> The beginning of every new era of protocols is always like this.
No it's not.
Web2 exploded largely because of XMLHTTPRequest which from the second it was released was simple to understand, simple to use and solved an immediate problem.
To this day I'm still yet to find a problem that Web3 solves uniqely well other than money laundering, sanctions evasion etc.
> To this day I'm still yet to find a problem that Web3 solves uniqely well other than money laundering, sanctions evasion etc.
Many of cryptographical constructs of the past 4 years were and are spearheaded by blockchains, in particular fast signature aggregation, threshold signatures protocols and zero knowledge proofs. This translates to protocols for:
- voting.
- splitting a critical company secret between say the CEO, COO, CFO, Head of HR, Compliance, Legal and requiring 4 out of 6 to sign off critical actions, without ever revealing that secret.
- proving that you did or you own something without revealing what. Which could be quite interesting for law enforcement for example.
No it's not.
Web2 exploded largely because of XMLHTTPRequest which from the second it was released was simple to understand, simple to use and solved an immediate problem.
To this day I'm still yet to find a problem that Web3 solves uniqely well other than money laundering, sanctions evasion etc.