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RE: Why Hive ISN'T Web3.

in LeoFinance3 years ago

The only thing that that the web of 2000 lacked was an adequate funding mechanism. People were building phenomenal decentralized applications, but there was no way to fund the projects. A huge amount of capital flowed into the creation of web sites, but all of the efforts to actually make money from the web sites, they were all dot-bombs and money losers ... leading to the dot com crash.

The term Web 2.0 was coined in 2004 by O'Reilly Media to sell a series of conferences that started in 2004. There was no new technology.

Yes, there was a browser war that put Internet Explorer out of business, but no new technology.

The term Web 2.0 was really is associated with market consolidation.

Cryptocurrency has created a mechanism that might be able to fund independent web sites. Cryptocurrency will probably become highly centralized.

But I agree completely with your premise that the progression from web1.0 thru web2.0 to web3.0 is a lie. Pushing such lies is likely to undermine efforts to create a decentralized internet.

!pizza