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Yet, the way Web 3.0 works in practice is with a browser extension (which Reborn basically integrated) that does http API calls to a centralized 3rd-party serve
by kbody 7y ago
Yet, the way Web 3.0 works in practice is with a browser extension (which Reborn basically integrated) that does http API calls to a centralized 3rd-party server.
So while they market decentralization and trustlessness, they are one server-compromise away from getting fed a completely false view of Ethereum's blockchain state and losing all their funds.
If that's an attempt on web 3.0, we might as well just skip straight to web 4.0.
- Sargos 7y agoYou can use this with your own node without trusting any 3rd party server. Right now this takes some effort but projects like Ethereum 2.0 will enable running a self hosted trusted node on low power devices and even mobile phones via checkpoints. It's not a good idea to use today's capabilities to judge future use cases.