Twitter CEO launching Web5 ??? Is Web3 DEAD already…

Aryan Singh
BlockTrain
Published in
2 min readJun 12, 2022

Twitter CEO Jack Dorsey launched a full attack on Web3 with his Web5 things…

A lot of people believe it is true, but mostly it’s a take on VCs and other people who directly support and make money from Web3. VCs invest in tokens so they usually get those at a price for /10th the price.

Roadmaps: https://blocktrain.info/roadmaps

Dev related: https://blocktrain.info/developer

Non dev related: https://blocktrain.info/non-developer

Hindi stuff: https://blocktrain.info/hindi

Chains: https://blocktrain.info/chains

Concepts: https://blocktrain.info/concepts

Defi: https://blocktrain.info/defi

This not only promotes bad projects, but also disturbs the ecosystem by bringing in scams — which we’ve all seen.

“(Web 2), (Web 3) -> (Web 5)” reads one slide in a Google Doc presentation shared by Dorsey that lays out his vision. “The Decentralized Web Platform (DWP) enables developers to write Decentralized Web Apps (DWAs) using Decentralized Identifiers (DIDs) and Decentralized Web Nodes (DWNs), returning ownership and control over identity and data to individuals ← We are calling this Web5.”

“This is really a conversation about what technologies are built to purpose, and I don’t think that renting block space, in all cases, is a really good idea for decentralized applications,” Brock told CoinDesk at its Consensus Festival in Austin. “I think what we’re pushing forward with Web5 — and I admit it’s a provocative challenge to a lot of the assumptions about what it means to decentralize the internet — really actually is back to basics. We already have technologies that effectively decentralize. I mean, bittorrent exists, Tor exists, [et cetera].”

“Moisture or no, suddenly we’re the chumps. Well, fuck it. We’re going to five blades,” the executive writes. “Sure, we could go to four blades next, like the competition. That seems like the logical thing to do. After all, three worked out pretty well, and four is the next number after three. So let’s play it safe. Let’s make a thicker aloe strip and call it the Mach3SuperTurbo. Why innovate when we can follow? Oh, I know why: Because we’re a business, that’s why!”

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