• StarManta@lemmy.worldEnglish
    11210·
    1 year ago

    Trying to claim the term “Web3” is a futile battle. It is already widely understood to mean crypto and blockchain. If I see a job posting that says the company is built on Web3, I know immediately that the job is built on scams and grifts without having to ask further questions. Web3 as a term is ruined already.

    For this to work it must be a different term than Web3. Maybe “Web 3.0” is different enough?

    • cxfredeper@lemmy.worldEnglish
      23·
      1 year ago

      “Web x” is dumb marketing speak. It exists because people who use the phrase can’t intelligently talk about the actual underlying technology.

      • biddy@feddit.nl
        10·
        1 year ago

        I think it’s useful terminology, but only very generally and in hindsight. Web 1 is a pretty clear era in the 90s and early 2000s, characterized by simple static blogs and personal websites, and email. Everyone knew this would be big, but nobody figured out how, that was the dotcom bubble. Web 2 began with the rise of big tech companies like Google and Facebook in the late 2000s, it has been characterized by social media apps, centralized platforms hosting user created content, funded by targeted advertising and data mining. Web apps became possible and smartphones took over. Every product became a subscription service.

        I think we’re at the start of web 3, but it’s hard to say what that is yet. The big tech companies are crumbling and there’s increasing unrest at the old system of web 2. Fed up users are turning to platforms like this. There’s a lot of demand for crypto nonsense like NFTs. AI is changing the way we do everything.

        I hope that web 3 is the age of decentralization because that would be awesome, but it’s impossible to predict the future.

      • wtfeweguys@lemmy.whynotdrs.orgEnglish
        1·
        1 year ago

        Abusing terminology, especially by marketers, is frustrating and cringe. But don’t underestimate the value in having a simple, shared term to describe a paradigm many things fit into.

    • mustardman@discuss.tchncs.deEnglish
      131·
      1 year ago

      Blockchain and crypto are both decentralized, which is exactly what Web3 is defined as. Just because they came before federated websites doesn’t mean the definition is exclusive to them. I would call “Web3” ruined, rather I would say that ActivityPub is the first great implementation of it.

      PS: The distinction between Web 3 and Web 3.0 is giving me some real USB 3.2 Gen 1 vibes.

    • Astroturfed@lemmy.world
      56·
      1 year ago

      Hey, it has so many uses. I can’t name a good one that isn’t actively being made a scam, but so many uses. Wave of the future. Buy crypto, trust me.

      • Ubermeisters@lemmy.zipEnglish
        244·
        1 year ago

        Bro how you going to insult a whole instance

        Edit: oh I see why, you’re butt hurt about getting defederated.

        • m-p{3}@lemmy.ca
          17·
          1 year ago

          They’re not defederated, only specific communities are blacklisted from syncing on lemmy.world.

          If they were, they wouldn’t be able to post in any lemmy.world communities or even comment on any posts of lemmy.world.

        • Free Palestine 🇵🇸@sh.itjust.works
          44·
          1 year ago

          I mean lemmy.world does actually kinda suck. They block piracy communities, don’t know a shit about cyber security and can’t keep their servers online for more than a day before they go down. The only reason why people use lemmy.world is because they want to avoid lemmy.ml.

          • Ubermeisters@lemmy.zipEnglish
            10·
            1 year ago

            There’s several reason i dont use my lemmy.world login much at all anymore. But when I was there, it was because it was supposed to be “the right instance for me” according to the info I had access to. I knew nothing about all this lemmy/federated stuff (my only federation experience was with star trek… and federated architectural 3d modelling coordination programs like Revit/BIM360). So i joined the “right instance for me” and guess what? it kinda sucked. but it was frustrating. I just wanted things to work, but there was drama over hexbear and others, and half the time the servers were being ddos’d. So i jumped ship to lemmy.zip and discuss.online as a backup. Could just have easily been me this user was insulting, a few days ago. Insulting me would not have pushed me closer to switching instances, it would have just convinced me further that this place is just as, if not more toxic than reddit. I didn’t vote to de-federate hexbear, or any of the other recent de-federations related to piracy (insert legit argument about server hosted content vs. US law), and I was still trying to get my bearings.

            Just because lemmy.world does “kinda suck” doesn’t mean we should berate their users, thats antithetic to the entire idea of federated communities interconnecting this way.

