World are going to WEB 5.0? What is WEB 5.0?

[Tapu13]

Being developed by Dorsey’s Bitcoin business unit, THE BOOK HEAD(TBH), Web 5_0 is aimed at “bulidingan extra decentralised web that puts you in control of your data and identity”.
Taking about the idea on its website, the TBH says: “The web democratized the exchange of information, but it's missing a key layer: identity.

We struggle to secure personal data with hundreds of accounts and password we can't remember. On the web today, identity and personal data have become the property of third parties”.

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[tadamichi]

Don’t let the name confuse you, it’s just trying to mock web 3.0. Jack dorsey and his company is trying to build some kind of decentralized web, that gives you self custody over your data. How this will actually work in practice, idk yet.

[mk4]

It seems to be a totally serious project, but the web5 thing is just mockery. (and I assume for the publicity, as journalists are writing about it)



https://twitter.com/jack/status/1535636345065979904

[NotATether]

What the heck, we haven't even got a working Web 3.0 yet.

That is, all service providers of email, social media, & streaming all have to move their data to a public blockchain for it to take off. We all know the chances of companies moving their data into the public is nil.

[DrBeer]

Don’t let the name confuse you, it’s just trying to mock web 3.0. Jack dorsey and his company is trying to build some kind of decentralized web, that gives you self custody over your data. How this will actually work in practice, idk yet.

I'll be brief - another round of making money on people's paranoia
Tell me - your private data, what is it? Full name, passport details, insurance number, residential address, bank details?
All this data, no matter how you store it, you can still get it! Yes Yes ! Do you know why? Because it's data to USE! You can’t show your passport to a police officer, for example, and then hope that he will “unsee” your data. You cannot order delivery from an online store without specifying your residential address, you cannot hide your insurance number when you call the hospital and you MUST give your insurance number. You cannot hide your face if hundreds of cameras are filming you at intersections, in the subway, and in shops! Well, the most important question - does everyone really think that their data is the most valuable thing for all the criminals in the world? Well honestly!?

PS No, my answer does not mean that your documents should be lying near your door outside the apartment / house

[bitmover]

Web 5_0 is aimed at “bulidingan extra decentralised web that puts you in control of your data and identity”.

The crypto space in one line.

People are completely lost and just use random buzzwords without knowing their meaning

Web 5 is just a mockery about web3, which doesn't exist

A brief history of the web:

Web 1.0:
Static webpages, such as geocities. From 1990 to 2004.
 That web phase is also known  as "read only web"

Web 2.0
Since 2004 until today (yeah, we are on web 2)
Read-write web.
It growed with social media platforms where everyone can share content and read and write on the web. Main name is Facebook.
There is a great problem with centralization and ownership of personal data

Web 3
Is related to decentralized app, and ia still in development.  Ethereum and bitcoin are the main names.
Read-write-own

More details here:
https://ethereum.org/en/web3/

[tadamichi]

You can’t show your passport to a police officer, for example, and then hope that he will “unsee” your data. You cannot order delivery from an online store without specifying your residential address, you cannot hide your insurance number when you call the hospital and you MUST give your insurance number. You cannot hide your face if hundreds of cameras are filming you at intersections, in the subway, and in shops!

Exactly, thats why i dont get what difference a DiD should make. But the problem here is how data is being stored and left vulnerable to criminals, companies, governments forever. The individual has almost no measures of protecting itself against this anymore. I dont get how Jack Dorsey wants to change that.

Well, the most important question - does everyone really think that their data is the most valuable thing for all the criminals in the world? Well honestly!?

Nah, but it becomes a problem once you get targeted specifically, and then no one can help you.

[dark1234]

web_5 in fact still doesn't exist and what has been stated is clear as what the forum members said above is just a mockery because now we are still in web_3 which incidentally is still in the process of being developed to be even better
and in the current year we can see a lot of web 3 projects popping up which is mainly to develop a truly decentralized world

[Apocollapse]

We struggle to secure personal data with hundreds of accounts and password we can't remember. On the web today, identity and personal data have become the property of third parties”.

You mean to let someone you didn't know who they're to collect your data and you trust them about all of your data to them? That's really bad idea, how it's different with you share your real name, bank account, your location, your ID number etc to anyone. You shouldn't and never trust anyone to secure your any personal information since there's no guarantee they will secure your data, they can easily backdoor you to use your data for online loan etc. Until debt collectors knock your door and ask you to pay some exact amount, you'll regret it.

Moreover currently Web 3.0 is still on developing and it's seems like a nothing difference like scam dapps that already exist since 2017.

[arwin100]

Being developed by Dorsey’s Bitcoin business unit, THE BOOK HEAD(TBH), Web 5_0 is aimed at “bulidingan extra decentralised web that puts you in control of your data and identity”.
Taking about the idea on its website, the TBH says: “The web democratized the exchange of information, but it's missing a key layer: identity.

We struggle to secure personal data with hundreds of accounts and password we can't remember. On the web today, identity and personal data have become the property of third parties”.

