An engineer's observations on Web3 and its possibilities
Not going to lie, I thought and still think that the whole Web 2.0 thing was clever marketing and window dressing on top of fairly pedestrian but useful technologies. It was actually less of seismic shock than mobile first which despite being a bigger shift didn&#x27;t actually get a number.<p>As far as I&#x27;m concerned, Web3 is beyond this. It&#x27;s what happen when you let Ponzi schemers write the marketing material. I can&#x27;t for the life of me discern what&#x27;s of actual value from what is a fabrication in the pile of technologies put forward. It doesn&#x27;t help that I personally have yet to see a use for a blockchain which isn&#x27;t replicating an existing financial instrument while trying to avoid the eyes of the state.<p>I’m sure there is some good things in the middle of it all but I respect the authors of this article for having the courage to delve into the whole steaming pile. I certainly do not have it.