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What is Web3? The ‘Next Phase’ of the Internet, Explained
Web3 is an internet owned by users, proponents say. Here’s how that would work. 0:00 – Web3 explained 0:29 – Web3 uses blockchain technology 1:19 – Web3 payment systems 1:57 – How Web3 Facebook could work 2:30 – Web3 concerns 3:10 – Metaverse in Web3 3:29 – Web1 and Web2 explained 4:40 – Can Web3…
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Remington Howell
June 15, 2022 at 1:56 pm
How do we know that Internet three would not treat people with disability like an after thought like the outher ?
Financial Shinanigan
June 15, 2022 at 2:03 pm
Buzz buzz, words are buzzing
John Doh
June 15, 2022 at 2:25 pm
So, web 3 will decentralize traffic? If so how many points of failure was just added? How many points can now get hacked?
I’m confused. If web 3 is simply about my data, I NEVER put my data out on the internet. To me that’s just stupid. Hacks are CONSTANT. The more decentralize MY data, the more likely it will get hacked regardless of the efforts to protect it. How many hundreds of millions of crypto currency or NFTs have now been hacked?
The points that were made to justify some new kind of structure seems incredibly weak to me. If I go to Amazon for instance, I’m there to shop, not enter a meta world, and that will be the case for most the world. I don’t want my PC trying to run Amazon’s web pages for them. That’s THEIR business.
At 4:20, Web2.0 is what?? Why should Facebook, Amazon, etc… have open source ANYTHING when they’re the ones paying for the infrastructure and THEY are the ones who have to pay when it fails? And the bottom line is, this is STILL based on IP — internet protocol. They didn’t create their own specific ways to work with their specific websites, and the bottom line is, they’re just web sites. This doesn’t make them evil, the fact that THEY have to spend the money to run THEIR business and they have a choice on how they manage the software that runs their servers. It’s THEIR responsibility when things go right or wrong.
But then it goes to Web 3 and now the description is blurry. What, somehow I’m going to have part of Amazon’s web services or online shopping services run through my computer? I think not. Companies are still going to OWN their equipment, or lease it. It’s still going to be major service providers that are providing services. My computer is not going to be part of some social scheme that’s theoretically better than companies being responsible for the services they provide, and in the end I find that much more reassuring, that AMAZON would be responsible for what they provide.
And how does Web 3 take away the content from the big companies? By stealing it??
I’m trying to wrap my head around this and I see no good from it. What I see from descriptions is a NIGHTMARE, and my PC being used in a way I don’t want it to be.
NeioGeo
June 15, 2022 at 2:39 pm
…correct me if I’m wrong, but wasn’t there a Black Mirror episode about this exact concept? It didn’t go well for them either and made life online more intrusive. If big companies have already put money into it, then it’s already been compromised.
I get it – the internet, and digital life as a whole, can evolve to meet current social standards, but what standards they want to enforce is what’s the issue. Crypto, Blockchain, NFTs – despite the enthusiasm for them from the intellectually savvy and the fad followers, haven’t been adopted nor recognized by a large part of the population. If that’s where this revision is going…I don’t know how it’s going to catch on properly.
Ausf
June 15, 2022 at 2:49 pm
Nothing goes well on BM. That’s the point of the show.
Cerise M
June 15, 2022 at 3:24 pm
Fifteen Million Merits?
couchpoet1
June 15, 2022 at 3:05 pm
FDIC?
Cassinovashalo
June 15, 2022 at 3:15 pm
That’s not what blockchain is 🙄. After that misinformation the rest of your video is perceived crap.
Kraig-Alan Burgess
June 15, 2022 at 3:16 pm
do i need to understand web 2.0 to watch this first
Mike C
June 15, 2022 at 3:17 pm
When a person with a life driven by a primitive `religion` explains what new technologies are.
If these people were so open minded and `evolved` the shitholes are coming from wouldn’t look as they look and women where treated as humans.
But hey look at me! I’m different, but the same, but I think totally different, and these are my beliefs!
I dress funny because otherwise by husband and people who think like him will stone me to death, and I look different than you so I signal to others I have these beliefs!
Nice try cnet…
CADILLAC Coupe
June 15, 2022 at 3:17 pm
God motherboard .1day lol
Ashik Antu
June 15, 2022 at 3:26 pm
I really don’t understand why people are running behind decentralisation and too much privacy … are you guys a drug dealer or a pedo ? 😂 cmon imagine a world without google , meta , Amazon . Apple and others… that would be boring and terrible . People should stop seeing these companies as some enemy’s 😂 and is there is a completely working and make sense stuff that these block chain or crypto guys made that can be useful to the genre public ?
