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Spoiler alert: The future of Web3 is not blockchain

Coin Telegraph LogoCoin Telegraph14h ago

Spoiler alert: The future of Web3 is not blockchain - Coin Telegraph

Quick Summary:

What truly underpins decentralized systems is the verifiability of a transaction, not the precise order in which it happened relative to every other global transaction. Blockchain's growing pains are still on displayWhile Ethereum's Dencun upgrade sought to improve transaction throughput through "blobs," the core architecture remains tied to total ordering.

While blockchain solved the double-spending problem, it introduced its own architectural burden: the rigid fixation on total ordering, dictating that every transaction must wait its turn in a global queue, processed through a monolithic consensus mechanism.

While this is a necessary evolution, unfortunately, it's hard to see how that shift will be smooth, as too much capital, ideology and career risk is tied up in the legacy narrative. Many venture funds, DeFi protocols, and "Ethereum killers" are financially and reputationally invested in keeping the blockchain central.

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Article Details

Author / Journalist: Cointelegraph by Grigore Roșu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 16:00:00 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 767 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28925899

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 35 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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