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Web3

Web3 Infrastructure • Tools • Interfaces

decentralized internet evolution

Web3 refers to the next evolution of the internet, where decentralized technologies like blockchain, smart contracts, and token-based systems empower users with ownership, privacy, and control over their digital interactions. Unlike Web2, which is dominated by centralized platforms, Web3 aims to create a more open, trustless, and user-driven web through decentralized applications (dApps), DAOs, and digital assets.

Use Case: A creator publishes content through a Web3 platform, earning revenue directly from fans via crypto payments while maintaining full ownership of their work—without relying on a centralized social media company that takes a cut or controls distribution.

Key Concepts:

  • Web1 — The original read-only internet with static websites and minimal user interaction.
  • Web2 — The interactive, centralized internet dominated by platforms and user-generated content.
  • dApps — Decentralized applications running on blockchain networks without central control.
  • DAO — Decentralized autonomous organizations governed by token holders and smart contracts.

Summary: Web3 represents a fundamental shift from centralized platforms to user-owned digital ecosystems. By combining blockchain infrastructure with decentralized governance and tokenized ownership, it aims to return power, privacy, and economic value to users rather than corporations.

Era Timeframe Characteristics
Web1 (Read-Only) 1990s – Early 2000s Static websites with limited interaction. Users could only read content. Decentralized infrastructure, but no social or personalized experiences.
Web2 (Read & Write) Mid-2000s – Present Interactive, user-generated content through social media, blogs, and cloud platforms. Centralized control by tech giants. Data monetization and user tracking became widespread.
Web3 (Read, Write & Own) Emerging – Present & Future Decentralized applications (dApps), smart contracts, NFTs, and DAOs. Users own their data, identities, and digital assets via blockchain technologies. Trustless, transparent, and community-driven.

 
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