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Ask HN: Is Web 3.0 just crypto or something more?

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Ask HN: Is Web 3.0 just crypto or something more?

#1
Whenever I search and learn for web 3.0 people limit it to blockchain based solutions and apps. However, the core ethos of web 3.0 is about decentralisation, shouldn't it also encompensate technologies like edge computing which are decentralising ownership of compute and data back to devices.

Re: Ask HN: Is Web 3.0 just crypto or something more?

#6

It is nothing but a marketing term at this point. Various groups are trying to claim it and normalize their own meaning, but there is little consensus whether it even has a shared meaning.

Its a marketing term in the same way web 2 is.

That doesn't mean it isn't something new and useful though, just like web 2 was.

Re: Ask HN: Is Web 3.0 just crypto or something more?

#9
As I understand it, the gist of web3 is to do away with the need for having centralized organizations who control a particular resource. For example domain names, identities, speech. In the beginning, the web was supposed to be an egalitarian and democratic space. Of course corporations and governments seized as much control as they could. Today we have companies that dictate arbitrary rules. For example, there is nothing you can do to grow your Twitter account. If Youtube decides they don't like you anymore, your audience is gone. Your domain name is not really yours, etc.

Supposedly web 3.0 would fix this problem by making sure decision power is decentralized. Will it deliver? I personally doubt it, because it's easy to create an anonymous oligarchy under an apparent layer of decentralization. Still, I'm sure some applications will succeed.

Re: Ask HN: Is Web 3.0 just crypto or something more?

#10
post #6

It is nothing but a marketing term at this point. Various groups are trying to claim it and normalize their own meaning, but there is little consensus whether it even has a shared meaning.

Its a marketing term in the same way web 2 is. That doesn't mean it isn't something new and useful though, just like web 2 was.

Web 2 as a term itself was coined much later when people needed to distinguish web 3 from status quo
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