            • Free Palestine 🇵🇸@sh.itjust.works
              32·
              1 year ago

              If Reddit can host a piracy community, why can’t lemmy.world do it? I made an account the day lemmy.world defederated with that community. After I noticed that I immediately deleted my account and switched to sh.itjust.works and lemm.ee is there as a backup. But you’re right, we shouldn’t hate on innocent lemmy.world users who don’t know any better. It’s not their fault that the admins are such morons.

              • Ubermeisters@lemmy.zipEnglish
                9·
                1 year ago

                reddit.com is Reddit.Inc. with investors and lawyers and content curators and admins galore etc.

                Lemmy.world is idk some guy named ruud in a basement with servers or something idk. The point is they aren’t equivalent resource pools to protect them from legal issues.

    • linearchaos@lemmy.worldEnglish
      271·
      1 year ago

      A post mentioning IPFS that hasn’t been downvoted into the mantle? I’m impressed.

      It seems that most people don’t have any idea that it’s not reliant upon blockchain.

      Somebody asked the other day about hosting websites on cell phones. I mentioned that IPFS would be just about perfect for that and everyone got out their pitchforks.

      • 31337@sh.itjust.works
        21·
        1 year ago

        I don’t know the details (checked it out once, before crypto integration), but it’s like bittorrent. You seed your own files, people who download and keep the files also seed. I think I once tried out a prototype decentralized (crypto) ebay-like app, and all images were “hosted” on IPFS. (So, once the app downloaded the product image, it seeded it to other clients).

        I believe all files are hashed, and something like DHT is used to lookup files by hash id.

      • Laura@lemmy.world
        7·
        1 year ago

        basically like bittorrent but the entire network is just one swarm and blocks are deduplicated and everyone keeps the stuff they accessed for a while so peers near to them can fetch it from them

        it also has a dht, a pubsub like system for fast message propagation and changeable content and is built to be future proof on the protocol level (everything is modular and self describing and can be swapped out)

        oh and also everything can link to everything by its CID (content identifier)

    • qaz@lemmy.worldOP
      1·
      1 year ago

      I’m already using it, but just for notes so there aren’t any measurable improvements over the traditional methods. It’s still cool to see it work though.

  • Bappity@lemmy.worldEnglish
    5014·
    1 year ago

    it’s insulting to consider cryptocurrency or blockchain as any kind of next generation thing

      • SomeAmateur@sh.itjust.worksEnglish
        153·
        1 year ago

        To me it feels like how 3D tvs were. Cool tech but not enough people hopping on board to make it mainstream so it stagnates and fizzles out. I could be wrong of course

    • Decompose@programming.dev
      739·
      1 year ago

      Oh, yes. Good luck preserving the value you spent your life creating in your cash/fiat money while the printer goes brrrr. When bank bail-in happens to bail out the rich, I’ll be laughing my *** off. I bet you don’t even know what bail-in means. It basically means the banks will take your money to bail themselves out, like Cyprus in 2010s. It’s the plan if a crisis happens. Read about it.

      Also, I hope you enjoy the social credit system after Central Bank Digital Currency becomes a normal thing, and then be cut off the financial system for being a “bad boy” with a press of a button. Today Nigel Farage is the bad boy, tomorrow it’s you (but you’re good boy, aren’t you?).

      Your corrupt politicians can’t pry my cryptocurrency out of me even if they wanted to. They won’t even know how much I have. I can, on spot, drop everything and leave to a new country when things get bad (they never do, now do they? I gotta stop with the conspiracies… things are perfect)

      Chickens will come home to roost. I guess we all pay for our decisions after all. That’s what life is about. That’s why I care not when people lose their life savings because they trust governments. They chose that.

        • toomanyjoints69@lemmygrad.ml
          51·
          1 year ago

          Monero is an ok cyrptocurrency because its not designed to make you money. Its designed to launder money and buy illegal things. Its useful if youre trans and live in Florida where hormones will be illegal.

          Anyone who thinks crypto will replace money is high. The problem with capitalism isnt money. You cant fix it by inventing different money.

        • Decompose@programming.dev
          112·
          1 year ago

          Of course you won’t… why would you? Enjoy being a poor slave. That’s what you guys do. Never read.

      • regalia@literature.cafe
        6·
        1 year ago

        Crypto bros love to bring up CBDC, like we don’t have a centralized banking system with credit cards already lol. I wonder if you’re libertarian!

