- What is the Web? -
-- Why Web3 matters -
-- Web3 often gets mixed up with other terms/buzz words such as "crypto" or - "defi". However, the current web you use now is often referred to insiders - as "web2". -
-- While Web3 can include many decentralized services, it symbolizes the - multiverse, or the entirety of all decentralized & P2P networks. Some may - refer to this as the "metaverse", or even "dweb", but we can agree to - disagree 😉. -
-- Having access to web3 is important so you are in control of what you are able to do. -
-+ What is the Web? +
++ Why Web3 matters +
++ Web3 often gets mixed up with other terms/buzz words such as "crypto" or + "defi". However, the current web you use now is often referred to insiders + as "web2". +
++ While Web3 can include many decentralized services, it symbolizes the + multiverse, or the entirety of all decentralized & P2P networks. Some may + refer to this as the "metaverse", or even "dweb", but we can agree to + disagree 😉. +
++ Having access to web3 is important so you are in control of what you are able to do. +
+Web3's Current Path
- -Web1
Nostalgically recalled for chat rooms and IRC by tech enthusiasts, @@ -31,14 +31,14 @@ import meme4Small from "/src/assets/meme-4-small.png"; web access, email, shopping, and chat for mainstream users.
-Web2
Featuring improved gaming, online apps, and video streaming, was @@ -48,19 +48,19 @@ import meme4Small from "/src/assets/meme-4-small.png"; regulates your web experience, often citing "safety".
+Crypto/
DeFi
+ Crypto/
DeFi
The advent of Bitcoin sparked innovation, but over time, centralization increased. Factors such as the influx of big money, @@ -69,14 +69,14 @@ import meme4Small from "/src/assets/meme-4-small.png"; cycles.
-Web3
Web3 emerged as a buzzword to replace DeFi, but its meaning varies. @@ -86,86 +86,86 @@ import meme4Small from "/src/assets/meme-4-small.png"; to address the current imbalance.
+Web1
-- Web1 is probably best remembered by geeks as chat rooms and IRC (which - still exist to this day, but only to power users). To normal users it was - the age of AOL dial-up and similar networks where you got web, email, - shopping, and chat all in one place.. -
-Web2
-- Web2 since evolved with the web browser and we got better gaming, online - apps, video streaming and calling and much, much more. However, it also - got quickly captured by Silicon Valley and what some refer to as the "tech - bros". -
-- So despite the innovation that occurred, it has turned into a top-down - system where only a few geeks/CEO's and their investors control your entire - web. -
-- This also excludes the wider internet infrastructure of domains and ISP's - (internet providers and hosting), who also play a part in controlling your - web, be it for your "safety", or other reasons. -
-Crypto/DeFi
-- We get the birth of Bitcoin and all of the innovation that followed. While - BTC and a handful of other chains have remained decentralized both in - operation, and access, the innovation over time has caused things to - re-centralize. -
-- This is due to several factors including big money coming in, pushing - greed, hype, and "FOMO". The invention of several new logos's causing this - to only get worse, creating a classic "boom" and "bust". Human nature - tends to be greedy, so over time, money overrode principles. -
-- Many development teams prioritized inventing new ideas and "shipping" them - to users, while selling them "tokens" to exit at their expense, all while - knowing none of what they created was truly decentralized. -
-- It became one large crypto casino. -
-Web3
-- What to say about Web3? Honestly... upfront it appeared to get used as a - new buzz word to replace "DeFi". Terms like "Web3" and "Metaverse" have - many different meanings to many people. It is intended to include more - than just money and trading, and yet every blockchain-based system that - can be labeled "web3" still builds onto of the same centralized - crypto/defi infrastructure. -
-- The end result is an ecosystem that promotes and wants to be - decentralized, but where money overrules ideology, ethos, and principles. This - is in part due to who's bankrolling it all, and thus the incentives to build - make it more about the money then about freedom. -
-- There needs to be a balance here between free markets/money and public - goods/infra, and so far things are way out of wack and need to be fixed. -
-Web1
++ Web1 is probably best remembered by geeks as chat rooms and IRC (which + still exist to this day, but only to power users). To normal users it was + the age of AOL dial-up and similar networks where you got web, email, + shopping, and chat all in one place.. +
+Web2
++ Web2 since evolved with the web browser and we got better gaming, online + apps, video streaming and calling and much, much more. However, it also + got quickly captured by Silicon Valley and what some refer to as the "tech + bros". +
++ So despite the innovation that occurred, it has turned into a top-down + system where only a few geeks/CEO's and their investors control your entire + web. +
++ This also excludes the wider internet infrastructure of domains and ISP's + (internet providers and hosting), who also play a part in controlling your + web, be it for your "safety", or other reasons. +
+Crypto/DeFi
++ We get the birth of Bitcoin and all of the innovation that followed. While + BTC and a handful of other chains have remained decentralized both in + operation, and access, the innovation over time has caused things to + re-centralize. +
++ This is due to several factors including big money coming in, pushing + greed, hype, and "FOMO". The invention of several new logos's causing this + to only get worse, creating a classic "boom" and "bust". Human nature + tends to be greedy, so over time, money overrode principles. +
++ Many development teams prioritized inventing new ideas and "shipping" them + to users, while selling them "tokens" to exit at their expense, all while + knowing none of what they created was truly decentralized. +
++ It became one large crypto casino. +
+Web3
++ What to say about Web3? Honestly... upfront it appeared to get used as a + new buzz word to replace "DeFi". Terms like "Web3" and "Metaverse" have + many different meanings to many people. It is intended to include more + than just money and trading, and yet every blockchain-based system that + can be labeled "web3" still builds onto of the same centralized + crypto/defi infrastructure. +
++ The end result is an ecosystem that promotes and wants to be + decentralized, but where money overrules ideology, ethos, and principles. This + is in part due to who's bankrolling it all, and thus the incentives to build + make it more about the money then about freedom. +
++ There needs to be a balance here between free markets/money and public + goods/infra, and so far things are way out of wack and need to be fixed. +
+