Nas Academy Profile picture
Feb 23 7 tweets 2 min read
Is Blockchain a fad? Can Web3 problems be solved? Share your thoughts on this⬇️

📌nasacademy.com/blog/article/p…

#web3 #developer #crypto #Blockchain
A) Development. Blockchains have different architecture and underlying tech. To put this in perspective, you can write smart contracts for Ethereum in a language called ‘Solidity.’ For a similar development in Solana, one needs to learn ‘Rust.’ For Tezos, it is ‘Michelson.’
B) Interoperability. The ability of one Blockchain to talk to another. Currently, due to lack of interoperability, assets on one Blockchain cannot be used on the other.
C) Scalability. Scalability trilemma says that out of security, decentralization and scalability, only two aspects can be chosen at a given point in time. To solve this, many blockchains evolved as L2 or layer 2 solutions for Ethereum.
D) UX/UI. Web 2 companies like Facebook and Google made the user journey is as smooth as possible. Now compare this with Web 3 counterparts. You might have to check out a video or a tutorial to set up your MetaMask wallet.
E) Education. Web 3 is not just a technological innovation, it is a movement – an ideology of sorts. There are very rare people who understand this and approach Web 3 teaching from this lens.
F. Regulation. While the uncertainty around regulation subsides, it will be interesting to see the developments in this space. As a matter of fact, a total ban can be imposed but can never be executed.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Nas Academy

Nas Academy Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @nasacademy

Feb 24
What's the difference between blockchain and cryptocurrency, anyway?

📌 Read more: nasacademy.com/blog/article/b… Image
Cryptocurrency is a subset of the overall bigger picture of Blockchain. Currently, the immense euphoria around cryptocurrency often overshadows the immense potential of Blockchain technology.
Back in the mid-90s, when the internet was catching up, many adopters used to associate the internet with a single use case. For example, some people used the internet for online reading, so they thought of the internet as a source of information.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(