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The defining feature of Web3 is the absence of any central single-point-of-failure, moderation, or coercion in the technical stack - including individuals and b

by 3np 5y ago

The defining feature of Web3 is the absence of any central single-point-of-failure, moderation, or coercion in the technical stack - including individuals and businesses. Federated and/or P2P. Scrolling a bit, I see from the top: NFTs shilled on Twitter, centralized cryptocurrency exchanges getting hacked, things hosted on AWS, Peter Molyneux doing his thing... I don’t see a single example of Web3. Or even projects or technologies calling themselves such, legitimately or otherwise. Cryptocurrency and blockchain can play a part in Web3, they don’t constitute or define it. If you coordinate and communicate on Twitter and Discord, host the core platform functionality on AWS and Cloudflare, and send out newsletters via Mailchimp, there’s nothing decentralized or “web3” about what you’re doing. The OP is like criticizing Web2 because celebrity nudes were leaked via Gmail and this made someone get phished for their credit card believing they could stream more.

kreeben 5y ago
>> coercion in the technical stack Here are some things that I sincerely don't understand about DAO's. That tech stack that you speak of, it needs to become deployed onto a server before the public can interface with it. Who does that? Will every pull request become an NFT? Ok, so now you have an NFT and it's a crucial bug fix but what if most people don't want it to become deployed? What if I own the server and I really don't care what people think nor do I think smart contracts are especially smart and I decide, amma gonna deploy it, so I xcopy it onto the server. Now what are you going to do with your voting rights? Yell and scream? Will "automate everything by letting the blockchain decide what is the next thing to do" resolve the fact that the server owner can do whatever they feel like, at any point in time? Who owns the software? A blockchain? Who owns the hardware? A blockchain? Since when can blockchains own things?
- 3np 5y ago
  > That tech stack that you speak of, it needs to become deployed onto a server before the public can interface with it. Who does that? The whole point of Web3 is that, no, it does not need to be deployed onto a server. Backends and frontends should be decoupled enough that in your given disagreement-scenario, you as the server-owner would be “forked away”. Think of the FreeNode/Libera debacle. The presence of a DAO doesn’t change anything in that sense. > Will every pull request become an NFT? I don’t see why any PR would need to be tokenized. There’s no need for transferable ownership (as opposed to authorship) of a PR. Or am I missing why this would be useful? (Aside: Who holds ownership of the PRs I make on GitHub.com on “your” repository today? Me, you, Microsoft, or “the community”? There are valid arguments for all of the above and it feels like a question of little practical use) > Since when can blockchains own things? They can’t. But they can keep track of who owns what. And smart contracts, including DAOs, can take programmed actions with the assets or informations it has acquired from others.

by 3np 5y ago

kreeben 5y ago

>> coercion in the technical stack Here are some things that I sincerely don't understand about DAO's. That tech stack that you speak of, it needs to become deployed onto a server before the public can interface with it. Who does that? Will every pull request become an NFT? Ok, so now you have an NFT and it's a crucial bug fix but what if most people don't want it to become deployed? What if I own the server and I really don't care what people think nor do I think smart contracts are especially smart and I decide, amma gonna deploy it, so I xcopy it onto the server. Now what are you going to do with your voting rights? Yell and scream? Will "automate everything by letting the blockchain decide what is the next thing to do" resolve the fact that the server owner can do whatever they feel like, at any point in time? Who owns the software? A blockchain? Who owns the hardware? A blockchain? Since when can blockchains own things?

3np 5y ago
> That tech stack that you speak of, it needs to become deployed onto a server before the public can interface with it. Who does that? The whole point of Web3 is that, no, it does not need to be deployed onto a server. Backends and frontends should be decoupled enough that in your given disagreement-scenario, you as the server-owner would be “forked away”. Think of the FreeNode/Libera debacle. The presence of a DAO doesn’t change anything in that sense. > Will every pull request become an NFT? I don’t see why any PR would need to be tokenized. There’s no need for transferable ownership (as opposed to authorship) of a PR. Or am I missing why this would be useful? (Aside: Who holds ownership of the PRs I make on GitHub.com on “your” repository today? Me, you, Microsoft, or “the community”? There are valid arguments for all of the above and it feels like a question of little practical use) > Since when can blockchains own things? They can’t. But they can keep track of who owns what. And smart contracts, including DAOs, can take programmed actions with the assets or informations it has acquired from others.