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Discussion on: Web 3.0 for mortals: An honest look at the next generation of the web

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lil5 profile image
Lucian I. Last

I fear that Web 3.0 is a trap.
Technology is only as good as it's usefulness.

Currently the planet is going down a spiral of human induced destruction. So IMO technology should be adapted to halt, heal or defend-against this existential crisis.

I'm so sorry but Crypo (not as the technology but rather as a valuta) is not future proof;

  1. It depends on the Internet continuing to work during a tsunami or other natural disaster
  2. As long as the cost of GPUs + electricity is lower than the "worth" of crypto, it will suck as much power as electricity providers are willing to put up with, daily with wind and solar - nightly with gas and coal.
  3. It falls short in its initial spirit: the winners of crypto are not the poor, those are buying in to the idea, then fall pry to scams or bad luck without fallback, thus control evermore fastens at the top.

The true technologies of the next Web lie in their usefulness during wild fires, famine & flooding. These technologies come to mind; P2P networks, immutable blockchain databases for user authenticity, compression algorithms.

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jesusantguerrero profile image
Jesus Guerrero • Edited

Thanks for the comment Lucian.

I have many doubts too. Good brakedown but they have some points.

But two points:

  • A lot of the things we have today depends on internet and can be damaged by natural disasters.

  • Web 3.0 is not only limited to Blockchain and crypto so saying it is a trap is not fair at all.

But Blockchain or whatever solution that solves the descentralization problem have to be faster, more scalable, less expensive and should consume less energy than the current one, because if not, those things can't supply the requirements and use cases that the current web 2 has solved.

They identified the problem and are iterating with the solutions the current one it is not the perfect one and they are aware of this.