What Is Web3? An Introduction to This New Paradigm.
The Role of Blockchain in Web3.
Web3 is the future of the internet, and it will change how we interact with the web.
The decentralization of the internet is an attractive concept. This is because it ensures that power isn’t centralized in one entity, like a government, corporation, or any other entity that has more power than others. Instead, power is decentralized to users, who are able to have a say in how they want their data used and privacy respected.
The decentralized internet will be a web 3.0 with no centralization of data, servers, or any centralized entities. The infrastructure of the current internet is based on the idea that there are points of failure at all times. This means that any point in the system can crash and break down to halt communications. With a decentralized internet, there is no central point to attack thus no points of failure.
#web3 #Blockchain #decentralized #economy
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