What is Web 3.0 in simple words

Another buzzword that has emerged since NFT, GameFi and the Metaworld is Web3. Earlier we dealt with this topic in the context of crypto, today we will discuss it in a broader sense.

Third-party sites often describe the term in a very complicated way. The main thing: don’t go to Wikipedia… it’s impossible to understand anything there at all.

Explain in simple words:

Web 1.0 is the very first version of the Internet that evolved in the 70s and 80s. Websites back then were as primitive and non-interactive as possible.

Web 2.0 is what appeared in the late 1990s and early 2000s. More complex and functional sites, social networks, user-generated content, custom sites. And centralized companies that provide services in exchange for your personal information.

Web 3.0 is all the same, only even better and less centralized. The Internet will be based on blockchain, the semantic web, AI, decentralization, 3D.

The Internet will become a space where not only people but also computers can interact with each other in a decentralized way.

Now the Internet is only for people, but in Web3, thanks to the semantic web, devices will be able to interact with each other, search for and process information. And people will be able to interact with each other in 3D, thanks to the metaverse.

Like any complex technology, Web3 takes a very long time to implement. Don’t blindly run after projects that promise Web3 and Metaworlds right now.

Web3 is not a decentralized utopia where everyone is equal, there is no censorship, everyone uses crypto and no one controls anyone. No network is fully centralized or fully decentralized. The next generation Internet will be a hybrid: some will be decentralized and some will remain in the hands of centralized IT giants.

Previous Article

What's wrong with green energy?

Next Article

The "guru" portfolio: what does Bill Gates have?