Web3 Is Centralized (and Inefficient)

This page summarizes the projects mentioned and recommended in the original post on news.ycombinator.com

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  • otterscan

    A blazingly fast, local, Ethereum block explorer built on top of Erigon

    Things like otterscan that are a locally run instance of an etherscan like site are a step in the right direction, but there is still a lot to do in this regard for sure.

    https://github.com/wmitsuda/otterscan

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  • howmanyconfs.com

    How many confirmations are equivalent to 6 Bitcoin confirmations?

    I know exactly one legitimate use case for blockchain: a public ledger like bitcoin.

    The thing is that you don’t need more than this one online currency though, right? It’s also the safest in terms of PoW [1]. I don’t see any reason for all other altcoins to exist other than charting and trading on exchanges (which is certainly fun, but does not provide value).

    [1] https://howmanyconfs.com/

  • erigon

    Ethereum implementation on the efficiency frontier https://erigon.gitbook.io

    Not sure what you mean or expect, but pretending I mean assuming that is a question in good faith, then for EVMs, I would start with Erigon

    https://github.com/ledgerwatch/erigon

  • wiki

    Classic source for Truebit documentation (by TruebitProtocol)

  • welcome2web3

    To me the most damning thing said about web3 etc. to date is:

    https://github.com/cryptog0/welcome2web3#social-media-on-web...

    > The cost of storing information on the Blockchain is referred to as GAS and at the time of writting costs roughly $2 USD per 1kb of data. To put this into perspective, a high resolution photograph can be upwards of 4000kb, or $8,000.

    Even if this estimate is three orders of magnitude off, this idea is DOA.

  • pm

    Everything there is to know about Flashbots

    Front run + back run is sandwich. Front running has also been called miner extractable value. This is now called maximal extractable value.

    You may want to look a little further, or not.

    https://github.com/flashbots/pm

    '... mitigating the negative externalities of Maximal Extractable Value ...'

NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a more popular project.

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