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The man who invented the internet believes in decentralization. The man who invented the World Wide Web is Tim Berners-Lee.
Berners-Lee thinks we should ignore the proposals to achieve a vaguely defined form of internet.
The concept of Web3 has been greatly boosted by the belief that it is a sort of utopia where the internet is driven by Cryptocurrencies. A lot of the appeal comes from the fact that it wants to separate the internet from the corporations that control it.
Berners- Lee isn't sure. He thinks most people don't know what Web3 is.
He said at the Web Summit in Lisbon that you need to understand what the terms mean. It's a shame that the actual Web3 name was taken by the people who are doing the work with the ledger. Web3 is not the internet at all.
The main problem with Web3 is the protocols that power it. He's been working on a web that doesn't use the technology.
Berners-Lee said thatBlockchain protocols are not good for Solid. They're too public and too expensive. Cheap and private personal data stores are needed.
Do you think Web3 as a whole is good? Don't even think about paying it.
Berners-Lee said to ignore the Web3 stuff. That is not being used for Solid.
Even though Web3 has its fair share of dedicated proponents, not every tech CEO can fully support it.
Web3 seems more marketing buzzword than reality at the moment, according to Musk. Jack said that Web3 is a centralized entity with a different label.
The concept is doomed if the inventor of the world wide web can't get behind it.
Web3 was Slammed as a "Marketing Buzzword" by Musk.
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