Live data from Hacker News

Why Web3?

avc.com

701–706 of 706 posts

Re: Why Web3?

#701
post #699

Earlier quoted context omitted.

You're right that the UX layer could be centralized. However, the data that the UX is built on would not be centralized. In the Uber example, it's as if the ride-hailing backend were available to anyone. The centralized UX could censor transactions like you say, but the barrier to entry is low for another UX, built on the same decentralized data, to emerge and challenge the centralized UX. That's because the data is…

> but the barrier to entry is low for another UX I don't agree. I think excellent UXs have a super high barrier of entry. Look at apps such as Google Docs, TikTok, etc. A company could build an UX without even thinking about being decentralized and users will care about the UX but not about "decentralization politics". If an excellent decentralized UX is built, you just copy the interesting parts and add you propriet…

Google Docs - not just a UX, built on the Google ecosystem with its existing network of users and massive amounts of data

TikTok - not just a UX, but a massive social network, again with lots of data.

In a decentralized world, there will be a decentralized social network like TikTok. The UX would interact with that social network; it wouldn't create the social network itself. To give another example, it's as if Facebook's social network was open to anyone to build a UX on top of and interact with. Much lower barrier to entry.

Re: Why Web3?

#702

The single important question about web3 is: will it be free? Can app devs just start building without paying the blockchain / network fee? The same for users; can they just use apps for free? If not, the question is: do you pay with data, and go free, or do you pay with real money and prices skyrocketing due to endless speculations?

App devs can build any app they want on top of these web3 protocols, but their apps may have to pay a fee to interact with those protocols. The fee incentivizes the actors that host (run nodes for) the protocol. That fee may or may not be passed on to users. It's a bit like paying a microtransaction for certain HTTP requests. The amount of times that a user has to pay a fee can be minimized through various pieces of technology like rollups (read about zk rollups and optimistic rollups if you're curious).

Re: Why Web3?

#703
post #360

Earlier quoted context omitted.

Everyone loves to say their politics are just common sense but characterizing all of crypto as “rich libertarians who see crypto as a way to protect their assets from the government” is an inherently political narrative and it simply isn’t true. There’s also a big difference between valuable emerging technologies that have a lot of speculative investments & charlatans selling snake oil vs “the whole shebang”.

This rather parochially presupposes the whole world operates on the same basis as the two-bit low-grade binary oppositional shit-flinging that passes for political discourse in the USA, or even cares much about it. Fortunately, that isn’t how this works. Since I don’t live in the US or read its tattered, overwrought media except by accident, I can comfortably say “what political narrative are you on about mate”, and…

Repeating a narrative that was crafted with a particular political intent is furthering that intent regardless of how you’re thinking about it internally. And unfortunately us Americans are really good at exporting our shittiest ideas everywhere else (especially Western Europe) so it still has meaning regardless of where you live

Re: Why Web3?

#704

Earlier quoted context omitted.

using a domain allows people to share information easier. For example, if I wanted to tell a friend about the blockchain, I could share a link to a video I found helpful using email or Twitter. By using the domain web3.net, we can create an wiki on everything about web3. We could all edit the wiki and learn from others. I could build this site myself and slap some advertising on it, but I would rather follow the Wiki…

I know how domains work, what I dont get is why donating millions worth of domains make sense. Are you running a charity of some sort?

OpenDomain is a non-profit.

Some people contribute years of their time to help open source projects. OpenDomain does it by contributing domains.

Re: Why Web3?

#705
post #703

Earlier quoted context omitted.

This rather parochially presupposes the whole world operates on the same basis as the two-bit low-grade binary oppositional shit-flinging that passes for political discourse in the USA, or even cares much about it. Fortunately, that isn’t how this works. Since I don’t live in the US or read its tattered, overwrought media except by accident, I can comfortably say “what political narrative are you on about mate”, and…

Repeating a narrative that was crafted with a particular political intent is furthering that intent regardless of how you’re thinking about it internally. And unfortunately us Americans are really good at exporting our shittiest ideas everywhere else (especially Western Europe) so it still has meaning regardless of where you live

Except I'm not "repeating a narrative", I'm drawing my own conclusions.

The assertion that anyone who disagrees with (whatever) must have been brainwashed by something they read is pathological for debate.

Re: Why Web3?

#706
post #648
post #646

Earlier quoted context omitted.

Or maybe you didn’t communicate your point effectively. My point holds for non crypto decentralization as well. Consumers choose against, no matter how much tech people like us want it.

Ok, so what? I still want it. Is everything that hasn't reached mass adoption a failure?

There’s a difference between personally wanting it, and mass appeal with a prediction of mass adoption.
Post reply on HN