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Web3 doesn't put everything on-chain though? IPFS doesn't put data on the blockchain, and scales plenty fine
by woojoo666 4y ago
Web3 doesn't put everything on-chain though? IPFS doesn't put data on the blockchain, and scales plenty fine
- anonporridge 4y agoIPFS isn't web3. In fact, raw IPFS is closer to the spirit of web5 than it is web3, although the foundation building it submitted to the altcoin craze with Filecoin. > The term "Web3" was coined by Polkadot founder and Ethereum co-founder Gavin Wood in 2014, referring to a "decentralized online ecosystem based on blockchain."[1] In 2021, the idea of Web3 gained popularity.[21] Particular interest spiked toward the end of 2021, largely due to interest from cryptocurrency enthusiasts and investments from high-profile technologists and companies.[6][7] Executives from venture capital firm Andreessen Horowitz traveled to Washington, D.C. in October 2021 to lobby for the idea as a potential solution to questions about regulation of the web, with which policymakers have been grappling.[22] https://en.wikipedia.org/wiki/Web3 https://en.wikipedia.org/wiki/Web3
- woojoo666 4y agoThis is the strawmanning that I was talking about. Gavin Woods alone doesn't define Web3. Most people consider IPFS to not just be part of web3, but a pretty major part. Look up Web3 articles and you will find many include IPFS. It's really starting to seem like Web5 is just Web3. Edit: I think this discussion is quickly losing it's value and turning into a debate about definitions. But overall I'm just not sure if I agree with Jack Dorsey alienating the entire Web3 community when his vision aligns so closely. I understand being put off by the more scammy parts of crypto, and that is something that crypto has to address, but the majority of Web3 is full of developers honestly working towards decentralization and personal ownership. If Jack Dorsey and Web5 wants to cut themselves away from that community, I guess we'll see how it works out for them