I'm obviously bullish on web3 - but I wish we'd call out b.s. arguments people make. On the BASE twitter space, someone was talking about "why decentralization" and the example they gave was "centralized DB's getting corrupted." What are the last 3 instances of that happening?

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

lol... that actually happened? Yikes.

Fair.

Decentralization helps prevent censorship, ensures integrity and availability. Centralized DBs get “corrupted” all the time — consider when Reddit’s admins rewrote posts on a subreddit they disliked. Decentralization is a key component of what makes crypto, crypto. If you aren’t decentralized, you’re not cr

🛝 building /urls • FID #5644 • urls.art

I don't really understand that logic though. Couldn't I just as easily point to any web3 related hack and say something similar? Or why not point to all the good use-cases of the millions of good "centralized" databases cases.

The point I'm hammering is that shitting on current tech makes no sense.

It doesn't have to be all or nothing. I think farcaster is a great example of that?

Golden State Warriors and Coachella were using FTX’s centralized DBs to store their NFT collection metadata

They can’t reroute baseURI either bc FTX was managing the contracts

If it happened in 2022 with industry leaders, then it can happen again in the future, potentially at greater scale