The internet has evolved dramatically since its inception. Across the range from static to dynamic pages/websites, the digital world has experienced a deep change. However, the next step for the web, the “Web3”, is to be the most disturbing revolution to date.
Web3 is a developing concept of the internet which has the power to liberate users not only from, but to own digital assets as well.
Deconditionally, based on decentralized technologies, Web3 is an idea in which, in principle, the power to break free from the current centralized control of the internet is intended for the users. In this article, we’ll explore what Web3 is, how it works, and how it connects with cryptocurrencies.
Web3 is the third generation of the internet, and usually called “the decentralized internet. Different from Web2, which relies on the tightly confined data storage and management of Web2 companies (e.g., Facebook, Google, Amazon) to a great extent, Web3 is based on blockchain…
