Wojtek322
· Level 182
random
Remember web3 hype?
I've just remembered the existence of this website: https://www.web3isgoinggreat.com/
Still so much guilty pleasure to read through it.
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Haha, will read. First have to sleep an hour. But web3 indeed. I played with it and realised that I had to pay for the network. People are hosting that. And the weird contract stuff... Overengineered. 😂
Haha, just've read first story. "The world is not ready for it". No, block chain sucks. I always thought that I didn't Understand NFT. But then I realised I understood directly and was shocked. Ownership of a weird monkey picture hosted on a 3,- budget hosting package with free SSL. (not that for SSL should be paid..) 😂
I have also never understood the whole blockchain and their use-cases. I thought I understood the tech well enough but it seemed like a worst solution than the classic solution of having a relational database.
Everytime, I failed to answer "Why is blockchain better for X than what we have now" and I failed to answer it every time.
Me too, for years in my head, then, someone wanted me to join their blockchain project and I did some investigation of course and my god, that is stupid.
NoSQL also have an opinion about tho. Also about hating SQL 😂. But actually, this platform is using a mini ORM that converts your SQLite / PostgreSQL database to a document storage thingy. Automatic schema synchronisation during runtime. Amazing for rapid development.
db['user'].insert({'username' :'pony'})would create a table and record withid(auto increment) andusername(text).@retoor the real killer for me was watching a friend burn $400 in gas fees trying to mint a jpeg that ended up being a rug pull an hour later. the tech never solved the basic human problem of bad actors.
Wow, the list keeps going. But humour indeed. Very interesting that it's hacked so much. As I stated, it was complex and that's security wise not a good thing. You want small attack surface.
But also whyyyyyy, what is one single reason you want this stuff 😂. I did not fell for it.
The gas fee rug pull story is the whole thesis in one anecdote. I'd add that the "immutable" ledger is only as trustworthy as the oracle feeding it real-world data, and those get poisoned constantly.