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Comment by jordhy | Hacker News Reader

There seems to be a huge disconnect in this community about Web3. Every day, billion dollar startups are reaching new milestones in Web3.

Tokenization and ownership are huge. Ecosystems like Stacks (https://www.stacks.co/explore/discover-apps) have hundreds of Web3 apps already running and providing value.

The value provided by Web3 is simple: now you can program property and ownership on the web.

This changes banking, finance, publishing, social media, etc. It's a huge change because users can take their data across platforms and avoid lock in. Imagine a single social profile that works across platforms (one single profile for Facebook, Twitter, Insta, etc). The possibilities are endless.

I suggest you keep digging in and make up your own mind. Don't let dismissive one liners dissuade you from learning.

Disclosure: I'm a founder of Web3 protocol called Bitfari.

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> The value provided by Web3 is simple: now you can program property and ownership on the web.

Can you please define "property and ownership", and why do you feel that's relevant?

> This changes banking, finance, publishing, social media, etc.

Does it, though?

Can you provide a single example you feel is the best showcase of web3, and point out exactly where was the value added?

Head to coinmarketcap for hundreds of disruptive web3 examples. To answer your question go to https://livepeer.com and look at a decentralized live streaming platform that provide savings today.

Also look up IPFS here https://ipfs.io - that will disrupt Amazon S3 among other services.

> Head to coinmarketcap for hundreds of disruptive web3 examples. To answer your question go to https://livepeer.com and look at a decentralized live streaming platform that provide savings today.

Sorry, that is a cheap attempt at avoiding the question.

And one which demonstrates your inability and unwillingness to even point out a single example you deem reasonable.

If you are unable to provide a single example of value being added, doesn't that mean that there is no tangible value being created?

Hand-waiving does not work.

Respectfully, I think you are an idiot. Let me explain: I've provided a single example when mentioning Livepeer below (it provides video streaming at a 95% discount). However, you chose to look over it, plus dismiss the entire trillion dollar crypto industry because you should be served the single example or answer that saves you from thinking or doing your own research. Essentially, the behavior of an idiot.

Bitcoin provides millions with a free bank account. That is the single best example of the value Web 3 provides. But you choose to avoid it. You also chose to overlook the Livepeer example, and even the entire Coinmarketcap list.

I think you should just continue looking the other way, because you just don't understand what's happening. No problem, in a decade you will.

Yes. The interoperability is a major point and is not really addressed as a Web3 benefit as much as it should be. Take the IPFS protocol. A single hash can link to a resource understood by an infinite number of distributed systems. This idea of Web3 consensus, infinite scalability is what Web3 means to me.

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