Trying to claim the term “Web3” is a futile battle. It is already widely understood to mean crypto and blockchain. If I see a job posting that says the company is built on Web3, I know immediately that the job is built on scams and grifts without having to ask further questions. Web3 as a term is ruined already.
For this to work it must be a different term than Web3. Maybe “Web 3.0” is different enough?
Time for Web4
I suggest forking Web3 into at least three competing things
as long as they all compete to be the standard, and aren’t going to communicate with each other well, I’m in!
Just do what USB does and call it “Web 3 v2”
Web 3 v2 final (1)
Note that not all Web 3 v2 final (1) features are required to be labeled Web 3 v2 final (1). Please consult vendor documentation to determine which features are supported on their device.
Web 3 v2 final (1)++ Remastered Advanced with Knuckles Pro Edition
Web69
“Web x” is dumb marketing speak. It exists because people who use the phrase can’t intelligently talk about the actual underlying technology.
I think it’s useful terminology, but only very generally and in hindsight. Web 1 is a pretty clear era in the 90s and early 2000s, characterized by simple static blogs and personal websites, and email. Everyone knew this would be big, but nobody figured out how, that was the dotcom bubble. Web 2 began with the rise of big tech companies like Google and Facebook in the late 2000s, it has been characterized by social media apps, centralized platforms hosting user created content, funded by targeted advertising and data mining. Web apps became possible and smartphones took over. Every product became a subscription service.
I think we’re at the start of web 3, but it’s hard to say what that is yet. The big tech companies are crumbling and there’s increasing unrest at the old system of web 2. Fed up users are turning to platforms like this. There’s a lot of demand for crypto nonsense like NFTs. AI is changing the way we do everything.
I hope that web 3 is the age of decentralization because that would be awesome, but it’s impossible to predict the future.
also Web 3.0 was already a thing (semantic web), cryptobros just stole the term.
Which is pretty much what activitypub is a part of.
Or perhaps Web 3.1. But seriously, I would call it the Federated Web.
Web 3.1 for Workgroups?
The FedWeb
The Feb
It’s not a bad idea but federated is the term they’re using to tell everybody not to get off reddit because it’s too confusing.
I think whatever name you give it they’re going to try to sell it as being too confusing.
You could call it distributed web but they’ll taint that as soon as you stick it in front of them
Web3 usually means it’s decentralized. So yes, in most cases it’s cryptocurrencies
Blockchain and crypto are both decentralized, which is exactly what Web3 is defined as. Just because they came before federated websites doesn’t mean the definition is exclusive to them. I would call “Web3” ruined, rather I would say that ActivityPub is the first great implementation of it.
PS: The distinction between Web 3 and Web 3.0 is giving me some real USB 3.2 Gen 1 vibes.
How about Fweb or Feb?
Hey, it has so many uses. I can’t name a good one that isn’t actively being made a scam, but so many uses. Wave of the future. Buy crypto, trust me.
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I mean… We are getting to a point where die off of a good chunk of the World-Wide Web due to bad actors and drying-up ad revenue isn’t implausible. The Web is only one part of the Internet.
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Dumbass lemmy.world hot takes
Bro how you going to insult a whole instance
Edit: oh I see why, you’re butt hurt about getting defederated.
They’re not defederated, only specific communities are blacklisted from syncing on lemmy.world.
If they were, they wouldn’t be able to post in any lemmy.world communities or even comment on any posts of lemmy.world.
All very good points, I should probably finish my coffee
I mean lemmy.world does actually kinda suck. They block piracy communities, don’t know a shit about cyber security and can’t keep their servers online for more than a day before they go down. The only reason why people use lemmy.world is because they want to avoid lemmy.ml.
There’s several reason i dont use my lemmy.world login much at all anymore. But when I was there, it was because it was supposed to be “the right instance for me” according to the info I had access to. I knew nothing about all this lemmy/federated stuff (my only federation experience was with star trek… and federated architectural 3d modelling coordination programs like Revit/BIM360). So i joined the “right instance for me” and guess what? it kinda sucked. but it was frustrating. I just wanted things to work, but there was drama over hexbear and others, and half the time the servers were being ddos’d. So i jumped ship to lemmy.zip and discuss.online as a backup. Could just have easily been me this user was insulting, a few days ago. Insulting me would not have pushed me closer to switching instances, it would have just convinced me further that this place is just as, if not more toxic than reddit. I didn’t vote to de-federate hexbear, or any of the other recent de-federations related to piracy (insert legit argument about server hosted content vs. US law), and I was still trying to get my bearings.
