Wouldn’t it be cool if the rich outside of real estate helped revolutionize home building and access to home ownership in the middle of an international housing crisis instead of wasting their breath on this kiddie Monopoly money nonsense.<p>What’s Web 3.0 or 4.0? Since dorsal fin has already claimed 5.0, I am formally staking my claim on 6.0, in which I will invent a web where only dancing food may reside. TechCrunch, please write an article about me now. Place me right next to an article about Elon’s next superfluous claims about future car features.
This doesn't really tell us anything about what "Web5" actually is in terms of algorithms and protocols, or even a plan for how it might begin to achieve its stated goals.<p>Is this just more of the same old techbrother hype over nothing?
One of the things that wealthy people used to be better at was making money then fading out of the public eye. Look at Oprah or Ted Turner. Society is much kinder to those people.
I thought that one of the Hacker News commentary tenets was "Don't shit all over other peoples' work." Except if it's crypto-related? Sheesh.<p>Jack Dorsey is a pretty successful fellow. He sees centralization as a real problem, and is making an effort to solve it. Antagonize all you want, Jack Dorsey is doing.
The article was mostly buzzword salad. Unfortunately, blockchain and privacy are kind of opposite directions, it's not clear what exactly is being proposed here that's not just a repeat/rebrand of any generic "web3" product.
It's funny how big-brain techbro-types discover <i>someone else's</i> whitepaper and suddenly think they're the smartest person in the room.
If bitcoin/crypto was going to do something about centralisation, it would have by now.
Bitcoin us a great idea, but it doesn't change anything about how we organise the economy, how we write contracts, the relationships between the powerful entities, and everything else. It just a really nifty financial concept.<p>I don't see how this is different.
How would this be any better or worse than Solid?<p><a href="https://news.ycombinator.com/item?id=25989698" rel="nofollow">https://news.ycombinator.com/item?id=25989698</a>
I think his <i>ideas</i> are very needed. Whether he has the stamina to see the project through? That's another question entirely.<p>What is 'broken' about the web today? And how can web5 fix it?<p>- the internet used to be fun and playful. When I was a kid, I could just make a website and throw FTP it to some server, and blammoo, my site was online. Nowadays, those fun projects are just Facebook groups that you can only access with a FB account. How cool would it be if you could once again do your own hosting, or better yet, have a P2P hosting styled like BitTorrent [1] (so you seed, but others who viewed your content also seed for a while)?<p>- For every walled garden or platform you need to create a new account or, worse, use 'login with Google/Apple/Facebook'. How cool would it be to have a system like lnurl-auth that just works on <i>every</i> site that needs a logon? [2] And what if that username or kudos that you've amassed on one site or game could transfer over to another platform or game? One pillar of web5 is 'decentralised identity' and a recent interview on [the Kevin Rooke show](<a href="https://www.kevinrooke.com/podcasts/e45-daniel-buchner-on-building-decentralized-identity-at-block" rel="nofollow">https://www.kevinrooke.com/podcasts/e45-daniel-buchner-on-bu...</a>) gives some insight.<p>- paywalls and subscription platforms are something else that make the internet less fun. I get it. I am a "content creator" too, and yes, I need to make a living by selling some adverts or a subscription. That is "how the world works". But it doesn't have to be that way! I pay per second for some podcasts that I listen to [3] and I am dreaming of the day when every piece of content that I read/listen/watch is paid for per second without friction.<p>A detailed article about that Jack is intending to do with web5 can also be found in [this Bitcoin Magazine article](<a href="https://bitcoinmagazine.com/business/jack-dorseys-tbd-presents-bitcoin-based-decentralized-web5" rel="nofollow">https://bitcoinmagazine.com/business/jack-dorseys-tbd-presen...</a>).<p>[1] I know the IPFS tried to accomplish this, but I think that project is dead in the water. Maybe Dorsey will breathe new life into a similar system that will get enough traction?<p>[2] If you want to see the easy (magic) of LNURL-AUTH in action, yoy an log into a website like [Stacker.news](<a href="https://stacker.news/" rel="nofollow">https://stacker.news/</a>) (yes, the name is a had tip to HN). Or make it even more meta and discuss about this topic by posting a comment right here: [<a href="https://stacker.news/items/35549](https://stacker.news/items/35549)" rel="nofollow">https://stacker.news/items/35549](https://stacker.news/items...</a>.<p>[3] There are currently [over 4 million podcasts](<a href="https://podcastindex.org/stats" rel="nofollow">https://podcastindex.org/stats</a>) already using the Podcasting 2.0 Value4Value tag that gives a listener the option to pay-per-second while listening.