Web2's truth hinges on moderation—centralized gatekeepers decide what's verified, what's deleted, what counts. The authority sets the narrative.
Web3 flips this. Truth isn't handed down; it's computed. Consensus mechanisms, transparent ledgers, immutable records—the math speaks instead of the moderator. Everyone can audit, no one can censor unilaterally.
One system requires faith in institutions. The other requires faith in code. That's the fundamental shift.
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DaoDeveloper
· 4h ago
the thing is though—code has bugs too. we've all seen the exploits. so it's not really "no faith required," it's just faith in different gatekeepers wearing different hats
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Anon32942
· 4h ago
Well said, but code can also be deceptive; it all depends on who controls the computing power.
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LongTermDreamer
· 5h ago
Well, I've heard this argument too many times. Three years ago, it was said the same way... And now? Code can also be deceptive, it's just a different way to harvest profits.
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OnchainHolmes
· 5h ago
Basically, it's just switching fathers—going from trusting humans to trusting machines.
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AlphaLeaker
· 5h ago
Honestly, replacing manual judgment with code sounds great, but who will audit those auditors?
Web2's truth hinges on moderation—centralized gatekeepers decide what's verified, what's deleted, what counts. The authority sets the narrative.
Web3 flips this. Truth isn't handed down; it's computed. Consensus mechanisms, transparent ledgers, immutable records—the math speaks instead of the moderator. Everyone can audit, no one can censor unilaterally.
One system requires faith in institutions. The other requires faith in code. That's the fundamental shift.