If you are reading this article, it means you are trying to cope with modern technology. The world is changing. It was a completely different scenario ten years back. And the coming generation would be involved in technology other than what we are using today. This article shall clear your vision about Web3. It includes the working of Web3 and how it is different from the current technology and if this is the coming future.
The world wide web evolution started with Web1.0, which is based on static websites. Few content creators tried to serve many consumers, and there was no interaction between the creators and the consumers. In 1999 Darcy DiNucci coined the term Web 2.0 that gave the internet world a new face. Interaction, commenting, ratings, gaming, etc., were newly included features. Web3.0 has now come to light. It focuses on decentralization.
Web3.0 is the next stage of the internet world that enables the future aimed at being a more autonomous and open internet. Web3.0 was initially coined as a semantic web by Tim Berners-Lee, the World Wide Web inventor. This network will work on the decentralization protocols that are the building pillar of Blockchain and Cryptocurrency. In decentralization, the database is distributed with the participants in the system, and there is no central immediacy. It works on a peer-to-peer network. Web3.0 is to be designed in such a manner that it can be omnipresent. Therefore, it can be an excellent collaboration of Blockchain, Cryptocurrency, and AI.
NFT Domain
ICANN registers the domains of Web2.0. It is the only server that registers and connects all the domains. On the other hand, domains like .x, .nft, .bitcoin, .wallet, etc., are called the NFT domains and are registered in the Blockchain record. Unlike the ICANN registered domains, you don’t need to renew them every year.
- While Web2.0 is based on keywords, Web3.0 is based on entities that can automatically interface with systems, people, and home devices.
- Web2.0 was interactive, but Web3.0 can interpret information and provide personalized data. Therefore, it is also referred to as execution.
- Web2.0 is community-focused, whereas Web3.0 is individual-focused.
- These features would enable Web3.0 to produce innovative applications, unlike Web2.0 that made web applications.
- While Web2.0 has Wikipedia, Web3.0 shares semantic web.
- Many social media sites can censor your comments or accounts in Web2, but Web3 is decentralized, so this is not possible there.
- In Web2, some payments of specific works can be rejected, whereas Web3 requires no personal data and cannot prevent any transaction.
- Servers can never go down in Web3, unlike Web2.
Conclusion
Web3.0 is nothing but a modified version of Web1.0 and Web2.0, taking us to a more smart world. We still use Web2.0, but the near future is calling Web3.0 to come into action. Amazon, Apple, and Google are a few examples that are inbuilt Web3.0. One well-known technology that works on Web3.0 is SIRI.