Just because lemmy.world does “kinda suck” doesn’t mean we should berate their users, thats antithetic to the entire idea of federated communities interconnecting this way.
If Reddit can host a piracy community, why can’t lemmy.world do it? I made an account the day lemmy.world defederated with that community. After I noticed that I immediately deleted my account and switched to sh.itjust.works and lemm.ee is there as a backup. But you’re right, we shouldn’t hate on innocent lemmy.world users who don’t know any better. It’s not their fault that the admins are such morons.
reddit.com is Reddit.Inc. with investors and lawyers and content curators and admins galore etc.
Lemmy.world is idk some guy named ruud in a basement with servers or something idk. The point is they aren’t equivalent resource pools to protect them from legal issues.
Right, but AFAIK he hasn’t even received any legal complaints. He could have done nothing, and only defederate when some shitty media company complains.
Lemmy.world is the normie us-centric lemmy server
…and?
Normie land is reddit. If you can’t think critically then best leave
How about you shut the fuck up, Edge Lord, And leave other people to do their own thing? Gatekeeping Lemmy is not critically thinking.
Web3 is a game changer. Try to escape the bubble of info you’re consuming on these pro imperialist instances
but how do I give someone .0045 cents for no apparent reason??
Don’t forget the 40 dollar transaction fee
The only people that think this is correct are ones that learned about crypto 5 years ago and never thought to update their information. The lightning network allows for tiny bitcoin transactions with sub one cent transaction fees. In addition to that, the transactions happen in less than a second.
It’s also centralized and just a bandaid over an issue that could have been solved if Bitcoin had stayed true to its original intention, i.e. digital cash, not a fake store of value.
It’s also centralized
Nothing about lightning is centralized, unless you think bitcoin itself is centralized.
https://www.reddit.com/r/btc/comments/s3tvox/is_lightning_network_decentralized_why/
Great explanation by someone who isn’t a maximalists. Sorry but yes it is.
Haha. Fees are high and it’s impossible to open a channel because of that? That’s beyond stupid…
No, it’s centered around large nodes, that’s the point they’re making.
Over 50% of the network’s capacity in the hands of 5 entities?
https://www.reddit.com/r/btc/comments/vo86ki/over_half_of_all_lightning_network_capacity_is/
Shit’s decentralized as fuck yo!
Heck, Bitcoin itself had the majority of its hashrate coming from a dictatorship where the state needs to have a representative in all major companies… One move and the Chinese government had control over the network.
#decentralization
This is absurd. Anyone who has the slightest idea of how it works knows that it is in no way centralized. It isn’t hard to learn how it works.
Monero transaction fees goes brrrrrrrrrrr
It’s less than 10 cents
I also think IPFS (non filecoin version) could prove useful in the future as well.
A post mentioning IPFS that hasn’t been downvoted into the mantle? I’m impressed.
It seems that most people don’t have any idea that it’s not reliant upon blockchain.
Somebody asked the other day about hosting websites on cell phones. I mentioned that IPFS would be just about perfect for that and everyone got out their pitchforks.
IPFS is great, but also so difficult to get it right
I’m already using it, but just for notes so there aren’t any measurable improvements over the traditional methods. It’s still cool to see it work though.
Noooooooooo, you can’t like things that can evade stupid and needless monetization!
it’s insulting to consider cryptocurrency or blockchain as any kind of next generation thing
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… keep being insulted by reality, then?
To me it feels like how 3D tvs were. Cool tech but not enough people hopping on board to make it mainstream so it stagnates and fizzles out. I could be wrong of course
Oh, yes. Good luck preserving the value you spent your life creating in your cash/fiat money while the printer goes brrrr. When bank bail-in happens to bail out the rich, I’ll be laughing my *** off. I bet you don’t even know what bail-in means. It basically means the banks will take your money to bail themselves out, like Cyprus in 2010s. It’s the plan if a crisis happens. Read about it.
Also, I hope you enjoy the social credit system after Central Bank Digital Currency becomes a normal thing, and then be cut off the financial system for being a “bad boy” with a press of a button. Today Nigel Farage is the bad boy, tomorrow it’s you (but you’re good boy, aren’t you?).
Your corrupt politicians can’t pry my cryptocurrency out of me even if they wanted to. They won’t even know how much I have. I can, on spot, drop everything and leave to a new country when things get bad (they never do, now do they? I gotta stop with the conspiracies… things are perfect)
Chickens will come home to roost. I guess we all pay for our decisions after all. That’s what life is about. That’s why I care not when people lose their life savings because they trust governments. They chose that.
