Don't forget distributed storage like IPFS and content management graphs like kubelt (my company).
web3 isn't all tokens and NFTs. There's a huge distributed computing piece.
The increased investment is being used to build important infra.
web3 isn't all tokens and NFTs. There's a huge distributed computing piece.
The increased investment is being used to build important infra.
I want to like IPFS but it has a lot of serious problems. It's got the same inherent problem as BitTorrent in that availability of content follows a power law distribution of popularity. Popular content is readily available but best of luck accessing anything that's not popular. It's link rot taken to the extreme.
It also has the very real limitation of the wildly asymmetric nature of consumer Internet connections. Not only do most connections have a fraction of their downstream bandwidth as upstream bandwidth but ISPs also regularly block ports and event packet types. On mobile the situation is even worse as CGNAT largely prevents devices from hosting content without reflecting off some third party.
These issues just makes the availability problems of distributed storage worse. They're also on top of other practical things like actual host availability (being powered on), how much storage is reliably available on the network, and actually recouping real costs for running nodes.
It most certainly does. But there are other options if you want decentralized storage, like SkyNet: https://siasky.net
Unfortunately the foul smell seems to be coming from the direction of ethereum.. like the devs have an incentive to keep e.g. discoverability crippled so that ethereum is less useless. shrug