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  • Updated Nov 10

    Discussion about the tech side (not investment/cryptocurrency: see pinned threads) of blockchain tech etc.

  • Nov 8

  • IN

    What projects do you think are at the forefront of web3

  • the web3 space is very exciting, the very fabric of our social and business lives are changing right before us

    decentralized protocols are essential to the future of the internet

  • SCOTT
    · edited

    Discussion about the tech side (not investment/cryptocurrency: see pinned threads) of blockchain tech etc.

    good looking op

  • I believe web4 will be the future of the internet

  • When $KTT coin on Binance?

  • Nov 9
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    1 reply

    tbh that article read like an ad for the web3.js framework

  • emu 🏳️‍🌈
    Nov 9
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    3 replies

    I don't think web3 can thrive until we understand the forces that marginalize federated social spaces while centralizing others. People tend to gravitate towards convenience and these decentralized systems and autonomous spaces just take too much effort to embrace. I also think we need to recognize that web2 has produced a strong countermovement to unplug and embrace/reclaim our own reality as opposed to augmenting it further. I just feel like the minds behind web3 are trying to force a movement when there's no demand for one and some are selling a decentralized frontend while their backend is still centralized (looking at the Cloudflare monopoly) but I would love to see those ideas become reality if that's what the people want.

  • Nov 9
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    1 reply

    what do they mean exactly when they refer to dApps being serverless

  • JayS 🦄
    Nov 9

    Thanks for the article, good read

  • me and my friendswere talking bout this recently

  • emu

    I don't think web3 can thrive until we understand the forces that marginalize federated social spaces while centralizing others. People tend to gravitate towards convenience and these decentralized systems and autonomous spaces just take too much effort to embrace. I also think we need to recognize that web2 has produced a strong countermovement to unplug and embrace/reclaim our own reality as opposed to augmenting it further. I just feel like the minds behind web3 are trying to force a movement when there's no demand for one and some are selling a decentralized frontend while their backend is still centralized (looking at the Cloudflare monopoly) but I would love to see those ideas become reality if that's what the people want.

    Yeah what's the point of web3 when people are starting to see the concerns of tech taking too much of our time?

  • Nov 9
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    edited
    emu

    I don't think web3 can thrive until we understand the forces that marginalize federated social spaces while centralizing others. People tend to gravitate towards convenience and these decentralized systems and autonomous spaces just take too much effort to embrace. I also think we need to recognize that web2 has produced a strong countermovement to unplug and embrace/reclaim our own reality as opposed to augmenting it further. I just feel like the minds behind web3 are trying to force a movement when there's no demand for one and some are selling a decentralized frontend while their backend is still centralized (looking at the Cloudflare monopoly) but I would love to see those ideas become reality if that's what the people want.

    I think the tech just isn't all way there yet

    if someone could spin up a social media site on blockchain and make it easy to on board users and support millions of users with no issues it could work.. people could actually own their own social media accounts and your whole profile would be movable to different services but capacity and usability of these networks isn't on the level of web2 yet

    that's why it hasn't caught on it's the internet in the early 90s, when it scales to billions of users that will be the point it can compete with server farms at aws, even the highest throughput blockchains right now can only support about 10k complex requests a second

  • Nov 9
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    1 reply
    iluvmusic123

    what do they mean exactly when they refer to dApps being serverless

    they are run on smart contracts (a smart contract is a turing complete application layer) which is maintained by different Proof of Stake & Proof of Work blockchains like Avax, Ethereum, Polygon etc

    you could even have a centralized Blockchain for Facebook items but it would still be Web3 if the items were interoperable with Open source networks like Ethereum

  • Nov 10
    emu

    I don't think web3 can thrive until we understand the forces that marginalize federated social spaces while centralizing others. People tend to gravitate towards convenience and these decentralized systems and autonomous spaces just take too much effort to embrace. I also think we need to recognize that web2 has produced a strong countermovement to unplug and embrace/reclaim our own reality as opposed to augmenting it further. I just feel like the minds behind web3 are trying to force a movement when there's no demand for one and some are selling a decentralized frontend while their backend is still centralized (looking at the Cloudflare monopoly) but I would love to see those ideas become reality if that's what the people want.

    extremely insightful post. I agree and am not ready for 100% web3 social yet, or at least not knowledgable enough. I'm sure these discussions have been had by others in other spaces so I'd love to have them here.

  • Nov 10
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    edited
    Lil Neon

    they are run on smart contracts (a smart contract is a turing complete application layer) which is maintained by different Proof of Stake & Proof of Work blockchains like Avax, Ethereum, Polygon etc

    you could even have a centralized Blockchain for Facebook items but it would still be Web3 if the items were interoperable with Open source networks like Ethereum

    Yes this is the kind of thing I'd like to do. Profile awards will be non-transferable NFTs (perhaps polygon or something). It ties in a lot to the "gamification" (ugh I hate that word) of this platform and the move towards people creating their own group spaces on here and making new friends with similar music tastes etc.

    The other thing is I believe users should own part of the platform. If the platform succeeds, everyone should benefit, not just the person who owns the platform. I'm not sure which direction we would take to get there, but hit me up on IG if you'd like to bounce around some ideas.

    Either way I'm not going any route which would hurt the community, create hierarchies, harm people financially, or become a focal point of the community (if the reason to engage is financial incentive rather than social then the community is ruined) — so there is so much to be thought through.

    So for anyone reading this thinking "oh no ktt is going crypto smh!"... no. I've had requests for a "KTT coin" in the past, which could have made a ton of money at the expense of others. I've aways rejected those ideas because I saw no utility from having a "KTT coin" and would have felt like a quick cash grab. So again, trust me on this.

    edit: a key focus of this roadmap is on supporting new/upcoming artists on the platform, more on that in the future. Other platforms watching.

  • Nov 10
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    2 replies

    good thread

  • Nov 10
    StayAwayFromTHEY

    tbh that article read like an ad for the web3.js framework

    probably, or rather the moralis framework/platform. I just wanted to start the discussion and googled for something quickly.

    If people can hit me with some better links please do.

  • Nov 10
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    1 reply

    To me it seems that this is just more of the same technology that already exists within web2. I don't see how adding a js framework to web2 would change it to the degree thats implied here. Adding functionality for blockchain tech just seems like it'll just be an api addition to certain sites.

  • Nov 10
    aaron xx
    https://twitter.com/cdixon/status/1442201621266534402

    good thread

    So it’s a new way of building platforms x sites that favor the designers?

  • Nov 10
    PapiChampu

    To me it seems that this is just more of the same technology that already exists within web2. I don't see how adding a js framework to web2 would change it to the degree thats implied here. Adding functionality for blockchain tech just seems like it'll just be an api addition to certain sites.

    for sure, don't add blockchain where it isn't needed.

    i've seen many startups and other projects over the years using some blockchain because its a fancy buzzword, when a centralized database would be cheaper, faster, easier to manage, and so on.

  • Decentralizing the internet

  • Nov 10

    In

  • Blockchain is most relevant in financial services/supply chain tbh imo. A lot of the tech is gimmicky and adding blockchain where it isn’t necessarily needed kind of like everyone saying AI everything like a few years ago. Now, I’m very very interested in DAOs, this whole model and concept of decentralized companies is really weird but can have some very creative use cases like ones that we already have seen. This is really just the beginning, new use cases are popping up in crypto on the daily so would love to see what we see over the next few years as bigger players come in and more people look to innovate.

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