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From what I've read web3 creates a new stack in the sense that ENS is used instead of traditional domain names, public key cryptography replaces traditional aut
by udbhavs 5y ago
From what I've read web3 creates a new stack in the sense that ENS is used instead of traditional domain names, public key cryptography replaces traditional auth, smart contracts replace application backends and the blockchain acts as the database storing assets, user generated content and profiles (with large or volatile data stored on IPFS).
- davidmurdoch 5y agoI find it so strange that connecting the dots you described here is so hard for so many people.
- acdha 5y agoIt’s more that technical people understand how this actually works and realize that, for example, all of these “web3” apps depend heavily on the real web and underlying internet protocols like TLS, IPFS is expensive and slow enough that it’s not suitable for most applications, and the proposed solution for the backend is both unusable for apps requiring privacy or access control and, even if it did work, much slower and far more expensive than hosting your app on a single iPhone. When you want to be paid up front for something which needs fundamental redesigns and many orders of magnitude improvements for scalability and performance, it’s reasonable to question your motives.
- ThalesX 5y agoI feel like a lot of people are somehow angry that this new tech stack’s slug seems to have settled on the “web3” keyword, which they don’t like. I don’t know a single person in the space that cares enough for how its named. There’s also the armchair argument that this doesn’t work for ‘reasons’ which is what you also find in posts with research papers where a random commenter is lecturing on how they should have done it without actual involvement in the space. Most of us work on things we find interesting and feel like it could work (those lucky enough at least), which as some pointed out could just be us being dumb, but at the end of the day, if anything comes out of it, and it’s useful, no one is going to care how its named except the people that don’t like it.
- shrimpx 5y agoI chuckled and was convinced you left out the "/s" but looking at your profile you probably do find it strange.
- ThalesX 5y agoYou made me check out his profile. Do you even know what Truffle does before discrediting one of its developers?
- acdha 5y agoFlip your question around: how much money does he stand to gain from selling to new adopters? Even if you’re striving to be ethical, it’s hard to stay objective when you have a substantial financial win on the line.
- shrimpx 5y agoI didn’t mean to discredit him. The point is he’s not an unbiased observer.
- deleted 5y ago[deleted]