What I find curious in that web3 scenario is this: 1. Today's internet is decentralized because people can't run their own web, smtp, nntp, xmpp, servers, WP blogs. Which is true, we can't expect people to run this the same way we can't expect every car owner to have a mechanic shop. 2. The proposals for "web3", to the best of my understanding, require people to run their own blockchain nodes, manage wallets, etc. Ba…
Others can run the nodes. The point is the network of nodes are distributed and no node is more important than any other. They are all just peers.
Why Decentralization Matters (2018)
31–40 of 78 posts
Re: Why Decentralization Matters (2018)
#32Re: Why Decentralization Matters (2018)
#33Earlier quoted context omitted.
Others can run the nodes. The point is the network of nodes are distributed and no node is more important than any other. They are all just peers.
You can make the same arguments but with servers instead of nodes. That's how things are today. But the web isn't decentralized.
With a properly decentralised network any node can be taken down without taking down the entire network.
Not all public DLTs are born equal however. Leaderless networks which are not vulnerable to DDOS attacks are the dream.
Re: Why Decentralization Matters (2018)
#34Re: Why Decentralization Matters (2018)
#35Earlier quoted context omitted.
Exactly. If payments / incentives are required, then Bitcoin can be used. For example, there's decentralized Sphinx Chat which runs on the Bitcoin lightning network: https://sphinx.chat I haven't seen any of the 'cryptojunk' tokens implement an actual service like the Sphinx chat, which is quite telling in my opinion.
No. It cannot. Bitcoin cannot be used, because the rate of transactions is much to low for such an application. Currently its only use is gambling and burning the planet.
Re: Why Decentralization Matters (2018)
#36Re: Why Decentralization Matters (2018)
#37What I find curious in that web3 scenario is this: 1. Today's internet is decentralized because people can't run their own web, smtp, nntp, xmpp, servers, WP blogs. Which is true, we can't expect people to run this the same way we can't expect every car owner to have a mechanic shop. 2. The proposals for "web3", to the best of my understanding, require people to run their own blockchain nodes, manage wallets, etc. Ba…
AFAIK, the proposal is to use federation, i.e., only those who can/want run servers, whereas normal users use those federated servers.
Re: Why Decentralization Matters (2018)
#38Decentralization is good, but there's no need to bring cryptojunk into the discussion since that's far from decentralized. IMHO. Bring back the use of open protocols, add IPv6 support throughout and add a sprinkling of peer-to-peer.
Why is everyone talking about decentralized. Current internet is decentralized. People seem to be clamoring for distributed. https://images.squarespace-cdn.com/content/v1/58727b5a9de4bb...
Re: Why Decentralization Matters (2018)
#39https://www.stephendiehl.com/blog/decentralized-woo.html
Web3 is not Decentralisation
https://medium.com/@rossstalker_5939/web3-is-not-decentralis...
Re: Why Decentralization Matters (2018)
#40The points about centralized power make sense, but why http, smtp, and social media became centralized in the first place wasn’t grappled with at all. Running your own servers is attractive for some, but they aren’t the majority and never will be unless it requires something as simple as buying a $35 box and plugging it in at home with no additional setup. Social media is hard to accomplish without a centralized disc…
Wikipedia was mentioned in the article and it provides a great example of a product that was built in a decentralized way. Ironically, the author doesn't appreciate that Wikipedia's success had nothing to do with Web3 or crypto. The success of large companies isn't because of a lack of technology, it is due to human nature and economies of scale and network effects. Anti-trust is the way you fix this. Break youtube o…