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Comment by Sevii

Web3 is about having your own private keys. It's not about decentralization, it's about having control over your digital identity. If I log into HN and make comments here, HN owns my identity. If I log into a web3 site and make comments there, I own the identity on that site.

Moving authentication to the user removes the need for 3rd party websites to store passwords. It eliminates the need to sign up for websites. You just give websites access to your identity. Decentralization is a feature of cryptocurrency.

Web3 is about owning your identity, which is enabled by people having their own keys.

parent Sevii 4 years ago

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