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What Is Web3? Should You Care?

42 points| bwooster | 4 years ago |spiegelmock.com

46 comments

order

dropnerd|4 years ago

you can lose half of your logins (oauth) if faang's algorithm don't like you. decentralized identities fix this for free (no-onchain transactions required)

md_|4 years ago

Indeed, but I do wonder whether most users need a single global identity anyway. FIDO keys or—gasp—passwords-per-site seem to solve the real problem most users have (which is, you know, maintaining logins).

I do think if there were strong user demand for a unified web identity (beyond email identifiers, which aren’t obviously improved by blockchain), we’d see more adoption of OIDC, including offered by IdPs who only provide that service.

Instead, the common providers are providing federated identity as a sideline—you don’t create an Apple or Facebook account because you want to be able to sign in with Facebook elsewhere on the web; you create it ‘cause you want to use Facebook’s app.

Users don’t care—or don’t understand—federated identity, so they sure as hell aren’t going to be interested in blockchain-decentralised versions.

guilhas|4 years ago

Yes we should. Very exciting time full of opportunities

If people ignore the buzzword scams, and focus on what is possible to change with these new paradigms... I am already getting FOMO

jwilber|4 years ago

Can you describe some of these possible changes?

pketh|4 years ago

web 1 and 2 promised very little and delivered a lot, web3 looks like the opposite

0xcoffee|4 years ago

I feel like web 1 & 2 was really about sharing things. Newsgroups and forums. Then videos and social media.

However 'web3' seems the opposite. Decentralization is touted as a feature, because we cannot place our trust in other people. NFT hype is all about 'claiming' ownership over something. Where is the sharing and community?

For these reasons I do not think it is something interesting.

tata71|4 years ago

This isn't going to age well.

diveanon|4 years ago

Can’t wait to see the tone of this forum change when YC starts investing in metaverse projects using web3 for auth.

dang|4 years ago

HN commenters hardly take their cues from that.