added by Marcel Mairhofer and · updated 2y ago
Web 3.0 and the Future of Trust
- Web 3 is the next step of the Internet. It is currently still being built, so there is no single, established definition yet of what Web 3 is or will be.In general, however, Web 3 refers to an Internet that is made possible by decentralizednetworks, such as Bitcoin and Ethereum. The key innovation of these networks is the creation of platforms that... See more
from What is Web 3? - Decrypt by Decrypt
Jordan Bester added
- The third phase of the internet combines blockchain technology, cryptocurrency, and digital ownership with new governing structures with terms prearranged and automated by smart contracts to allow decentralized projects to prosper. Web3 both stands on the shoulders of the open-source ethos that supports the earlier internet phases and threatens to ... See more
from Venture Capital in a Decentralized World by Michael Lazerow
sari added