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Nader Dabit transitioned from a Web2 role at AWS to the Web3 world at Edge & Node. He recently gave a talk at Next.js Conf on the tech stack to build with Web3 technologies. Here are some notes that I took on the talk.
The decentralized web
Web1: read-only web. You needed to be a dev to create; everyone else was a consumer.
Web2: read/write/interactive web. Anyone can be a creator.
Web3: web protocols (SSH, TCP, HTTP) + native payments & state
Buying on the internet vs building the internet
Decentralized
Ownership of data/platform
Native digital payments
Self-sovereign identity
Distributed trustless & robust infra
Open and public backends
Apps compete on interfaces for the same data
Fortnite. Web3-fying a Web2 game. 100% of money to this game cannot be taken out. Axie Infinity allows players to earn tokens by playing. 95% of money goes back to the users/players of the game.
Inflation and government crisis in Venezuela, Lebanon, Zimbabwe, Sudan
People need to leave the country because they've lost their ability to provide for themselves and their families
Stable coins are pegged against the US dollar; people can get paid in these instead of their local currencies
1.7B people are unbanked; Web3 can provide access to this under-served demographic
Web2: exploitation, advertising, zero ownership. Exchange your content for hearts and likes (gain followers)
Web3: tokenization, content ownership (follower gains)
How do you query data from blocks on the blockchain? The data isn't as easy to query as Web2 databases.
Livepeer. 10x cheaper than any other centralized alternative.
IPFS. Decentralized file storage network; not guaranteed how long the files will be stored
Arweave.org. Protocol that allows you to store files permanently.
Typical infrastructure + smart contracts
Progressive decentralization --> full decentralization
Client framework, Blockchain, Client library, Wallet
Building a dapp: Ethereum, Avalanche, Solana, Fantom, Near
Ethereum Virtual Machine (EVM): learning this will allow you to build on several different blockchains
Starter Stack: Next.js, Hardhat, Ethersj.js, Metamask
Nader Dabit transitioned from a Web2 role at AWS to the Web3 world at Edge & Node. He recently gave a talk at Next.js Conf on the tech stack to build with Web3 technologies. Here are some notes that I took on the talk.
The decentralized web
Web1: read-only web. You needed to be a dev to create; everyone else was a consumer.
Web2: read/write/interactive web. Anyone can be a creator.
Web3: web protocols (SSH, TCP, HTTP) + native payments & state
Buying on the internet vs building the internet
Decentralized
Ownership of data/platform
Native digital payments
Self-sovereign identity
Distributed trustless & robust infra
Open and public backends
Apps compete on interfaces for the same data
Fortnite. Web3-fying a Web2 game. 100% of money to this game cannot be taken out. Axie Infinity allows players to earn tokens by playing. 95% of money goes back to the users/players of the game.
Inflation and government crisis in Venezuela, Lebanon, Zimbabwe, Sudan
People need to leave the country because they've lost their ability to provide for themselves and their families
Stable coins are pegged against the US dollar; people can get paid in these instead of their local currencies
1.7B people are unbanked; Web3 can provide access to this under-served demographic
Web2: exploitation, advertising, zero ownership. Exchange your content for hearts and likes (gain followers)
Web3: tokenization, content ownership (follower gains)
How do you query data from blocks on the blockchain? The data isn't as easy to query as Web2 databases.
Livepeer. 10x cheaper than any other centralized alternative.
IPFS. Decentralized file storage network; not guaranteed how long the files will be stored
Arweave.org. Protocol that allows you to store files permanently.
Typical infrastructure + smart contracts
Progressive decentralization --> full decentralization
Client framework, Blockchain, Client library, Wallet
Building a dapp: Ethereum, Avalanche, Solana, Fantom, Near
Ethereum Virtual Machine (EVM): learning this will allow you to build on several different blockchains
Starter Stack: Next.js, Hardhat, Ethersj.js, Metamask
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