Web 3.0, also known as Web3, is the next evolution of the World Wide Web. It is a vision of a decentralized and open web with greater utility for its users. Web3 envisions a truly decentralized internet, where connectivity is based completely on peer-to-peer network connections. The main principle of Web3 is that it will be decentralized, rather than controlled by governments and corporations, as is the case with todays internet. Web3 incorporates concepts such as decentralization, blockchain technologies, and token-based economics. Some of the defining features of Web3 include:
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Openness: Open-source software will be used to build content platforms.
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Trustlessness: Everyone will use Zero Trust, and network protection will reach the edge.
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Decentralization: Interaction between devices, users, and services will be possible without a centralized authoritys approval. Blockchain technology will make it possible for users to communicate directly with one another throughout the next stage of the internet.
Web3 is still a work in progress, and its exact definition is not yet clear. However, it is clear that Web3 will be a significant paradigm shift, just as Web 2.0 was.