The decentralised finance club needs to make their core values poster bigger and easier to understand
We’re here in 2023 and they still forget that the core value of “not your keys not your wallet” is the equivalent of putting your cash under your mattress instead of using a bank and the complexity that comes with that is unavoidable.
You can get more people to use a mediocre product/technology by making it easy to use
People will use complex products/technologies if they are useful enough.
But these people can’t make it useful so they keep banging their head against the wall trying to make it more simple.
It is inevitable that they will try the even lazier route of deceiving people into thinking it is simple.
Nitter: https://nitter.net/evanvar/status/1699032296870015232
edit: changed title to reduce keyword matches in lemmy fediverse searches
I remember a few years ago getting all these webdev articles about web3.0 decentralised apps, and all I could think during and after reading was how fucking inefficient it all was. How insanely slow, inefficient and wasteful.
Are there any examples of web3.0 apps that actually do anything? It’s all a fucking scam, isn’t it…
flat fuckin zero
most of this shit doesn’t exist
NFTs exist
lol
just a whole bunch of cranes trying to lift themselves
listen, 99% of projects trying to make a self-lifting crane fail. but can you imagine the money you could make if you invested in the 1% that succeeded in spite of physics and common sense? send your investment to the following monero address (SEC enforcement agents do not have my permission to view this post!)
Fortune favours the brave!
(I might be paraphrasing Folding Ideas here, I’m not sure)
The developers of these apps didn’t use blockchain or crypto because they were the best way to build the app. They used blockchain and crypto because they love them and think everyone should be using them. In fact, the only reason these apps exist is to encourage people to use cryptocurrency.
So no, there are no examples.
You can extend this thinking to see how so many projects are just blockchain enthusiasts struggling with the “nothing is born on the blockchain” problem. That’s why they embrace the metaverse and also, imo, a big part of why they are open to transhumanist ideas.
Blockchain is a solution desperately in search of a problem.
It solves very real imaginary problems
I don’t think most people would consider it web3 but there’s stuff based on IPFS and related/similar projects that for example let you chat with people without need for any sort of server (technically, you need some “server” to bootstrap yourself into the network but it’s very much a small detail and you can just store a list of peers you’ve seen and hope that they’ll be enough to bootstrap you.)
The whole “web3.0” and blockchain thing is such a damned shame because it has tainted projects like IPFS by association, and IPFS (really mostly libp2p which ipfs is built on) mostly actually lives up to the hype around decentralization, at least for networking nerds.
I think my favourite example of how libp2p/ipfs can revolutionize things so far is https://hyprspace.io, one guy was able to put together a VPN that is so much nicer to use than stuff like wireguard, you just run it on every device, configure the IP you want the devices to have, and so long as they can discover each other over some connection (switching between connections is still janky sadly) It Just Works. Yeah the average person is probably bored to tears but to me that’s… magic, that’s how networking should have been for the last 20 years!
The haveno decentralized exchange looks interesting. I don’t even know if that counts as Web 3.
But even those crazy guys aren’t expecting you to attach your wallet to a web browser.
I think there are some valid options for micropayment distributed systems around social networking, message passing, especially with lots of spam in the environment. Like I’m willing to pay a fraction of money to send a message and support the network I use… like Lemmy
Like imagine if every post on Lemmy cost a fraction of the penny, and the money went to support the The hosting instance. That could be interesting.
But the vast majority of things that claim to be web3 distributed applications aren’t. They’re centralized, they just use crypto as a way to centralize the money.
PoolTogether a no loss lottery.
Essentially a savings account that enters you in daily and weekly draws to win. Prize draw is funded by the pools “interest” made in that week.
Need your savings again, pull it out and spend it… .
@beeng @Flyberius they reinvented… Premium Bonds?
Just did some reading as I’m not from UK and yes does seem like that. However does seem to me the Crypto version is a lot more transparent as you know your odds/expected APR and how many are in the pool and can be deposited/withdrawn by a click of a button, gov bonds are a bit slower and opaque in comparison. As the Crypto is just a blockchain app that does the calc with AFAIK a 1% fee, bonds from the government I don’t think they do it out of the kindness of their heart and the rate it looks is set for the whole month.
Bit strange I get down voted with no rebuttal. Seems a few people have a only 1 eye open…
I find it insane that people would expect you to connect your crypto wallet with a website. The levels of trust there are crazy.
Best practices maintaining crypto are keeping it offline, air gapped. Definitely not in the browser.
That’s what I find incredible about this community. We’re here in 2023 and they still forget that the core value of “not your keys not your wallet” is the equivalent of putting your cash under your mattress instead of using a bank. The complexity that comes with that is unavoidable. It is essential that you know you are in control of an entity that is there or is not there, and no insurance can bring it back because it is fully decentralised.
