this post was submitted on 12 Jun 2023
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I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"

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[โ€“] Hyperslob 21 points 1 year ago (3 children)

I'm enjoying the lemmy.world experience, and I believe decentralised social networking could be the future. I am a refugee from Reddit and hopeful there is hope for a open, community focused platform.

As for this platform, I am apprehensive about somebody running the server I have my account with having the power to remove my account and my posts, but I guess this is true of any network in existence.

My concern in the long run is who pays for the hardware and energy costs even if it is federated. Without some kind of reliable funding model who will pay the bills?

Hopeful for many enjoyable encounters in the Fediverse.

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[โ€“] WhoRoger 20 points 1 year ago (3 children)

Wasn't web3 about everything being under control of a handful of mega corps that own everything? So more like web4 then.

[โ€“] [email protected] 16 points 1 year ago (3 children)
[โ€“] [email protected] 13 points 1 year ago (1 children)
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[โ€“] [email protected] 19 points 1 year ago

The crypto side of web3 definitely felt way more "consumerist minded" with the way wallets were able to connect to multiple websites(exchanges) in order to "buy" things(alt/shitcoins). But federated social media feels like a much better use of decentralization so far.

[โ€“] D3F4U1T_ARS 18 points 1 year ago

Yeah I feel the same too. And I think decentralization is the only way to web3.

Distributed networks are very very complex to make. But decentralized networks have the simplicity and features of centralized networks with the addition of freedom that distributed networks give.

The best of both worlds really.

[โ€“] ndr 17 points 1 year ago (7 children)

I do not like using Web3 to refer to federated platforms. Indeed, Web3 is strongly associated with blockchains, cryptocurrencies and NFTs.

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[โ€“] [email protected] 16 points 1 year ago
[โ€“] _number8_ 16 points 1 year ago

yeah, i love this new paradigm. i don't understand it but i hope it'll lead to a better experience with cool usability features later on. hopefully a good buffer against evil & suits & etc

i love how post URLs have numbers now. you can get dubs and trips!

[โ€“] BCas 13 points 1 year ago

I think we as users defining the future of the web would be a great outcome. Here's to the start of a long project.

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