29/11/2022
This video is brought to you by Voltage. To build your own, enterprise-grade lightning node and contribute to Bitcoin decentralization, visit https://jle.vi/voltage !
Join this channel to get access to perks:
https://www.youtube.com/channel/UC4saKkqAn0znKTxttpyQWZQ/join
Pick up your very own X-SURE Crypto Ticker by visiting https://jle.vi/ticker
In this video, we're going to talk about Web3 vs. Web5.
Okay, I know what you guys are thinking, but let me explain. The name "Web5" is just a marketing gimmick and it has nothing to do with Web3 and all the innumerable s**t coins that populate it.
In fact, Web5 is a new set of web protocols with no tokens, which intends to solve a very practical problem, the ownership of data and identity.
Now, what does this have to do with Bitcoin? After all, this is a strictly Bitcoin YouTube channel. Well, in this video I wanna explain to you what the Web5 thing is and how Bitcoin fits into all of it.
β° Timestamps β°
00:00 π§ Introduction
00:34 π§ The Ownership of Data and Identity
00:52 π§ The Web today is Centralized
02:09 π§ Web Centralization Problem #1: You Have No Free Speech
03:31 π§ Web Centralization Problem #2: You Have No Property
04:14 π§ Web Centralization Problem #3: There is No YOU
05:20 π§ Web5: The Solution
07:15 π§ Web5 Component #1: Decentralized Identifiers (DIDs)
08:29 π§ Web5 Component #2: Verifiable Credentials
10:55 π§ Web5 Component #3: Decentralized Web Nodes
12:21 π§ The Role of Bitcoin
12:44 π§ Money of the Internet
13:17 π§ Secure the DIDs
15:57 π§ Conclusion
π Resources Mentioned In This Video π
π§ X-Sure Crypto Ticker: https://jle.vi/ticker
π§ Web5: An Extra Decentralized Web Platform: https://developer.tbd.website/projects/web5/ -an-extra-decentralized-web-that-puts-you-in-control-of-your-data-and-identity
π§ My video about our project where we are developing a community node for Kwa-Meyi Sterkspruit: https://youtu.be/gIC34yNTcdA
π§ The Kwa-Meyi Sterkspruit Lightning Node: https://amboss.space/node/0271bb7131d6acc53fdaf7e842286b7bc7159ccdddc5cd4a289b2726b97157f593
π§ Donate to our Kwa-Meyi Sterkspruit project on Lightning Network: https://6e4b2710ed.d.voltageapp.io/lnurlp/1
π§ Donate to Kwa-Meyi Sterkspruit project on Bitcoin Layer 1: bc1qmx7g7pgvrpa4fxl5g5cut7r856lhu9r2zw9zaa
π§ About ION: https://techcommunity.microsoft.com/t5/identity-standards-blog/ion-we-have-liftoff/ba-p/1441555
π§ Learn more about Web5 by following on Twitter: http://jle.vi/Pippellia
π₯ Recommended Videos π₯
π§ What's the BEST Bitcoin Wallet?: https://jle.vi/whichwallet
π§ Where to Buy Bitcoin - And Where NOT To: https://jle.vi/wheretobuy
π§ The Top 26 Lightning Network Tools for Beginners to Node Operators: https://jle.vi/lightningtools
β€οΈ LIKE THIS VIDEO? β€οΈ
βΆοΈ Subscribe to the channel
βοΈ Write a comment below!
ππΏ Like this video
π Turn on Notifications
β‘οΈ Send me a tip on Lightning Network: [email protected] / on Strike / LNURL1DP68GURN8GHJ7MRW9E6XJURN9UH8WETVDSKKKMN0WAHZ7MRWW4EXCUP0DFHKUCT5DPSKUCTVV4MXJ88W0J8
This video is brought to you by Voltage. To build your own, enterprise-grade lightning node and contribute to Bitcoin decentralization, visit https://jle.vi/...