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Lemmy and Mastodon feel like the real web3. (lemmy.world)

submitted 2 years ago by kiriakos@lemmy.world to c/lemmyworld@lemmy.world

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I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"

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[-] anders@rytter.me 4 points 2 years ago

@kiriakos @fubo One thing I think a platform like #Peertube needs to solve, which #LBRY does (because it uses a blockchain) is the financial incentive for content creators without ads because right now you can't really make money on Peertube. On LBRY you can because it features its own currency and on #Youtube of course but this is using ads. This is one of the advantages to using a blockchain. However LBRY's torrent like protocol for sharing video data is very slow and buggy which incentives the centralisation around odysee. The idea behind the project is great but not that well in practice if they don't make the protocol faster.

[-] Mustafa_Kulle@mastodon.social 1 points 2 years ago

@anders

As much as I like the idea of creating an incentive to make money by making videos, it's not good in practice. Youtube's quality has plummeted ever since it introduced adverts, content creators keep making videos with non content for the sake of it, on top of that, desperate sponsorships, which is irritating.

#Odysee uses blockchain but it is still in its infancy. It needs more time and money to be invested in it in order to grow. Right now there is no proper way to buy LBC credits.

[-] anders@rytter.me 1 points 2 years ago

@Mustafa_Kulle
True. Trading LBC could maybe be made more easy. As far as I know you have to buy or sell them on crypto exchanges at the moment which can be complicated for some.

[-] Mustafa_Kulle@mastodon.social 1 points 2 years ago

@anders

Yes. That is exactly the problem.
When I want to boost content on #Odysee I simply want to go to a credits page, buy them using a debit/ credit card and boost it.

At the moment, when you go to their FAQ pages, you will find there is no straight forward method to buy LBRY credits to boost your content. Which is annoying.

https://help.odysee.tv/category-wallet/balances/#lbc-boosting-content

I'm hoping it will get there someday. All we need is #patience