It really does feel a bit like the early days, for me. Bunch of strangers talking to each other in, generally, good faith. 'Course there were also tons of pop-ups, the banner would've taken an hour to download at that resolution... I like this more. lol
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I finally dipped my toes in and having a blast.
Just need to get Sync/Apollo/etc .. aka the BOYS to come and make some mobile apps and we're SET :)
Federation definitely feels like the next major stepping stone of the internet's evolution. Protocols like ActivityPub and Matrix feel like a bit of a "new beginning" for communities on the internet.
Proof of Stake will keep actual resource costs maintainable, and Blockchain does do some cool stuff for decentralization, and therefore federation. Right now Lemmy instances are tied to DNS. Hopefully in the future they will be tied to cryptographic assets. Distributed Autonomous Organizations are a great example of the potential.