You can get more people to use a mediocre product/technology by making it easy to use
People will use complex products/technologies if they are useful enough.
These people know they can’t make it more useful so they keep banging their head against the wall trying to make it more simple.
It is inevitable that they will keep trying to deceive people into thinking it is simple.
Don’t you know, the best way to make the decentralized wave of the future, new money, money work best is to give third parties access to it and centralize it.
Nobody even knows what the fuck web 2.0 actually is. CSS? JS? SPAs? Flash? No flash? Rounded corners? Ad blocker blockers? Sevice workers? Sans serif fonts? Lack of “under construction” gifs?
Web 3.0 is inevitable, not because blockchain or machine learning shit is revolutionarily useful, but because whatever becomes popular will end up being called web 3.0 anyway.
Also annoyed at the .0 BS. Maybe it sounded cool and techy in the 90s but if the major versions are already nonsense, how the hell are you gonna have a minor one?
I never recognised web 2.0 because my first encounter with it was a PM walking up to my desk and asking if I could code in web 2.0
Web 1.0: You put some contents on the Internet and monotise people who want to read it.
Web 2.0: You put up a public forum and monotise people both contributing content and reading content.
Web 3: Cryptocurrency (the use of the World Wide Web is optional).
Web 3.0 as defined by the author of Web 1.0: Sematic Web: Everything is linked to everything else with an explanation for how they are related. Instead of learning information, we all play Six Degrees of Kevin Bacon.
I’ve been thinking about this reply for some time now, and while I think you’re being tongue-in-cheek (in which case, good sneer!), I resent this. I reject the noxious characterization of the web and its supposed generations as being defined by their method of monetization and the concept insults and saddens me.
It also doesn’t match the usual way people use phrases like “web 1[.0]” and “web 2[.0]”, which generally boils down to approximately whether a site looks more like it’s Geocities Angelfire academic homepage HTML written in Windows Notepad or like a typical Squarespace Dreamveawer Wordpress Django Drupal Framework de jour fuckness.
Monotise = monetize?
Hmm, odd. I’m already (oh god kill me) old enough to remember when because “semantic web” was a term thrown around even before web2 got to be known as web2 (and this wasn’t even that long ago)
Don’t think I’ve seen the thing of “3.0 as per author” as you mention here, link?
check it out, it’s kind of interesting as a sort of way to treat web technology like a database (and some bits feel surprisingly close to Prolog in semantics, which tracks) but it’s been pretty spectacularly unsuccessful at gaining any real adoption (which gave the cryptobros ample opportunity to hop in and parasitize the term, leading to their also spectacularly unsuccessful version of web 3). see also solid, which is an implementation of a bunch of Semantic Web ideas (and it barely works, and I’m fairly certain I remember seeing a bunch of folks quit the project all at once recently), and note that the web, semantic web, and solid are all Tim Berners-Lee projects
The Semantic Web was TBL’s Xanadu.
my god, it exactly is
“conceived the Solid project … as a way to give individual users full control over the usage of their data”
"Berners-Lee’s research team collaborated with the Qatar Computing Research Institute "
I see a potential problem.
Oic
I hadn’t actually realised it was a stolen term (although in retrospect, uh, that tracks)
At each recurrence of running into shit like this, I’m glad (and optimistic(?)) that the average coiner shitbird tended more greedy than clever, and that that by itself would help self-shorten the period of awful
(There’s still the remainder, of course, and they have to be kept watch on as usual)
I think Heydon Pickering summed it up well https://briefs.video/videos/what-is-web-3.0/
here’s a stupid meme that might explain my post
But Web3 will revolutionize the world!
… by making it that much worse with even more rent-seeking.
a delicate reminder now that @fasterandworse@awful.systems has undeleted this thread:
we know what a crypto shill looks like and we are watching
I don’t wish you work
But I will probably enjoy seeing what happens if they show up, no lies
deleted by creator
I mean they’re making a semi-valid point. If you don’t get charged for it, it’s not Web 3.0. Specifying that you’re paying for it is redundant. This is more of a dig against web3 than anything
wot?
you would give any website your credit card details just for authentication?
Coin wallet, but that’s what Web3 requires. Writing to the blockchain costs money, it doesn’t matter what you do, it costs money. If it doesn’t cost money, it can’t be Web3. Easiest way to tell if someone is just using it as a buzzword, Web3 cannot be free of charge.
Would I personally do it? Fuck no. But that’s what Web3 requires.
I pay for my VPN, mullvad, with crypto monthly. €5 a month. Is that web 3?
