i am working for a company that is trying to do similar things, or at least, find a ways into making a revenue stream out of using shart contracts, i mean smart contracts, as a public data store for social networks

it is quite hilarious, and the saddest part is they don't realise that these database systems are a regression in terms of performance and cost efficiency and are thus entirely ineligible to be called potential means to protect freedom of speech

nostr, on the other hand, cuts out that whole consensus replication cost and frees the hand of systems architects to come up with efficient ways to both replicate the data and prevent its constraint

they will all fully come over to this side once we have a monetisation mechanism in place, and that's the reason why i rail so much against this anti-auth, anti-private-relay attitude of a lot of the establishment of nostr

I can’t speak for the crowd but for me, Web3 encompasses the suite of new tech that prioritize decentralized self-custody of data and currency (like Bitcoin), transparency of transactions (like smart contracts), and semantic-search tools (like AI language modelers). The combination of these elements isn’t exactly compatible with the web2 way of doing things, but people are starting to understand why web3 is better than web2 and are building toward it every day.