Have you heard of the new web version? Apart from the social media that we are all into now, there is an emerging version of the web that utilizes the technology that also powers the prominent crypto and NFT – the Web 3.0. So how does Web 3.0 work and what does it mean for you as a user.
Just like the number sequence 1, 2, and 3, Web 3 is certainly the successor of the precedent web versions, web 1 and web 2. Thus, in order to understand what web 3 is, let us first dive in to how web 1 and web 2 operate, and their differences.
Web 1.0 and Web 2.0
Web 1.0 is known as the earliest version of the internet that we can refer to as “read-only”, where users are allowed to view information, with no interactions in between. It consists of a bunch of static pages, which shows information to the user who asked for it. And that was it – no login or verification needed. Likewise, there were no companies who are referred to as internet giants, such as Google and Facebook. Majority of the sites were controlled by micro companies, and even individuals.
Of course, with the course of time, improvements happened. Vast changes occurred when web2 was born, which also meant broad interaction among users and the reigning of the huge companies over the internet. You can say that Web 2.0 is almost synonymous to social media, as its users interact mainly through the internet. Not only users acquire information from the webpages, but the internet also obtains information from users. Because of this, Web 2.0 opened portals of profit accumulation for the so called internet giants. Consequently, Web 2.0 development can be referred to as the age of targeted advertising, which offered less privacy to its users.
How Web 3.0 differs
As Radian Web3 puts it, Web 3.0 is the next evolution of the internet, which utilizes blockchain technology and tools of decentralization. Compared to web 2.0 which stores information to a centralized data storage, web 3.0 offers less controlling from huge tech companies. But, do not fret, because it will not deactivate interaction among users. Sure, this idea of how Web 3.0 would function is a lot more complicated than its ancestors. But technological advancements made this possible in the present era.
How Web3 Works
Web 3.0 is powered by blockchain, the very thing that supports the emerging cryptocurrency and NFT. If web 2.0 is synonymous with social media, web 3.0 is mirrored by crypto. Web 3.0 makes use of decentralization, in which data collected from its users are not contained in a huge storage, but is widely distributed over the internet. This method makes internet more accessible. The process of data transfer will be registered in a digital ledger to promote transparency and to prevent misuse. Artificial intelligence (AI) will prohibit system abuse by bots.
On the other hand, its Web 3.0 development can mean loss of anonymity. Another downside is web 3.0 being more theoretical than concrete because most of the technologies that support it are yet to be fully developed.