Edward Snowden, the well-known whistleblower, and Gavin Wood, founder of Polkadot, disputed how Web3 may assist society in moving away from core concerns of trust.
During a major conversation on the future of the decentralized internet at the BlockDown: DeData Conference, Wood claimed Snowden’s revelations helped highlight the importance of developing a new platform that will “eclipse” established authority-based technology.
Recognizing that the 2013 revelations spurred a “need for society to move away from these fundamental concerns of trust,” Wood said he contemplated coining the phrase “Post-Snowden Web” to describe this fundamentally different approach to inter-human contact on a global scale.
https://www.youtube.com/watch?v=nHhAEkG1y2U?feature=oembed&enablejsapi=1&origin=https://micky.com.au
Service providers will no longer need to be trusted
Wood expects that in 10 or 20 years, the future “massively multi-user application framework” – global services that we collectively refer to as ‘Web’ – will offer us with “de facto” guarantees.
According to Wood, what was missing in the “pre-blockchain, pre-peer-to-peer world,” which was centered around a trusted authority providing a service, was “hard guarantees on the rules that are open and transparent – that we can read, whether it’s in code, whether it’s in English–and a credible belief that they will be followed.”
Be on the lookout for exploitative tactics
“We had this incredible thing – the internet – that was provided to us,” Snowden said.
However, Snowden pointed out that there is a countervailing force that has exploited the internet – “they have welcomed it as a gift to themselves” – to the exclusion of everyone else, referring to powerful central organizations.
The same behavior, Snowded said, is starting to corrupt the blockchain landscape.
He said we are now witnessing a lot of projects that are being manipulated, or contorted, or bent, or reshaped, far fairer to the project’s investors than they are to the general public.
Image courtesy of Cointelegraph News/YouTube
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