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Guido van Rossum: Let Web3 die in a flaming ball of fire

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Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#71

Post by mattwilsonn888 »

throwaway82652 wrote: post #14
TimPC wrote: post #4

For those who don't know web3 is the idea of building a web on a decentralized blockchain. I think more specifically the idea is to replace the need for name servers with a blockchain protocol. Like anything blockchain there is no real solution for how to handle records becoming stale over time without a central authority that manages disputes. I find it ridiculous that this idea even got to occupy the name as I thin…

The original definition of Web 3.0 (or Semantic Web) was conceived by Tim Berners-Lee and meant something completely different, it referred to a web that had all information assembled into an open graph that was easily accessible and machine readable with the goal of leading to an AI revolution. AFAICT the "web3" moniker was co-opted by Ethereum developers to refer to something which is almost entirely opposed to tha…

I guess you were wise to use a throwaway to gamble on the theory that crypto currency is paywall-centric; as you very clearly missed the hoop.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#72

Post by shadowgovt »

Pmop wrote: post #62

Works for me. We enjoy the same benefits high capital enjoys when investing on crypto. Saves lots on paperwork and taxes. Plus, now I can save my wealth from being stolen by the govt when it decides to print it's way into our 6th currency.

I'm not sure what country you're in, but in the US at least, BTC is taxable. The fact it's somewhat simpler to hide from the IRS doesn't mean you're safe when they audit you and ask about the movement of cash to / from exchanges.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#73

Post by nootropicat »

sprague wrote: post #9

The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?

That's because it's a combination of envy and the fact it's mostly a ponzi. Many people got into 8 or 9 figures from ~zero by being active into crypto, they are overwhelmingly below 40 years old. Basically everyone in tech heard about crypto years ago.

If you missed it, you can either admit to yourself you missed probably the easiest way to get rich in your entire life, or rationalize to yourself it's all a scam and you didn't get in because you're morally virtuous.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#74

Post by smt88 »

labrador wrote: post #60

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

> For design reasons, no one can delete anything from it.

This is factually wrong.

50+% of those miners could collude (or secretly be the same person) and change anything in the database. You would have no warning before this happened.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#76

Post by Lordarminius »

metadat wrote: post #12
sprague wrote: post #9

The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?

Where is the divide? Crypto is 99% full of hucksters, and the remaining 1% are the sorry saps. The intelligent people I know want nothing to do with it. Folks I've met IRL who are into it usually aren't all that bright. The traits they do have are affinity for risk taking, and being somewhat technical but not too much so, just enough to be dangerous. They certainly won't be opening any PRs to fix Ethereum bugs. In ot…

>The intelligent people I know want nothing to do with it.

Eric Schmidt is president of ChainLink

Silvio Micali professor at MIT created Algorand

Emin Gün Sirer creator of Avalanche is a professor at Cornell

Nicholas Szabo holds a honorary professorship

etc. etc. etc

I guess you either don't know these people, or they don't count as intelligent to you.

On another note, Web3 technology will soon be everywhere. Individuals are building tools everyday, and so are governments. The latter because they have found a powerful tool to subvert your rights. Wake up, adapt, or die.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#77

Post by pwinnski »

influx wrote: post #69
labrador wrote: post #60

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

You don't think there's any value in an open source system that proves scarcity in a digital universe?

Absolutely not. Most of the appeal of digital comes from the lack of scarcity. Artificially introducing faux-scarcity is asinine.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#78

Post by smt88 »

influx wrote: post #69
labrador wrote: post #60

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

You don't think there's any value in an open source system that proves scarcity in a digital universe?

Why would I want artificial scarcity in any situation? Scarcity is bad.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#79

Post by boucher »

influx wrote: post #69
labrador wrote: post #60

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

You don't think there's any value in an open source system that proves scarcity in a digital universe?

This is such a shifting of goal posts. Could there potentially be some value in such a system? Yeah it's possible.

Is that the same thing as saying: should this system be used to design a whole new "Web 3.0"? No, it isn't the same (and no, it shouldn't).

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