34

Jack Dorsey's TBD Announces Web3 Competitor: Web5 - Slashdot

 2 years ago
source link: https://tech.slashdot.org/story/22/06/11/0125221/jack-dorseys-tbd-announces-web3-competitor-web5
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
neoserver,ios ssh client

Jack Dorsey's TBD Announces Web3 Competitor: Web5

Do you develop on GitHub? You can keep using GitHub but automatically sync your GitHub releases to SourceForge quickly and easily with this tool so your projects have a backup location, and get your project in front of SourceForge's nearly 30 million monthly users. It takes less than a minute. Get new users downloading your project releases today!
×

Jack Dorsey's TBD Announces Web3 Competitor: Web5 (coindesk.com) 54

Posted by msmash

on Friday June 10, 2022 @09:25PM from the how-about-that dept.

Jack Dorsey's beef with Web3 has never been a secret. In his view, Web 3 -- blockchain boosters' dream of a censorship resistant, privacy-focused internet of the future -- has become just as problematic as the Web2 which preceded it. Now, he's out with an alternative. From a report: At CoinDesk's Consensus Festival here in Austin, TBD -- the bitcoin-focused subsidiary of Dorsey's Block (SQ) -- announced its new vision for a decentralized internet layer on Friday. Its name? Web5. TBD explained its pitch for Web5 in a statement shared with CoinDesk: "Identity and personal data have become the property of third parties. Web5 brings decentralized identity and data storage to individual's applications. It lets devs focus on creating delightful user experiences, while returning ownership of data and identity to individuals." While the new project from TBD was announced Friday, it is still under open-source development and does not have an official release date. A play on the Web3 moniker embraced in other corners of the blockchain space, Web5 is built on the idea that incumbent "decentralized internet" contenders are going about things the wrong way. Appearing at a Consensus panel clad in a black and bitcoin-yellow track suit emblazoned with the numeral 5, TBD lead Mike Brock explained that Web5 -- in addition to being "two better than Web3" -- would beat out incumbent models by abandoning their blockchain-centric approaches to a censorship free, identity-focused web experience. "This is really a conversation about what technologies are built to purpose, and I don't think that renting block space, in all cases, is a really good idea for decentralized applications," Brock said. He continued: "I think what we're pushing forward with Web5 -- and I admit it's a provocative challenge to a lot of the assumptions about what it means to decentralize the internet -- really actually is back to basics. We already have technologies that effectively decentralize. I mean, bittorrent exists, Tor exists, [etc]." The full presentation is here.

The standard problems with these types of arrangements is that hierarchical structures cannot abide a lack of control (already seen how Web 1.0 was essentially legislated/corporatized into oblivion).

New technologies are great and all, but unless there is a corresponding societal change, it amounts to a countdown before they are commodified.

And if there is a societal change, there is no need for Web 5.

  • Actually, I think the Internet being a steaming pile of influences and manipulations is catching up to it. What would you rate the value added to your life from average two hours studying anything from books from Amazon to average two hours online? The Internet should be 100 times better than the old information tech, but the downsides are actually making it worse. I think its past time to reimagine it.

    • Re:

      Had this discussion with someone else regarding the web, and I tend to fall back on the McLuhan observation that "improvement" from any new technology is more having more options on how to disperse the downsides (the information is unchanged), which new technology definitely plays a role in.

      My conclusion then was the web was less a communication technology as much as commerce technology now.

      And those factors that made the change remain in play (and are in fact amplified).

    • As someone who parented a kid through the Pandemic, I have to disagree. You can pick up skills through YouTube alone, from game design and modding to through-hole soldering to how to make the perfect mashed potatoes, that would have required paid classes or expensive (and already-outdated) textbooks two decades ago.

      Yes, this did come at a cost--nothing short of the collapse of democracy and possibly society as a whole--but you really can't claim that an internet where you can, with a few gestures, pull up a video that will show you how to replace a flat tire, while you're stranded on the side of the road (and also suggest to you three local tow services and five mechanics), is less useful than the days when you had to interrupt scrolling through Lycos search results so that your mom could make a phone call.
      • Re:

        I do agree on that. And in addition, you get comments and reviews that, if you know how to read them, give you an additional idea as to the quality of the content.

        There is a limit though: You cannot learn things that require deeper insights that way unless you are on of the rare people that can teach themselves. I tend to think these coincides with independent thinkers (that can also fact-check, unlike most people) and hence will only be 10...15% of the population or so. So for some things getting an actual

        • Re:

          I don't think self-teaching is innately rare. It is the default mind and skillset among the poor/rural communities even if they are for a number of reasons focused on more immediate needs for those skills.

          Still there are definitely things which require experience and those tend to be more efficiently transferred with the guide. Usually the roadblocks are small pieces here and there. Perhaps that is the best blend, a self-learner combined with a mentor they can reach out to.
        • *You cannot learn things that require deeper insights that way unless you are on of the rare people that can teach themselves*

          That is exactly the thing. I am one of the people who can self teach, but in a quiet place with a book. It takes a much higher level of focus to do it with a million ads and distractions all honed to get your attention for higher views.

      • Re:

        It comes at a price though. Video is really only a good medium for a superficial level of focus and complexity. The rise of youtube instruction has been great but the decline of textual resources that has coincided with it is depressing sometimes.
    • Re:

      Ironically (given the OP), you probably get negtive utility from web 2.0. The good old original is pretty good, how good depending more on you than it.

    • Court cases livestreamed over the internet have allowed one to see the complete and total mismatch with reality and what the media portrays as such in real-time, and accompanying lawyer panels during them give insight into pedal minutia. Unfortunately federal cases are not livestreamed, so cases like the Maxwell trial or Michigan "kidnapping" case were not available.

  • Re:

    "And if there is a societal change, there is no need for Web 5."

    I disagree with this. No matter how society changes human nature isn't going to change with it. There will never come a time when all people are trustworthy, it will forever remain that most people are usually honest in most ways. Social change can shift the ways around but that is it.

    The most sound strategies are and always will be strategies that assume no trust.

    I'm not specifically supporting THIS proposal and web 5 (or opposing) but somethi

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK