Software Engineer and full-time Rustacean. While Rust is my primary language, I am also fluent in Python and Typescript. I'm also currently making a game with Godot using C#.
Instead of the open web we have now, the web would become controlled by those rich enough to afford large crypto mining farms
Instead of now where companies work together to create web standards, who will do that when it's all decentralized?
Ok the other hand, DNS seems pretty well suited to blockchain because it is already mirrored around the internet.
I just cringe when I hear people say web3 moves ownership to the people. It doesn't. It will go to the highest bidder, the way it always has. The average person cannot afford it. A large percentage of crypto is controlled by a tiny percentage of holders. Just like fiat money. Why would web3 be any different?
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Instead of the open web we have now, the web would become controlled by those rich enough to afford large crypto mining farms
Instead of now where companies work together to create web standards, who will do that when it's all decentralized?
Ok the other hand, DNS seems pretty well suited to blockchain because it is already mirrored around the internet.
I just cringe when I hear people say web3 moves ownership to the people. It doesn't. It will go to the highest bidder, the way it always has. The average person cannot afford it. A large percentage of crypto is controlled by a tiny percentage of holders. Just like fiat money. Why would web3 be any different?