create account

What Are The Current Challenge Of Web3? by bhattg

View this thread on: hive.blog |  peakd.com |  ecency.com
hive-167922 · @bhattg ·
$9.76
What Are The Current Challenge Of Web3?
Technology is changing really fast around us and we are daily witnessing that. we do see how smartphones are chasing in the next versions from the year 2012 I have seen how the smartphone did change a lot in terms of technology. The thing most of us are still used to the web 2.0 social media platforms is Facebook, Instagram, Twitter, LinkedIn, TikTok, Reddit, etc.  These all top social media platforms are based on web 2.0 technology. Web 2.0 is a centralized system and you do have no control over your account and other things related to your account, whereas web 3.0 gives you the freedom to have full control over your account. 
 

<hr>

![Green Orange and Yellow Illustration Personal Finance Facebook Cover (1).png](https://files.peakd.com/file/peakd-hive/bhattg/242rMKxNKvNxTCWW31yNd6NGur7U59Rcuhgfgrap6ga2C3HJhPRPTmf3WTSNeWzgPfmCS.png)

<hr>

![](https://images.ecency.com/DQme1eL9v9d8qiTY2KdjUACLN5oMFzUQZP9Rpf8uvDhAnhH/hive_divider.png)



If web 3.0 is that useful then why it is not used that much worldwide? There are a few points that will surely cover a few things on that why web 3.0 is struggling against web 2.0. 

* ## Scalability:
  The features of web 3.0 are really great but still, it lacks many important things. Blockchain technology is slower as compared to traditional web 2.0 websites and other social media platforms. being decentralized is the main reason why they are slow as compared to traditional platforms. This is surely affecting the scale of web 3.0 technology, there are sure many web 3.0 application and project that is really doing great. #hive is the best example of that, there are millions of users are connected to this platform but still, but it is still not that popular. 
There are sure ways to scale web 3.0 but sure it is going to take some time. When it's all done sure there will not be that many use cases for web 2.0 applications and websites. 
   
![](https://images.ecency.com/DQme1eL9v9d8qiTY2KdjUACLN5oMFzUQZP9Rpf8uvDhAnhH/hive_divider.png)




* ## User experience: 
   A very large population is used of the web 2.0 not all can even properly use them and then how we do think they all are able to use web 3.0 technology websites and applications that easily.
Not all are ready to learn new things, I did try to introduce a few of my friends to web 3.0 social media which is #hive, but unfortunately, most of them are here anymore. They are kind of used to the web 2.0 platforms that much. I am kind of used to of this but it is not easy for new users. The developers are users trying their best to make them more user-friendly but not all the platforms are trying that I guess. Things are a bit complicated if you compare them with the other traditional platforms that we all are used to. The new users do have to learn a lot of new things if they do want to join any web 3.0 platforms, mostly all the things are new for them in the bringing. If you are a technical guy then sure things are really smooth for you for non-technical guys it is going to be hard for sure.    



![](https://images.ecency.com/DQme1eL9v9d8qiTY2KdjUACLN5oMFzUQZP9Rpf8uvDhAnhH/hive_divider.png)

* ## Regulation:

  There are no regulations (not everywhere) over web 3.0, the regulations are different per country. Recently Indian government introduced the crypto regulation bill 2022. the prices are so uncertain and volatile. There are no fixed regulations and actually, the thing is no one knows who is controlling this. If you do have the money you can dump and pump the price of any cryptocurrency. People are afraid to invest in crypto. Maybe there will be global regulation law for that in the future maybe which will help users to trust a bit more to the technology. After that surely we can't say that it is totally decentralized if it is being controlled by someone/organization. 
[List of Crypto Tax Guides by Country](https://www.reddit.com/r/CryptoCurrency/comments/tfjcis/list_of_crypto_tax_guides_by_country/), The government wants to control everything, but it is possible to control the entire web 3.0! The applications of blockchain are called decentralized applications (Dapps), you can check the list of Dapps from [dappradar](https://dappradar.com/rankings/protocol/hive) website. Yes there are many Dapps available and they all are currently doing really great but sure it is going to take some time for a major adoption. 



