Building p2p networks with their own light clients is incredibly difficult. We built OpenBazaar (decentralized marketplace using cryptocurrency) as a p2p netwo

Building p2p networks with their own light clients is incredibly difficult. We built OpenBazaar (decentralized marketplace using cryptocurrency) as a p2p network on top on IPFS with it's own client. It eventually failed and everyone asked for a web version and a mobile app (which we built but wasn't truly decentralized thus negating the entire point). I agree that the current web3 approach is often more decentralized in name than in practice, but it seems to be a tradeoff most people are happy with.