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Can you tell me what you think web3 is in concrete terms? What problems does it solve?
by grey-area 5y ago
Can you tell me what you think web3 is in concrete terms? What problems does it solve?
- Kovah 5y ago"The third Web" by Tante is a really great write-up: https://tante.cc/2021/12/17/the-third-web/ https://tante.cc/2021/12/17/the-third-web/
- alpha_squared 5y ago> One could write whole encyclopedias on the many different stacks of technologies that have been built on top of one another under the Web3 umbrella. Some Web3 people probably have. But for this piece we’ll focus on three technologies: First blockchain data structures, second a very specific artifact on blockchains called a non-fungible token (NFT) and third an organizational structure called a DAO. We’ll limit ourselves to this in order to keep this text somewhat brief and somewhat comprehensible for everyone. Does that mean web3 isn't "just blockchains and NFTs" but also DAOs? That doesn't seem all that different from the initial assumption of it broadly being about cryptocurrencies and NFTs.
- newacc9 5y agoI think the most charitable interpretation is a future where you don't have to "export your data" from facebook or google or fortnight, because your data is encrypted on the blockchain: your emails, your social graph, your avatar, your virtual real estate. fwiw I don't think you can provide enough bandwidth, disk space and computes to achieve this, but good luck. "85 terabytes per year is totally fine" -vitalik https://twitter.com/zndtoshi/status/1478387674335559681 https://twitter.com/zndtoshi/status/1478387674335559681