are we doomed to repeat web2 history?

Given the history of why web1 became web2, what seems strange to me about web3 is that technologies like ethereum have been built with many of the same implicit trappings as web1. To make these technologies usable, the space is consolidating around… platforms. Again. People who will run servers for you, and iterate on the new functionality that eme... See more

History is definitely repeating itself with web3. We've already seen repeats of history in a lot of ways: projects being exploited for failing to follow what are normally the most fundamental software security practices, or people falling for fraudulent schemes that have existed for ages but have been adapted to use web3 technology. I think a lot o... See more

For a technology that’s billed as an architecture of the future, crypto is powered by a discourse that’s rooted in the past. Perhaps that’s why so few cryptocurrency-based, Web3-style projects meaningfully address big, future-facing problems. Instead, they seem to want to re-create financial structures that already exist, only with new people at th... See more

Decentralized Bottlenecks:  The vision for web3 is admirable. But Moxie set out to understand how the decentralized sausage is made in practice. He was not impressed. Moxie's first concern was that Web3 is not as decentralized as it claims. In this case, access to the basic infrastructure of web3 (the Ethereum blockchain) ends up being routed ... See more