I was at one Shill amd Grill X Space a few weeks ago, where web3 project ambassadors came to shill their products and the the panel of judges would grill them by probing them about the projects. It was there that I realised that not many have true understanding of what Web3 really is.
When Eric talked about InLeo and its prospects in that X Space, they disagreed with the nature of InLeo. They wondered just how one could simply come on to the platform, like on a Threadcast, and find the comments and activities of people on it. Apparently, they expected it to be encrypted and that only logged in users can view anything at all. What is true decentralisation without transparency, with certain aspects of the blockchain hidden? Eric wondered, and tried to buttress his point, only to no avail because they were more interested in running their microwave to fulfill the "grill" part of their show.
All that and many more that was discussed on that show made me realise that a lot of people just think that if something has blockchain technology and uses cryptocurrencies, then it is web3 and decentralised. Such a case that is vaguely understood is that of Ethereum. And you have provided a profound dichotomy between Ethereum and the true decentralized system like Hive.
What I do not understand exactly is how KYC affects the node operators and how it would be a problem, and in relation to Hive also. I couldn't quite understand it here.