Explore the World's Best Ideas
Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.
Web3 is not as accessible or ubiquitous as it might sound
- Large chunks of Web3 experiences are still built on open-web technologies, and you can access them through a good olâ browser
- In today's world (our not-quite-Web3 society), when we type out a website's address, we rely on our browsers to handle all the complex back-end stuff and take us to our destination in cyberspace.
15
409 reads
Essential Web3 concepts
- Wallet: Your cryptocurrency wallet where you store different tokens such as Bitcoin, Ethereum, and Matic
- dApps: Decentralized applications running on blockchain-based protocols
- Blockchain: A decentralized protocol for Web3 projects
- Smart contracts: Snippets of programs on blockchain that execute when terms of the agreement are met
- IPFS: The InterPlanetary File System
- Non-custodial wallet: The service provider/browser doesn't store keys to your wallet. You have to remember your 12-word secret phrase to restore your wallet on another device.
15
236 reads
History of browsers and Web3
- A browser is just a window to the internet. You only have to store a minimum amount of data and do minimal processing on your computer to access websites and apps
- In 2015, the team at the Ethereum foundation tried to build a browser called Mist. It was just a shell based on Electron
- The problem with Mist was that it was running a full node in a blockchain, so when you started the browser, it needed to synchronize all the block data that was created while you were offline.
13
187 reads
The current set of browsers
- Modern browsers are able to handle Web3 applications, but you might have to do some legwork to access them
- There are a few browsers like Opera and Brave that offer a somewhat native Web3 experience with in-built wallets and Web3-based domain name support
- Both of them have this experience available on mobile and desktop.
- Privacy-focused Brave browser offers a slightly different experience. It doesnât have a dedicated crypto browser or a content hub, but it has a cryptocurrency wallet.
14
215 reads
Challenges in Building for Web3
- One of the biggest challenges while accessing Web3 properties is that you should know what tokens youâre using, and what blockchain protocol a particular app runs on.
- There's an issue of security as well. In Web3's nascent state, many bad actors use phishing to lure users to fraudulent websites, and steal their assets.
- Brave is trying to bridge this gap by slowly integrating more standards on the browser itself, so you donât have to worry about what's on the backend.
14
186 reads
The Way Ahead
- Accessing Web3 properties is complicated, and the average user has a steep learning curve
- Modern browsers, and standards like universal profiles, will need to work in tandem to make all of this simpler
- A world where a user doesn't have to worry about the backend protocol and where Web3 is just... the web
13
191 reads
IDEAS CURATED BY
For every question, there is an answer. For every problem, there is a solution. For everything else, there is an explanation.
Ryker 's ideas are part of this journey:
Learn more about crypto with this collection
How to create and sell NFTs
The future of NFTs
The benefits and drawbacks of NFTs
Related collections
Similar ideas
7 ideas
What is Web3? The Decentralized Internet of the Future Explained
freecodecamp.org
4 ideas
What is Web3, and why should you care? | The Crypto Jobs List Blog
cryptojobslist.com
5 ideas
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
â
100+ Learning Journeys
â
Access to 200,000+ ideas
â
Access to the mobile app
â
Unlimited idea saving
â
â
Unlimited history
â
â
Unlimited listening to ideas
â
â
Downloading & offline access
â
â
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates