
Web3s DAO Governance: Promise Or Perilous Path?
Web3 is rapidly evolving from a buzzword to a tangible force, promising to reshape the internet as we know it. This new iteration envisions a decentralized, secure, and user-centric online experience, fueled by blockchain technology and driven by the principles of ownership and transparency. Let's delve into the intricacies of Web3, exploring its core components, potential applications, and the challenges it faces on its path to widespread adoption.
Understanding Web3: The Next Evolution of the Internet
Web3 represents a fundamental shift from the current Web2, which is characterized by centralized platforms controlling user data and content. Understanding the differences between Web1, Web2, and Web3 is crucial to grasping the potential of this new paradigm.
Web1: The Read-Only Internet
Th...