Hi, I am Francesco, and I share daily content about Web3 (mainly on Twitter and YouTube)
In this article, I will summarize the steps you can take ...
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I just don't understand Web3 the more I think about it.
Can someone explain the incentive/reasoning for Web3 (specifically dapps)? What are the actual benefits of making an decentralized app using the block chain versus a large cloud network such as AWS?
Also apps become decentralized, does that mean corporations lose their stake in apps? Do the apps become autonomous/self-sufficient? If so, isn't that the same thing as a public stock exchange (investors become partial owners)?
As far as I am concerned, web3, cryptocurrencies and NFTs are just a pyramid scheme scam, and the crypto-based implementation of blockchains is a convoluted, wasteful solution to a problem no one has. It's all just a grift. So there's really nothing to understand about it. It will crash and fade away into obscurity. And if it doesn't then I truly lose all hope for humanity.
Yep. It's snake oil, except the salesman doesn't even know what problem it solves, he just tells you it's "good", because it comes from magic snakes.
Ironically, it’s a beautiful analogy… I can certainly understand why many people are justifiably (although perhaps a bit self-righteously) repulsed by the straw man they’ve built of web 3.
But because a salesman doesn’t understand his own snake oil doesn’t make it not valuable.“web 3” is a concept, not a specification or initiative. So, why not also explore its merit?
Because there is no merit.
Isn’t there, tho? Seems you accept the notion that “web 3” is conceptual… so, is it that it is without merit - for any use case whatsoever - or that you’re without sufficient imagination? 🤷♂️
Great list, Francesco!
I'd like to add few pretty solid resources.
If you don't know too much about blockchain and crypto, start with Binance Academy.
Finematics is a good YT channel for learning about DeFi and Web3 protocols and how they work.
Podcasts like Bankless and Unchained are good for conceptualizing Web3 and where it's headed. Podcasts like Blockchain Software Engineering Daily, Hashing it Out, and Zero Knowledge Podcast help understand more of the engineering side of things.
Tell me one App which would make sense on a blockchain.
Uhm, not a big fan of web3 but I think some sort of donation tracker for charities, ngos, political parties, etc could make sense. Maybe not 😄
Just don't, waste your time with something usefull and with a future. This is just a waste of time, for you and for the world. I'm sure the article is useful and well thought out though. I just don't see a future for web3 if I'm honest.
For a while I was interested in "Decentralized Social Media" but then I finally decided "Federated" was acceptable. Here's a little app I wrote that works on the Fediverse....
Quanta - Welcome to the Fediverse
"This idealized version didn’t quite pan out due to technological limitations..."0
cope. y'all come & get your sisyphean boulder
Thanks, Francesco to breaking down such a complex domain into simpler form⚡
you are welcome Suraj! Trying my best to help as many people as possible.
What is the purpose of Web3 and why it matters ?
جلب الحبيب عن طريق اسم امه
What is the value of putting all the responsibility on a system instead of people? What is the value of transparency on the processes that occurs behind?
What means to you get out of society of the spectacle and start building organizational structures that requires people involvement?
Putting the focus on systems instead of people, that's what blockchain brings to the table.
(I don't like web3 cause is an incorrect nomenclature.)
I'll think I'll pass this version.
👌
I love this article! Thank you so much, it helps me a lot!
thank you so much!
Thank you for sharing this!
you are welcome!
This is a great guide, Francesco! Thank you for putting this together!
you are welcome Sumudu!
Great blog, @francescoxx 🔥
Thank you Pradumna for this!
Great Post.
Thanks for sharing, Francesco.
Thank you Idris!
Thanks this is a really good resource.
Thank you Andrew!
This is really a great read! Thanks for sharing Francesco
Thank you Meet!
Nice recap! This is a must have in the bookmarks 😍
thank you Joel!
Hey Francesco, great article and resources list !!
I would like to add The soroban stellar platorm as a place to learning more about blockchain and smart contracts.
it's plenty of resources. thanks for sharing
very informative
you are welcome
When 5G and 6G becomes the daily basis people will understand the importance of blockchain and decentralised methodologies, if someone wants to enter the field this is the right moment. Now its time to learn and practice, future will be interesting and even more with the rise of China as the first economy of the world.
Learn and deploy blockchain and decentralised technologies doesn't mean that every single part of the infrastructure are going to be part of it, it only means that we are going to have organizational structures that does not require the devs and users trust.
The difference between Blockchain and other technologies like SOLID is that responsibility lies with the system and not with individuals or organizations.
Thank you Steven!
Thanks Allot
you are welcome!
Thank you Francesco, really helpfull!
Cannot say the same about all you FUD-spreading guys/gals -what are you even doing here?!?...
DYOR with an open mind and you will see the vallue...till then a couple of hints:
Owning your data means something to any of you?
Getting paid -for a change- for using a dApp perhaps?
Freedom of speech maybe? (e.g. not getting your content banned by corporates to their liking?, see YouTube)...
The Future will be Decentralized bb (yes of course its wishfull thinking, but its also definetelly true to an extent, and above all its a "call to arms" to that exact end...).
But ok, lets try something more "objective" perhaps: The future will be written on the Blockchain, for better and for worse! This -alongside others like AI, 5G+, and IoT- is the technology that has the potential -and ultimately will (as its already happening)- enable and host the greatest Dystopia and Eutopia -at the same time!- of all times...
...Stay tuned and enjoy your brand new Holy War. peace