The cover story of this month’s issue of WIRED magazine is “Paradise at the Crypto Arcade: Inside the Web3 Revolution” by Gilad Edelman. We interviewed Gilad about Web3 a couple months ago, and this week, we revisit that conversation.

Web3 is the latest internet buzzword which encompasses an egalitarian vision of the web that's more reliable, based on trust, and, inevitably, built on the blockchain. This plan for the future is being pushed by startups, venture capitalists, and Silicon Valley bigwigs, all of whom stand to make some sweet, sweet cryptocurrency from a new breed of web app that takes the power from the platforms and puts it back in the hands of the people.

Gilad joins us to talk about whether the reality of whatever Web3 becomes will ever live up to Silicon Valley's rosy vision of it.

Gadget Lab will be back next week with a brand new episode.