Blockchain 2.0 and Web 3.0 - and all the mainstream penetration - are part of phase 2 of XC's development plan. We're currently in phase 1.
Although the stuff we're doing now is ground-breaking and will put XC way up ahead, phase 2 is an order of magnitude greater than phase 1.
At some point after Rev 3 you'll find out how we're going get it done. I can't wait.
Web... 3.0?
Web 3.0 is a nebulous concept at present, and two strands of it are interesting: the effortless "semantic" web (google it) that may be implemented by Big Data, and the secure, cryptographically-inclined ideas of people like Ethereum's Dr. Gavin Wood (
http://insightsintoamodernworld.blogspot.co.uk/2014/04/apps-what-web-30-looks-like.html).
Since it doesn't exist yet, there's no good reason to define what it is. But by creating blockchain 2.0 apps of various kinds, XC is inevitably making inroads into secure Web 3.0 territory, whatever the term "Web 3.0" ends up signifying.
Safe to say XC is pushing the boundaries of technology like no other.
Haven't been following the coin closely at all. Anyone care to elaborate without the prerequisite digging through the trash posts for the golden nuggets?
The core idea of Web 3.0 / Blockchain 2.0 might've started with Mastercoin, when J. R. Willet thought of using the Bitcoin blockchain for things other than regular transactions. Decentralised exchange, dropbox, and smart contracts were the most prominent ideas.
Then Ethereum came along with an incredibly ambitious idea to include a Turing-complete scripting language into a blockchain-based "coin", and then to think hard about how to make it impossible for people to use that infinite capacity to make malware that self-destructs the blockchain.
XC, in contrast to these other projects, is promising in two respects: it has none of the risk, difficulty, and lack of political leverage that comes with building things on top of the Bitcoin blockchain, and it has none of the malware risk, reputation conundrums, bloat issues, and exhausting ambition that Ethereum faces when trying to build the entire 3.0 internet on their own.
XC's approach is elegant: if you need to transact privately, then you need an encrypted version of Bitcoin's broadcasting system. This can broadcast all sorts of things; build it out and you get secure private chat and messaging. Add ATCsecure's multi-path tech and you leave no record of the already-encrypted links between sender and receiver. The result is a system for communicating that is decentralised, private, and scalable. And you can communicate almost anything with it. This, simply put, is XC's platform.
I'm oversimplifying in several respects, and there are other important technologies in the system that I haven't even mentioned, but hey, this isn't a whitepaper.
) DRK - we will beat you very soon!
