this post was submitted on 12 Jun 2023
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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"

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[โ€“] [email protected] 52 points 1 year ago* (last edited 1 year ago) (26 children)

What we're seeing here seems more like a restoration of the architecture of pre-web Internet services, like SMTP, NNTP, or IRC.

The protocols are built on top of HTTPS and JSON as a session layer, rather than on lines of ASCII as in those classic protocols ... but the architecture looks a lot more like "a bunch of servers under independent administration, that agree to share messages with each other in a network" than like anything with the stink of blockchains on it.

[โ€“] [email protected] 5 points 1 year ago (18 children)

@kiriakos @fubo Blockchain is also a cool technology I think but I don't think it's so well suited for social networks because any node needs to store all the data so it becomes quite heavy with time. Blockchain is better suited for financial transactions which it does really well in my opinion.

[โ€“] [email protected] 0 points 1 year ago (15 children)

@kiriakos @fubo One thing I think a platform like #Peertube needs to solve, which #LBRY does (because it uses a blockchain) is the financial incentive for content creators without ads because right now you can't really make money on Peertube. On LBRY you can because it features its own currency and on #Youtube of course but this is using ads. This is one of the advantages to using a blockchain. However LBRY's torrent like protocol for sharing video data is very slow and buggy which incentives the centralisation around odysee. The idea behind the project is great but not that well in practice if they don't make the protocol faster.

[โ€“] [email protected] 12 points 1 year ago (2 children)

Plenty of creators have solved that already through platforms like patreon. It turns out that ad-supported content only works if advertisers want to advertise on your content, and large segments of media aren't "advertiser friendly".

No crypto required.

[โ€“] [email protected] 1 points 1 year ago

@lucien
Really? Just heard someone who complained about it but maybe you're right.

[โ€“] [email protected] 0 points 1 year ago (1 children)

"Crypto" has meant "encryption" since the early days of PGP.

If you mean "cryptocurrency" or "blockchain", please consider using those specific words.

[โ€“] [email protected] 7 points 1 year ago

Kinda being pedantic. It's a comment on a post about web3, responding to someone talking about a blockchain currency. Frankly, unless it's unclear enough that someone might come along and ask "what does cryptography have to do with blockchain?", I'm not sure why you feel the need to correct my usage of the word.

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