> For the complete documentation index, see [llms.txt](https://cll-devrel.gitbook.io/bootcamp-2024/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cll-devrel.gitbook.io/bootcamp-2024/1.-blockchain-and-wallet-fundamentals/what-is-web3.md).

# What is Web3

The core vision of crypto and Web3 is the development of a native digital economy open to all. Underpinned by blockchains, smart contracts, and oracles, Web3 promises a world in which processes are ex

### Web 1.0

The original design of the internet as we know it. The general workflow of the web was that servers would provide content to individuals consuming content in their browsing session. 

### Web 2.0

> Web 2.0 (also known as participative (or participatory)[\[1\]](https://en.wikipedia.org/wiki/Web_2.0#cite_note-1) web and social web)[\[2\]](https://en.wikipedia.org/wiki/Web_2.0#cite_note-:42-2) refers to [websites](https://en.wikipedia.org/wiki/Website) that emphasize [user-generated content](https://en.wikipedia.org/wiki/User-generated_content), [ease of use](https://en.wikipedia.org/wiki/Usability), [participatory culture](https://en.wikipedia.org/wiki/Participatory_culture) and [interoperability](https://en.wikipedia.org/wiki/Interoperability) (i.e., compatibility with other products, systems, and devices) for [end users](https://en.wikipedia.org/wiki/End_user).

{% embed url="<https://en.wikipedia.org/wiki/Web_2.0>" %}
Web2 Description
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### Web 3.0

> Web3 (also known as Web 3.0[\[1\]](https://en.wikipedia.org/wiki/Web3#cite_note-:8-1)[\[2\]](https://en.wikipedia.org/wiki/Web3#cite_note-crunch-2)[\[3\]](https://en.wikipedia.org/wiki/Web3#cite_note-:2-3)) is a marketing term for uses of the [World Wide Web](https://en.wikipedia.org/wiki/World_Wide_Web) which incorporate concepts such as [decentralization](https://en.wikipedia.org/wiki/Decentralization), [blockchain technologies](https://en.wikipedia.org/wiki/Blockchain), and token-based economics, all of which existed on the web prior to the term being created.[\[4\]](https://en.wikipedia.org/wiki/Web3#cite_note-4) Some technologists and journalists have contrasted it with [Web 2.0](https://en.wikipedia.org/wiki/Web_2.0), wherein they say data and content are centralized in a small group of companies sometimes referred to as "[Big Tech](https://en.wikipedia.org/wiki/Big_Tech)".[\[5\]](https://en.wikipedia.org/wiki/Web3#cite_note-:0-5) The term "Web3" was coined in 2014 by [Ethereum](https://en.wikipedia.org/wiki/Ethereum) co-founder [Gavin Wood](https://en.wikipedia.org/wiki/Gavin_Wood), and the idea gained interest in 2021 from [cryptocurrency](https://en.wikipedia.org/wiki/Cryptocurrency) enthusiasts, large technology companies, and [venture capital](https://en.wikipedia.org/wiki/Venture_capital) firms.[\[5\]](https://en.wikipedia.org/wiki/Web3#cite_note-:0-5)[\[6\]](https://en.wikipedia.org/wiki/Web3#cite_note-:7-6) The concepts of Web3 were first represented in 2013.[\[7\]](https://en.wikipedia.org/wiki/Web3#cite_note-7)[\[8\]](https://en.wikipedia.org/wiki/Web3#cite_note-8)

{% embed url="<https://en.wikipedia.org/wiki/Web3>" %}
Wikipedia Definition of Web3
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