  • regalia@literature.cafe
    362·
    1 year ago

    I hate the term Web3, the name itself feels like gaslighting. It tries to imply like it’s the next step for the web. It’s just grifting and is absolutely impractical lol.

    Notice how Web3 blew up because of insane VC money, then suddenly dies what feels like overnight. They didn’t care about decentralization, otherwise they’d actually invest in non Blockchain bullshit. But then they can’t scam with crypto coins.

    • Gnubyte@lemdit.comEnglish
      102·
      1 year ago

      Because it fucking gaslighting. I remember having this WTF moment when I was reading the O’Reilly Ethereum programming book.

      If web 2 was html 5 and css3, how does a protocol that relies solely on money being transacted make the basis of web3?

      This sounds exactly like a VC plot. “There will be money exchanged on every transaction”. I bet they lost their minds in the pitch room when they heard it.

    • qaz@lemmy.worldOP
      7·
      1 year ago

      VC’s are where the hype is, all those AI companies will disappear too when the AI hype dies.

      • regalia@literature.cafe
        7·
        1 year ago

        And that’s the circle of silicon valley. AI with last longer though, it has actual practical applications and already is generating a ton of money. It’ll start to die down once more people realize that its hallucinations kill a lot of its applications, which we’ll need another technology breakthrough for that. It’s a problem that’s possible to solve though. I just hope for the collapse of OpenAI.

        • qaz@lemmy.worldOP
          5·
          1 year ago

          Certainly, that’s why I said AI hype. Machine learning is already invaluable in many fields. Its ability to generate new content, is certainly not flawless, but already has some uses. I just hope that the hype dies down and companies stop putting pointless and flawed AI integration in their products to please investors.

  • The dogspaw @midwest.socialEnglish
    294·
    1 year ago

    Don’t forget about nfts there the future man they can’t be replicated man where can you spend 100k and by the end of the week your investment is worh $3.50

      • kautau@lemmy.world
        222·
        1 year ago

        The JPEG isn’t even on the blockchain for the majority of NFTs. It’s just a URL to a JPEG on a server someone else owns. If they take down the server, sell it, it gets hacked, the url scheme changes, etc someone is now the proud owner of a broken link lol

        • nao@sh.itjust.worksEnglish
          41·
          1 year ago

          It’s just a URL

          If that’s the case it makes it even more surprising anyone would see any value in that.

      • The dogspaw @midwest.socialEnglish
        175·
        1 year ago

        Its not a jpeg man its an nft it uses blockchain man it can’t be replicated its totally the future now let me plug in 50 gpus I got to start mining

        • Somerefriedbeans@lemmy.ca
          512·
          1 year ago

          Its not a jpeg man its an nft it uses blockchain man it can’t be replicated its totally the future

          It’s funny you say this because in the near future once blockchain usage becomes more mainstream, you’re going to see NFT tech used for things like concert tickets, sporting events, movie tickets etc… because they can’t be counterfeited and produced at a fraction of the cost of traditional tickets. As long as the NFT sits in your crypto wallet, you’re granted access to the event.

          People tend to forget how much the original web was plagued with scams and such, or maybe some are too young to even know much about it… Crypto is new and will take some time before it matures. But I believe decentralization is the future and is one of the reasons I’m on Lemmy.

          • msage@programming.dev
            123·
            1 year ago

            I dislike this take to much.

            First of all, crypto doesn’t protect you from scams, just look around you.

            If you get ‘one true crypto’, you get locked in by its architecture, and there’s always someone who controls said architecture. The chain is decentralized, but the core is not.

            Also, tickets are controlled almost exclusively by a central authority, which owns the venues, so there is no way in hell they will let you keep a ledger of every purchase of every ticket. It’s better for them to keep it concealed.

            There is so much bullshit in the crypto hype, it’s almost funny.

            If you want to put crypto anywhere, do the stock market first, and then get back to me.

            • Somerefriedbeans@lemmy.ca
              53·
              1 year ago

              I never claimed made a claim that it protected you from scams. I said it can’t be counterfeited.

              I really don’t want a “one true crypto”. I think different blockchains can serve different purposes.

              And as far as ticketing goes, yes the centralized authority (let’s say Disney for example) would set a max amount of tickets (nfts) to be sold/minted and they would be distributed to wallets as they are sold. Nobody else would have a way to alter or counterfeit fake tickets.

