Why did the
#decentralized #decentralization #blockchain #crypto $crypto #cryptocurrency #community
drop the term peer to peer (P2P)?
Are P2P capital networks a good label for what we want to build? Why or why not?
@backus @jon_choi_ @jemenger @nlw @lrettig @trentmc0 @owocki
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Replying to @mattdlockyer @jon_choi_ and
P2P was the *primary* description before because it was the defining architecture of a new hyped category. Same for blockchain. If we have one word, we choose “blockchain” because that’s the paradigm shift defining the category.
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Replying to @backus @mattdlockyer and
"Blockchain" is too low-level. It's the hardware. "Web3" is a much better term. It's all-encompassing and puts UX first.
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Replying to @lrettig @mattdlockyer and
To push back on the premise, picking optimal terms independent of context seems like a fool's errand. If we're communicating with non-tech investors, they may not know what web3 is. If we're among ETH devs, you could get more specific than web3.
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Replying to @backus @mattdlockyer and
On the contrary, I think Web3 is a much more useful, contextful term for non-tech folks than blockchain, but we still have a lot of educating to do. But of course you're right context is important.
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Since we're getting ridiculously deep in the semantics (thanks
@mattdlockyer) one important note on web3...Web2 came to work because it was short hand for "social web" - a web where anyone could create rather than just consume content... (cont)1 reply 1 retweet 3 likes -
I actually view web 2.0 as a successful term and think web3 has value - but we need to be clearer about what properties its shorthand for. Which brings us back to the problem of the lack of crispness in the word "decentralization"
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Yeah, it is ambiguous (I didn't realize it was a ref to "web 2.0" until a month into using web3 libraries). I'd also be curious if the term "web 2.0" was coined preemptively to describe what we now associate with it, or if it came after the trends were clear.
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Web 2.0 was first used in 1999 and popularize by O'Rielly - Web 2.0 Conference 2004 was the real kickoff http://conferences.oreillynet.com/web2con/ - so it was early.
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All we know is that “web3” is about to be lit. Like maybe more than Windows 95 lit:pic.twitter.com/MtXSbIcYjH
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I was saying to a friend recently that I wouldn't mind if this gif was in every blog post I read. Love it
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