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> What problem does web3 or decentralization fix? > rent server from small provider If everyone rents a server and we make these servers talk to each other, t
by foxfluff 5y ago
> What problem does web3 or decentralization fix?
> rent server from small provider
If everyone rents a server and we make these servers talk to each other, that is what I would call decentralization. If you rely on a server operated and rented by someone else, you are subject to their whims: arbitrary bans, censorship, bait & switch, security issues, downtime, etcetra.
I don't believe web3 fixes this but in I don't think decentralization is in principle a useless concept.. It's just hard to do right and harder than that to get enough people on board. And now with cryptocurrency, it's harder than ever to get people on board who aren't just looking to profit off of their buttcoin investment.