The web3 stack: how web3 will offer superior UX than web2

The web3 stack — oversimplified


Well, that seems complicated even in its oversimplified form. But the end user will only need to care about applications & interfaces — which is no different to how web2 works.


There’ll be a wide variety of interfaces available to users. Think of these as the new “operating systems” or “browsers” for web3.


Ultimately — it’s all about applications. This is a critical requirement to users adopt web3 — better user experiences than web2, and ones that were simply not possible without web3. Everything depends on the innovations by application developers. I believe thus far the industry has been far too obsessed about blockchains and tokens, but I hope over time this is where all the activity, capital & innovation shift to.


The applications will live on execution layers, and the interface with interact with execution layers directly. I expect rollups & volitions to be the premiere execution layers where 90+% of all activity happens, but we could also have centralized, hybrid and sovereign monolithic chains. With a volition setup, we could have a hybrid scenario.


Security, consensus, or settlement — whatever one may call it, this is where execution layers will settle. Today, this is all people talk about, but in reality, the security layer will sink to the bottom as web3 gains mass adoption. Of course, this is the layer that’ll offer security, and a sound monetary asset anchoring the economy is critical. Fat protocol thesis applies, but as we attain global scale, I’d expect more value to be captured at the application layer.


There are two types of data that web3 execution layers will consume: available data and retrievable data. Data availability may be on the settlement layer, or outside of it, but the key criterion here is that they come with data availability guarantees. This is where all the valuable transactions will be “saved” for posterity.


Last, but not the least, we come to the social layer. It’s the social layer that gives settlement layer value, to build the entire web3 infrastructure upon. But really, we’ll have social layers at every step, with vibrant community-governed ecosystems at every layer.


It’s clear to me that the technology is all there to propel web3 to global ubiquity — it’s just a matter of implementation and maturity. Granted, that will take a few years, but the path exists. With modular blockchain architectures, we will have all the scalability and instant confirmations required in the coming years. It’s now all up to the interface and application developers to build elegant and compelling user experiences that’ll leave web2 users rushing to web3.



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Rants and musings on blockchain tech. All content here in the public domain, please feel free to share/adapt/republish.