UncategorizedWeb 3.0: The Next Generation of the Internet
Web 3.0: The Next Generation of the Internet
September 11, 2022
What is Web3?
Web 3.0 is a new next new iterationof the world wide web, and it promises to revolutionize the way we use it. With Web3 has.
Some of the biggest tech companies are already working on Web 3.0 technologies, and it is only a matter of time before they are released to the public. When they are, the internet will be changed forever.
How does Web3 work?
Web3 uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership or read-write-own.
Web3 key ideas
Decentralization – Internet control is distributed among users and developers rather than held by a centralized entity
Permissionless – everyone has equal access to participate in Web3, and no one gets excluded.
Native Payment Gateways – it uses cryptocurrency for all transactions instead of relying on banks and big tech as payment processors.
Goodbye big tech
We live in a centralized world where the internet is controlled by a few large companies that monitor most of what we see and do online. This concentration of power has led to concerns about data privacy, censorship, and other abuses of power.
Defying censorship
The post-pandemic internet is censored everywhere. For example, Facebook uses what they call “fact-checkers” that ultimately censor alternative thought or opposing political ideology. The use of shadow-banning has been in practice by Twitter in order to block a user’s content without them knowing.
Decentralized
In theory, Web3 can will create a censorship-resistant internet by making it possible to build decentralized applications that cannot be blocked by censors. For example, there are already blockchain applications or “Dapps” that allow users to access the internet without the need for a VPN or incognito mode.
promoting Understanding Instead of Division
Decentralized social media would be much more transparent, and users would be able to understand and change the algorithms if they so choose. In addition, decentralized social media would give users the ability to own their data — something that is not possible on current centralized platforms.
Web 3.0: The Next Generation of the Internet
What is Web3?
Web 3.0 is a new next new iteration of the world wide web, and it promises to revolutionize the way we use it. With Web3 has.
Some of the biggest tech companies are already working on Web 3.0 technologies, and it is only a matter of time before they are released to the public. When they are, the internet will be changed forever.
How does Web3 work?
Web3 uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership or read-write-own.
Web3 key ideas
Goodbye big tech
We live in a centralized world where the internet is controlled by a few large companies that monitor most of what we see and do online. This concentration of power has led to concerns about data privacy, censorship, and other abuses of power.
Defying censorship
The post-pandemic internet is censored everywhere. For example, Facebook uses what they call “fact-checkers” that ultimately censor alternative thought or opposing political ideology. The use of shadow-banning has been in practice by Twitter in order to block a user’s content without them knowing.
Decentralized
In theory, Web3 can will create a censorship-resistant internet by making it possible to build decentralized applications that cannot be blocked by censors. For example, there are already blockchain applications or “Dapps” that allow users to access the internet without the need for a VPN or incognito mode.
promoting Understanding Instead of Division
Decentralized social media would be much more transparent, and users would be able to understand and change the algorithms if they so choose. In addition, decentralized social media would give users the ability to own their data — something that is not possible on current centralized platforms.