Web3
by KhunSing on Dec 09, 2021 10:06:16
The future of web technology intended to bring in a
new generation of the Internet. Based on ideas around an Internet that is
decentralized and based on
peer-to-peer technologies such as public blockchains.
web3
by Satoshi1337 on Aug 24, 2022 12:17:16
A slogan used by people
centrally printing tokens in control of various projects and networks that they are trying to portray as
decentralized without actually designing it that way, just so for profit they can trick people into thinking it's somehow a new type of web. In reality control over it is always fully
centralized making it indistinguishable from web as we know it as it still relies on trusting a central authority.
Example:
Yet again, the
central party that premined almost the entire supply of a web3 project called
Ethereum confiscates users funds, changes many rules practically
overnight, and there is 0 anyone can do about it. How embarrassing to fall for scams called web3!