Unshackled minds - web3 V web4

in cryptocurrency •  3 years ago  (edited)

web3.jpeg


The buzzword of the decade they are calling it.


Web3 that is. Now having read many articles about the idea regards web3, I think we can do better than web3 by making web4, before web3 is even in full swing.

What is web3 you may ask, wiki explanation below.

"Web3, also known as Web 3.0, is an idea for a new iteration of the World Wide Web that incorporates decentralization based on blockchains. Some technologists and journalists have contrasted it with Web 2.0, wherein they say data and content are centralized in a small group of companies sometimes referred to as "Big Tech". The term was coined in 2014 by Ethereum co-founder Gavin Wood, and the idea gained interest in 2021 from cryptocurrency enthusiasts, large technology companies, and venture capital firms.

The part of that statement that bothers me is "large technology companies, and venture capital firms."

Link to wiki = https://en.wikipedia.org/wiki/Web3

As I leap from project to project, farm, homeschool my daughter, HHO design and implementation for heating and engines & restore motorbikes, I know full well I will not have the time on my own to implement my vision of web 4 so I am willing to put forward ideas for anyone to use that does have the time.

First let me say why web3 and the alleged utopia "they in the media" speak of will not be as such. Anytime the two highlighted "large technology companies, and venture capital firms." are involved, it is purely for profit, for them not you or I.

I could imagine their joy if "they owned the new blockchains, they got to pre mine then airdrop tokens", they could even give some to every person in the world adding value to the token, then just like the person that pre mined BTC, they would get the huge gains as it grew in interest/value, leaving us all with crumbs, nothing new there.

"It is estimated that Satoshi Nakamoto mined more than 1 million BTC."

Link = https://en.cryptonomist.ch/2021/11/14/did-satoshi-nakamoto-pre-mine-bitcoin/

So I think web4 would and could be better and more inclusive.
Now yes capital/Fiat funny money could be raised to make a web 4 by many offerings, ICO, IPO, go fund me etc, but it would still take a lot of people with differing skills to implement/design & make it, plus run it, and to be honest, that is not me.

So I will offer up some thoughts in various articles regards my vision of web4 & how it could be made so all get an equal shot, you are as always welcome to add ideas, steal the idea, run with it, open source thoughts and all.

My initial vision of web4 is - in short form as follows, I have very little time today so can not do a million words. I can expand more on it tonight in the PM.

  • A new blockchain with only a single coin produced for the person that invents it.

  • A social media site to use with it like this one.

  • An equal stake based vote for all based on one coin only.
    The more coins you hold does not give you a larger vote so it gives incentive to spend - or share your other coins.

  • Equal vote value for all based on 1 token, all interaction on the social media site is shared equally to all. Every action, commenting, posting etc adds value to the blockchain, shared by all.

  • No pre-mine of large amounts of coins - nobody has total control or gains a monetary advantage. (Imagine that hey.)

  • An app based payment system for retailers so the token can have real time usage anywhere you go, free app for all. * See note 1 below.

  • The coin can NOT be bought or sold on exchanges or exchanged for Fiat funny money to cut out the banksters and government taxation. * See note 2 below.

  • Token name = Freedom coin, FC for short.

I was thinking the wallet could be anonymously attached to your own PC, phone etc, so every action you do, be it a click of the mouse or browsing also adds value to the blockchain for all. @lucylin mentioned bot abuse but as the distribution would be shared with all stakeholders, not self only that would simply gain no advantage as the payout is equal for all that hold a solitary token.

    1. Research of apps led me to also note the wallet could be applied to phones not capable of installing apps, in Nigeria I think it is, I would have to check later, you can pay by phone with a text message. A work around is possible, but I suspect a computer would be needed to store the tokens still, thoughts please?
  • .2. To my understand and my solicitors, as long as the token can not be exchanged for Fiat money, it can not be classified as anything by any government, and as the wallets are free, so is the app, they can not stop people using it, and they can not track what you spend the tokens on.

We can see the train wreck to come with the central bank cashless system, how about we beat them to it?
Even here in PL, this last 2 years I have seen cashless self service tills added to most if not all supermarkets, and the end game will be just that, no cashiers, no cash, self service phone payments.

Some shops in some countries already have that, Amazon was it not that made it so you pick up goods, place them in a basket, put them in a bag, then when you leave the digits leave your phone wallet automatically.

I have no more time at the moment to expand on this, but would be interested in anybodies thoughts how we could progress with this idea.
I have a million ideas I could add to this concept, but not the time to write them all down.
As I see it we have one year, and 1 year only to make a workable solution to end central banksters and the dystopian plan they have for the very near future, next year, so we vill own nothing and be miserable. (Klaus anal slob accent added.)

They want to set time limits as to how long we are allowed to spend their new digital currencies, what we can buy and where, not on my watch, not a chance.

The ramifications of their nightmare vision would mean nobody can save for a deposit to buy anything of substance like a house, car or motorbike, maybe a cycle yes, who wants to ride one of them 400 miles?

If you search for the term "banks feel threatened by crypto currencies", you will find thousands of articles, so yes, they are scared of what we can and have done.

Have a superb day, get your thinking caps on, and let's make this concept real, organized and united as one.

In you I trust, make it so captains.
Have a superb day ahead.

No time to edit so any mistakes stand. (Edited lunch time, possibly still some errors, nobody is perfect hey.)

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If you search for the term "banks feel threatened by crypto currencies", you will find thousands of articles, so yes, they are scared of what we can and have done.

They're threatened by human human ingenuity and creativity. Why? Because they can't control it, and sooner or later the human spirit will become the genie that's escaped the bottle - turning their despotic dreams into their waking nightmares.

Great post my friend - Happy New Year! :)

  ·  3 years ago  ·  

I agree, if you think about as I do, those that call themselves elites, what are they good for, what can they make, what can they grow? The queen has never even flicked a switch on a kettle, made a cup of tea, a sandwich, nothing, nada, feck all. The same as so called "lords" including Rothschildscumbag.

They are useless, the lot of them, self appointed useless over educated regurgitate and repeat tossers.
It is us that create, create we will.

High compliment from you, thank you my friend. Now when you going to start blogging???????

Happy new year.

The queen has never even flicked a switch on a kettle, made a cup of tea, a sandwich, nothing, nada, feck all.

Haha the groom of the stool was also one of the most prestigious jobs in the royal household.

No worries - credit where its due. I've been mega busy over Christmas/New Year - but I'm just putting the finishing touches to a 15 part series I've been working on, so looking to get started next week. :)

  ·  3 years ago  ·  

I look forward to it, about bloody time brother :-)

  ·  3 years ago  ·  

Yay, welcome to the party bro, no bickering on here :-)

  ·  3 years ago  ·  

Check this video when you have time, descriptive and inspiring, covers quite a lot of what is going down.