simont: A picture of me in 2016 (Default)

[personal profile] simont 2022-07-25 04:02 pm (UTC)(link)
Yes! Now you mention it, the repurposing of "crypto" is also very annoying. Especially to someone like me who spends a lot of time trying to do useful things with what I think "crypto" has meant all along.

I must admit "Web3" is new to me in this links post, and I was completely baffled by it because I thought surely it must refer to some kind of evolution in either the WWW protocols (HTTP and/or HTML) or in site design philosophy (similar to "Web 2.0"). How did the name get attached to something so unrelated to the web as cryptocurrencies?!
Edited (malapropism) 2022-07-25 16:03 (UTC)
hilarita: stoat hiding under a log (Default)

[personal profile] hilarita 2022-07-25 04:09 pm (UTC)(link)
It's meant to be an advance in philosophy, but the alleged philosophy and the actual don't even slightly match up, and really it's there as a marketing tool to draw the suckers in.
simont: A picture of me in 2016 (Default)

[personal profile] simont 2022-07-25 04:08 pm (UTC)(link)
But the confusion over "crypto" is less bad than the one over "blockchain" because at least nobody is hoping you'll conflate the two kinds of crypto. Cryptocurrency marketers don't care about us cryptography nerds who were already using the abbreviation, but at least they're not trying to weaponise us.

(That I've noticed.)