What Is Web3? The Decentralized Internet Of The Future Explained

WHAT IS WEB3

As social media has become an integral part of our daily lives, it is impossible to envision the Internet's future. The current shape of the Internet is explained by a brief look at the Internet's history, although some argue that the web needs to adapt to help us avoid some of the compromises we've made in recent decades.

THE WEB HAS ARRIVED!

This was the original version of the Internet, known as Web 1.0. In a sense, it was a bit like the Wild West or the Internet. The Internet back then looked and worked very differently than it does now. With hand-coded HTML and Server Side Includes or CGI scripts, only the most intrepid geeks were developing content, which meant that pages offered limited interactivity.

The process of finding websites also differed. The alternative is for web administrators to list their sites in directories instead. Listing, on the other hand, was subject to review and approval. It's common for people to click on every link on a web page to discover new and fascinating content. One approach to increasing traffic to your site or learning new areas of interest was through webrings, small directories with a specialized purpose.

INTERACTIVE WEB VERSION 2.0

In the wake of Web 2.0, there was a seismic shift. A component of the "participative social web" moniker comes from the ease with which people could discover, create, and engage with websites. Using comments on a page, site owners might communicate directly with visitors. Social media, which allowed people to communicate with each other without having to visit specialized websites regarding a given subject, was born out of this trend. When it came to discussing everything and everything, Myspace, Twitter, and Facebook allowed users to build their pages where they could post material.

When you upload a meal to your feed reader, you can receive fresh content from your favorite websites as soon as it is published. For example, RSS feeds were available for news websites and blogs. While RSS feeds are still around, social media's significance as a tool to stay on top of fresh content has relegated RSS to the background.

Web 2.0 has also seen a rise in the importance of search engines. To find what you're looking for on the Internet has never been as simple as it is today. Because of this, the web may now be used by anybody, no matter their level of technological proficiency. At this point, web admins who understood the importance of ranking well in search results began experimenting with SEO techniques.

With the advent of frameworks like AJAX and JavaScript, firms were able to create APIs that allowed others to use their technology. Thanks to APIs, the Internet was able to grow to a newer, more advanced state.

ADVANCEMENT TO WEB 3.0

As early as 2006, when the first rumblings of Web 3.0 emerged, the experts were already anticipating its arrival. Even if you don't know much about Web 3.0's underlying technology, you're probably familiar with many of its habits. As time went on, smartphones and their apps joined the fray. Over time, the gap between "desktop" and "mobile" operating systems and applications has narrowed. Thanks to the cloud, since the advent of broadband Internet, consumers have been able to do more with their browsers. Using Chrome as the sole operating system, Google even released a line of thin laptops that run on the company's browser-based Chrome OS.

In addition to blazing-fast connectivity, data storage necessitates enormous server farms. The majority of Amazon's earnings have come from renting server space to other companies, despite the company's reputation as an online marketplace. From anywhere globally, you may access your data with an internet connection. Be a result, Web 3.0 is referred to as a decentralized web.

Semantic markup is used to connect web services. This markup helps to bridge the gap between human language and computer language. This is because apps can now tell what information is significant using semantic markup. Thanks to semantic markup, many of the solutions to your questions can be found straight in the search engine results page.

Now that computers can grasp the essence of a situation, they are more intelligent than ever before. As a result, cameras can identify people in airports, remember when you're snapping a cat photo, or even interpret text on a screen. Machines are also capable of making connections between various entities.

Massive data sets can now be collected using Web 2.0 and evaluated in a sector known as "big data." Your online habits can be tracked with this data, which means you'll get more relevant ads as a result. But this hasn't happened without raising some questions about personal data security. The smart devices in our homes aren't the only ones that we use, and it isn't easy to function in society without becoming a source of some of this information. A few people are willing to give up a little privacy in exchange for the ease of Web 3.0's portability and personalization.

THE FUTURE OF WEB3 WILL BE DIFFERENT

The term "Web3" is often used to refer to an alternative vision for Web 3.0. It is conceivable to remove the middlemen who control information if the Internet remains decentralized to establish a more fair internet. Accessing data won't require logging into Google or Facebook accounts. Those who support the idea don't envision a world without search engines and social media platforms. After all, those websites serve a purpose. Instead, they want versions free of corporate tyrants that profit from the misuse of personal information.

In the meantime, the technology that would power Web3 is already in place, and the blockchain system has been used to generate track, trade, and manage cryptocurrencies like Bitcoin. Despite this, the blockchain can be utilized for various purposes. Many open source platforms can operate on top of it. Every time a user does something, they can earn tokens that they can use on other sites. As a result, people will have more control over their online activities since they will be free from the restrictions, prices, and regulations that currently apply to sites and services owned by companies.

Fans of this idea, such as New York University instructor Mat Dryhurst, see a future in which all users' information is stored in a single account that can be used on any website or service, no matter where they are. The businesses that now dominate your online experience have created barriers around you, effectively breaking them down for you. With Web3, consumers will finally be able to regain control of their data. Consider what it would be like if you had complete control over your data, including the ability to choose whether or not to sell it.

Web3 has become less theoretical and more real than ever before in the last few years. Twitter, for example, is looking into the possibility of allowing users to sign in with cryptocurrency accounts rather than Twitter accounts. However, the Internet as we know it will not be replaced entirely by a successful Web3. As long as Web 2.0 is active, it provides a friendly alternative for those who do not wish to use the blockchain. Other companies will certainly include Web3 components into their goods to stay relevant and please their customers.

Uncertainty persists over the future of the web

It's not going to be a smooth ride, of course. The Biden administration, for example, is proposing rules for crypto, blockchain, and related technologies that might hinder the paradise envisioned by advocates of Web3.com technology. However, the freedom to do as you please appeal to individuals who aren't concerned about the well-being of others. White nationalism, for example, may appear to be a shelter on the Web3 for people seeking to create groups based on opposing views. If Web3 becomes as big as some people want, current rules on hate speech may no longer be in place, as many platforms currently ban such content.

It is still hoped that the level playing field provided by Web3 will allow for self-regulation. Even if Google, Amazon, and Facebook are here to stay, blockchain-based alternatives will be even more powerful. Almost everyone can see the advantage of that.

Conclusion

Web3 is currently primarily theoretical and has a rather steep learning curve. Currently, anyone who wants in has to educate themselves on blockchain and cryptocurrency technologies. That’s a step not everyone wants to take just to utilize another version of what they already have, especially if they can use programs like private browsers to get around privacy problems.


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