Over the past 20 years, the Internet has changed the world and the lives of billions of people. And for most of us, not a day goes by without some kind of interaction with the Internet. Social media, online shopping, gaming and the World Wide Web have cemented a place in our entire lives, but they are always changing. Today, a new term is circulating, known as "Web 3.0" or (Web3). But what is Web 3.0, and is it very different from Web 2.0?
What is "Web 2.0"?
Before we discuss the new possibilities that Web 3.0 offers, let's discuss the type of Internet we all use today: Web 2.0, also known as the Social Web or the Social Web. Web), a version of the Internet focused on user-generated content and social media platforms, such as YouTube, Twitter, or Instagram. It is generally seen as the second stage of the Internet's development, after Web 1.0.
The term "Web 2.0" found its place in the technology industry in the early 2000s, after Tim O'Reilly, founder of technology publisher O'Reilly Media, discussed, Web 2.0 concept at a conference. Then it became a buzzword, as people imagined what kind of possibilities Web 2.0 could provide to humanity. O'Reilly defined the term "Web 2.0" as "the web as a platform", and later used terms such as "democracy" and "the social web" in its broad definition.
It is important to note that Web 2.0 is not a new type of Internet completely separate from its predecessor, Web 1.0. Instead, it describes a new or advanced way of using the Internet. Take cloud computing, for example. Web 2.0 emphasizes this technology, whereby users can instantly access online resources, such as computing power and storage space.
Think of it like this: What is used on the web today - mostly - on a daily basis is (Web 2.0). Millions of companies operate using the Internet, along with all the streaming and gaming services. There are also entire economies that exist within the confines of the Internet! The cryptocurrency market today also relies on the Internet to operate. But above all that stands social media, which has proven to be incredibly popular and influential in our modern world.
What is Web 3.0?
The term "Web 3.0" has seen a sharp rise in popularity and is generally used to describe a decentralized version of the Internet.
A decentralized network is the network in which there is no central authority controlling it. In other words, no person or group of people owns all the information and processing power within the network at any given time. Instead, it is decentralized and spread among multiple entities. This means that no one can control the network ecosystem or change it entirely on their own.
You may have heard the term “decentralization” in relation to cryptocurrencies and blockchain technology. This is because cryptocurrencies operate on a “blockchain” network, where each “block” in the chain contains records of many transactions.
These block chains provide transaction information to everyone within the network in the form of a Distributed Ledger. If a transaction is changed, removed or added within any particular block, the block will be rejected by the rest of the network, making it extremely secure and reliable.
It is this technology that can provide any network with high levels of transparency and security, and these features can certainly be beneficial for the Internet as a whole. Furthermore, decentralized networks do not have a central weakness through which the network can be disrupted, which means that the network cannot be brought down by an attack on the server or on a single node.
This aforementioned system opens the door for "Web 3.0" to enter, moving the Internet from the centralization of Web 2.0 to the decentralization provided by Web 3.0. Of course, the concept itself is not new, as it was first imagined over fifteen years ago by Jeffrey Zeldman, a major contributor to the development of both Web 1.0 and 2.0. But it is only now that the idea of a decentralized Internet is getting closer.
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