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carlosdp
searching PlanetScale…
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181.
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by
carlosdp
5y ago
Yes, because otherwise you are still trusting a centralized third party, which has incentives to lock you in to an ecosystem =/
182.
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carlosdp
5y ago
This is a bananas statement, there is literally billions of $ transacted safely and successfully on smart contracts every day. Gnosis Safes (a multi-sig smart contract wallet) secure $96b in assets today and hasn't had a single securit
183.
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by
carlosdp
5y ago
Right so this is where smart contracts come into play. There are crypto wallets that are based on smart contracts which encode logic that allow people to "recover" their wallets if they lose their key by having some N of a selecte
184.
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carlosdp
5y ago
This is a really nice implementation! Looks really simple to use. I think a lot of devs these days would love to not have to be responsible for sensitive data these days, especially with GDPR.
185.
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carlosdp
5y ago
That's entirely fair, but the perspective of those in web3 is that this property exists on a spectrum. The present day incumbent side of that spectrum is that the DNS registrar could decide one day to just take your domain from you, an
186.
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carlosdp
5y ago
How are we not part of the web community? Literally everything in web3 is built on the web using web technology and web primitives. Hell, our standards processes are even inspired by W3C/RFC process. I also challenge the notion web3 is
187.
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carlosdp
5y ago
I'm a dev/CTO full-time in Web3, we work on smart contracts and all that, we spend 0 time thinking about payments and finance. You're talking about DeFi, there's a LOT more stuff in web3 now that can only be classified a
188.
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carlosdp
5y ago
I could turn all blockchains off tomorrow and I guarantee nobody would notice the effect on the climate on any graphs that matter. Oil/gas/energy loves that everyone is for some reason concentrating on crypto as if it's the
189.
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carlosdp
5y ago
This literally sounds like the whole "your gay marriage is ruining my marriage, just by existing" argument, but for the web. Like, what are we talking about here?
190.
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carlosdp
5y ago
> At that level, lawyers should be involved on both sides anyway and your $20K fee is better spent on proper legal services to get it done. Escrow.com is notoriously expensive. Yea so, that's kinda the point of what he's saying
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carlosdp
5y ago
The planet doesn't really care about "per capita" though, just total effect. By that logic, a country that has only 1M citizens but is highly industrious and has more pollutant side-effects per capita for that reason should g
192.
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carlosdp
5y ago
These really well built "web3 is dumb" sites seem like peak Streisand Effect, I'm baffled so many people are spending so much time yelling about something they think has "no use-case" and is already doomed to fail..
193.
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carlosdp
5y ago
That's not how words work. You propose a term, and either it catches on or it doesn't, and this one has caught on. I don't know what committee of developers "that don't own/trade cryptocurrencies" you imag
194.
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carlosdp
5y ago
Nike is really good at acquisitions and collaborations, super excited to see what this grows into! Fwiw, RTFKT is more than an "NFT startup." Their core focus is digital apparel, including AR-based augmented sneaker tech and such.
195.
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carlosdp
5y ago
> “Now imagine with this proposed Web3 that it’s true that users will own their data and experience. Why in the world would FB and Twitter and the mega corporations allow that? They stand to gain so much.” - my friend Auzzie, a pretty sm
196.
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carlosdp
5y ago
You don't have to use the frontend they host, it's not an actual single point of failure. Their frontend could go down, and as long as someone else is hosting one (or you download the source from github and host it locally) you
197.
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carlosdp
5y ago
^ this is correct, BadgerDAO has no control over user accounts, this is purely a frontend that was manipulated. You could redploy the frontend from source somewhere else without asking Badger and it would work just as well.
198.
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carlosdp
5y ago
> The root node [under which all ENS domains are registered] is presently owned by a multisig contract, with keys held by trustworthy individuals in the Ethereum community. For what it's worth, this is changing as we speak. ENS rece
199.
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carlosdp
5y ago
> On a compute basis, blockchain networks don’t scale except by becoming the very same plutocratic and centralized systems they allegedly were designed to replace. That sentence right there is when I stopped reading and realized the auth
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carlosdp
5y ago
Funny, I was just thinking I'd much rather they launched something like Mobilecoin instead of depending on donations.
201.
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carlosdp
5y ago
Great idea! How are we going to get people to run their own persistent servers at scale so this peer-to-peer network stays online 24/7 though? Oh I know, why don't we build some kind of economic incentive that pays whoever wants t
202.
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carlosdp
5y ago
The comments on this thread are... interesting. I hope I can clear up a little bit about POAPs, why people care about them, and what the point is. First, why make POAPs instead of just making your own NFT? On one hand, what they are doing i
203.
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carlosdp
5y ago
You're paying with the time and skill it takes to maintain your own server on your own infrastructure. You have a bad storm and lose your connection to your ISP, your site is down. I'd much rather put some money in a smart contrac
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carlosdp
5y ago
Willing to bet places that currently don't have the infrastructure to connect to a blockchain reliably also don't have functional legal systems to enforce ownership of physical assets / property.
205.
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carlosdp
5y ago
The "existing web" and web3 aren't separate things. Web3 is the organic evolution forward of the web, and it has tons of traction already.
206.
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carlosdp
5y ago
web3 isn't being conflated with crypto, web3 IS the decentralized web powered via crypto.
207.
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carlosdp
5y ago
You're taking a digital item and complaining it doesn't exist irl. It's only an "invoice" to the physical world, it can actually be used for things in the digital world, like gaining access to private chat rooms &#x
208.
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by
carlosdp
5y ago
There are plenty of articles every day talking about how crypto is a scam or w/e. Anyone that's worried about one more on the pile is being irrational. No amount blog articles is going to materially impact the long-term outlook of
209.
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carlosdp
5y ago
It's a great forum, but it's wayyyy more technical than HN. Anyone just trying to keep up with what's being built will get lost in casual zero knowledge math very quickly.
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carlosdp
5y ago
I used to as well, but these days I find sorting through optimism much more useful than sorting through pessimism when building in the space. It's much more fruitful to talk down someone buying too much hype and learning the one compon
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