What is the General Consensus of Web3?

Sunny' 🌻@slrpnk.net to No Stupid Questions@lemmy.world – 54 points –

Have no idea what it is about, other than being decentralised. Some basic search results suggests that its a sham, scam and riddled with crypto ideas. Or is it apart of something noteworthy? Geuinly curious what the general consensus is of the Web3.

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Web is by definition decentralised. I can run a website on my home PC and it's part of the internet. Web3 is about running Blockchain. They are two independent concepts imho. When it comes to Web3, my opinion of it is "meh". It's a buzzword more than anything.

To be fair namecoin and emerDNS were/are trying to solve the centralised bit of the web, the DNS root.