Comment on Web 3.0 is basically a webring
Flax_vert@feddit.uk 1 week ago
What even is Web 3.0? I hear it thrown about a lot and something about blockchain which is good for storing cryptocurrencies and nfts and not much else. Maybe a blockchain could be used to decentralise DNS? Or maybe not. Don’t even know if we’d explicitly need that (although having a more tangible ownership of domain names would be cool)
How do you store and update an HTML page on a Blockchain? And if you could, why? Would it even be efficient causing everyone to update a ledger when you fix a typo?
It sounds like the type of thing made up by LinkedIn lunatics who have no idea what they’re talking about
dotslashme@infosec.pub 1 week ago
The point about decentralization is absolutely the fediverse, however my shower thought is basically the second point, where the hyped technology known as blockchain really is only something old called linked lists, which basically is an object holding a reference to the next object in a chain (linked list) or a reference to the previous and next objects in the chain (double linked list). This is essentially how webrings worked.
sxan@midwest.social 1 week ago
It’s a little more than a linked list; it also has a cryptographically verifiable hash of the block contents, based on the hash of the previous block. That’s what makes it a verifiable ledger.
One of the main reasons to use linked lists is O(1) insertions and deletions; the point of a blockchain is to foil such insertions and deletions.