Re:Web 3 Doesn't Exist
by Geee on Saturday January 08, 2022 @03:03AM
(#29849673)
I believe in decentralized web, but I don't believe in tokenization of apps. I think the tokenization aspect is throwing off everyone, and allowing greed to overpower innovation. It's possible to build decentralized apps and use Bitcoin on Lightning Network as a incentive/payment/consensus mechanism if needed. There's no need for someone to "own" the app or protocol. This model can be seen as an alternative to the VC and cryptobro-driven Web3, which Cobie is talking about. See Sphinx Chat [0] or Impervious [1] for example.
(before anyone says that Bitcoin doesn't scale to that, yes it does to millions of transactions per second with Lightning Network)
(before anyone says that Bitcoin doesn't scale to that, yes it does to millions of transactions per second with Lightning Network)
[0] https://sphinx.chat [1] https://www.impervious.ai