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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

#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 think we'd want to reserve it for the next generational change in web technology and not half-baked bs.

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

#6
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…

> there is no real solution for how to handle records becoming stale over time

What do you mean? Record expiry can easily be incorporated into the smart contract protocol. ENS already does that. When you register an ENS domain, you can pre-pay for up to 10 years, after which you have to renew the domain. Same as web2 domain name registry.

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

#7
post #3

My question is why Y Combinator funded anything related to web3 and why it seems to defend these ideas when they are attacked on HN.

Because investors as a whole cannot know more about a product than the people who have to build and use that thing every day. Being financially invested in it requires them to have a certain level of optimism about it even in the face of reasonable doubt.

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

#8
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…

I don't think that's what web3 is, that's just one direction some are taking it. Web3 is a move away from centralized platforms to ones which are either decentralized or more directly controlled by users (self-hosted, federated).

> 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 don't understand this part. In pretty much every decentralized name system I've seen a user pays to own a name for a period of time, there's no stale records.

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

#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?

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