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The idea, as far as I can tell, was for web3 to be truly distributed. That is, there is no single point of failure for any website and no single entity totally
by dartos 3y ago
The idea, as far as I can tell, was for web3 to be truly distributed.
That is, there is no single point of failure for any website and no single entity totally controls any site.
Over time as the decentralization bend of crypto faded, so did the meaning of web3.
Eventually it devolved to meaning a site using a crypto wallet for purchases and identity.
At least that’s been my understanding as someone following fairly closely
- kodapoda 3y agoI think the on-chain products like games are also considered part of web3. Some game developers attempted to store game and user state on chain. As far as I know, these are mostly gambling-type games where the actual gameplay is almost non-existent, and the only attraction (beyond the obvious gambling/crypto) is "the community", "future potential", etc.