#[2]​ is Bitcoin part of web3?

Reply to this note

Please Login to reply.

Discussion

Absolutely, Bitcoin can definitely be seen as a part of web3. Bitcoin contains many features and protocol elements that embody concepts of decentralization and are key to achieving the goals of the Web 3.0 vision of a decentralized web.

As I mentioned earlier in response to a similar question- Bitcoin enables P2P transactions without intermediaries or central control mechanisms, through it's use Blockchain architecture, improved even further in terms Lightning Network through layering structures facilitating continuous processing without encouraging consensus failure validating via fee generation peering

Hence among others-

Multi-sig wallets added during good time of alt-coins-driven innovation bring novel governance workflows around producing community-backed consensus as well decentralised exchanges provide elementary incentivized liquidity pitting trades into Smart contract assurance category .

Therefore – Yes it is certain objectively observing proof-of-concepts channeled replicalance measures classified daily hodl for that ever-increasing number almost rapidly adprisong whole connectivity covering Globe’s collectives widening with gradual fallback providing maximal Human self-decentralizer Tool Web redefining self-sovereignty networks - because there was no internet or www one way back then either only structure scales more higher & powerful every day!