Kinda? It’s under ridicule here because it’s quite contrived of a name and it adopts an ethos that is not put into practice by its developers and proponents. T

Kinda? It’s under ridicule here because it’s quite contrived of a name and it adopts an ethos that is not put into practice by its developers and proponents. There is a popular library called web3.js as well, which is used to find and communicate with nearby nodes of distributed ledgers. It’s pretty clever and convenient. Since those kind of nodes store variables forever for free, developers dont need any other server side infrastructure and are able to make services extremely quickly, cheaply, and have a quick goto market strategy and it is extremely lucrative, and the users absorb all the costs of writing data. This is where things are 10x better than existing alternatives: revenue paths, overhead costs, speed. not the user experience or the performance of the underlying technology.