Mastodawn

Chris Trottier Apr 17, 2023

Dear journalists, please stop referring to Mastodon as “Web3”.

While Mastodon is decentralized, it doesn’t utilize blockchain or token-based economics.

While you may believe this buzzword makes you sound smart to readers, it really just generates confusion.

https://eandt.theiet.org/content/articles/2023/04/social-networks-face-the-wisdom-of-crowds/

@fediversenews

Social networks face the wisdom of crowds

Web3 promises a new world of social media where you are the boss. The problem? You are now the boss.

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Rumblestiltskin

@atomicpoet @fediversenews I think web3 is just referring to the evolution of the internet away from centralised corporations serving and holding your data.

Crypto people thought blockchains would accomplish this but maybe federated networks will be the ones to do it. And maybe blockchains still have a place there too... 🤓