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”

  • PelicanenEnglish
    3·
    2 years ago

    I don’t disagree with what you’re saying but I’d like to offer two “counterpoints” (I don’t see this as a debate but I don’t know a more fitting term)

    • Theoretically, a lot of web services are owned by companies that fold, it has happened many times in the past and will many times in the future. Centralizing through a business brings more stability since there is a more clear monetary incentive and companies are generally legally forbidden from just taking the money and running but it has happened.
    • This reminds me of the earlier days of the internet when a lot of the content was self-hosted and could vanish as soon as the owner discontinued its operation for whatever reason. I think that as this matures we’ll see more non-profits and companies enter the space which might bring a bit of stability.

    I really hope that this won’t all just fold in on itself after the hype starts to wane, and I personally don’t think it will (aside from a period of turbulence) but I have been wrong before.

    • niisyth@lemmy.caEnglish
      2·
      2 years ago

      The optimist in me really hopes for this to be true. And it makes a lot more sense vs the crypto-fuelled web3.0 dream.

      Also, folks just putting in insane hours of free work is not new considering FOSS projects and even Reddit moderation. And folks who’d like to pay just for something to exist/continue to exist, a la, Patreon.

      When you have a heavily personal stake and emotional investment, I definitely see folks paying a monthly fee to keep servers afloat and help with the admin tasks for a server. Vs paying a nebulous corporate entity which will continue to mine your data regardless of how much you pay them.