Leaving aside the discussions around PKI and necessary centralization in public/private key authentication I've seen this web3 debate a couple of times now.
It starts with "web3 is the second (third?) coming of the internet and will revolutionize everything".
If you ask for proof or use cases the very first comment is: "You can log into Twitter using a public/private key pair"
These are two very different statements. So even if you assume there is advantage in public/private key auth it is still nowhere close to an internet revolution.
Imagine the PostgreSQL team had praised the JSON data type as the revolution of the internet and disruption of all industries as we know it. It's a useful feature and it is used by a lot of companies but it has zero impact on everyday people. And Bloomberg and the Wall Street Journal are certainly not writing about it.
It starts with "web3 is the second (third?) coming of the internet and will revolutionize everything".
If you ask for proof or use cases the very first comment is: "You can log into Twitter using a public/private key pair"
These are two very different statements. So even if you assume there is advantage in public/private key auth it is still nowhere close to an internet revolution.
Imagine the PostgreSQL team had praised the JSON data type as the revolution of the internet and disruption of all industries as we know it. It's a useful feature and it is used by a lot of companies but it has zero impact on everyday people. And Bloomberg and the Wall Street Journal are certainly not writing about it.