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LibreWeb: ๐ Decentralized Internet
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It's definitely the latter. The sites it renders are just markdown files stored on the IPFS network. I don't think it can render HTML let alone a modern web app on the internet
I do love markdown files myself, so a browser-side parser is very interesting. Definitely skips some Jekyll/Hugo exports ๐
Limiting that feature to IPFS is sort of one sided for my taste, though.
For now it's a WIP project by one of the creators of Mbin