What Is Web3?

Web3 is the name some technologists have given to the idea of a new kind of internet service that is built using decentralized blockchains — the shared ledger systems used by cryptocurrencies like Bitcoin and Ether.

What is web3? It’s a hazy/vague term describing a crypto-powered internet, and a font of yogababble. Its promoters would say something akin to: Web3 is a decentralized version of the internet where platforms and apps are built and owned by users. Unlike web2 (the current web), which is dominated by centralized platforms such as Google, Apple, and F... See more

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