Where almost nobody can store and process the whole chain so everyone uses a centralized exchanges and a single company that provides an API to see what happened on chain?
In practice, web3 is just as centralized as web2, but with less privacy.
> almost nobody can store and process the whole chain
Maybe if you’re talking about Solana?
Projects that actually take decentralization seriously (like Ethereum) ensure that you only need consumer hardware to run your own node, and even an archive node with full history is attainable. Plus they have proposals in the works to prune old state.
>Projects that actually take decentralization seriously (like Ethereum)
Etherum that is centrally controlled and split after giant scam stole like half the tokens in a "bug", hence why we have pre-split etherum classic. The fact that you think etherum is decentrialized speaks volumes
you act as if everything about web3 has to be solved right from the starting gun to have any legitimacy :) there are many different competing consensus mechanism and the balance of trade-offs is still playing out.
In practice, web3 is just as centralized as web2, but with less privacy.