Web5 is far to happen since we are still starting up to use web3 maybe those people building up the discussion about this is just mocking up and want to have fun on this then see what people's reaction towards the idea they want to implant on the minds of the people. For now lets see if this web3 would truly succeed because if this could really bring good result for sure the 4 and 5 will come up and by that time its more realistic to discuss about such things in future.

[DrBeer]

You can’t show your passport to a police officer, for example, and then hope that he will “unsee” your data. You cannot order delivery from an online store without specifying your residential address, you cannot hide your insurance number when you call the hospital and you MUST give your insurance number. You cannot hide your face if hundreds of cameras are filming you at intersections, in the subway, and in shops!

Exactly, thats why i dont get what difference a DiD should make. But the problem here is how data is being stored and left vulnerable to criminals, companies, governments forever. The individual has almost no measures of protecting itself against this anymore. I dont get how Jack Dorsey wants to change that.

You see, the fact is that in all this there is a huge, insoluble, internal contradiction. Now I will explain. For example, your passport. In fact, this is not your passport This is some kind of not very secure document that the state issues to you based on previous information (your citizenship, your parents, whose surname you inherit, date of birth, etc.). You can’t make a passport for yourself and call yourself Ivan Mgooogone Kurasawa Zibelmanshucher - right? Therefore, the state centrally determines this data and confirms that you are the owner of this document. And a passport was issued to you, not for you to bury it far in the forest, deep in a hole. And in order to provide, when finding a job, obtaining a loan, buying real estate, etc. Those. these data have been deanonymized by the judge herself. I understand that there may be a potential problem, such as data leaks, from some social network where your name and your photos are, possibly very private or spicy content, and you do not want to show them to everyone, but only to a small group of your friends. But technology will not solve this problem for you. If you transfer information somewhere, outside your laptop, the site you entrusted becomes the actual owner. Any encryption will not help. In order for this information to be seen by those to whom you want to show it, you must provide them with a key to decrypt the data. Whether it's manual or automatic, it doesn't matter. Everything, the whole system collapsed. The person to whom you gave the key can lose it, transfer it to a third party, ...
Or here is your medical record, data, where is the history of what, when they were ill, how and by whom they were treated, etc. But it is also not secret, it is available by default - to an insurance company, a hospital, an ambulance, (God forbid, of course, this is just a list of possible situations) ...
And your financial details, if you are not a drug dealer, are known to the tax, insurance, bank where you have an account, and even to a dealer selling you a car in installments!
 
To summarize: all these systems of anonymity are nothing more than a game on paranoia or on gullible people.

[TheNineClub]

Being developed by Dorsey’s Bitcoin business unit, THE BOOK HEAD(TBH), Web 5_0 is aimed at “bulidingan extra decentralised web that puts you in control of your data and identity”.
Taking about the idea on its website, the TBH says: “The web democratized the exchange of information, but it's missing a key layer: identity.

We struggle to secure personal data with hundreds of accounts and password we can't remember. On the web today, identity and personal data have become the property of third parties”.

Not gonna go into name trolling of web5, but they are on point when trying to adress the issue of data security and privacy. That seems to be the only thing anyone is talking about (regarding the internet) these days, and it really is a pressing question. But I kinda doubt that this can be done by decentralisation, I would rather think that more government regulations would better work for this issue. But then again, we don't really know how it will work or what in fact it really is.

[Hydrogen]

It says WEB5 but I would guess HTML5 is what they're referring to. If only as HTML5 encompasses everything purported emerging WEB technologies aspire to be.

Some claim NFTs are founded upon the greater fool theory. But it is possible that many recent tech unveilings subscribe more to greater fool theory than NFTs do.

Web 3.0 and metaverse are strongly entangled enough that the fate of one could define the other.

Jack Dorsey isn't seriously designing or building anything I would guess. He's only commenting and building his follower count.

[lixer]

So web 5.0 is just the same as web 3.0 with only a little difference and that is the "extra" decentralization. That may be important to those who are too conscious about their privacy but for me im already contented on what web 3 has to offer but im wondering why will they jump to web 5.0 in an instant when there is still web 4.0? Are they trying to copy the internet technology that we have now which is 5g? But even that, there's also a 4g internet before 5g came out.

On the web today, identity and personal data have become the property of third parties”.

This is the sad reality and there are reports that our identities/data's are being sold by these third-party companies but what can we do? We already agreed on their terms and conditions the moment we signed up and use on their platforms. It's also our fault anyway.

[Fortify]

Being developed by Dorsey’s Bitcoin business unit, THE BOOK HEAD(TBH), Web 5_0 is aimed at “bulidingan extra decentralised web that puts you in control of your data and identity”.
Taking about the idea on its website, the TBH says: “The web democratized the exchange of information, but it's missing a key layer: identity.

We struggle to secure personal data with hundreds of accounts and password we can't remember. On the web today, identity and personal data have become the property of third parties”.