Your corrupt politicians can’t pry my cryptocurrency out of me even if they wanted to.
All they need is a $5 wrench lol
Especially funny since to be usable you need to exchange it or buy it you need standard currency (unless you mine it), meaning you are back to square one
I ain’t reading allat
Of course you won’t… why would you? Enjoy being a poor slave. That’s what you guys do. Never read.
sorry what are you saying? I can only see googoogaga repeated a bunch
Look at me is federated and decentralized
I am the web3 now
I call it web3.0++ its web3.0 after the concussion wore off.
Web 3.1, this time with realistic use cases!
I’m gonna wait for Web 3.11 For Workgroups.
Or web 3.0 minus. As in minus that libertarian bullshit.
I would see that crypto and blockchain scam as more like the last breath of Web2, given the monetization thing
No. Web2 is about user generated content (as opposed to the static pages of Web1) - crapto stuff hardly fits the bill. Like it or not, it really does belong to Web3 - which is about decentralization.
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The web was always decentralized though. In fact Web 3 brought more centralization. Everything is in the cloud now, which is really just two or three main data center operators. That’s my techno luddite take.
Federation was we 1.0 people forget all major chatting services used to be integrated. You could have a yahoo im show up on your aim chatbox.
Wait until you hear about XMPP (and it’s bridges).
Holy cow
what if web3 is anonymous overlay networks like Tor hidden services? It a completely new concept to internet itself, and if directly implemented on hardware it will be true Web3
Why would you need to implement it directly on the hardware? Wouldn’t that hurt adoption? Something like Veilid seems like a way better option to me. It’s just a shame the documentation is so lacking (last time I checked).
I’ve been calling it web 1.5. It feels a lot like the web before web 2.0, but leverages improvements in technology and knowledge since then
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give it some time and there will be crypto based instance. I think both technologies can coexist.
There already is monero.town which is an instance centered around Monero.
If Federation/Decentralization could be combined with decentralized crypto currency payments through something like Monero in a way that is not a scam, it would actually be great. We need some kind of monetization model for the Federated Web, and crypto currencies are actually great for that purpose but so far all implementations of this haven’t really worked or were just a scam.
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Why are Miners a problem? You need people who mine the crypto and then sell it to you, cryptos with a pre-mined supply are garbage. The problem is not with the miners, cryptos like BTC or ETH that can be mined with ASICs are the root of the problem. The only crypto currency I consider legitimate is Monero (XMR) because its RandomX algorithm makes it resistant to ASICs and GPUs. It is meant to be mined with a CPU, and only CPU-mining is efficient and economically viable. (Although in the Monero community, we don’t mine Monero for the money, we do it to support the decentralized system) XMR has the core idea that 1 CPU = 1 vote on the blockchain. Everyone has a device with a CPU, thus everyone can mine. ASIC-powered mining farms in China (which are often the ASIC factories themselves) don’t have an advantage over regular users, as it should be.
Why do you need mining or artificial scarcity at all? Yes, CPU mining is more ‘efficient’, but what is the point? And why are all (as far as I can tell) crypto currencies deflationary? It encourages hoarding rather than spending and investment which can be economically devestating. Maybe that doesn’t matter for black market usage, but there are many crypto supporters who see it as the future of actual currency.
BTW Monero is like the one crypto I find kinda interesting, due to the privacy aspects.
Because that’s how the blockchain works. Without validation (which is what Mining does) anyone could just claim they have e.g. 1 million XMR when they have zero. Because you don’t have a central authority in crypto currencies, you need some other mechanism which verifies that transactions are legitimate. That mechanism is a whole bunch of complex math, or in other terms, Mining (in the context of crypto currency). Glad you like XMR though.
Not all cryptocurrencies are deflationary. Yes the deflationary model encourages holding/discourages spending however for some projects this is a desired outcome based on the utility the coin/token is aiming to provide.
Additionally deflationary crypto can act as a hedge against inflation, hyperinflation, and stagflation. The decreasing supply can counteract inflationary pressure caused by externalities like government policies and economic shake ups.
I think any hedge against inflation is countered by the extreme volatility most of them suffer from.
Which cryptos are non-deflating BTW?
cryptos like BTC or ETH that can be mined with ASICs
ETH moved to proof of stake, no more POW mining needed.
