Success of web3 hinges on remedying its security challenges

Usernames and passwords continue to be the dominant paradigm, despite being repeatedly demonstrated to be an insecure model. The average person has to juggle between 70 to 80 passwords, resulting in a decidedly inferior user experience. Indeed, there are multi-million dollar businesses built just around helping businesses and individuals manage the... See more

Web3 will replace centralized platforms with open protocols and decentralized, community-run networks, combining the open infrastructure of web1 with the public participation of web2.

In the past, trust was purely social (think the caveman days). Then it switched to trusted institutions (banks, governments, companies) which was a step up, but we still had to rely on the other parties goodwill, or their incentive to behave in the right way.
The problem today is that institutions have become the sole gatekeepers of trust. We are st

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Pretty much anything that can be done on a blockchain can be done in web2. Sure, you have to trust a centralized provider, but 99% of the time that’s fine. Society requires trust to function.