The Web Needs a Better Model

The Web Needs a Better Model

More than ever we are at the mercy of platform-based giants like Google and Amazon, who act as digital landlords. We have become cloud-serfs, giving our data and producing trillions in value for algorithms we will never own.
Over 80% of Netflix viewing is dictated by its recommendation algorithm, and Amazon is far from a neutral marketplace — its matching engine gives preferential treatment to Amazon’s own products, and third-party sellers pay up to 50% of their revenue in fees for the privilege of competing for Amazon’s customers.
The promise of Web3 was a world beyond these digital landlords.
Reclaiming the Web3 thesis
Web3, as defined by Ethereum co-founder Gavin Wood in 2014, was a „post-Snowden web” — an antidote to centralized control built on peer-to-peer trust.
Gavin’s architectural vision has been twisted.
Ethereum created “more individual millionaires than any other project” and together with the rest of the ICOs wave shifted the focus from technological princip

Czytaj więcej

We współpracy z: https://www.coindesk.com/coindesk-indices/2025/09/24/the-web-needs-a-better-model

Total
0
Shares
Dodaj komentarz

Podobne Wpisy