Web3 is a stupid idea

#1

Post by gozmike » Wed, Sep 08, 2021, 2:43 PM UTC

Re: Web3 is a stupid idea

#2

Post by twox2 » Wed, Sep 08, 2021, 3:47 PM UTC

Some valid arguments, but in reality web3 is just the web where the backend is something on the blockchain. It makes sense to talk about how to make this experience more secure, but to say the whole thing is a stupid idea doesn't benefit anyone, because a lot of people want it and are going to use it. By the way, most web wallets have hardware support, so you can add an additional layer of security that way.

Re: Web3 is a stupid idea

#3

Post by Tenoke » Wed, Sep 08, 2021, 3:54 PM UTC

1. The web3 'vision' came before the web3.js library they just named it after it but other blockchain interactions fall under it

2. There'll always be subpar devs, and those that make too many calls etc. There's freedom on the web, that's hardly a fault of the idea. In fact the whole article is complaints are about some of the current sites rather than anything more (and many of them aren't bad). The vision if you believe people with cryptopunk avatars is vaster than that already.

3. Some of the complaints like you not having MetaMask to interact with a MetaMask-based website are just odd. Do you complain that users without a phone can't be called?

4. Ethers.js is a lot simplified compared to web3.js. People are working on all those complaints.

5. There's non-extension wallets, too. Solflare doesn't make me install an extension to interact with sites. The extensions just have benefits - everything is fully local but easily integratable so they aren't a bad solution to my eyes.

Re: Web3 is a stupid idea

#4

Post by devmunchies » Wed, Sep 08, 2021, 3:54 PM UTC

twox2 wrote: post #2

Some valid arguments, but in reality web3 is just the web where the backend is something on the blockchain. It makes sense to talk about how to make this experience more secure, but to say the whole thing is a stupid idea doesn't benefit anyone, because a lot of people want it and are going to use it. By the way, most web wallets have hardware support, so you can add an additional layer of security that way.

> web3 is just the web where the backend is something on the blockchain

even more broad, i think web3 is just where the database is decentralized. blockchain is one solution.

Re: Web3 is a stupid idea

#5

Post by michaellee8 » Wed, Sep 08, 2021, 3:55 PM UTC

Lol the company I am working for is doing some kind of wallet that basically allow you to keep and use your private key without a (shitty) browser extension like metamask. You basically just get your key back by authenticating with your google account and pressing your finger at touchid. Basically allow people to have same web 2.0 experience when using web3 apps.

Re: Web3 is a stupid idea

#6

Post by cam0 » Wed, Sep 08, 2021, 3:56 PM UTC

I think it's poorly named. It's not a new major version of the web. Forget the fact that the vast majority of the web's users don't care about decentralization vs. centralization even a single bit. People will continue to mindlessly use WhatsApp, Instagram, TikTok, Twitter, and Coinbase because decentralization is not a concern for _most_ users. Most users of these apps just want to socialize with friends and family, show off / humble brag / argue, and gamble.

Re: Web3 is a stupid idea

#7

Post by timdaub » Wed, Sep 08, 2021, 4:02 PM UTC

cam0 wrote: post #6

I think it's poorly named. It's not a new major version of the web. Forget the fact that the vast majority of the web's users don't care about decentralization vs. centralization even a single bit. People will continue to mindlessly use WhatsApp, Instagram, TikTok, Twitter, and Coinbase because decentralization is not a concern for _most_ users. Most users of these apps just want to socialize with friends and family,…

Yeah, I also think it's poorly named. It's semantically speaking not a major upgrade. But additionally, I'd prefer web 2.1 over web 3.0 first...

Re: Web3 is a stupid idea

#8

Post by ramon » Wed, Sep 08, 2021, 4:03 PM UTC

Bittorrent seems to be the pioneer in this open P2P space and I liked also the zeronet initiative about descentralized web. Web3 is trying to pickup on that same space, I think maybe unifying these efforts of Web3 with Bittorrent and all will make a big descentralized ground for what Web3 should probably become and yes I do not think wallets are a good approach either it is stupid, is what we have now but we need a better approach without any browser plugins, maybe facial recognition is the key here.

Re: Web3 is a stupid idea

#9

Post by fallat » Wed, Sep 08, 2021, 4:04 PM UTC

michaellee8 wrote: post #5

Lol the company I am working for is doing some kind of wallet that basically allow you to keep and use your private key without a (shitty) browser extension like metamask. You basically just get your key back by authenticating with your google account and pressing your finger at touchid. Basically allow people to have same web 2.0 experience when using web3 apps.

I don't get the hate for Metamask. You can connect hardware wallets to it and its actual UX is good.

Re: Web3 is a stupid idea

#10

Post by timdaub » Wed, Sep 08, 2021, 4:06 PM UTC

fallat wrote: post #9

michaellee8 wrote: post #5

Lol the company I am working for is doing some kind of wallet that basically allow you to keep and use your private key without a (shitty) browser extension like metamask. You basically just get your key back by authenticating with your google account and pressing your finger at touchid. Basically allow people to have same web 2.0 experience when using web3 apps.

I don't get the hate for Metamask. You can connect hardware wallets to it and its actual UX is good.

We can't it be a browser-integrated feature? That we can store keys, have them sign messages and e.g. unlock the signature function through e.g. a hardware wallet or a master password?