web3sux is a talk show that began on shitty slave tech social media platform. We are moving our base of operations to this site moving forward.
It is our position that web3 sucks because web3 does not exist, or at best is anemically incomplete.
The term was coined by Dr. Gavin Wood as he envisioned the ecosystem that could potentially exist if the three protocols defined in the Ethereum whitepaper were shipped: proof-of-stake, Swarm (storage), and Whisper (messaging).
Only one of those protocols successfully shipped (proof-of-stake, a.k.a. "the merge") in 2022.
The ecosystem envisioned by the good Doctor Wood does not exist; there are no "unstoppable apps" that do not in some way depend on a centralized choke point.
It is our sincere hope that web3 will indeed exist one day, and there are many independent teams pursuing this objective, even as the Ethereum Foundation and core devs have abandoned them.
More Coming Soon
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