[ad_1]
The founder of ConsenSys, Joseph Lubin, once again clarified his optimistic but cautious view of the future of the crypt. In an interview for the German T3N news portal, the co-founder of Etherum also expressed that blockchain technologies can redefine the future of technologies towards a more user-friendly orientation.
Web 2.0 vs. Blockchain or Web 3.0
According to Lubin's vision, today the famous Web 2.0 focuses on protecting the interests of content and technology providers. For Lubin, the current business model considers consumers as mere products. Blockchain technologies represent a revolution as they imply a necessary philosophical change in the business world:
"These Web2 business models are effectively under control and, as you know, they treat us like a product. They try to get a lot of information about us so they can charge more for the product. And they have found ways to use the evolutionary drives of man so that they can make us dependent on their system, so that they can sell us more often as a product. Blockchain, on the other hand, allows for a self-determined sovereign identity. We can write our identity on blockchain systems and control it on our browser side. Identity will become very important on the Web 3. "
For Lubin, it is still too early to talk about the possibility of implementing truly influential applications. Blockchain technologies do not yet have the necessary maturity for this type of development; however, he stressed that these advances are likely to occur in a "not too distant future":
"There are some projects moving in that direction, but it is extremely early in the development of technology, and we build thousands of components, blocks, tokens, protocols, exchanges, and tools for identity and reputation. In a not so distant moment, when these systems are sufficiently scalable, we will be able to build a decentralized social network".
Jose Lubin: the future looks promising, but it will take time
Several experts have considered blockchain technologies to be the most important technological breakthrough in the history of the Internet, but for Lubin it is important to note that although it took more than two decades for the Internet to have the level of social influence it has today Blockchain technologies may take longer because of its high level of complexity:
"Blockchain is growing exponentially: there are hundreds of projects that are already practical for people, and will allow people to build even more things that will be practical again, and that's how the web was developed. It will probably take a little longer because it is much more complicated. Also because we work with problems like digital money, Blockchain will penetrate society more than the Internet. Everything will be connected to the network in a Web3.0. "
ETH is "Much Better" than BTC
The interview ended with a small comparison between Ethereum and Bitcoin. As expected, the co-founder of Ethereum considers ETH a better choice than the "Crypto King". He also hopes that in the future the value of the token will be similar to that of Bitcoin:
"(ETH) is also cheaper and faster to carry values with it. It's much better than Bitcoin. I suppose it will be used much more than money … We expected it to stabilize at about the same amount of Bitcoin. "
Source link
