Web 3.0 promises a decentralized internet built on the blockchain. The main questions for this article are, What Is Web3 Infrastructure? And What Is Web3 Infrastructure? How Is Web3 Different From Previous Forms Of The Web? Let's start reading to find out the answers.
What Is Web3 Infrastructure?
In summary, Web 3.0 includes four components in addition to the existing Web 2.0:
High bandwidth and extremely mobile — think 5G
Decentralized: NFT, VA (Virtual Assets), dApps, Distributed Finance, Distributed Ledger Technologies, etc. Some call this web3
Intelligent is another ambiguous term, but it includes several levels of AI and may even incorporate some Semantic Web concepts.
Interactive, Virtual engagement - Think 3D, AR/VR, Metaverse
All parts of life — including play, learning, job, entertainment, travel, and everything in between — will change once these are in place and working together.
How Is Web3 Different From Previous Forms Of The Web?
It could be helpful to know where we're coming from in order to understand what's new about web3.
The most of websites were read-only web pages in the early years of the World Wide Web, or web 1.0. Pages were just intended to be read, with no interactive features. Users were pure consumers. The issue with the original web was that It required a significant amount of technological know-how to create your own web page and contribute to this version of the web.
The web that we currently use, Web 2.0, provided the ability for users to "write" in addition to reading. Owners of web pages can view statistics on the number of clicks and comments generated by their content. Additionally, it opened the way for social media and opened up content creation to those who would not have had access to it in web 1.0.
These platforms allow for the creation of content, but they also use our data to determine what other types of content we might be interested in. Companies can potentially profit from the sale of this data to advertisements. Users on this version of the web are both consumers and products.
The Future Of Web3
To realize the vision of a decentralized Web3, there is still much innovation work to be done. However, Web2 did not develop overnight either. From an information economy to a platform economy in under 30 years. The token economy is the next logical evolutionary step.
Currently, it is unclear how this evolution will proceed. In the longer term, centralized and decentralized platforms will probably coexist while decentralized protocols continue to expand their market share. billions of US dollars. Despite being modest in contrast to the traditional financial industry, this sector is important, and expansion is ongoing.
It will take time for innovation to go from Web2 to Web3, much like it did from Web1 to Web2. Which technology and business models are more effective in the long run will become clear. And in the end, we will live in a new world .
There are opportunities for early investors. In contrast to Web1 and Web2, where mainly founders and venture capitalists were among the big winners, everyone can benefit more directly from Web3. As such, Web3 is the critical tool toward greater financial sovereignty for everyone.
What is Web3 Infrastructure? How Is Web3 Different From Previous Forms Of The Web? -- Hopefully, reading this article can help you to gain some knowledge.
