2 years ago

Category: Database, Security, Architecture

Venture capitalist Chris Dixon ignited a Twitter debate last week with a thread about “Why Web 3 matters.” His definition of “Web 3” (a term more commonly styled as “Web3”) revolves around blockchain and cryptocurrency technologies — a market that a16z is heavily invested in. Web3, according to Dixon, is “the internet owned by the builders and users, orchestrated with tokens.”

Now, I want to note that some Web3 developers are well aware of these issues and they are working hard on solving them.

From a web architecture and performance point of view, traditional “centralized” web applications are far superior to dapps (or other decentralized apps, for that matter).