A Decentralized internet is Unviable / Web 3 Developers are Clowns: Do these Opinions Hold any Salt? | HackerNoon

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A Decentralized internet is Unviable / Web 3 Developers are Clowns: Do these Opinions Hold any Salt? | HackerNoon
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'A Decentralized internet is Unviable / Web 3 Developers are Clowns: Do these Opinions Hold any Salt?' decentralizedinternet quicknode

In the beginning, God created Web 1.0 . Then Web 2.0 followed. The age of the third web is now upon us. Commonly called Web 3.0, the third web is a new variant of the web based around the concept of a decentralized internet.

As Eric said, there will be no “corporate overlord” selling your data to advertising companies. There will be no targeted ads from Google anymore. That person you just met will not show up on the People You May Know tab of your Facebook page the next day .Services that are based on the client-server model i.e centralized internet are vulnerable due to a single point of failure.

He had a lot of reasons for saying this. A lot of developers are torn on whether or not having a decentralized internet is a good thing. There are a few reasons why they they believe it might disappoint so let’s explore them.The lack of censorship on the decentralized internet works like two sides of a coin. While there are a lot of benefits to it, there is also a considerable amount of danger it could result in.

Non fungible tokens have been in existence for a few years. They started to gain a lot of traction in 2021 though as some NFTs are being sold for million of dollars on the crypto market.

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