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]arrow-up-right web and social web)[2]arrow-up-right refers to websitesarrow-up-right that emphasize user-generated contentarrow-up-right, ease of usearrow-up-right, participatory culturearrow-up-right and interoperabilityarrow-up-right (i.e., compatibility with other products, systems, and devices) for end usersarrow-up-right.

Web2 Description

Web 3.0

Web3 (also known as Web 3.0[1]arrow-up-right[2]arrow-up-right[3]arrow-up-right) is a marketing term for uses of the World Wide Webarrow-up-right which incorporate concepts such as decentralizationarrow-up-right, blockchain technologiesarrow-up-right, and token-based economics, all of which existed on the web prior to the term being created.[4]arrow-up-right Some technologists and journalists have contrasted it with Web 2.0arrow-up-right, wherein they say data and content are centralized in a small group of companies sometimes referred to as "Big Techarrow-up-right".[5]arrow-up-right The term "Web3" was coined in 2014 by Ethereumarrow-up-right co-founder Gavin Woodarrow-up-right, and the idea gained interest in 2021 from cryptocurrencyarrow-up-right enthusiasts, large technology companies, and venture capitalarrow-up-right firms.[5]arrow-up-right[6]arrow-up-right The concepts of Web3 were first represented in 2013.[7]arrow-up-right[8]arrow-up-right

Wikipedia Definition of Web3

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