![](https://images.ecency.com/DQme1eL9v9d8qiTY2KdjUACLN5oMFzUQZP9Rpf8uvDhAnhH/hive_divider.png)


* ## Trust:
  we have recently seen a few cases this year where the companies get back corrupt in a few days, Now what? what about the user's funds? Users do have a lock of trust on the Daaps, if your funds are gone there is a very slight possibility to recover that. If you did transfer your funds to the wrong address may which doesn't even exist then your assets are gone boom and the internet is full of that no doubt about that (that is the case of the users).Most (majority) of the population is used to centralized systems, so it is going to be an issue after what happened in the last few months in the crypto industry it is harder to build up trust so easily. That is really going to be a bad impact on the new users for sure. 


  











![](https://images.ecency.com/DQme1eL9v9d8qiTY2KdjUACLN5oMFzUQZP9Rpf8uvDhAnhH/hive_divider.png)




  If you are new to the splinterlands game then feel free to join my referral 😁


[My splinterlands referral](https://splinterlands.com?ref=bhattg)



[few posts from my past that might be helpful for you.](https://sites.google.com/view/hivelinkshare/home/hive-links)



![](https://images.ecency.com/DQme1eL9v9d8qiTY2KdjUACLN5oMFzUQZP9Rpf8uvDhAnhH/hive_divider.png)

* 10 daily comments  ❌
* 5 k Hive Power to vote  (1,635 HP)❌
* Eceny Boost ❌
* Help others ✔️

wish me luck 😅

> [Img Src](https://pixabay.com/illustrations/design-2019-2018-to-reach-new-year-3754328/), edit via paint and canva.




Thanks a lot for staying till the end 😃🙏, let me know what you think.



*Never forget one thing you should be grateful for because what you have someone has a dream of that. So learn to be grateful. Be Thankful.🙏😀*



*Thanks a lot for being here, let me know what you think.*



![iu1.png](https://images.ecency.com/DQmPyP6WqtHh2PCNeiPVn2msLXyUBEEZmtPv4L3RRDYho9F/iu1.png)
















<center>







<table>
<tr>
<td>
<center><a href="https://discord.gg/bGmS2tE"><img src="https://images.hive.blog/DQmdthy4q4vyefBYmjMJtx7qHBmLnCfP2btiRPhRyc2U8hP/Indiaunited.png"/></a></center>
</td>
<td>
<center><a href="https://discord.gg/3NBKXJQSH8"><img src="https://cdn.discordapp.com/attachments/545735847962476557/906514669412446208/RNFetchBlobTmp_a79otr7107dfamcuuo2rzn.jpg" /></a></center>
</td>
</tr>
<td>
<center><a href="https://discord.gg/BehcrpgWHS"><img src="![nefooter.gif](https://images.ecency.com/DQmRsJumvd4V6DGi3Pz1U4cqJmGZ6cowSrPhSqaYMnTKmVZ/nefooter.gif"/></a></center>
</td>
<td>
<center><a href="https://discord.gg/w8C7fsM8nd"><img src="![hive.jpg](https://images.ecency.com/DQmVowEBvDuNDEV8EeFxRGs9F1KKrL2XMkicS35oTth5jLi/hive.jpg) "/></a></center>
</td>

</table>











![5edc4da06b60b614604440.gif](https://images.ecency.com/DQmPoJKapGN6Zb9djJ83SbBKfJ2BgtJS7NA5dn1uZuCYzDM/5edc4da06b60b614604440.gif)

