Humor me, try Googling the word **Web3.**
You’ll find a ton of results, most of them filled with big technical words that make it feel like you need a computer science degree just to understand what’s going on.
But here’s the truth: even if you’re not in the technical space, it’s important to understand the big idea behind Web3, especially if you’re an investor, creator, or just someone who uses the internet daily.
Because Web3 is changing how the internet works.
I'll break it all down, simply.
Web3 didn’t just appear overnight.
It started with Bitcoin.
What is Bitcoin?
Bitcoin is a digital currency that lets people send money directly to each other without banks.
Basically, instead of trusting a bank, people trust a system called a blockchain.
What is a blockchain?
A blockchain is like a public notebook that:
- Records every transaction,
- Is shared across thousands of computers,
- And cannot be easily changed or hacked.
So instead of one company controlling the data, everyone shares and verifies it together.
Then Came Ethereum
Five years after Bitcoin, Ethereum was launched.
So… What Is Web3?
In simple terms:
Web3 is the version of the internet where users own their data, money, and digital assets. Instead of sending transactions through banks, apps, or corporations, you send them directly to a decentralized blockchain.
Web3 is about:
- Ownership
- Transparency
- Freedom
- Control returning to users
Instead of:
The platform owns your data.
Web3 says:
You own your data.
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