Company
Date Published
Author
Chainlink
Word count
185
Language
Chinese
Hacker News points
None

Summary

Web3 represents a significant upgrade from the traditional internet by replacing centralized gatekeepers with decentralized protocols and community ownership, appealing deeply to those who believe in cryptography. However, Web3 remains niche and has not yet achieved widespread adoption due to several challenges. These include the complexity of technical jargon, the speculative nature of its financial applications, and the focus on financialization which does not resonate with the general public's interests. Additionally, user experience is often cumbersome due to technical hurdles like managing private keys, and the scalability of blockchain technology remains a critical issue. Furthermore, the lack of clear legal frameworks and policy guidance hinders broader participation from traditional institutions and organizations. Overcoming these obstacles is essential for Web3 to unlock its potential societal value, which could be achieved by improving user experience, enhancing scalability, and establishing supportive legal frameworks.