Cameron F
June 15, 2022 at 3:40 pm
Thinking web3 would be an internet owned by users is eerily on par with thinking democracy is a government owned by citizens.
Both require low intelligence at how stuff actually works.
Adventurous Loner
June 15, 2022 at 11:54 pm
Love your comment
Alfonso Murillo Bolaños
June 15, 2022 at 4:25 pm
Please don’t… Last thing we need is an internet owned by Crypto Bros… NFT’s and Cryptos are already mainly used as a way to scam money out of everyone that is not willing to scam someone else. Not being that enough, Crypto also uses absolutely unnecessary amounts of energy, to “solve” a non issue. I rater sell my soul to Google, or Facebook…
CO
June 15, 2022 at 6:06 pm
As it stands, Web3 is a dumpster fire filled with scams sitting behind a facade of hype.
Paul T Sjordal
June 15, 2022 at 6:13 pm
More blockchain bulls**t? That’s just what the Internet needs. Sigh.
Don Bohn
June 15, 2022 at 8:18 pm
Sounds like trash
Perry Robert
June 15, 2022 at 8:57 pm
They want us to basically conduct life on the internet and based off how we act what we say etc is going to effect how much we make in digital currency
R4M 845
June 16, 2022 at 10:25 am
Bascially Social Credit Score in a nutshell .
Velvet Rose
June 18, 2022 at 10:07 pm
@R4M 845 Bingo!
Alan Ball
June 15, 2022 at 8:59 pm
It’s a scam
michael hall
June 15, 2022 at 9:03 pm
More scam type crap
Toph Law
June 15, 2022 at 9:16 pm
Thanks for the balanced assessment of the whole idea of “Web 3”.
… personally I’m not on board with this potential blockchain nightmare… it’ll just be more reason for keeping people glued to their devices rather than actively participate in the people & the world around them.
H M
June 15, 2022 at 9:53 pm
They literally plan on making all of us obsessed stuck in our houses only living online it seems to me with this new idea of theirs.
RoCk-N-PaRtY
June 15, 2022 at 9:29 pm
No one understands Cryptocurrency
H M
June 15, 2022 at 9:52 pm
All I can think about is the massively unchecked surge in online crime and pedophilia…
nashdow
June 15, 2022 at 11:45 pm
Meta masking Ponzi scam alike
deng
June 16, 2022 at 12:51 am
Nice Google logo w/ Philippines flag
Alan Garcia
June 16, 2022 at 12:56 am
So they’re trying to make NFT’S happen? 🤔
SSSniperMonkey
June 16, 2022 at 3:21 am
Naaah im good
Baker Kawesa
June 16, 2022 at 5:09 am
Blockchain’s only viable killer app is cryptocurrency. Anything else is wishful thinking.
goli fatami
June 16, 2022 at 5:23 am
What is Web3? This is Utopia ecosystem!
John-henry Duckworth
June 16, 2022 at 5:40 am
Web3 sounds like mash potatoes that is revolutionise…….now we add gravy to it. Web3 is dumb. Only exciting for Bitcoin junkies
੧
June 16, 2022 at 5:55 am
I am very happy with Google.
R4M 845
June 16, 2022 at 10:24 am
Sounds like social credit score guilsed as tokens
x13x Monkeys
June 16, 2022 at 11:04 am
I’m for anything that gets rid of banks!
The true criminals are financial institutions.
You Tube
June 16, 2022 at 2:00 pm
So removing the lust for real money & replacing it with the lust for a made up virtual currency, that solves nothing. Much better to remove all reward systems out of the equation altogether.
Amit
June 17, 2022 at 2:24 am
Blockchain is cool. But don’t try to solve everything with it. Tempt the user that they deserve to pay more? Huh
Ken Novell
June 18, 2022 at 11:37 am
this sounds like total bs. don’t opt for the metaverse crap
Comp
June 18, 2022 at 9:31 pm
I’ve always associated Web 3.0 with AI content generator, Dall-E would be a perfect example, where you replace the content made by another user with AI media.
Velvet Rose
June 18, 2022 at 10:09 pm
It’s the social credit score system.
Yes, a shift of power where you’re controlled more via your mind.
David E. Schnell
June 20, 2022 at 4:36 am
I really like her presentation style and her voice. It is so soothing and interesting. I wish she were my sister… The editing of this video is seamless and smooth. Very professional! kudos to CNET!