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Exactly… NFT’s blah blah .. blockchain everything .. came off as like a sales pitch and never seemed to resonant as where the web was headed
by roody15 4y ago
Exactly… NFT’s blah blah .. blockchain everything .. came off as like a sales pitch and never seemed to resonant as where the web was headed
- k__ 4y agoWeb2: you stop paying a cloud provider, your data is gone. Web3: you stop paying a network, your data stays online. Either because it's permanent by default (blockchain, blockweave) or because people deem it interesting and pin it (IPFS) Seems like a fundamental improvement to me.
- vkou 4y agoWeb2 - stores exabytes of data. Web3 - stores a few text files and rotten hyperlinks to jpgs of (if you're lucky) poorly-drawn apes and (if you're unlucky) rugs, while setting billions of dollars on fire.
- k__ 4y agoI think, you should look into Filecoin and Arweave. Your assumptions seem to be based on the (rather specific) use-case of art NFTs. They got quite some hype, but to be honest, I didn't get them either.
- this_user 4y agoWhy exactly would you trust random strangers with your critical data rather than use S3?
- jhoechtl 4y agoIn the same sense I trusted my MP3 downloads on eDonkey before the records association played a foul game.
- Godel_unicode 4y agos/played a foul game/forced me to pay for what I’d been stealing/ FTFY.
- Dzugaru 4y agoThere is one reason is that the protocol of storage is open. Doesn't mean the thing can't die obviously, but there is some hope that someone will continue to store the data - there is some incentive (crypto value, however low or unstable that can be) to do that. Also, nothing stops you from storing the critical data in S3 too. I wouldn't bet what will last longer as a permanent storage.
- vkou 4y ago1. Both the mindshare and marketshare of NFTs and similar garbage dwarfs any use of Filecoin. 2. Dropbox and Drive are cheaper and better. S3 is cheaper.
- k__ 4y ago1. That's not really an argument. There is literally exabytes of data on Filecoin (https://stats.filecoin.io/d/z6FtI92Zz/filecoin-chain-stats?orgId=1&refresh=30s&from=now-30m&to=now&kiosk https://stats.filecoin.io/d/z6FtI92Zz/filecoin-chain-stats?o...) 2. And gone if you stop paying.
- vkou 4y ago1. That's capacity, that's not usage. I don't care about imagined usage, I care about actual usage. 2. No, it'll just be gone if crypto crashes enough and the miners sell or turn down their hardware (Probably precipitated by some fraud in some other part of the ecosystem unwinding). There's a reason nobody has built the next Dropbox on Filecoin. [1] [1] I mean, you can do that, if you have Einstein hair, and your goal is to grift dumb VC money, but you're not going to put together a better product.
- ceejayoz 4y ago> And gone if you stop paying. Are Filecoin nodes all hosting files for free? I can put a terabyte of files on there and it'll never go away?
- foobiekr 4y agoNo. That is all a lie.
- foobiekr 4y agoThis. It is amazing to me that the cult members talk about the fiction as if their take on it is real instead of the reality.
- ok123456 4y agoWeb3: your data is gone once VCs stop incinerating money into Web3 startups.
- k__ 4y agoYes, I think there aren't many chains that could live on without VC money.
- ceejayoz 4y ago> Either because it's permanent by default (blockchain, blockweave)... https://coloradosun.com/2022/11/21/brush-eastern-colorado-sexting-hearing/ https://coloradosun.com/2022/11/21/brush-eastern-colorado-se... > Two school administrators on Colorado’s Eastern Plains were accused of possessing child pornography when they investigated a school sexting case last April. No one said the men were trying to distribute the images or had bad intent. The girl in the photos and her parents begged police and prosecutors to drop charges against the men. But one of them, 32-year-old Bradley Bass, is facing up to 12 years in prison and the possibility of being branded a sex offender. He’d have to give up his career in education, and wouldn’t be able to parent his toddler and baby boy. > Bass violated a Colorado law that says even unintentionally possessing explicit images of kids is akin to having child pornography. Even parents could be prosecuted under the broad language of the statute. That's not gonna be a fun collision between technology and the legal system.
- mschuster91 4y agoGood god where has common sense in the police and justice system gone so far off the rails that this came to court and didn't get thrown out immediately?!
- smoldesu 4y agoIPFS isn't Web3
- Kiro 4y agoIt's in the Web3 picture in the article.
- k__ 4y agoI met many Protocol Labs people on crypto conferences and they pretty much see themselves as one of the core web3 technologies.
- smoldesu 4y agoThey were very influential to Web3. That being said, it's like saying that BitTorrent is a Web3 protocol just because the general interests/end goals are shared between projects.
- k__ 4y agoThe creator of BitTorrent also sees himself and his technology as an important part of web3.
- Godel_unicode 4y agoWhich is a pretty solid proof that web3 isn’t a real thing.
- dehrmann 4y agoHow does that retention strategy scale?
- lottin 4y agoA fundamental improvement in terms of what? The cloud provider provides a service conditional on being paid, whereas what you call "the network" seems to provide the service for free. Who's paying for the service?
- spaceman_2020 4y agoPaying for things ONLINE with a crypto wallet is legitimately a far, far better experience than fumbling around with credit cards. A seamless on-ramp from a bank account to a crypto wallet will really change the way we pay for things online. I believe this on-ramp is coming with CBDCs. Edit: HN is hopelessly anti Wayne Gretzky when it comes to crypto :D Edit 2: I should have mentioned 'online'
- joneholland 4y agoWhat. Is this trolling? Modern credit payments from a consumer standpoint is tap a card or a phone on a reader.
- spaceman_2020 4y agoWith a 2.5% fee to Visa
- pwinnski 4y agoWhich, in the US, is paid by the vendor, and so invisible. And worth it, given the protections against fraud, etc. If you're claiming that there are vendors giving a 2.5% discount for using crypto for anything, you've got some evidence to produce. P.S. It's not always 2.5%, either. Could be 1.5% at scale.
- nailer 4y ago> If you're claiming that there are vendors giving a 2.5% discount for using crypto for anything, you've got some evidence to produce. Or more, yes. https://www.youtube.com/watch?v=7OxtTGml564 https://www.youtube.com/watch?v=7OxtTGml564 that said technically Visa will punish you by removing you from their network for doing this.
- ehutch79 4y agoUhhh... For real, who has issues paying with a CC at a register? Or contactless payments? Don't crypto payments like bitcoin take a bit to go through? Like longer than you'd want someone tying up a cashier line?