Web5 Explained... By a Bitcoin Maximalist
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In this video, we're going to talk about Web3 vs. Web5.
Okay, I know what you guys are thinking, but let me explain. The name "Web5" is just a marketing gimmick and it has nothing to do with Web3 and all the innumerable shit coins that populate it.
In fact, Web5 is a new set of web protocols with no tokens, which intends to solve a very practical problem, the ownership of data and identity.
Now, what does this have to do with Bitcoin? After all, this is a strictly Bitcoin YouTube channel. Well, in this video I wanna explain to you what the Web5 thing is and how Bitcoin fits into all of it.
⏰ Timestamps ⏰
00:00 🟧 Introduction
00:34 🟧 The Ownership of Data and Identity
00:52 🟧 The Web today is Centralized
02:09 🟧 Web Centralization Problem #1: You Have No Free Speech
03:31 🟧 Web Centralization Problem #2: You Have No Property
04:14 🟧 Web Centralization Problem #3: There is No YOU
05:20 🟧 Web5: The Solution
07:15 🟧 Web5 Component #1: Decentralized Identifiers (DIDs)
08:29 🟧 Web5 Component #2: Verifiable Credentials
10:55 🟧 Web5 Component #3: Decentralized Web Nodes
12:21 🟧 The Role of Bitcoin
12:44 🟧 Money of the Internet
13:17 🟧 Secure the DIDs
15:57 🟧 Conclusion
🔗 Resources Mentioned In This Video 🔗
🟧 X-Sure Crypto Ticker: https://jle.vi/ticker
🟧 Web5: An Extra Decentralized Web Platform: https://developer.tbd.website/project...
🟧 My video about our project where we are developing a community node for Kwa-Meyi Sterkspruit: • Video
🟧 The Kwa-Meyi Sterkspruit Lightning Node: https://amboss.space/node/0271bb7131d...
🟧 Donate to our Kwa-Meyi Sterkspruit project on Lightning Network: https://6e4b2710ed.d.voltageapp.io/ln...
🟧 Donate to Kwa-Meyi Sterkspruit project on Bitcoin Layer 1: bc1qmx7g7pgvrpa4fxl5g5cut7r856lhu9r2zw9zaa
🟧 About ION: https://techcommunity.microsoft.com/t...
🟧 Learn more about Web5 by following @Pippellia on Twitter: http://jle.vi/Pippellia
🎥 Recommended Videos 🎥
🟧 What's the BEST Bitcoin Wallet?: https://jle.vi/whichwallet
🟧 Where to Buy Bitcoin - And Where NOT To: https://jle.vi/wheretobuy
🟧 The Top 26 Lightning Network Tools for Beginners to Node Operators: https://jle.vi/lightningtools
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