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RE: What Is Web 3.0?

in LeoFinance2 years ago (edited)

Opinion:

I've been game theorizing web3 scenarios a lot over the last year. It is my honest prediction that any web3 platform that becomes too big, will already be forking in the background and breaks apart inevitably sooner than later. That is how power centers dissolve themselves in nature if left alone, they break apart from the inside and redistribute.

It's almost universally poetic to me. Small big bangs every time the mass becomes too big - or potentially corrupt. Literally "potentially", like the potential energy a body can have considering gravity. For example, Facebook had to be able to destroy their competition in order to do so, to sweep the ground by buying competitors and assimilating their users before closing them for good. But first, they needed critical mass and at that point forking and rebuilding would have also made a lot of financial sense. Forcing the old power-centers to buy in over and over again while draining them. That's how it's going to be.

Too big to fail becomes, too big not to fail.

To round it up, the most important feature of web3 is Open-FreakiN-Source software. As soon as you run some private code, your web3 call is dead in the water to me, you're back to web2.5, utilizing blockchain tech or not.