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I’m pretty critical of “web3” but some of these points are pretty weak: “ Decentralization Impossible to achieve, as shown by current crypto projects centering
by sudden_dystopia 5y ago
I’m pretty critical of “web3” but some of these points are pretty weak:
“ Decentralization Impossible to achieve, as shown by current crypto projects centering around certain (usually large) actors;
Trust in code, not companies: the belief that a community’s smart contracts encode and enforce its rules We should all trust unknown developers why, exactly?
Always using open and transparent code Doesn't stop monopolies forming, and relies on a small pool of people capable of assessing code;”
Decentralization, hand waved to impossible. Maybe, but this seems especially worth trying.
Unknown developers aren’t trustworthy but inexplicably known developers just are despite plenty of evidence indicating nobody is worthy of actual trust.
Open source can only ever rely on a few people to review code whereas somehow enterprise code should just be blindly trusted even though it’s opaque and managed by still just a relative few people.