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).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.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.Does anyone have examples beyond crypto currencies as an investment and NFTs - which is just digital art?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.The "centralization" is that there are companies that operate these services.Is the goal of Web 3 to not have companies but have individuals' machines running these?I certainly don't want my personal computer, phone, Alexa etc running and supporting someone else's "decentralized application".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.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?I'd explicitly include TV, movies, and music but very few people purchase these 3 categories since streaming came along.