Web2 vs. web3 Back to list

Member SinceJul 08, 2021

Posts 639

Sterling

Sep 20, 2022 a 12:53
Web2: This has been the case since the early 2000s, when the emergence of large platforms such as Google, Facebook, Twitter, and Amazon, as well as services such as Uber and Venmo, brought a centralised, commercial order to the internet by making it easier to connect, browse, interact, and transact online. These large corporations capture a large portion of the monetary value generated on the internet.
Web3: This is the internet's future, in which we return to the individualised utility of Web 1.0, but this time on blockchain technology and digital tokens that can foster a decentralised internet. Web3 replaces centralised entities with decentralised networks that distribute value to creators, users, and developers, rather than the large players of Web2 capturing the majority of monetary value.

Member SinceJun 05, 2022

Posts 6

FXOday

Sep 21, 2022 a 15:28
Web3 currently promising internet freedom, however the future of web3 still in questionable, there are debate this is really giving internet freedom or still too good to be true.

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