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Web3: The future of the web

Web3: The future of the web

Jude Miracle's photo
Jude Miracle
·Mar 1, 2022·

3 min read

Introduction

You can't talk about web3.0 without talking about the evolution of the web. In this article, I write about how the web evolved from web1.0 - web2.0(the present) - web3.0 (the future), the major difference between web2.0 and web3.0

Evolution of the web

Web1.0

Web1.0 was the first generation of the world wide web (www). Web1.0 was minimalistic and simplistic. It is read-only, with only a select few actively creating content. The vast majority of users simply consumed static pages and content. Most websites were owned by companies and institutions. Most websites were just recreations of traditional print media which only give information to people through web pages without their participation.

Web2.0

With the introduction of web2.0, the web became more interesting. It offers users the ability to read, write, view, and upload content on various platforms. We share, connect, and communicate with each other across the globe. Web2 introduced us to frontend technologies like Javascript and backend technologies like PHP, which allow developers to program dynamic websites. User-generated content and social networking have created a new online age of creation and collaboration.

Web3.0

The introduction of web3.0 was brought in to solve some of the problems we face in web2.0. One problem is that most of Web2.0 is now controlled by a few Big-Tech corporations (central servers), and all user activity is monitored. Web3.0 solves this by removing intermediaries and giving people control over their own data and bouncing around the internet, creating a public record on the blockchain of all of that activity without worrying about being monitored or losing data.

To interact with Web3.0 applications which are often known as Dapps(Decentralized Applications), all you need is a wallet. This wallet contains your private key, which is used to sign transactions. Those transactions are then validated and processed by the blockchain. Each node holds a complete copy of all data stored on the blockchain. Once the data is verified, accepted, and written to the blockchain, it cannot be altered.

What makes Web3.0 different from Web2.0

Decentralization

Web3 applications or Dapps either run on a blockchain, decentralized networks, or many peer-to-peer nodes, a combination of the two that form a crypto-economic protocol. These are apps that allow anyone to participate without monetising their personal data. In web2 websites are own big tech companies that provide services in exchange for your personal data.

Secure

Web2.0 is currently stored on centralized servers. These servers can be accessed, altered or removed by any party that gains control of the server, including corporations, governments, or hackers. These parties can also deny access to services on their own authority, which may not be legitimate.Web3.0 allows Blockchain-related technologies like IPFS and distributed hash tables can form a content system that is much more difficult to block and more difficult to take down.

Permissionless and Trustless

Web 3.0 is trustless, the network allows participants to interact directly without going through a trusted mediator. Another way in which Web3 provides a more democratic approach is that there are no restrictions on who can be part of the network – neither users nor suppliers will require authorization from a governing body in order to participate. Services are available to everyone, and individuals can influence the networks based on the value they provide. You can be an investor, developer, or marketer and help the network succeed with your unique skills and output.

A big thanks to blockGames, NestCoin and Zuri. For providing me they platform to explore the web3 ecosystem.

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