What is Web3 technology?

Web3 technology is an internet protocol created by integrating a series of innovative technologies such as decentralized applications (dApps), blockchain technology, and cryptocurrencies. This protocol is being developed by the Web3 Foundation and other similar organizations.

Web3 enables the development of decentralized applications (dApps). Unlike traditional centralized applications, these applications enable direct interaction between users and store data using blockchain technology. This ensures security, transparency, and data privacy. Web3 technology also supports the use of cryptocurrencies (such as Bitcoin and Ethereum). These currencies can be used to facilitate the operation of decentralized applications and for conducting payment transactions. In a future where decentralized applications and cryptocurrencies are becoming increasingly popular, Web3 technology can be seen as a new version of the internet.

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Let's break this down into pieces and learn the terms one by one. It only takes 5 minutes to understand this Web3 stuff, so don't be afraid.



web1:

The server shares data (information). User reads, sees and hears data (information). Sample: News websites etc.

web2:

The user sees, hears and reads the data shared from the server. The discriminating user uploads content to the server and allows other users to access the data. Sample: Instagram, Youtube, Facebook etc.

web3:

There is no central server involved. The data is stored in a decentralized area. Only users can access the data, and other users can only view, hear or read it based on the permissions granted.