully admit I'm at a loss for imagination right now, and many things I thought seemed silly, even with Web 2.0 stuff, I'm now using quite frequently.

Re: Web3 is just a fresh serving of the same old crypto nonsense

#23

Post by sreevisakh »

I've been waiting for years for the emergence of the original Web 3.0 - the semantic web [1]. A web of machine readable data based on ontologies. How did it get redefined as a web on top of append-only blockchains?

[1] https://www.w3.org/standards/semanticweb/

Re: Web3 is just a fresh serving of the same old crypto nonsense

#24

Post by winternett »

Web 2.0 was a design movement. Web 3 is a movement to promote decentralized services and complexified digital assets that mostly weren't decentralized and did not demonstrate enduring value. The sales scheme is the only part that hasn't died yet, because the public still isn't aware of most of what has transpired since the marketing push began, but the simple facts are out there.

Talk to your family members now to help them to avoid losing money.

Re: Web3 is just a fresh serving of the same old crypto nonsense

#25

Post by peyton »

deebosong wrote: post #22
deepu256 wrote: post #19

Earlier quoted context omitted.

I may be wrong but the following are what I am bullish on. Specific Usecases are tough to predict but I can point to THE big problem to be solved by all this infra. Every year we(younger people predominantly)spend more and more time in Digital spaces (currently they are Twitter, HN , Tiktok etc). But we don't own anything we do in these places. One of the biggest behaviour shifts we will have in near future (esp amon…

Thank you for the reply. I'll def poke my head around in the things you pointed to, not that I would be able to understand much. I'll be frank: I don't necessarily see how owning digital artifacts is what younger folks are seeking, but I'm not entirely closed off to this being the cause of the potential sea change. Just because I don't see it/ get it right now doesn't mean it isn't massively appealing to people if gi…

You don’t think kids are gonna want a TikTok-esque thing on their phones with a gambling element?

Re: Web3 is just a fresh serving of the same old crypto nonsense

#26

Post by jraph »

Web 2.0 was a description of / a name given to something that had already happened, with ajax, interactivity, and stuff.

Web3 is just a few people pushing for something that nobody wants, nor even understands, maybe even themselves.

Versioning the concept of Web is dead now, let's just say Web and move on.

We don't need blockchains. The Web as a concept is already decentralized, let's work toward actual decentralization but you don't need new concepts nor upping a version number for this. You need lobbying, teaching, raising awareness, legislation, building solutions...: human stuff and a bit of technical work.

Re: Web3 is just a fresh serving of the same old crypto nonsense

#27

Post by rvz »

sreevisakh wrote: post #23

I've been waiting for years for the emergence of the original Web 3.0 - the semantic web [1]. A web of machine readable data based on ontologies. How did it get redefined as a web on top of append-only blockchains? [1] https://www.w3.org/standards/semanticweb/

That's interesting. I have also been waiting for the resurgence and takeover of free software over non-free software for many years, so that we can inspect, modify and run the software freely without restrictions on our computers.

How did the point of "open-source" get hijacked so quickly by the tech bros who have also helped the surveillance capitalists agenda and exploit more of these free-software developers to the point where they end up working for the likes of surveillance capitalist big tech companies using open-source projects (and privately modifying it) for free to accelerate and speed up pushing their closed-source spyware?

I think maybe both of these concepts that many technologists have envisioned have become quite frankly hopelessly utopian and instead has helped pave another road to a dystopian hell.

Re: Web3 is just a fresh serving of the same old crypto nonsense

#28

Post by isitmadeofglass »

jraph wrote: post #26

Web 2.0 was a description of / a name given to something that had already happened, with ajax, interactivity, and stuff. Web3 is just a few people pushing for something that nobody wants, nor even understands, maybe even themselves. Versioning the concept of Web is dead now, let's just say Web and move on. We don't need blockchains. The Web as a concept is already decentralized, let's work toward actual decentralizat…

Web 3.0 was Also a name given to something that had already happened. It was the semantic web, with technologies like rdf, graph databases and such.

I’m sure the origin of “web3” as something related to crypto scams was entirely SEO. You could pitch your new scam-coin as “the new web tech” everyone is talking about and then link to a tach about Web 3.0 by Tim Berneses-Lee as if they had any anything at all to do with each other. Unfortunately the semantic web never truly matured to the point of widespread adoption, but crypto scams did.

Re: Web3 is just a fresh serving of the same old crypto nonsense

#29

Post by jraph »

isitmadeofglass wrote: post #28
jraph wrote: post #26

Web 2.0 was a description of / a name given to something that had already happened, with ajax, interactivity, and stuff. Web3 is just a few people pushing for something that nobody wants, nor even understands, maybe even themselves. Versioning the concept of Web is dead now, let's just say Web and move on. We don't need blockchains. The Web as a concept is already decentralized, let's work toward actual decentralizat…

Web 3.0 was Also a name given to something that had already happened. It was the semantic web, with technologies like rdf, graph databases and such. I’m sure the origin of “web3” as something related to crypto scams was entirely SEO. You could pitch your new scam-coin as “the new web tech” everyone is talking about and then link to a tach about Web 3.0 by Tim Berneses-Lee as if they had any anything at all to do with…

Yes, that makes the whole Web3 story a lot more infuriating. It's like they don't know at all what they are doing. Not that they care anyway.

At least it's good they didn't manage to follow the "Web X.0" scheme properly.

Re: Web3 is just a fresh serving of the same old crypto nonsense

#30

Post by medo-bear »

enlyth wrote: post #16
medo-bear wrote: post #14

Earlier quoted context omitted.

> And the only place web3 is thrown into my face is hacker news actually i dont think you will find many crypto fans on hn. at least not in the comments

Yeah it's because HN is engineering focused, and somehow "crypto" is not supposed to be upheld to the same standards as everything else. Everything is always a few years away, mass adoption right around the corner, killer apps and new paradigms of finance, you just have to wait a bit, we're almost there. But nothing of value has been created in a decade. In my mind it has one good use, darknet markets, but that doesn…

i think its much bigger than darknet. the crypto world brings together a mix of libertarianists and high risk investors. banking is one of the most hated industries and crypto seems to give it good competition. also a lot of bureocracy can be dealt with efficiently with smart contracts
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