ITNEXT·4y🔥 5 Reasons Why Web 3.0 will Fail?
Web 3.0 sounds like one more buzzword used to promote crypto scams or get a piece of hype. It is decentralized web applications where a network of people control their own slice of the internet. The idea looks quite romantic but is implementation realistic enough? Or it will remain only in the dreams of the crypto subculture and never become mainstream.
Hacker News·4yweb3 is Centralized
The trend of communication and information becoming more centralized in large corporations is worrying and worth fighting against. "Web3," as it exists today and appears to be building towards, is actually more centralized than the web it seeks to replace. The reason people build on these fundamentally centralized technologies is actually pretty obvious: the vast majority of DAOs are transparently cash grabs.
Hashnode·4yGetting Started with Ethereum and Solidity
Smart contracts are just like physical paper contracts except they don't need manual work to execute them. All the instructions are automated and these instructions get executed when certain conditions are met. Solidity is programming language which is needed to write smart contracts. We will be using Remix.io, a browser base compiler and code editor which will help us write and deploy our smart contracts on Ethereum.
Developer Tech·4yEthereum still has the most Web 3.0 developers, but rivals are growing faster
Research firm Electric Capital released a report into the Web 3.0 development ecosystem. It found that more than 4,000 developers actively work on Ethereum per month. But rivals like Solana, NEAR, BSC, Avalanche, and Terra are growing faster. The report also found that across all chains, growth is continuing at a rapid pace.