While there continue to be what seems to be daily innovations in the Web3 space, the industry is dealing with a crisis of its own making.  What started as a very simplistic idea, where blockchain could hold data on a transparent, immutable chain, has turned into an industry worth hundreds of billions.  The “crisis” is that Web3 has progressed so rapidly from the original goal of blockchain that it is starting to resemble Web2, but with additional benefits.  This is great news, of course, but presents a problem: the scalability issues long since solved on Web2 through broadband internet, but still present in Web3.  There are many reasons why this problem is still an issue for Web3, but namely it is difficult to enjoy all the benefits of Web3, such as decentralization, transparency where you want it and privacy where you don’t, and the ability to utilize borderless currency, without the solution becoming incredibly more complex.
The industry has been working at a fever pitch to

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