Web3: Reimagine Ownership Or Repeat Past Mistakes?
Web3. The future of the internet? A decentralized revolution? Or just another buzzword? The answer, as with most things, is complex. Web3 represents a potential paradigm shift in how we interact with the internet, promising greater user control, enhanced privacy, and new economic opportunities. But it also presents significant challenges, including scalability issues, regulatory uncertainty, and a steep learning curve for many users. Let's delve into the world of Web3 and explore what it truly means.
What is Web3?
The Evolution: Web1, Web2, and Web3
Understanding Web3 requires context. Let's briefly review its predecessors:
Web1 (roughly 1990-2004): The early internet, largely static web pages where users passively consumed information. Think read-only websites.
Web2 (roughly 2004-present)...