              I can totally understand all the hate for crypto though. I mean… I’m a gamer and bought my graphics card during the peak of crypto mining. Was I happy? Hell no. I had a deep hate for crypto at the time… But I decided to dig deeper into what the rage was about. Using actual crypto wallets and interacting with Dapps was quite eye opening to what the future web could be like.

              But I’m also with you that crypto needs some form of regulation, but imo crypto and stocks are not the same. If anything NFTs would be more like stocks/shares.

              One of the biggest hurdles, like you’ve mentioned, is that a good portion of the space is full of ponzis/scams. But there are a handful out there who truly care and are trying to pave the way and build up a new way to interact with others. I assure you there’s more to it than just scams and jpeg trading. It can be pretty neat when you see what’s possible.

              Sorry to take up so much of your time with my second ramble but you raised some good points. Cheers

              • ZodiacSF1969@sh.itjust.works
                51·
                1 year ago

                I said it can’t be counterfeited.

                Lmao how big a problem are counterfeit tickets? Because Ticketek seems pretty happy with what they are currently doing.

                Sorry to burst your bubble but crypto & NFTs are never going mainstream. They are already past the peak, and failed spectacularly.

                • Somerefriedbeans@lemmy.ca
                  31·
                  1 year ago

                  Never said it was a problem… Just saying its a better solution. That’s okay though… Saving this comment and will tag you during the next crypto bull run when the hype is back 😘

              • msage@programming.dev
                2·
                1 year ago

                You need to teach people how to verify that their purchase for not counterfeited. Since the bar is not techological, and never will be.

                We had way back when a ‘web of trust’, that actually solved a lot more problems than crypto ever did. But people never understood it, so it never got mainstream adoption.

                If you don’t know a thing about stock market then it makes sense you could suggest NFTs for it, but you can actually divide shares into fractions.

                • Somerefriedbeans@lemmy.ca
                  21·
                  1 year ago

                  I merely use nfts as an example because they are closer to what a stock would be than a coin itself. They are not the same though. I was not making that claim.

            • Somerefriedbeans@lemmy.ca
              42·
              1 year ago

              Totally fair. I just see at as one of the many uses that are possible. Let’s day you couldn’t make it to an event and wanted to sell your ticket. It would be pretty easy to get the other users wallet address and make the exchange. Also, not all blockchains have high transaction fees. On the Solana network, for example, you can make the exchange for a fraction of a cent. It would cost you roughly. $0.0021 to make the trade.

              • pseudonym@monyet.cc
                2·
                1 year ago

                I’m curious about this use case. It actually sounds pretty convenient, but it also sounds like a wet dream for scalpers since it makes it so easy to buy a bunch and resell for insane prices. On one hand, the price someone is willing to pay is the true value, so you could argue that the original seller wasn’t charging enough. But on the other hand, if scalpers buy up all the supply then they’re artificially increasing the price. I don’t really know anything about economics, I’m just guessing.

                In the traditional world of tickets, you could hypothetically prevent reselling by tying a ticket to a person’s id (not that anybody does this, but you could). But in the nft world you described where you can resell your ticket, is there any solution to prevent scalping?

                • Somerefriedbeans@lemmy.ca
                  31·
                  1 year ago

                  Honestly, right now it’s like the wild west. The markets need a form of regulation. For that reason, I’d never recommend anyone get into nft trading without some serious research put into it. But as the space evolves, there will likely be thing put in place to solve this issue.

                  Also wanted to say I also very much appreciate your response. Most here have decided to attack me instead of actually holding an intellectual conversation. Hope you have a great day!

                • NecroSocial@lemmy.world
                  1·
                  1 year ago

                  …is there any solution to prevent scalping?

                  Built-in price ceiling and verifiability. Resales could be limited or completely forbidden as well.

          • nickwitha_k (he/him)@lemmy.sdf.org
            11·
            1 year ago

            Crypto isn’t new. Bitcoin’s initial release was in 2009. Two versions of MS Windows have been released and EOL’d since then. Five Star Wars films have been written, filmed and released since then. Intel released all 13 generations of their Core i# processors since then.

            • Somerefriedbeans@lemmy.ca
              1·
              1 year ago

              Allow me to clarify… Crypto itself isn’t new… But the way in which we interact with it is new. All sorts of platforms, metaverses, etc… are still being developed through the bear market. These things take time to develop. Also, crypto usage is not exactly used by everyone right now, so I respectfully disagree with you.

