Web3: Rewriting Ownership Or Reinventing The Wheel?
Web3 is more than just a buzzword; it's a paradigm shift promising a decentralized, transparent, and user-centric internet. This next iteration of the web aims to address the limitations of Web2, dominated by centralized platforms and concerns over data privacy. But what exactly is Web3, and how will it revolutionize our online experience? Let’s dive into the core concepts, technologies, and potential impact of Web3.
What is Web3?
Web3 represents the evolution of the internet towards decentralization, blockchain technology, and a user-owned experience. It’s a vision where users have greater control over their data, content, and online interactions, moving away from the centralized control of tech giants.
Key Characteristics of Web3
Decentralization: Web3 applications (dApps) are built on d...