Web3 is here and it's glorious

Nice meme but pls
- Maybe same text just laforge format. Fediverce is star trek.

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?
- Time for Web4
  
  I suggest forking Web3 into at least three competing things
  
  Just do what USB does and call it "Web 3 v2"
  
  Web69
- "Web x" is dumb marketing speak. It exists because people who use the phrase can't intelligently talk about the actual underlying technology.
  
  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.
  
  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.
- also Web 3.0 was already a thing (semantic web), cryptobros just stole the term.
  https://en.m.wikipedia.org/wiki/Semantic_Web
  
  Which is pretty much what activitypub is a part of.
- Or perhaps Web 3.1. But seriously, I would call it the Federated Web.
  
  Web 3.1 for Workgroups?
  
  The FedWeb
  
  It's not a bad idea but federated is the term they're using to tell everybody not to get off reddit because it's too confusing.
  I think whatever name you give it they're going to try to sell it as being too confusing.
  You could call it distributed web but they'll taint that as soon as you stick it in front of them
- 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.
- Web3 usually means it's decentralized. So yes, in most cases it's cryptocurrencies
  
  But most cryptocurrencies aren't decentralized!
- Web 3.0 was the semantic web.
- Web Cubed
- How about Fweb or Feb?
- I mean... We are getting to a point where die off of a good chunk of the World-Wide Web due to bad actors and drying-up ad revenue isn't implausible. The Web is only one part of the Internet.
- 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.
  
  "Is not about the technology, it's about the money."
- Bro how you going to insult a whole instance
  Edit: oh I see why, you're butt hurt about getting defederated.

but how do I give someone .0045 cents for no apparent reason??
- Don't forget the 40 dollar transaction fee
  
  The only people that think this is correct are ones that learned about crypto 5 years ago and never thought to update their information. The lightning network allows for tiny bitcoin transactions with sub one cent transaction fees. In addition to that, the transactions happen in less than a second.
  
  Monero transaction fees goes brrrrrrrrrrr
- GNU Taler. Ah, question was rhetorical :)
  
  Really wish Taler to be available for use in the first country.

I also think IPFS (non filecoin version) could prove useful in the future as well.
- 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.
- What's IPFS in layman's terms? The Wikipedia is hard for me to follow lol
  
  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.
  
  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)
- IPFS is great, but also so difficult to get it right
- Agreed, I'm building a p2p search engine for it
- 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.

Noooooooooo, you can't like things that can evade stupid and needless monetization!

it's insulting to consider cryptocurrency or blockchain as any kind of next generation thing
- Until it comes tax season and you're not rich to hide it
- ... keep being insulted by reality, then?
  
  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
- 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.
  
  Your corrupt politicians can't pry my cryptocurrency out of me even if they wanted to.
  All they need is a $5 wrench lol
  
  I ain't reading allat
  
  I feel like maybe you could have been more hostile. Why dont you try again, and really let it out this time!
  
  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!

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

Look at me is federated and decentralized
I am the web3 now

I call it web3.0++ its web3.0 after the concussion wore off.
- Web 3.1, this time with realistic use cases!
  
  I'm gonna wait for Web 3.11 For Workgroups.
  
  Nah, we renamed Web 3.0 to Web 3.2 Gen 1 to be less confusing, you're thinking of Web 3.2 Gen 2.
  
  Or web 3.0 minus. As in minus that libertarian bullshit.

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
- Where you spend 100k for a JPEG
  
  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
  
  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
- 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.
  
  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.
  
  But there worthless because digital art is intrinsically less valuable than real art

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

Now that's a definition I can get behind.

- 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.

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.
- Holy cow
- Wait until you hear about XMPP (and it's bridges).

The problem is, you cant pay with that lol
- Why pay?
  
  Electricity costs money unfortunately

what if web3 is anonymous overlay networks like Tor hidden services? It a completely new concept to internet itself, and if directly implemented on hardware it will be true Web3
- Why would you need to implement it directly on the hardware? Wouldn't that hurt adoption? Something like Veilid seems like a way better option to me. It's just a shame the documentation is so lacking (last time I checked).

I've been calling it web 1.5. It feels a lot like the web before web 2.0, but leverages improvements in technology and knowledge since then

Hadn't thought about it this way. Good meme.

give it some time and there will be crypto based instance. I think both technologies can coexist.
- There already is monero.town which is an instance centered around Monero.

d future is s0 fucken briht, bradas sistas.

If Federation/Decentralization could be combined with decentralized crypto currency payments through something like Monero in a way that is not a scam, it would actually be great. We need some kind of monetization model for the Federated Web, and crypto currencies are actually great for that purpose but so far all implementations of this haven't really worked or were just a scam.
- Why are Miners a problem? You need people who mine the crypto and then sell it to you, cryptos with a pre-mined supply are garbage. The problem is not with the miners, cryptos like BTC or ETH that can be mined with ASICs are the root of the problem. The only crypto currency I consider legitimate is Monero (XMR) because its RandomX algorithm makes it resistant to ASICs and GPUs. It is meant to be mined with a CPU, and only CPU-mining is efficient and economically viable. (Although in the Monero community, we don't mine Monero for the money, we do it to support the decentralized system) XMR has the core idea that 1 CPU = 1 vote on the blockchain. Everyone has a device with a CPU, thus everyone can mine. ASIC-powered mining farms in China (which are often the ASIC factories themselves) don't have an advantage over regular users, as it should be.

- Blockchain is stupid and cryptocurrency is a scam.
  
  Blockchain and cryptocurrencies are pretty cool from just a technology perspective. At university I studied a lot of math and cryptography and that happened to be at the same time that Bitcoin became a thing. It could have some real applications, but scammers and cryptobros ruined it for everyone and now I can't even say I find crypto (meaning cryptography) cool without seeming like an asshat.
  
  Well, I guess I just used a „scam“ to pay for my VPN subscription. Later today, I will use another „scam“ to pay for my email service. Tomorrow I will use a „scam“ to pay for a VPS. Some day, I might use a „scam“ to rent a seedbox. So unfortunate that your so called „scam“ is actually usable to make payments online. In fact, those „scam“ payments are in some cases better, then‚ using a absolutely trustworthy credit card issued by a definitely trusted a reliable bank. Because banks never collapse and they never scam their customers. Such trustworthy multi-billion dollar corporations, I really don’t see a reason to distrust them. Depending on which “scam” you use, your payments are actually anonymous, just like cash. But the government and your bank don’t want you to use cash, because that way, they can’t track all of your transactions. They hand you a credit card, and they advertise it to you, and you actually start thinking that it is supposed to help you, while in reality it makes you a slave to the corporate and government-lead surveillance system. Fuck credit cards, fuck banks and payment providers, fuck central banks and governments. Use Monero and stay anonymous.