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SR Soumya
SR Soumya

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What is Web 3? Understanding the Next Internet Phase..

Welcome to my very first blog post! I’m excited to dive into a topic that’s been buzzing around tech circles lately: Web 3. If you’ve heard whispers about a new era of the internet but aren’t quite sure what it means, you’re not alone. Today, we’ll explore what Web 3 is, why it matters, and how it could change the way we interact online.

Web 1.0: The Static Web

~Read-Only Content: Websites were primarily informational, with content that users could only read.
~Limited Interaction: User engagement was minimal; interaction was restricted to basic hyperlinks.
~Digital Bulletin Boards: The web functioned as a digital library where information was presented without opportunities for user contribution.

Web 2.0: The Social Web

~Dynamic Content: Websites became interactive with the introduction of user-generated content.
~Social Media Platforms: Rise of platforms like Facebook, Twitter, and YouTube enabled users to create, share, and engage with content.
~Collaboration and Communication: The internet evolved into a space for collaboration, communication, and active participation.

Web 3.0: The Decentralized Web

~Decentralization: Utilizes blockchain technology to distribute control and data across a network, reducing reliance on centralized entities.
~User Ownership: Gives users greater control over their personal data and digital assets, enhancing privacy and security.
~Smart Contracts and dApps: Introduces smart contracts for automated, trustless transactions and decentralized applications for various online activities.

Summary

~Transition from Web 2.0: Web 3.0 builds on the interactive and collaborative nature of Web 2.0, while addressing its limitations with decentralization and user empowerment.

~Enhanced Privacy and Security: Aims to create a more secure and private online environment through advanced technologies and reduced central control.

🌐✨

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