A Blockchain Answer to Moxie’s ‘Impressions of Web3’by@simonchandler
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A Blockchain Answer to Moxie’s ‘Impressions of Web3’

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Cryptographer Moxie Marlinspike highlights some of the contradictions around Web3. The Internet Computer offers end-to-end decentralization, with frontend and user interfaces live on the same decentralized infrastructure. NFTs do not actually store their associated digital assets or media on a blockchain, but they are stored on the Internet Computer. The Web3 concept is appealing but there remains a lack of concrete detail about how the paradigm would work in practice, says the cryptographer. He says Web3 projects are only marginally decentralized at best, with centralized servers and platforms.

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@simonchandler

Simon Chandler

Freelance technology writer based in London, UK.


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