It's a gimmick. People trying to come up with the next latest and greatest trend by starting with a "catchy" name then coming up with the concept later on. Nothing they're saying is groundbreaking or new, in fact privacy has come into heavy focus in more recent years with countries like the EU coming up with GDPR to protect personal information - in a way what they are saying is wrong. Third parties can be forced to delete private information if they hold it on EU citizens and America is coming up with similar strong consumer protections. Encryption is increasing and improving year after year, as long as it is applied properly it works well, people just need to be wary about the companies they use - but even then unknown day zero day exploits can pop up to create vulnerabilities.

[Oluwa-btc]

It seems to be a totally serious project, but the web5 thing is just mockery. (and I assume for the publicity, as journalists are writing about it)



https://twitter.com/jack/status/1535636345065979904

Not really, Jack also partook in today's Web 5 Space two hours ago. Not really a bad project , focus was on data, identify, and  defining what ownership and collaboration should look like in the digital age.
https://twitter.com/kelseyhightower/status/1537892312579051522?t=emyYud5lcjM87zYFBGBZZA&s=19

Didn't have a full grasp of everything coz I joined the space late, and also having issues listening to the recordings after the space.
Taking a look wouldn't be bad into Web 5.

[blockman]

I have read someone's opinion about web 3 and he said that it's just like a bs thingy that is making those developers richer because of the apps that they do on this surface.
It's just the typical ico but in a better version and you can't notice it because it has just changed the name and as well as the scheme but they're near to each other. And with the web5, well people are going too far already even though we're not done with web3. Is there even going to have a web4?

[darxiaomi]

Maybe can be because Valve cant count to 3 and WEB developers cant count to 4  .

So cane we say WEB 4.0.... "I want to belive".

I dont know if we have here Half Life boys. If dont the joke dont made any sense hahahaha.

Joke asides i think its just bragering.

[Disruptivas]

The only thing I've seen is some discussions about web4, in terms of VC and AR development, something like what Meta has been doing.

In this sense, it would be an evolution in terms of adding the body to the web, both with hardware that allows immersive experiences, and digital experiences that allow people to feel things in their bodies. I think it's a natural evolution of web3, but it's a different paradigm from the one that has been driving web3.

[ElmedoRator]

Some people are taking advantage of things that are of interest to people to spread myths that do not exist. In fact, technological interest for the transition to Web 3.0 is still a challenge for developers when there is no specific product that brings high usability. It is like someone giving me a piece of candy and forcing me to eat it even though I neither knew nor understood why I would have to.

[vv181]

The Web5 that Jack Dorsey endorsed is not far from features like decentralized identifier and decentralized web platform, which people were already trying to build even if we don't mention either web3 or web5. There is a decentralized identifier that is already built with bitcoin called ION, which TBD also mention within their web5 project indroduction. All else also applies with the decentralized web/platforms.

While there is no such distinct difference between what web5 and web3 trying to achieve, we will see how TBD will build their platforms.

[Theones]

The Web5 that Jack Dorsey endorsed is not far from features like decentralized identifier and decentralized web platform, which people were already trying to build even if we don't mention either web3 or web5. There is a decentralized identifier that is already built with bitcoin called ION, which TBD also mention within their web5 project indroduction. All else also applies with the decentralized web/platforms.

While there is no such distinct difference between what web5 and web3 trying to achieve, we will see how TBD will build their platforms.

I tried to search about web 3 - but I didn't get the idea what web3 is.
Can someone explain to me is easy words what actually web3 it. I read about web5 thought I am not sure about web 3. Hope you don't find my question silly.
Thanks

[LodisMcguire]

It seems to be a totally serious project, but the web5 thing is just mockery. (and I assume for the publicity, as journalists are writing about it)



https://twitter.com/jack/status/1535636345065979904

Not really, Jack also partook in today's Web 5 Space two hours ago. Not really a bad project , focus was on data, identify, and  defining what ownership and collaboration should look like in the digital age.
https://twitter.com/kelseyhightower/status/1537892312579051522?t=emyYud5lcjM87zYFBGBZZA&s=19

Didn't have a full grasp of everything coz I joined the space late, and also having issues listening to the recordings after the space.
Taking a look wouldn't be bad into Web 5.

If so,what's the difference to web 3.0 then? Is it for the sake of better name and assumption of better usability? Even now,web 3.0 is still in development and we don't see any solid feature that make it better from the web 2.0 that we use now.For now,just wait and don't jump to this kind of bs project with no certainty.

[mm2543363580]

If so,what's the difference to web 3.0 then? Is it for the sake of better name and assumption of better usability? Even now,web 3.0 is still in development and we don't see any solid feature that make it better from the web 2.0 that we use now.For now,just wait and don't jump to this kind of bs project with no certainty.

If there are rumors of web 5 then something is surly coming up. The web is making so much development and the things are beyond our imagination.
But I agree to the OP - the data of the person is in third party hand. We are so much exposed to the other parties that we have no idea. Has anyone watched Snowden?