Twitter’s founder admits that shutting down the API was “worst thing we did”
There's so much talk about web3 - it's a bit overwhelming - and almost feels a bit toxic by all the people shilling it without any actual proof (in the form of new products or services).<p>I have yet to see any product or service that actually leverages "web 3 technologies" - whatever that means to you - to create something that can't be done with web 2 or that is either marginally or substantially better.<p>This doesn't mean they don't exist. Rather, I don't even conceptually understand what a service built on "web 3" technologies would accomplish that is distinct from what we have today with web 2 technology.<p>Does anyone have examples beyond crypto currencies as an investment and NFTs - which is just digital art?<p>Fundamentally, many of Web 2.0 is distributed, FB, AWS, Google and most tech companies all do massive amounts of working in creating distributed systems - distributed databases, distributed serverless infrastructure, CDNs etc.<p>The "centralization" is that there are companies that operate these services.<p>Is the goal of Web 3 to not have companies but have individuals' machines running these?<p>I certainly don't want my personal computer, phone, Alexa etc running and supporting someone else's "decentralized application".<p>What is the goal of web 3? I haven't seen any articulate answer that clarifies this question in any meaningful way. I'm hoping someone here can shed some light for me.<p>ETA: The only interesting use case I can think of is to simplify transfer of ownership of digital assets - ebooks, video games etc. Maybe blockchain would be good at simplifying lending of these digital assets between friends, stores, etc without the need for DRM?<p>I'd explicitly include TV, movies, and music but very few people purchase these 3 categories since streaming came along.