Will web3 reinvent the internet business?

LIKE SEEMINGLY everyone these days, Moxie Marlinspike has created a non-fungible token (NFT). These digital chits use clever cryptography to prove, without the need for a central authenticator, that a buyer owns a unique piece of digital property. Alongside cryptocurrencies such as bitcoin, NFTs are the most visible instantiation of “web3”—an idea whose advocates and their venture-capital (VC) backers hail as a better, more decentralised version of the internet, built atop distributed ledgers known as blockchains. Digital artists, celebrities and even the occasional newspaper have issued and sold them to collectors, often for hefty sums (the immaterial version of The Economist’s cover image fetched over $400,000).

Although it looked cryptographically sound like any other NFT, however, Mr Marlinspike’s token could shift shape depending on who accessed it. If you bought it and viewed it on a computer, it transformed into a poop emoji. After a few days the NFT was taken down by OpenSea, a marketplace for digital artefacts. This played into Mr Marlinspike’s hands. For his aim was not to raise cash but to raise awareness. His token showed that NFTs are not as non-fungible as advertised. And OpenSea’s reaction illustrated that the supposedly decentralised web3 has its own gatekeepers.

Read more
Veille-cyber

Share
Published by
Veille-cyber

Recent Posts

Sécurité des mots de passe : bonnes pratiques pour éviter les failles

Sécurité des mots de passe : bonnes pratiques pour éviter les failles La sécurité des…

1 semaine ago

Ransomware : comment prévenir et réagir face à une attaque

Ransomware : comment prévenir et réagir face à une attaque Le ransomware est l’une des…

2 semaines ago

Cybersécurité et e-commerce : protéger vos clients et vos ventes

Cybersécurité et e-commerce : protéger vos clients et vos ventes En 2025, les sites e-commerce…

2 semaines ago

Les ransomwares : comprendre et se défendre contre cette menace

Les ransomwares : comprendre et se défendre contre cette menace En 2025, les ransomwares représentent…

2 semaines ago

RGPD et cybersécurité : comment rester conforme en 2025

RGPD et cybersécurité : comment rester conforme en 2025 Depuis sa mise en application en…

2 semaines ago

VPN : un outil indispensable pour protéger vos données

VPN : un outil indispensable pour protéger vos données Le VPN, ou « Virtual Private…

2 semaines ago

This website uses cookies.