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"

you are viewing a single comment's thread
view the rest of the comments

[–] ndr@lemmy.world 17 points 1 year ago (3 children)

I do not like using Web3 to refer to federated platforms. Indeed, Web3 is strongly associated with blockchains, cryptocurrencies and NFTs.

[–] wheels@lemmy.world 10 points 1 year ago

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!

[–] totallynotsocsa@beehaw.org 6 points 1 year ago

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.

[–] marksson@sopuli.xyz 3 points 1 year ago (1 children)

As much as I'm interested in crypto I hate the bizarre idea of nfts. I'm glad they all but died out already.

[–] ndr@lemmy.world 5 points 1 year ago (1 children)

I still have to come across one situation in which NFTs would be better than what we currently use.

[–] purplepony@lemmy.world 7 points 1 year ago (1 children)

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.

[–] Mimo@discuss.tchncs.de 2 points 1 year ago (1 children)

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

[–] purplepony@lemmy.world 2 points 1 year ago

Exactly. A decentralized reference to a centralized server isn't decentralized.