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Is web3 really based on blockchain technology? When did we all agree that blockchain has any real value, let alone that it should be the central technology unde
by Hnrobert42 5y ago
Is web3 really based on blockchain technology? When did we all agree that blockchain has any real value, let alone that it should be the central technology underpinning the next evolution of the web?
Personally, I hope blockchain is overblown. Given the amount of money in it, I know it’s not. It is here to stay in one form or another. But is it really already accepted wisdom that it will underpin the whole web?
- threeseed 5y ago> Is web3 really based on blockchain technology? It is specifically referring to applications built on Ethereum and doesn't actually have any technical connection to the web as we know it today. Only that it wants to replace it. > But is it really already accepted wisdom that it will underpin the whole web? No. It will have as much influence on the world as Bitcoin has had i.e. it will be popular amongst tech bros, criminals, gamblers, VCs etc. But won't really cut through to the mainstream.
- heavyset_go 5y ago> Is web3 really based on blockchain technology? When did we all agree that blockchain has any real value, let alone that it should be the central technology underpinning the next evolution of the web? We didn't, but blockchain proponents hijacked the term "Web3" like Facebook hijacked the term "metaverse".