Julien Klepatch, Founder and CEO of EatTheBlocks, explains the advantages of getting into the Web3 world, building web applications with it, and its connection to Blockchain. They discuss the impact of crypto on web3 development and the importance of timing. The chapter also delves into the concept of Web3, content ownership, the differences between Ethereum and Bitcoin, and using APIs for web development.
Developers can integrate Web3 functionalities into their JavaScript applications by building frontend integrations using libraries and blockchain APIs.
Web3 allows for the retention of important aspects from Web2 apps, such as securely storing in-game assets on the blockchain to ensure ownership rights.
The Web3 community is actively working on improving user experience through concepts like smart contract wallets and scalability through solutions like Ethereum 2.0 and layer 2 blockchains.
Deep dives
Dash
I am picking Dash, a cryptocurrency that focuses on usability for everyday transactions. Dash is built on audited cryptography libraries and provides lightweight tools for developers to integrate cryptocurrency functionalities into their applications.
Harbor Freight
I am picking Harbor Freight, a store that offers a variety of affordable tools. While some tools may not be of the highest quality, they provide great convenience and an extensive selection of products for DIY enthusiasts and hobbyists.
Web3 and JavaScript
Web3 is the evolution of the web that introduces decentralized applications built on blockchain technology. For JavaScript developers, integrating Web3 functionalities can be done by building an integration from the frontend using libraries that allow interaction with smart contracts and utilizing blockchain APIs like QuickNode or Alchemy.
Web3 Concept Integration in Web2 Apps
The podcast discusses how Web3 concepts can be incorporated into Web2 apps, highlighting that certain aspects of Web2 apps can be put into the Web3 framework. For example, in a game, elements such as in-game assets that players have put effort into acquiring can be securely stored on the blockchain to ensure ownership rights. This integration allows for the retention of important aspects from Web2 apps in the Web3 ecosystem.
Improvements in Web3 User Experience and Scalability
The podcast mentions that the Web3 community is actively working on improving user experience and scalability. A major development in user experience is the concept of smart contract wallets, which will offer features like social recovery, enabling friends to help unlock wallets in case of lost private keys. However, there is still progress to be made to make the experience less clunky. Regarding scalability, different solutions, such as Ethereum 2.0 and layer 2 blockchains, are being explored to address the issue. The goal is to achieve high transaction speeds and scale to thousands of transactions per second, ultimately making Web3 more efficient.
Julien Klepatch is the CEO and founder of EatTheBlocks. He joins the show to talk about Web3. He begins by sharing his past experiences and how he became a Software Developer. Additionally, he explains the reasons why developers should get into the Web3 world, its advantages, building web applications with Web3, its connection to Blockchain, and many more! Sponsors