However, it seems like blockchain-based technologies are to be an integral part of web3, or are there alternatives to it? Is there a way to talk about the concept without mentioning blockchain?
However, it seems like blockchain-based technologies are to be an integral part of web3, or are there alternatives to it? Is there a way to talk about the concept without mentioning blockchain?
That's why efforts like redecentralize are so important. It's more talking about objectives like privacy, censorship resistance, etc.
There are a subset of people that go, let's build with "the blockchain" for the hype and another subset that recognizes that blockchains are one of a number of tools in the arsenal of solving a problem.
Efforts like Matrix, SSB, OpenBazaar, and IPFS are all 'Web3' technologies without being on the blockchain.
If you do need to talk blockchains, two terms that likely aren't so loaded are 'smart contracts' and 'dapps' (distributed apps).
Blockchain is a very heavy technology that solves the Consensus Problem. That's amazing, but almost no real world problems except cryptocurrency has a Consensus Problem.
For almost everything else, there are much simpler, easier-to-understand and _far_ computationally lighter cryptographic solutions that aren't blockchain.
He went on and on about double spending and consensus. i asked him why anybody, even his “ico investors” would care about any of that just to play a (slow) game.
He went back into double spending and byzantium generals and using Brave for tokenized payments.
This pattern repeated with every single dapp I came across.
* It's possible to gamble even in jurisdictions that make it illegal.
* The rules are encoded and visible, the house might always win, but at least they're not cheating.
Disclaimer: I'm not pro gamblingThe former point almost certainly makes small disposable servers in a variety of jurisdictions a requirement. There might be many millions of crypto users around the world, but there are very few running their own nodes, and fewer still actively mining. Block generation is practically as monopolised as the banking system it supposedly replaces.
To the latter, I worked a cryptocurrency casino and the provably fair algorithms were implemented using the core Node.js crypto libraries and completely independent from all the blockchain nodes. The sheer frequency of by users completely rules out any chance of leveraging a smart contract or block data as a base for the RNG.