WTF is web3? With Gaby Goldberg, Crypto Investor & Thought Leader

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

A series that explores and explains the world of crypto and blockchain in under three minutes and in plain English.

Topics include Bitcoin, mining, Metamask, stable coins, NFTs, web3, blockchains, staking, DeFi, and big players in the space such as Gary Vee.

From "What is the web3 movement about?": Web1 refers to the early, read-only websites.

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Web3 is a new vision of the internet. It takes us away from today’s centralized internet, where data is stored in servers managed by trusted counterparties like Facebook and Google, to a decentralized internet, where a trustless network of peer-to-peer servers manages and verifies data.

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.

web3 is a somewhat ambiguous term, which makes it difficult to rigorously evaluate what the ambitions for web3 should be, but the general thesis seems to be that web1 was decentralized, web2 centralized everything into platforms, and that web3 will decentralize everything again. web3 should give us the richness of web2, but decentralized.

What is Web3? Web3 is a shift in internet culture. Empowered by new technologies, the Web3 movement is spearheaded by a shift in how we, the collective, view and value the Internet. 1/ https://t.co/FHoQLh1vFW... See more