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  1. Prominent journalists and technologists, including Gavin Wood, co-founder of Ethereum, a prominent blockchain platform, began to popularize the terms Web 3.0 and Web 3 to signify a decentralized, semantically aware version of the web.

  2. Web 2.0 vs. Web 3.0 comparisons usually miss the fact that Web 3.0 is not an entirely new invention but rather an extension and improvement of already existing Web 2.0 characteristics. Web 3.0 makes Internet content more diverse and accessible by allowing computers, not people, to generate new data.

  3. Feb 28, 2022 · Web 3.0 represents the next generation of the internet, which aims to shift power from large corporations to individual users. Its focus is on decentralization, transparency, and security. As for the stats, each month more than 18k active developers commit code in open-source crypto and Web 3.0 applications.

  4. Mar 1, 2024 · Web3 has become a catch-all term for the vision of a new, better internet. At its core, Web3 uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership. A 2020 post on Twitter said it best: Web1 was read-only, Web2 is read-write, Web3 will be read-write-own.

  5. Web3 Internet uses blockchain technology—the same technology that underpins Bitcoin and other cryptocurrencies—to make the decentralized Internet more secure and private. Web3 systems are technology protocols controlled by computer code to facilitate direct and secure communications among users, applications, and data.

  6. Mar 24, 2024 · Alongside such terms as crypto, blockchain technology, and the metaverse, Web 3.0 is one of the biggest buzzwords in the industry. Behind it lies the idea of a whole new internet that is supposed to bring about a real revolution – just like the one caused by its predecessor, Web 2.0.

  7. Oct 17, 2023 · Some people believe that a new paradigm for the internet is coming, called Web 3.0also often styled Web3. They claim that a next-generation set of technologies could disrupt society just like...

  8. Feb 27, 2023 · This brings us to the next phase of the internet, in which many wish to wrest back control from the entities that have come to hegemonize it. The terms Web3 and Web 3.0 are often used ...

  9. Jun 2, 2022 · To be succinct, Web 3.0 is the next iteration of the internet that will largely rely on blockchain technology, cryptocurrencies, and most importantly, the philosophy of decentralization. In other...

  10. www.forbes.com › sites › forbestechcouncilWhat Is Web 3.0? - Forbes

    Jan 6, 2020 · As we move toward Web 3.0 and the technologies that support it mature and become scalable, I believe the web will reflect its original intent. Surely, Berners-Lee did not foresee that internet ...

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