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@aral Damn, missed that. "You've gotta tell them!"
@gunchleoc
Terminator?
@aral So we're still at web-something? When will we go for Warp? wap - web - warp, right?
@aral what about √web ?
@aral #Web2 was XHR and Heroku-like PaaS for me. It made it easier to build rich user experiences with significant reach and to innovate.
I’m still searching for the problem #Web3 solves. I can see there’s technology there but it looks like a solution looking for a problem; a problem I’m not sure we have.
Decentralisation and financial empowerment were promised but we’re not seeing either of those. Maybe they’re coming soon?
There are some aspects of web3 I'd like to see. A platform agnositc way to make micro donations to people without middlemen using my data or taking fees would be nice. Unfortunately cryptocurrency has completely failed at that task and is nothing but a casino because it's all made by economic illiterates and con artists.
I have an idea for a model that could theoretically work. Miners don't compete and the coin is set up for hyperinflation from the start. 12 hours on an average gpu creates one coin. That way there's no point in speculation or hoarding because if the price ever were to rise, it'd get beat down by everybody mining and selling off. Once the price goes below the cost of mining, the cheapest way to get it is to buy it, so nobody would mine.
As for the rest, idk. Maybe we need to start teaching kids that if their product can function without a strongly consistent database it should.
@dave @aral I loved the idea of democratising finance when I first came across Satoshi’s paper but hearing 12 hours of GPU time puts me off.
We have one spaceship that we all have to live on, and I’d rather not trade the birds and bees for cash. If it can be done in a sustainable and ecologically-friendly way then sign me up! I’m all ears.
I get what you're saying. In my head it's not a thing that would constantly happen, but a mechanism that kicks in to prevent speculation. Because of the knowledge that a holder can't sell what they hold for a higher price, hoarding would be discouraged. The moment miners start working is the trigger for anyone holding to sell off anyway, which would drive down the price to make mining unprofitable.
The problem with POW mining is the wasted energy rises to meet the price of the coin. If $1'000'000 worth of btc is created per hour, then $950'000 of energy is wasted. The price increases because of hoarders expecting to sell it on to a bigger fool.
Without that enforced scarcity, the crypto has no use other than an agnostic value transfer protocol.
There wouldn't actually be much mining going on because the threat that the price can be surpressed stops people trying to pump it in the first place.
@aral I was thinking we need jump all the way to Web2000. 
It's a much higher number, so it's way better, right? It's also retrofuturistic. Mainly, it's doing web development like it's the year 2000; HTML + CSS and perhaps a sprinkling of JavaScript, for enhancement only. And, of course: no tracking.
@aral what we need is web420 to save the day