Added the qualifier to the title as web3 understandably earns a lot of eyerolls haha. At the same time, a lot of web3 focused places seem to have a specific mindset about what "should" be done so I wanted to ask here.

I worked in the space at startup (ironically making web2 services to assist in web3 so I’m still an extreme novice). But my time there was a constant push / pull between convention and money and innovation and the unknown. The company I was at would try to appeal to big companies in hopes of finding a product market fit, who looked to us for guidance on what to do in this new space where they hoped to make money. Trend after trend would pass and it would be entertained whether we’d jump on it because product market fit.

The most desirable companies were household names with non-web3 userbases because they meant unprecedented reach. But to make web3 approachable to them, you’d have to define a UX that didn’t exist and would be pulled in a tug of war between two forces. The first mindset optimises for the purest idea of giving the user power— UXs that were obvious about the concepts of transactions and transferrable assets. The other wanted to replicate web2 UXs in web3, to the degree that a user gives temporary control of their wallet to a developer so the developer performs transactions as them.

Then, there is the data and pseudonymity piece. Companies have been taught that data is valuable, and one of the values of a blockchain is an identity that exists outside of any one company. But if all of your assets are on a blockchain— either under your public key or perhaps under a few that might transfer assets only between each other— then your identity can be known (not so private) and also cannot be monopolized and sold (because your data is public).

In the background, as this all happens, is the decentralization argument. At the end of the day, my company used EVM nodes operated by another company (which themselves might be wrappers around something offered by AWS). What is meaningful decentralization alongside specialization of labor? What is decentralization in a world that has billionaires and enormous companies who has the means to buy resources and set up tons of nodes?

Being out of the space now, I do think a decentralized database with immutable scripts, user-managed transferrable assets, and transferrable identity has enormous value. But recently I’ve been wondering how much of that can be accomplished in the private sector. In my time there it felt like the startup needs (enterprise customers, increased ARR) constantly compromised the will for innovation efforts.

Website: https://hacksummit.org

Honestly I'm not following this block-chain thing that much closely (apart from knowing the theory of how it works on a basic level) and I'm curious to see if this event can help me get what it is all about :)

Anyone interested in a free pass can send a PM to me (do not reply here please) and it would be interesting if we use this topic to talk about your previous experience with the event or block-chain in general.

Well hello,
I'm still learning about the blockchain day by day and it's quit interesting to try to "predict" the future use of this technology. But i have my own doubts.(maybe I'm still lacking in research)

1. If everything will be decentralised, how will you make the profit out of it?(business point of view)
2. If you have million dollar today to work on blockchain technology what business would you get into to get appropriate profit in near future?(Of course excluding those exchange of cryptos)
   P.S: You are not a tech company and just want to enter in the field.

I have an idea, it's not particularly new. I think git code sharing could integrate very nicely with blockchains.

I think it could be done elegantly without modifying the git protocol at all, just as an optional superset (like Github) to provide forks, PR and discussion.

Something like:

• smart contract based system
• something like lightening network for off master chain pushes
• local node hosting all obtained versions of code, something like PNPM meets zeronet
• cloning/pushing over DHT with web torrent.
• client key pairs for collaboration and authentication

Do you guys think it could be done? Thoughts? Ideas? Criticisms?

Would anyone be interested in working on something like this? I'd like all the help I can get and any input people have.