Does that mean email is web3 ๐ณ
this post was submitted on 12 Jun 2023
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Proof of Stake will keep actual resource costs maintainable, and Blockchain does do some cool stuff for decentralization, and therefore federation. Right now Lemmy instances are tied to DNS. Hopefully in the future they will be tied to cryptographic assets. Distributed Autonomous Organizations are a great example of the potential.
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I think you don't understand value proposition of web 3. Aside from financial applications, web 3(if realized properly) gives you certainty and even a better ux. Imagine you have a single account, secured and truly decentralized (no one will be able to delete or manipulate your account) you can easily signup in any web 3 site/app and start using it, ideally you content, data or whatever You're generating in this platform is stored on a Blockchain, immutable for ever. No one can censor you! You don't have to trust goodwill of anyone, everything will just work!
I don't think no censoring is a good thing, opens for a LOT of harassment.
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I've dreamed for years about a decentralized single sign-in method. Some of the worst security issues derive from using passwords, usernames, emails, etc. Two factor authentication is ultimately just a band-aid fix for now. I truly think the killer usecase of web3 will be the ux. I'm glad that there's someone else that shares this conviction.
While signing up for Lemmy, I found myself wishing for a web3 sign-in method. Federation is great, but there are so many servers and to have an account on each would be silly. Instead of crossing the server boundary on an account from your home server, why not just have a native account on each, connected by your decentralized web3 sign-in.
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Fingers crossed.