Web3: The Next Internet or Just Hype?
summary
Claims that web3 moves identity and ownership from companies down to the protocol layer, illustrated by KILT Protocol identity, and that transactions run on open, auditable code offering trustless validation. Practical tooling today is clunky — wallets like MetaMask and exchange accounts — and only about 10–15 people in the room have done a blockchain transaction. The LUNA collapse shows severe downside risk; NFTs and on‑chain credentials are real building blocks but the stack is early and fragile.
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