<center>



***Thanks & Regards***

**@bhattg**
 ***-----Together we will make this a better place-----***

</center>

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bhattg/what-are-the-current-challenge-of-web3)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 291 others
👎  
properties (23)
authorbhattg
permlinkwhat-are-the-current-challenge-of-web3
categoryhive-167922
json_metadata"{"app":"leofinance/0.2","format":"markdown","tags":["web3","neoxian","india","contest","hive","crypto","technology","pob","leofinance"],"canonical_url":"https://leofinance.io/@bhattg/what-are-the-current-challenge-of-web3","links":["https://www.reddit.com/r/CryptoCurrency/comments/tfjcis/list_of_crypto_tax_guides_by_country/","https://dappradar.com/rankings/protocol/hive","https://splinterlands.com?ref=bhattg","https://sites.google.com/view/hivelinkshare/home/hive-links","https://pixabay.com/illustrations/design-2019-2018-to-reach-new-year-3754328/","https://discord.gg/bGmS2tE","https://discord.gg/3NBKXJQSH8","https://discord.gg/BehcrpgWHS","https://discord.gg/w8C7fsM8nd"],"image":["https://files.peakd.com/file/peakd-hive/bhattg/242rMKxNKvNxTCWW31yNd6NGur7U59Rcuhgfgrap6ga2C3HJhPRPTmf3WTSNeWzgPfmCS.png","https://images.ecency.com/DQme1eL9v9d8qiTY2KdjUACLN5oMFzUQZP9Rpf8uvDhAnhH/hive_divider.png","https://images.ecency.com/DQmPyP6WqtHh2PCNeiPVn2msLXyUBEEZmtPv4L3RRDYho9F/iu1.png","https://images.hive.blog/DQmdthy4q4vyefBYmjMJtx7qHBmLnCfP2btiRPhRyc2U8hP/Indiaunited.png","https://cdn.discordapp.com/attachments/545735847962476557/906514669412446208/RNFetchBlobTmp_a79otr7107dfamcuuo2rzn.jpg","![nefooter.gif](https://images.ecency.com/DQmRsJumvd4V6DGi3Pz1U4cqJmGZ6cowSrPhSqaYMnTKmVZ/nefooter.gif","![hive.jpg](https://images.ecency.com/DQmVowEBvDuNDEV8EeFxRGs9F1KKrL2XMkicS35oTth5jLi/hive.jpg) ","https://images.ecency.com/DQmPoJKapGN6Zb9djJ83SbBKfJ2BgtJS7NA5dn1uZuCYzDM/5edc4da06b60b614604440.gif"]}"
created2022-12-28 17:30:45
last_update2022-12-28 17:30:45
depth0
children10
last_payout2023-01-04 17:30:45
cashout_time1969-12-31 23:59:59
total_payout_value4.901 HBD
curator_payout_value4.855 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length7,497
author_reputation1,138,594,421,288,702
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,446,137
net_rshares26,541,427,293,000
author_curate_reward""
vote details (356)
@beerlover · 
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @bhattg, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Do you want to <a href='https://friends.beersaturday.com/'>win <b>SOME BEER</b> together with your friends </a> and draw the <code>BEERKING</code>.</p> </center><div></div>
properties (22)
authorbeerlover
permlinkre-bhattg-what-are-the-current-challenge-of-web3-20221228t174920957z
categoryhive-167922
json_metadata{"app":"beerlover/3.0","language":"rust","developer":"wehmoen"}
created2022-12-28 17:49:21
last_update2022-12-28 17:49:21
depth1
children0
last_payout2023-01-04 17:49:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length510
author_reputation25,782,713,665,946
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,446,598
net_rshares0
@dehai · 
This info is very helpful especially Im a newbie here! Yes thats true  many people still dont believed on Web 3..
properties (22)
authordehai
permlinkre-bhattg-20221230t63039105z
categoryhive-167922
json_metadata{"tags":["hive-167922","web3","neoxian","india","contest","hive","crypto","technology","pob","leofinance"],"app":"ecency/3.0.35-mobile","format":"markdown+html"}
created2022-12-29 22:30:42
last_update2022-12-29 22:30:42
depth1
children2
last_payout2023-01-05 22:30:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length114
author_reputation276,644,896,893,089
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,475,835
net_rshares0
@bhattg · 
thank you so much for your kind words. yes, the start is sure hard but once you are used to it then it seems very easy. Feel free to ask if you have any questions.  

!giphy great 

!PIZZA
properties (22)
authorbhattg
permlinkre-dehai-202314t221530691z
categoryhive-167922
json_metadata{"tags":["hive-167922","web3","neoxian","india","contest","hive","crypto","technology","pob","leofinance"],"app":"ecency/3.0.30-vision","format":"markdown+html"}
created2023-01-04 16:44:09
last_update2023-01-04 16:44:09
depth2
children1
last_payout2023-01-11 16:44:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length188
author_reputation1,138,594,421,288,702
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,612,416
net_rshares0
@hivegifbot · 
<center>https://media.tenor.com/CMB_0PElx8gAAAAC/frosted-flakes.gif
[Via Tenor](https://tenor.com/)</center>
properties (22)
authorhivegifbot
permlinkre-re-dehai-202314t221530691z-20230104t164421z
categoryhive-167922
json_metadata"{"app": "beem/0.24.26"}"
created2023-01-04 16:44:21
last_update2023-01-04 16:44:21
depth3
children0
last_payout2023-01-11 16:44:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length108
author_reputation38,192,557,766,504
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,612,420
net_rshares0
@ecency · 
Your content has been **voted** as a part of [Encouragement program](https://ecency.com/ecency/@good-karma/encouragement-program-continues-82eafcd10a299). Keep up the good work! <br><br>Use Ecency daily to boost your growth on platform! <br><br><b>Support Ecency</b><br>[Vote for new Proposal](https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B245%5D&approve=true)<br>[Delegate HP and earn more](https://ecency.com/hive-125125/@ecency/daily-100-curation-rewards)
properties (22)
authorecency
permlinkre-20221228t20813758z
categoryhive-167922
json_metadata{"tags":["ecency"],"app":"ecency/3.0.20-welcome","format":"markdown+html"}
created2022-12-28 20:08:12
last_update2022-12-28 20:08:12
depth1
children0
last_payout2023-01-04 20:08:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length478
author_reputation623,112,392,570,429
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,449,419
net_rshares0
@indiaunited ·
Indiaunited Curation 1672272199622
This post has been manually curated by @steemflow from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators. 

