I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars “web3”
I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars “web3”
I do not like using Web3 to refer to federated platforms. Indeed, Web3 is strongly associated with blockchains, cryptocurrencies and NFTs.
To me Web3 meant federated or p2p stuff, like Secure Scuttlebutt, way before cryptocurrency and NFTs stole the term. I think we should steal it back rather than stop using it!
Web3 has been a pretty big disappointment in that case.
Lemmy is like web 1.5 with threads. Threads which still actually need a lot of work, I might add.
As much as I’m interested in crypto I hate the bizarre idea of nfts. I’m glad they all but died out already.
I still have to come across one situation in which NFTs would be better than what we currently use.
If the data was actually stored in the blockchain, then it would have some chance of being valuable, but every NFT, except I believe Bitcoin’s newest, just stores a link in the chain which links to the image or whatever. As long as that’s the standard it’s not going to see use by anyone but scammers.
While I wouldn’t say it would make things like drawings of monkeys with different backgrounds valuable at the very least it would have made them truly decentralized instead of these [random-blockchain-company]-dependent and ICANN-dependent scams
Exactly. A decentralized reference to a centralized server isn’t decentralized.