Just for the fun of it, I want to hear everyone's arguments for why Web3 is not, or should not be the future.
In case you need a better understanding of what we're talking about here:
This shouldn't be personal, or aggressive. Keep it light, and give me your argument.
Latest comments (89)
web3 is the worst... because web0 is the best! :-D
Well look, now that the crypto market is down, I'm not hearing web3 anymore. Wait til we enter a multi year bear market haha
Web3 is the latest buzz and there is a very low chance that web3 can be huge. But I really want to succeed and whatever happens in future we can only wait. It's all in the hands of tech experts…. Quick Vashikaran Mantra
There's a great new video out on this by Folding Ideas! Check it out:
I believe Web3 is great on paper. I just think that it's just hype because other than "let's stick it to the man", there's not a single actual use case of why we should just give up on the current infrastructure of the Web in favour of Web3.
As developers we always advocate for "let's make our users happy no matter what the stack is", and usually they won't give a damn whether their app is on a server or stuck on a blockchain.
Sure it made some people some money and sure the Twitter bubble swoons every time Web3 is mentioned, but that's about it.
If you can find one, just one actual use case that is not possible using the current web, then we'll talk.
in my opinion web 3 should have nothing to do with blockchain. with that I do not want to degrade the blockchain technology. but i thing blockchain is something that will at least for some part live on the web3.
in my opinion web3 will be defined by new possibilities enabled by http3. web video streaming for more applications, not only few giant companies or through few expensive services (not complaining about their great services that are otherwise very hard to implement with WebRTC and turn servers). Also games and simulations with more interactions and faster ping, (more than 8 people playing snake against eachother in realtime).
again, nothing to coplain about companies building great solutions, the possibilities of blockchain a
or a quick and fun round of snake with friends.
For news: web3isgoinggreat.com/
For analysis: gist.github.com/sdiehl/7706ef44d95...
I have yet to meet someone who thinks these database techniques are brilliant that also hasn't spent actual currency on speculation or use them for drug purchases.
To quote Narottam04
Except that the whole eco-system is centralised, requires big tech companies, and is insecure.
Let me share from a blog post by someone who dipped their toe in:
(I recommend reading the whole thing, it's very good.)
Not the worst, but not the best as well
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?
In tech we usually have moments "X solves everything"... then when all the hangover and whatnot passes we think "oh, sh*t, now how do I get out of this mess."
Anyway, you are webdevs are always bragging about your fancy-schmancy stuff... please throw a fellow guy a rope, I am deep in the technology's back...end...😆
I haven't seen anyone mention the fact that Web3 has no real path to decentralizing the web in the way it's advertised.
When someone talks about how Web3 is going to take down the Meta-Alphabet duopoly on internet platforms, they ignore the fact that the very instant it becomes a threat to their market control, they will also do a Web3 platform that has their own private block chain or something equally un-Web3.
Sure we will know it's not free-range organic Web3 but will the billion+ users of these platforms know or even give a shit? Probably not. For better or for (more likely) worse, market consolidation is just a natural economic process that needs to be regulated by law and not by pollution causing, GPU-inflating, JPEG-trading maths.
It can't be called web3 since it's not part of W3C standard 😆
Want me to convince you that blockchain is bad thing? Sure, no problem. Just look around how many blockchain-related scams are out there in the wild.
9 out of 10 " offers " out there is SCAM
This is exactly what scammers rely on while doing their shitty thing.