Here are some handy links for delegations: [100HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=179738.56640565745%20VESTS), [250HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=449346.4160141436%20VESTS), [500HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=898692.8320282872%20VESTS), [1000HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=1797385.6640565745%20VESTS). 

Read our latest [announcement post](https://hive.blog/hive-186042/@indiaunited/indiaunited-2-0-active-again-with-a-lot-more-energy-this-time) to get more information. 

[![image.png](https://files.peakd.com/file/peakd-hive/bala41288/46eaz12N-image.png)](https://discord.gg/bGmS2tE) 

<sub>**Please contribute to the community by upvoting this comment and posts made by @indiaunited.**</sub>
properties (22)
authorindiaunited
permlinkindiaunited-1672272199622
categoryhive-167922
json_metadata{"app":"hiveblog/0.1","tags":["web3","neoxian","india","contest","hive","crypto","technology","pob","leofinance"]}
created2022-12-29 00:03:24
last_update2022-12-29 00:03:24
depth1
children0
last_payout2023-01-05 00:03:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,255
author_reputation96,877,432,319,860
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,453,636
net_rshares0
@pixresteemer · 
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 137 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-136-and-start-week-137) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>11</sub></center>
properties (22)
authorpixresteemer
permlink20221228t174910109z
categoryhive-167922
json_metadata{"tags":["archon","pixresteemer"],"app":"pixresteemer"}
created2022-12-28 17:49:09
last_update2022-12-28 17:49:09
depth1
children0
last_payout2023-01-04 17:49:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length468
author_reputation121,302,387,704,000
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,446,594
net_rshares0
@poshtoken · 
https://twitter.com/1293040144648269825/status/1608156679807578112
<sub> The rewards earned on this comment will go directly to the people( @bhattg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
properties (22)
authorposhtoken
permlinkre-bhattg-what-are-the-current-challenge-of-web316572
categoryhive-167922
json_metadata"{"app":"Poshtoken 0.0.1","payoutToUser":["bhattg"]}"
created2022-12-28 17:43:39
last_update2022-12-28 17:43:39
depth1
children0
last_payout2023-01-04 17:43:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length265
author_reputation5,378,808,038,555,551
root_title"What Are The Current Challenge Of Web3?"
beneficiaries
0.
accountreward.app
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id119,446,490
net_rshares0
@sujitsawant · 
Very very important information you give one in your todays post my dear friend.
properties (22)
authorsujitsawant
permlinkre-bhattg-20221228t23154413z
categoryhive-167922
json_metadata{"tags":["hive-167922","web3","neoxian","india","contest","hive","crypto","technology","pob","leofinance"],"app":"ecency/3.0.35-mobile","format":"markdown+html"}
created2022-12-28 17:45:45
last_update2022-12-28 17:45:45
depth1
children1
last_payout2023-01-04 17:45:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length80
author_reputation44,805,674,529,735
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,446,520
net_rshares0
@bhattg · 
thanks for your encouragement bhai, 🎆🎇
properties (22)
authorbhattg
permlinkre-sujitsawant-20221229t871626z
categoryhive-167922
json_metadata{"tags":["hive-167922","web3","neoxian","india","contest","hive","crypto","technology","pob","leofinance"],"app":"ecency/3.0.30-vision","format":"markdown+html"}
created2022-12-29 02:37:03
last_update2022-12-29 02:37:03
depth2
children0
last_payout2023-01-05 02:37:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length38
author_reputation1,138,594,421,288,702
root_title"What Are The Current Challenge Of Web3?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id119,455,850
net_rshares0
Help/Feedback