Web3 Is Centralized (and Inefficient)

1

Curve

#Online Payments #Payment Platform #Money Transfer 138 social mentions

2

Taler

> There have been plenty of times that I didn't want to hand over my name and address for an online purchase, but the traditional payment systems aren't set up for privacy. Private payments can easily solved without a blockchain. For private payments you don't need a completely trust-less system. Taler[1] solves this quite elegantly: they provide completetly anonymous payments for the customer but still require the merchant to be 'on-record' to make money laundering harder/impossible. For that they rely on a regulated and trusted party as you would with a regular payment provider or bank. No proof of work needed, no value volatility, just an online representation of cash with accountability for the merchant built-in. Of course, this also means that your second point is still valid for Taler: The involved trusted parties could collectively decide that they want to discriminate against certain merchants, in the same way the current payment providers did. [1]: https://taler.net/en/.

#Online Payments #Payment Platform #eCommerce Tools 11 social mentions

3

Truebit

#Development #Business & Commerce #Productivity 2 social mentions

4

Oasis Network

#Development #Finance #Maps 46 social mentions

5

Ethereum Name Service

Once again. Another boring and weak article with no new arguments. Not all NFTs are JPEGs and there are those that have utility like ENS [0] which <i>anyone</i> can register a domain and it cannot be seized. That concept works well for identities in general and here is a use case of this [2][3]. Yawn. [0] https://ens.domains/ [1] https://unstoppabledomains.com/ [2] https://www.skiff.org/ [3] https://www.skiff.org/updates/skiff-ens.

#Crypto #Web App #Crypto Marketplace 188 social mentions