Why you need to know about Web 3.0?
Web3.0 is a hot topic. Is it the future Internet or simply a fad?
The World Wide Web ("WWW"), the internet's primary information retrieval mechanism, is referred to as the "Web." When searching for a specific resource online, the word "www" used to (and frequently still does) prefix a web URL and was one of the first characters typed into a Web browser. The phrase "World Wide Web"1 was coined by Internet pioneer Tim Berners-Lee to refer to the worldwide "web" of information and services interconnected by hypertext linkages. Now questions turning around would be what exactly is web 1.0?
Web 1.0
Berners-Lee, a computer scientist at CERN in Europe, was a pioneer2 in the early creation of the Internet in 1990. Berners-Lee had created the three key technologies3 that would become the core of the Web by October 1990, including the first web page editor/browser.
Web browsers like Netscape Navigator were introduced in the mid-1990s, ushering in the age of Web 1.0. This was the era of static Web pages downloaded from servers, which were nothing like the sleek material we now take for granted. The novelty of services like email and real-time news retrieval wowed most internet users at the time. Users had little chance for interactive apps because content production was still in its infancy. However, this improved as online banking and trade grew more prominent.
Web 2.0
Key breakthroughs like mobile internet access and social networks, as well as the near-ubiquity of sophisticated mobile devices like iPhones and Android-powered smartphones, have fueled Web 2.0's exponential growth. These advances permitted the supremacy of "apps" that substantially extended online engagement and utility in the second decade of this millennium—for example, Airbnb, Facebook (now Meta), Instagram, TikTok, Twitter, Uber, WhatsApp, and YouTube, to mention a few.
2004 - Google's initial public offering (IPO) and the birth of Facebook were two significant events that propelled the growth and acceptance of Web 2.0 this year (now Meta). Both firms are members of the FAANG group, including the most powerful technological corporations in the United States.
Web 3.0
There's a terminology that tech, crypto, and venture capitalists have recently been obsessed with. It's now sprinkled throughout conversations, and you're not serious about the future until you include it in your Twitter bio: Web3. It's a catch-all word for various concepts aimed at cutting out the large middlemen on the internet. Navigating the web in this new era no longer entails signing up for Google, Facebook, or Twitter.
Web 3.0 is the next iteration or phase of the Web/growth, internet's, and it can be as disruptive and paradigm-shifting as Web 2.0. The main ideas of Web 3.0 include decentralization, openness, and increased user usefulness.
The advent of NFTs, or non-fungible tokens, digital collectibles, and other online files that can be purchased and sold with cryptocurrency, has aided the Web3 movement. Then there are the public relations gimmicks. A group of crypto aficionados has got together to try to buy a copy of the United States Constitution using digital money. They formed a group called ConstitutionDAO. (A DAO stands for a decentralized autonomous organization, the moniker given to an online community of crypto enthusiasts that band together in a group regulated by blockchains and tokens.) It has a Web3 feel to it.)
Interesting , Further enlighten us on this topic. 👍
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