R3•August 18, 2022•By: Peter Li
The debate on where blockchain technology is heading is endless. The latest hype landed at a blurry and vague term of web3. In this article, I do not wish to explain if web3 really has the value it claims or if it is a total BS, rather, I would like to focus on what blockchain, the backbone under all these applications, is meant to do, and what is its current limitation.