3 ms·
So-called Web3 applications are not pure Web3 - they have many centralized Web2 elements still present. The transition to Web3 will naturally happen incremental
by CryptoPunk 5y ago
So-called Web3 applications are not pure Web3 - they have many centralized Web2 elements still present. The transition to Web3 will naturally happen incrementally, given it's an entirely new technological stack that has to be built out.
Also, there are benefits to even partial adoption of Web3 by applications. For example, providing a decentralized ownership graph gives the community more power to fork if the centralized server-provider abuses their power, for instance.
See what happened when Steem was seized by a billionaire to be made into a corporate appendage:
https://decrypt.co/38050/steem-steemit-tron-justin-sun-cryptocurrency-war https://decrypt.co/38050/steem-steemit-tron-justin-sun-crypt...
Token ownership, that could not be censored by the new owner of the application, is what enabled this coordinated defection.