For some reason I don’t understand many people started to think that “Web3 is the future”, “blockchain is going to solve all your problems”, “blockchain is going to give us privacy…”
A blockchain is a (an append only) glorified Linked list, in which, to insert something, you have to pay rent to some “miner”.
No, it is not, everyone has the same blockchain, if someone decides that you are an idiot, the fact that you’re an idiot will be replicated on all the nodes, which is no different from going banning you from a Minecraft server. What is decentralizated is the idiocy of cryptobros.
Also, it is not decentralizated: This website shows the stats for cryptocurrency decentralization.
There is no way to delete something from a blockchain, once it was recorded, it is going to be there until the last node on earth powers itself off.
Even is that was true, I2P, Freenet, and many other project, can accomplish the same without blockchains and shit.
Neocities exist, and you can do exactly the same thing (and, again, in a sane way, with I2P)
We already had bittorrent, a protocol in which, to participate, you don’t have to fetch the entire blockchain.
I don’t expect any cryptobro to understand half of this article.