Is it just math keeping Web3 from happening or something else?

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It seemed straightforward to me that a web3 worth a damn would do two things- Abstract computing resources and protocols to recreate web2 in decentralized form Create a currency that is beyond any state’s control I assumed this would come with some computing overhead at first, something that would eventually be made moot with ASICs once it became popular. I assumed the currency would be closely tied to the cost of computing resources and that would compel people to rent their computers out to the network as nodes. If this were possible it should have happened by now. I’m starting to wonder if it’s the math (maybe centralization will always win) or if other forces are at work.   submitted by   /u/Party-Amphibian-2681 [link]   [comments]