One of the most named terms in recent years has been Web3, but what does this concept refer to?

Web3 seeks to evolve the concept of the Internet by decentralizing it with the help of blockchain technology. Specifically, it aims to recover the decentralization that the Internet had at the beginning, but providing it with more immersive and humanized developments.

After this brief explanation, to learn more about the characteristics of Web3, it is necessary to understand the origins of the Internet and the history of the Web.

 

History of the Web: Web 1.0

Web 1.0 refers to the Internet that was present between 1990 and the early 2000s. This web could be named as ‘read-only‘ as it was mostly made up of static pages created by open protocols such as HTTP, where people did not interact with them. In this scenario the user read the websites passively as no possibility of interaction was offered.

 

History of the Web: Web 2.0

With the emergence of Web 2.0 in 2004, the role of the user changed as there was more interaction with the pages. New functionalities were added to the previous static websites, which allowed a greater democratization of the Internet and the appearance of the first social networks such as Facebook, YouTube or Twitter. People who were on the network were no longer limited to passively reading the content of the same, but could actively participate and even create and publish their own content.

What happened at this time, and what would be a turning point for the emergence of Web3, was the emergence of large centralized companies that began to control and monetize most of the activity that took place on the Internet. As time went by, more and more people connected to these platforms to share their content, which gave technology companies great control over the traffic and value generated on Web 2.0.

 

The future evolution of the Internet: Web3

With Web3, the aforementioned control is avoided. This new vision would be built on blockchain, the technology that makes it possible to store data, digital assets and movements in long chains of blocks that are difficult to alter. Thanks to the decentralization offered by this technology, dependence on large technology companies, banks and states would be reduced, since the Internet would no longer be monopolized by these subjects. In this way, the power resides in the hands of the users, to whom the control and administration is transferred exclusively.

In addition, all elements based on blockchain, such as cryptocurrencies or NFTs, will be used in Web3. Through the former, people will be able to spend or send money over the Internet, but without having to rely on the infrastructure and centralization of banks.

In conclusion, Web3 seeks to evolve today’s Internet by empowering people without having to put their trust in centralized companies.

 

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