    • Kecessa@sh.itjust.works
      106·
      1 year ago

      NFTs weren’t created to be the proof of ownership of digital art, they just happen to be associated with that because that’s what the majority of them were created for.

      The NFT isn’t the art that can be copy-pasted to any computer, it’s the proof of ownership. Criticizing them by saying “I can just download a copy of the picture!” is like saying copyrights are useless because you can use tools to rip movies from streaming services, sure you “own a copy”, it doesn’t make you a rightful owner of it from the perspective of the law.

      • qaz@lemmy.worldOP
        141·
        1 year ago

        NFT’s also don’t implicitly make you the rightfull owner. The basketball NFT’s content still explicitly belongs to the seller. The only true way for NFT’s to work for digital content is to have a contract that specifically states that the NFT proves ownership, but you might as well write it directly in the contract at that point.

        • Somerefriedbeans@lemmy.ca
          44·
          1 year ago

          This specifically depends on the project producing the NFTs. Some grant full ownership while some do not.

          • dsemy@lemm.eeEnglish
            81·
            1 year ago

            That’s his point - NFTs don’t actually solve any problem here, they just add an extra step.

            • Somerefriedbeans@lemmy.ca
              23·
              1 year ago

              I fail to understand your point. What extra step? You either get ownership or you don’t based on the asset you’ve acquired. NFTs don’t have alto be a once size fits all kind of thing. You are just oversimplifying it. The same can work for physical objects that you purchase. Vehicle manufacturers make it to where you can’t service your own vehicle sometimes because of special tools needed… So do you really own it? Hmmmm

              • dsemy@lemm.eeEnglish
                51·
                1 year ago

                I buy a picture from you, I get a receipt proving I bought it.

                I buy a picture from you on an NFT marketplace, I get an NFT proving I bought it.

                What value does an NFT provide in this case? I guess it provides a better proof of the purchase but that hardly seems worth the effort of setting up a wallet and acquiring crypto (for the average person at least). Not to mention the seller also needs to do these things, and I fail to see how he will benefit in this case.

                Maybe in a hypothetical world where everyone uses crypto this will make more sense.

                • Somerefriedbeans@lemmy.ca
                  2·
                  1 year ago

                  I’ll just use a small example… Let’s say you have an NFT for a online casino project. Simply holding the nft in your wallet will give you a weekly payout (certain percentage of profits for that week/month)

                  I use this example because nfts can have many different uses. Another would be gated communities/gated access to online services. Hope that helps it make sense a little

                • NecroSocial@lemmy.world
                  1·
                  1 year ago

                  I buy a picture from you on an NFT marketplace, I get an NFT proving I bought it. What value does an NFT provide in this case?

                  In this case, assuming you’re a trader in this example, you’d be banking on whatever art you purchased to gain further value so you can then sell your certificate of ownership and make a profit. This is no different than art sales/trades IRL. Here’s an art gallery owner discussing using NFTs as certificates of ownership for real world art sales and the added benefits over traditional COOs.

        • NecroSocial@lemmy.world
          11·
          1 year ago

          The intrinsic value of any art is what someone is willing to pay for it.

          For example the world’s most expensive NFT, The Merge by Pak, sold for $91.8 million. Its price was higher than the sale of Jeff Koon’s Rabbit, the most expensive artwork by a living artist at auction. It’s all about personal tastes and how deep folks wanna dig in their pockets with this stuff.

  • WolfhoundRO@lemmy.world
    223·
    1 year ago

    I would see that crypto and blockchain scam as more like the last breath of Web2, given the monetization thing

    • AeonFelis@lemmy.world
      252·
      1 year ago

      No. Web2 is about user generated content (as opposed to the static pages of Web1) - crapto stuff hardly fits the bill. Like it or not, it really does belong to Web3 - which is about decentralization.

    • wildbus8979@sh.itjust.works
      2·
      1 year ago

      The web was always decentralized though. In fact Web 3 brought more centralization. Everything is in the cloud now, which is really just two or three main data center operators. That’s my techno luddite take.

  • MrSlicer@lemmy.world
    9·
    1 year ago

    Federation was we 1.0 people forget all major chatting services used to be integrated. You could have a yahoo im show up on your aim chatbox.