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Web3 isn't blockchain. Blockchain just one potential category of technologies or set of implementations. Web 2.0 was not defined by its technologies or impleme
by bonestamp2 4y ago
Web3 isn't blockchain.
Blockchain just one potential category of technologies or set of implementations. Web 2.0 was not defined by its technologies or implementations, it was defined by its value proposition. So, forget blockchain... at a higher level, Web3 is going to be about ownership.
Billions of people gave Facebook, YouTube, Twitter, Reddit, etc. value by creating the content that made those products useful. Web3 still has a lot to workout, and as much as blockchain is trying to co-opt web3, it may not be a part of it in the end -- but the people who create the content will get paid this time around. That is what will define Web3.
- astrange 4y agoPeople on Web 2.0 are getting paid more than they deserve already by using these services for free. Most accounts don’t need to make YouTube money as long as the big ones are subsidizing them. A decentralized system where users don’t have to view ads etc. will necessarily be more expensive for everyone - because you have to fund infrastructure, because you have to penalize spammers, and just because if posters are getting paid it has to come from somewhere.