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1. Embed this notice
   Sick Sun (sun@shitposter.world)'s status on Wednesday, 07-Aug-2024 21:14:30 JST Sick Sun
   So Web5 doesn't have blockchain at all, and by extension does not have smart contracts or the ability to do trustless computation. In other words almost worthless and the name is very deceptive.
   • Embed this notice
     Sick Sun (sun@shitposter.world)'s status on Wednesday, 07-Aug-2024 21:15:58 JST Sick Sun

     in reply to
     I am not wedded to blockchain or smart contracts but one of the critical components of web3 decentralization is the ability for applications to execute code trustlessly and this cannot do that.
     Haelwenn /элвэн/ :triskell: likes this.
   • Embed this notice
     Sick Sun (sun@shitposter.world)'s status on Wednesday, 07-Aug-2024 21:25:56 JST Sick Sun

     in reply to

     • hirohito
     @hiro there are multiple scams named web4 already
   • Embed this notice
     hirohito (hiro@mstdn.starnix.network)'s status on Wednesday, 07-Aug-2024 21:25:57 JST hirohito

     in reply to

     @sun the fuck happened to web 4? did we skip that like IPv5?

   • Embed this notice
     tyil (tyil@fedi.tyil.nl)'s status on Monday, 12-Aug-2024 21:42:27 JST tyil

     in reply to

     @sun@shitposter.world
     https://developer.tbd.website/projects/web5/Chat on DiscordGarbage detected

     Sick Sun likes this.
   • Embed this notice
     Hyolobrika (hyolobrika@social.fbxl.net)'s status on Monday, 12-Aug-2024 21:52:41 JST Hyolobrika

     in reply to

     @sun You might find the new Freenet interesting.

     Sick Sun likes this.
   • Embed this notice
     Sick Sun (sun@shitposter.world)'s status on Monday, 12-Aug-2024 22:04:33 JST Sick Sun

     in reply to

     • tyil
     @tyil I actually abandoned this project already anyway because it doesn't have any blockchain and thus no way to run code trustlessly. it's not better than web3 at all.
   • Embed this notice
     Sick Sun (sun@shitposter.world)'s status on Monday, 12-Aug-2024 23:11:48 JST Sick Sun

     in reply to

     • tyil
     @tyil I was hoping their project would be just a drop of blockchain for the small subset of things only that tech can do, rather than some stuff that tries to stick everything on the blockchain, which I agree is wasteful and stupid.
   • Embed this notice
     tyil (tyil@fedi.tyil.nl)'s status on Monday, 12-Aug-2024 23:11:51 JST tyil

     in reply to

     @sun@shitposter.world I like not having blockchains, blockchain "technology" is a meme looking for a problem it can (expensively) solve. But I generally like the web to be a bit more static. Rather than looking for ways to make code more trustworthy, I'd rather just not have random code running at all. The irony is that I'm using #MissKey as my #Fediverse client :^)

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     BeAware :fediverse: (beaware@social.beaware.live)'s status on Monday, 12-Aug-2024 23:53:40 JST BeAware :fediverse:

     in reply to

     • tyil

     @tyil it's solving the problem of financial trust. I don't need to trust anyone with crypto, it's there, nobody can take it away from me.

     If I have too much money in a bank and the bank goes under, I'm fucked.