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Topic: World are going to WEB 5.0? What is WEB 5.0? - page 2. (Read 254 times)

legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
What the heck, we haven't even got a working Web 3.0 yet.

That is, all service providers of email, social media, & streaming all have to move their data to a public blockchain for it to take off. We all know the chances of companies moving their data into the public is nil.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
It seems to be a totally serious project, but the web5 thing is just mockery. (and I assume for the publicity, as journalists are writing about it)



https://twitter.com/jack/status/1535636345065979904
full member
Activity: 168
Merit: 421
武士道
Don’t let the name confuse you, it’s just trying to mock web 3.0. Jack dorsey and his company is trying to build some kind of decentralized web, that gives you self custody over your data. How this will actually work in practice, idk yet.
newbie
Activity: 184
Merit: 0
Being developed by Dorsey’s Bitcoin business unit, THE BOOK HEAD(TBH), Web 5_0 is aimed at “bulidingan extra decentralised web that puts you in control of your data and identity”.
Taking about the idea on its website, the TBH says: “The web democratized the exchange of information, but it's missing a key layer: identity.

We struggle to secure personal data with hundreds of accounts and password we can't remember. On the web today, identity and personal data have become the property of third parties”.
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